News Articles for Doray Minerals

Meeka Metals has slotted in the final piece of the approvals puzzle from the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS), allowing it to launch full-scale development of its Murchison gold project in Western Australia. With the green light now shining brightly, Meeka has quickly moved from planning to construction and is targeting its first gold pour by July next year.

In this week's edition of Bulls N' Bears Big Hits, we unravel some of the most curious drill intersections revealed on the ASX, including Warriedar Resources' stunning gold hit of 4m at 14.49g/t. We also take a close look at other notable drill hits in the past week from Ora Gold, Australian Gold and Copper, Dateline Resources and Patriot Battery Metals.

The high gold price and strength of the market has made it easier for junior goldminers to raise capital and launch IPOs.

The state's gold miners are positioning themselves to take advantage of the commodity's surging value.

Over 99 per cent of Doray Minerals' shareholders have voted in favour of the company's proposed $615 million merger with fellow locally-based gold miner Silver Lake Resources.

Tougher emissions standards for ships and a growing need for remote power options for miners could both be a boost for the domestic LNG market.

Westgold Resources will not go ahead with its planned purchase of Doray Minerals' Andy Well and Gnaweeda gold projects.

SPECIAL REPORT: Global players are converging on WA as resources assets become increasingly attractive in the international arena.

Gold and copper producer Doray Minerals has announced the sale of its Andy Well and Gnaweeda gold projects to Westgold Resources, in a cash and scrip deal worth $15 million.

Local gold producers Silver Lake Resources and Doray Minerals have announced a merger to create a mid-tier company to be led by Silver Lake managing director Luke Tonkin.

Gold miner Doray Minerals has announced the sale of its mothballed Andy Well project near Meekatharra to Canadian company Galane Gold in a deal worth $10 million.

Dreamscape Networks is pleased to announce that it has entered into a Binding Heads of Agreement to acquire 100% of Hong Kong based hosting and domain business PacHosting from privately held Pacifi

Operations at Doray Minerals' Deflector gold-copper mine in the Murchison region have been halted after a fire broke out at the site early this morning.

Gold producer Northern Star Resources has hit its gold production rate target for 2018, while Doray Minerals has announced an increased production guidance for the 2019 financial year.

Black Mountain Resources Limited is pleased to update shareholders on the following restructure initiatives that have been agreed to by the Company and its major lender, Richmond Partners Masters L

Gold miner Doray Minerals has raised $25 million to reduce debt and increase exploration at its Deflector project, which is located 160 kilometres east of Geraldton.

The share prices of Orinoco Gold and Doray Minerals have risen today after the companies announced positive drilling results at their respective projects.

Gold miner Doray Minerals is considering a joint venture arrangement with Metals X spin-out Westgold Resources over its Gnaweeda project.

Local explorer Riversgold has begun trading on the ASX after raising $6.1 million from investors by way of an initial public offer.

SPECIAL REPORT: Blackham Resources has overcome a number of hurdles following its transition from explorer to producer, while the state's emerging miners wrapped-up a busy 12 months.

Doray Minerals has flagged a $71.7 million net loss for the 2017 financial year, on the back of a large impairment charge.

A new gold exploration company led by former Doray Minerals boss Allan Kelly and backed by Evolution Mining has announced plans to list on the ASX, whilst two other junior miners have joined the bourse after completing backdoor listings.

Shares in Doray Minerals have been hammered on news the company will suspend operations at its Andy Well gold mine later this year.

SPECIAL REPORT: A joint venture between a major contractor in the Mid West and a traditional owner group has been many years in the making.

Newly appointed chief executives in WA are on substantially lower salary packages compared with recent years, a Business News survey has found.

Local gold miner Millennium Minerals has found an internal candidate to replace outgoing chief executive Glenn Dovaston, who has resigned after two years at the helm.

Doray Minerals chief operating officer Peter Bamford has become the latest senior departure from the firm, following the recent exit of its CEO and chairman.

Doray Minerals co-founder Heath Hellewell has been promoted to the role of executive chairman of gold explorer Capricorn Metals, as the company restructures its board and management positions.

Gold miner Doray Minerals says it expects to report a $40 million-$45 million impairment charge against its Andy Well and Deflector gold mines, with the former operation also expected to deliver an operational loss for the financial year.

Former BHP Billiton executive Julius Matthys has been appointed chairman of gold miner Doray Minerals, replacing Peter Lester who retired last month to focus on his other business interests.

Doray Minerals has found a permanent replacement for its recently departed managing director Allan Kelly, appointing Leigh Junk to the role with a larger base salary than his predecessor.

Doray Minerals chairman Peter Lester has told the company he will retire on Monday to focus on his other business interests, less than two months after founding managing director Allan Kelly resigned.

Coventry Group has appointed its former chief financial officer Robert Bulluss as company secretary following the resignation of Chris Lloyd.

The founding managing director of Doray Minerals has announced his resignation after nearly eight years in the role, citing personal reasons for his departure, with non-executive director Leigh Junk to fill the role until a full-time candidate is found.

Four Perth-based mining companies have today announced plans to raise capital, with Doray Minerals leading the change with confirmation of a $24.9 million placement.

SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state's gold sector, and 2017 is looking to be a similarly positive year.

Shares in Doray Minerals were down 5.5 per cent as the gold miner released production guidance for the 2017 financial year of between 105,000 and 120,000 ounces.

Gold and lithium players were the biggest winners in the quarterly S&P/ASX indices rebalance, with Perth-based companies Galaxy Resources and Resolute Mining leading the shift, while contractors and tech firms lost ground.

Higher revenue from gold and silver sales have helped Resolute Mining post a positive net profit result for the 2016 financial year.

Perth-based contractor MACA is focusing on securing more work in the gold sector after reporting a slump in full-year profit.