Perth-based Navigator Resources has announced plans to exit the resources industry by acquiring an Australian pharmaceutical business and relisting on the ASX through the backdoor.
The directors of Perth-based gold explorer Echo Resources have come out swinging after dissident shareholder Michael Ruane forced the company to convene a general meeting, where he will seek a board spill.
Kin Mining has negotiated a revised deal to acquire the Leonora gold project, after previous backer Geolord Resources said it planned to terminate its support for a capital raising.
Perth-based explorer Kin Mining has agreed to purchase the Leonora gold project in the Goldfields from the administrators of Navigator Resources for $2.7 million.
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.
Saracen Mineral Holdings has purchased the Thunderbox gold project from Norilsk Nickel for $23 million, in a deal which could double the company's production to up to 270,000 ounces per year.
Power generator Pacific Energy has reported record earnings for FY2013 but revised down its earnings guidance for the current financial year after being hit by project closures and the general slow
A slowdown in the mining sector could have positive flow-on effects for employers in other industries, Business News' annual survey of the state's 100 largest employers has found.
Navigator Resources has sourced an additional $3 million in working capital from major shareholder Au Mining, to cover a funding shortfall created by operational issues at its Bronzewing gold mine
Struggling gold miner Navigator Resources has pushed back an already-delayed $16 million rights issue for a further three weeks, announcing today the prospectus would not be lodged with the Austral
Navigator Resources has been left high and dry by its potential white-knight, with Singapore-based investment house LionGold Corporation deciding not to make a formal takeover proposal for the emba
Navigator Resources' quest for more capital has come under further scrutiny from the corporate watchdog, with the company's prospectus for an upcoming $16 million rights issue delayed until further
Navigator Resources has recruited Andy Tudor to succeed David Hatch as its new managing director to try and turn around the fortunes of the struggling gold miner.
Navigator Resources has paid a $33,000 fine issued by Australia's corporate watchdog, after ASIC alleged the struggling gold miner made misleading statements relating to a capital raising last year
GOLD miner Norton Gold Fields is aiming to reduce costs at its Paddington operations near Kalgoorlie during the second half of the 2012 financial year to better compete with its low-cash peers.
Navigator Resources says it is in advanced negotiations with a Canadian resources investment firm for a $US12 million debt facility and a gold sale agreement covering production from its Bronzewing
Navigator Resources has secured $4.5 million in extra funding by negotiating a royalties deal with Canadian group Franco-Nevada, as it continues efforts to ramp-up gold production.
Navigator Resources has announced a maiden net profit of $3.04 million for financial year 2010-11, driven by the first full year of production from its Bronzewing gold mine and trial mining at Leon
Navigator Resources says it is set to eliminate its debt after Patersons Securities found investors to top up the balance of a $32.6 million rights issue, following an initial shareholder take-up o
Navigator Resources have tumbled by more than 30 per cent after it announced it had won a 12-month extension to its finance facilities and revised the terms of its rights issue down to 4 cents per share.
Investors have wiped nearly half the value off of Navigator Resources stocks after it announced a discounted rights issue to raise up to $31.7 million.
Mid-tier gold miner Navigator Resources says it will generate a maiden profit over the 2011-12 financial year, despite lodging an interim loss of $4.2 million.
Perth-based gold miner Navigator Resources has moved closer to cashing in on rampant investor appetite for rare earths exposure, finalising plans to spin-off its rich Cummins Range project in the Kimberley early next year.
Navigator Resources has completed an $11 million capital raising via a placement to institutional and sophisticated investors and hopes to use the funds for further exploration and to pay down debt.
West Perth-based Navigator Resources has today stepped into the producer ring with the pouring of the first gold bars at both its Bronzewing and Leonora operations on the same day.
Canada's Mega Uranium and Perth-based Navigator Resources have started talks over the possible sharing of infrastructure for their uranium and gold operations, respectively, in the Goldfields region.
