News Articles for Noble Mineral Resources

Ramelius Resources appoints COO

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Duncan Coutts has been appointed as the chief operating officer of Ramelius Resources. Mr Coutts is a mining engineer with experience in both open pit and underground mining in Western Australia.

Resolute down as gold revenue slides

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Perth gold company Resolute Mining says the combination of lower gold prices and higher costs were behind a 60 per cent drop in full-year profit, to $33 million..

Gold raisings weigh on investors

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FEATURE: An investment in each of the 10 largest capital raisings by companies in Western Australia during 2013 would be 14 per cent underwater at current prices, according to research conducted by Business News.

Resolute rises on expanded resource

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Perth gold company Resolute Mining has announced a new 1.28 million ounce gold resource for its Buck Reef West deposit near the Ravenswood processing facility in Queensland.

Resolute to take over Bibiani

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Perth gold company Resolute Mining is set to become the owner of the Bibiani gold project in Ghana from Noble Mineral Resources.

Pay renegotiation pressure point

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FEATURE: Salaries have come under huge pressure during the past year as widespread cost cutting takes its toll on executives' take-home pay.

Resolute to restructure Noble

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Parent company Resolute Mining intends to officially purchase Noble Mineral Resources' Bibiani project and sell off its remaining assets with a proposed deed of company arrangement.

Noble slips into administration following Rothschild stoush

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Noble Mineral Resources has been placed into voluntary administration a day after announcing it was looking to restructure its Ghanaian subsidiaries' debt to secure additional funding, after it fai

No pay rises for Resolute management

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Resolute Mining has frozen the pay of its senior management and taken a $70 million hit as weakness in international gold markets continues to hurt miners of the precious metal.

Noble halts Bibiani operations

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West African gold miner Noble Mineral Resources has halted surface mining operations at its Bibiani project in Ghana, as it evaluates funding options for an underground development.

OTOC chief bucks tight pay trend

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In the second of this year's quarterly series on executive remuneration, we find one conspicuous exception to the tighter salary packages on offer.

Craig Dawson to lead Noble Mineral Resources

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Gold miner Noble Mineral Resources has appointed former Sandfire Resources general manager Craig Dawson as its new chief executive.

Miners throw debt funding into the mix

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SOUTH Africa's RMB Resources is not a new player in the Australian market, but it's the kind of financier that is likely to become more prominent as local companies seek alternative funding solutio

MinRes moves into top 100 companies

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Fresh from announcing plans to develop the Iron Valley mine in the Pilbara, Mineral Resources has become the eleventh Western Australian company in the S&P/ASX 100 Index.

Resolute the victor in Noble battle

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Noble Mineral Resources has been forced to accept an $85 million financing offer from Resolute Mining after its preferred proposal from Chinese group Zhongrun Mining Investment fell short of gainin

Resolute has another crack at Noble offer

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Resolute Mining has sweetened its $85 million financing proposal for Noble Mineral Resources for a second time, after Noble said it continued to prefer to enter a similar funding deal with Chinese

Resolute sweetens Noble finance offer

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Resolute Mining has sweetened its $85 million financing offer to Noble Mineral Resources, adding on an unsecured $US15 million debt facility to cater for Noble's short-term requirements.

Noble staunch on Zhongrun offer

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Noble Minerals Resources has labelled an unsolicited offer from Resolute Mining as inferior, uncertain and unequitable and held firm on its preference for Chinese investment.

Resolute trumps Zhongrun's Noble offer

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Gold miner Resolute Mining has acquired a 20 per cent stake in Noble Mineral Resources, while at the same time making an $85 million financing proposal designed to trump a similar offer from China'

Welcome mat out for ‘commercial beasts’

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CHINESE investment in Australia may have slowed as uncertainty continues about the value of commodities, but it has not stopped.

Lenders’ caution hurting business

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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.

Noble shares surge on Zhongrun investment

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Shares in South Perth-based Noble Mineral Resources have surged more than 37 per cent on news Chinese group Zhongrun is to invest $87.7 million and take a 42 per cent stake in the company.

WA companies lose value in May: Deloitte

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The value of Western Australian listed companies dipped by $18.7 billion over the month of May, mirroring the downward pressures on global financial markets, new research says.

Noble completes $10m placement

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Noble Mineral Resources has completed a $10 million share placement to fund the final commissioning of the processing plant at its Bibiani gold project in Ghana.

Noble raises $34m for Ghana gold

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Noble Mineral Resources has successfully raised $34.1 million needed to refurbish its three-million tonne per year plant at the Bibiani gold project in Ghana.

Territory's debt facilities extended

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Territory Resources has reached an agreement with Noble Resources Limited for a 12-month extension to the loan facilities provided by Noble to the Company.

Noble float seeks $2m

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Mineral exploration company Noble Mineral Resources Ltd plans to raise at least $2 million to fund existing projects and raise working capital through an initial public offering.