Gold miner Doray Minerals is hoping for a market re-rating after announcing a scrip takeover of Mutiny Gold today, but its goal of becoming a two-mine mid-tier producer failed to impress the market.
Heath Hellewell is set to join the board of Duketon Mining as an independent non-executive director, subject to shareholder election at the company's general meeting on November.
Gold explorer and developer Doray Minerals will take an earnings hit of between $40 million and $50 million due to a fall in the Australian dollar gold price.
Perth-based gold miner Doray Minerals has agreed to purchase a majority interest in Archean Star Resources' Gnaweeda gold project in the Murchison region of Western Australia.
Driving up the Great Northern Hwy from Midland to Port Hedland, you can't help but marvel at the number of trucks on the road – and be concerned about what lies ahead for wheatbelt communities after the closure of the ‘tier 3' rail lines.
Doray Minerals' founding directors Allan Kelly and Heath Hellewell have won the Association of Mining and Exploration Companies' prospector of the year award for 2014.
Gold miners Ramelius Resources and Doray Minerals achieved record quarterly production over the past three months, while Regis Resources' output was hampered by severe weather and flooding at its G
Doray Minerals has posted a maiden half-year profit on the back of the commencement of production at its Andy Well gold project in the Murchison region.
Northern Star Resources has been recognised for excellence in the resources sector, winning the fourth annual Craig Oliver award at the RIU Explorers Conference.
Gold miner Doray Minerals plans to accelerate drill testing of near-mine exploration targets at its Andy Well gold project in the Murchison region following a $17 million capital raising.
Northern Star Resources has confirmed it will enter into a hedging program for almost a third of its forecast gold production over the next 12 months as concerns over price volatility continue to linger across the sector.
The value of mergers and acquisitions in the Western Australian gold sector over the past 12 months has reached close to $650 million, analysis by Business News has found.
Doray Minerals has officially opened its Andy Well gold project in the northern Murchison region, at a ceremony hosted by mines and petroleum minister Bill Marmion.
Western Australia's gold sector is rallying against a potential increase in royalty rates, saying such a move would significantly hurt country towns as well as local producers of the precious metal.
Four years on from the collapse of Lehman Bros, it is disturbing to realise the finance sector has reverted to tight credit conditions akin to the GFC.
Doray Minerals has launched a $30.8 million share placement in conjunction with a $12.2 million entitlements offer, ensuring its Andy Well gold development near Meekatharra is fully funded to produ
Doray Minerals shares have risen after the gold miner announced it had finalised a $55 million funding arrangement for its Andy Well gold mine in the Murchison region.
Doray Minerals managing director Alan Kelly and technical director Heath Hellewell have exercised options to acquire shares at 20 cents each, and sold some shares on-market.
Gold producer Ramelius Resources poured cold water on talk its newly acquired stake in promising Western Australian explorer Doray Minerals foreshadowed a take-over bid.
Doray Minerals' stocks have jumped after it revealed drilling programs at its Andy Well gold project had significantly added to the depth and strength of the project's high-grade Wilber Lode.
Investors' appetite for gold-related plays is on the up, with Crescent Gold the latest in a string of Western Australia-based gold explorers and miners to report an overabundance of interest in its latest capital raising.
Recently-listed Doray Minerals has raised $4 million that will fund further exploration at its Andy Well gold prospect in the northern Murchison region of Western Australia.
Shares in West Perth-based Doray Minerals have more than tripled in trade today after it released high-grade drilling results from its Meekatharra North gold project.
North Perth-based Doray Minerals says it expects to list on the local bourse this month after it raised more than $4.6 million in its initial public offer.
