News Articles for Primary Gold

After selling its Southern Cross gold operation last year, Chinese-owned Hanking Gold Mining has made a takeover proposal for Primary Gold worth $37.5 million.

The chief executive of medical cannabis company AusCann Group Holdings has received a boost to her salary package, which will net her about $360,000 in cash for FY17.

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

SPECIAL REPORT: Western Australian stockbrokers and companies raised nearly $1.1 billion in 104 transactions in the March quarter, with gold deals being a major driver of activity, according to new data compiled for the BNiQ Search Engine.

Alex Forcke has resigned as non-executive director of Entek Energy.

Perth-based Primary Gold has tapped investors for $8.5 million to fund ongoing work at its Coolgardie and Mount Bundy projects in the Goldfields.

Primary Gold has promoted Garry Mills to the role of managing director, nearly a year after his predecessor resigned, with the company also foreshadowing a board-shake up in the coming months.

Belmont-based GR Engineering Services has been contracted to undertake a scoping study at Primary Gold's Mount Bundy project in the Northern Territory.

SPECIAL REPORT: Some of Western Australia's biggest gold miners plan to boost their exploration spend in the coming year, with Saracen Mineral Holdings and Northern Star Resources among those committed to putting increasing amounts ‘into the ground'.

Two Western Australian gold hopefuls, Intermin Resources and Primary Gold, have announced earn-in and drilling-for-equity deals, respectively, to progress potential gold projects.

Local explorer Primary Gold has purchased a gold mine from Adelaide-based MacPhersons for $10 million in cash and shares.

Auroch Minerals announced that Dr. Andrew Tunks has committed to a full-time role as Auroch CEO.

Perth-based junior miners MOD Resources, Primary Gold and Alloy Resources have announced plans to raise a combined $10.4 million to fund ongoing work at their respective projects

Michael van Uffelen has been appointed as a non-executive director of Dragon Energy.

Shares in local explorer Primary Gold closed nearly 40 per cent higher on news it had recruited three new board members, who also happen to be shareholders in the company.

Jonathan Murray has been appointed as a non-executive director of Vietnam Industrial Investments.

Perth-based explorers Pura Vida Energy and Primary Gold have announced their intention to raise capital to fund their respective projects.

Hanking Gold Mining managing director Mark Qiu has joined Primary Gold as a non-executive director, following the resignation of Michael Hendriks.

Perth-based gold explorer Primary Gold will raise up to $2.4 million for its Toms Gully mine at the Mt Bundy gold project in the Northern Territory with its appointed lead manager Patersons Securities to underwrite up to $1 million to the rights issue.

Shares in Perth-based Hydrotech International Ltd have jumped 40 per cent on the stock landing its first commercial contract in the United Kingdom outside of the rail industry.

East Perth-based company Hydrotech International Ltd will work with China International Engineering Consulting Corporation to promote its Multi Pulse sequencing system in China, the company has announced.