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.
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'
WHEN Silver Lake Resources managing director Les Davis and Integra Mining chief Chris Cairns used the first day of the recent Diggers & Dealers Forum in Kalgoorlie to unveil the $1 billion merg
Resolute Mining says ongoing improvements in performance at its Syama gold mine in Mali will push its total gold production up by 4 per cent over the 2012-13 financial year, despite an increase in
Perth-based gold miner Resolute Mining says it will go ahead with a $241 million expansion of its Syama gold mine in Mali, after its board of directors approved the development.
Gold miner Resolute Mining will spend $US241 million to expand production at its Syama gold mine in West Africa, according to a feasibility report released today.
Resolute Mining says it has entered a $US20 million agreement to buy out its joint venture partner Endeavour Mining from the Finkolo gold exploration project in Mali.
West Perth-based gold miner Resolute Mining will tap the market for fresh equity again, nearly three weeks after it announced a convertible note issue to raise up to $35 million.
Gold hopeful Resolute Mining has raised $25 million through a share placement, with funds to be used for the commissioning of the Syama gold mine in Mali.
Perth-based Resolute Mining could pocket nearly $12 million after it agreed to sell the royalty it receives from production at Dominion Mining's Challenger gold mine.
Gold miner Resolute Mining has raised a further $6 million through the placement of shares not taken up in the previous rights issue, as total gold production fell 10 per cent in the December quarter.
Despite a positive start following a near three-month trading hiatus, shares in Resolute Mining have closed down over 11 per cent following a $55 million capital raising, some $18 million short of its target.
Gold miner Resolute has announced that it will not proceed with a renouncable rights issue, two weeks after telling the market it was planning to restructure and re-price the issue.
Gold miner Resolute Limited has announced that cash costs at its Golden Pride mine in Tanzania will increase by US$10-15 per ounce after it agreed to modify tax concessions and spend more on community development programs.
The Valhalla Uranium Ltd takeover saga continues as majority shareholder Resolute Mining Ltd entered into a $75 million deed of indemnity with Valhalla's suitor, Paladin Resources Ltd.
Perth-based Resolute Mining Ltd has announced a consolidated net profit before tax and unrealised treasury losses of $11.5 million for the year ended 30 June 2006, down 6.5 per cent from the $12.3 million posted in the previous period.
Resolute Mining Ltd subsidiary Resolute Ltd and Valhalla Uranium subsidiary Mt Isa Uranium Pty Ltd have paid over $250,000 to Summit Resources Ltd for a contract restructure, ahead of Supreme Court action between the three.
Resolute Mining Ltd has given the green light for a $77 million expansion of its Ravenswood project in Queensland, as it seeks to capture some of the 25-year-high gold price.
Resolute Mining has lodged a prospectus seeking $8 million for the spin off of its uranium assets through a new corporate vehicle Valhalla Uranium Ltd.
Resolute Mining Ltd 23-Sep-05 Is to float off its uranium assets via newly incorporated Valhalla Uranium which will raise approximately $7 million through an initial public offering.
Resolute Mining Ltd 30-Aug-05 Bond Street Custodians Ltd & Western Pacific Special Situations Fund increased its substantial shareholding from 12,387,328 ordinary shares (5.4%) to 15,22,541 ordinary s
BULLION Minerals has acquired three new gold and nickel projects and existing gold resources from Resolute Limited, a wholly owned subsidiary of Resolute Mining Limited.
