Bruce McFadzean says mining executives need to rethink their remuneration structure, after joining Sheffield Resources on a package that ties most of his income to development of the Thunderbird mineral sands project.
Windward Resources has appointed David Frances as managing director.Mr Frances is a past president of Mawson West and a former team leader at Dominion Mining.
Australian-based minerals company Avalon Minerals is set to raise $3.88 million through a share placement with copper producer, developer, and explorer Mawson West.
Perth-based gold explorer Mawson West Ltd has raised $2 million from the placement of 12.5 million shares at 16 cents per share to RMB Resources Ltd as trustee for the Telluride Investment Trust, and clients of Tricom Equities Ltd.
Perth-based gold explorer Mawson West Ltd has signed a deal with Anvil Mining Ltd, enabling it to earn a 65 per cent interest in a tenement package in central Africa for US$4 million (A$5.4 million) over four years.
