News Articles for Silver Lake Resources

While there are more women on the boards of Australia's 200 largest listed companies than there were at this time last year, there remains substantial room for improvement.

Bellevue Gold boss Steve Parsons has played down speculation his company's namesake gold project is in the crosshairs of some of WA's most prominent gold miners.

The high gold price and strength of the market has made it easier for junior goldminers to raise capital and launch IPOs.

Our board moves wrap includes Christine O'Reilly, Simon Storm, Wyatt Buck, Ashley Pattison, John Hutton, Rodney Johns, Matthew Syme, Levi Mochkin, Robert Behets, Mark Pearce, David Cruse, Joseph van den Elsen, Emma Poposka, Liz Hough, Tony Leibowitz, Neil Biddle, Gregory Bittar, and Michael Bowen.

Black Cat Syndicate has launched a $10 million share placement, with three other Western Australian-based explorers also seeking funds to progress their gold and copper projects.

GR Engineering Services has received a letter of intent from Silver Lake Resources to complete $23 million in upgrade works at the Deflector gold-copper operation in Western Australia.

Subiaco-based Black Cat Syndicate is set to acquire two gold projects from Silver Lake Resources in a deal worth around $5.2 million.

The environmental watchdog has recommended approval for the development of an $85 million gold-copper project in Ravensthorpe, wholly owned by ACH Global's mining business.

The big iron ore miners are thinking about what's next in the pipeline after projects such as South Flank and Koodaideri.

Mining contractor Macmahon Holdings has maintained its full-year earnings guidance but will delay previously planned capital expenditure in an effort to preserve cash.

SPECIAL REPORT: Capital for the junior mining sector is drying up amid growing concern the traditional business model for small explorers is broken.

NRW Holdings, which had been one of just six ASX 200 companies without a female director, has appointed Fiona Murdoch to its board.

Macmahon Holdings has received a letter of intent from Silver Lake Resources for further work at the Mount Monger gold operations, including development of the new Santa mine.

ASX200 boards now feature 30 per cent women for the first time ever, according to the Australian Institute of Company Directors, leaving just seven companies in that index without female representation on their board.

Our daily board moves wrap includes Barry Sullivan, Lindsay Franker, Simon Eley, Hedley Widdup, David Quinlivan, Luke Tonkin, Derek La Ferla, Peter Harold, David Riekie, MaoFeng Ding, Les Davis, Brad Drabsch, Toby Wellman, David Morgan, and Robert Cooper.

Silver Lake Resources has substantially improved the terms of its scrip takeover bid for EganStreet Resources, which disclosed today it had been approached by Adaman Resources with a competing cash offer.

Silver Lake Resources was the best performer on the ASX 200 today, after it released strong September quarterly results and told investors it anticipates more good news for the financial year ahead.

SPECIAL REPORT: The September quarter update to the BNiQ deals database shows that UBS, Sternship Advisors and Azure Capital have been the most active corporate advisers in the Western Australian market.

The state's gold miners are positioning themselves to take advantage of the commodity's surging value.

Gold Road Resources and Silver Lake Resources will join the S&P/ASX 200 index, while Seven West Media was among the losers in the indices reshuffle, as the quarterly rebalance of the S&P/ASX indices was announced today.

Silver Lake Resources is set to acquire EganStreet Resources in a scrip deal worth $52 million, as the gold miner seeks to bolster its Deflector operations with a new ore source.

This weekly board moves wrap includes Vince Ippolito, Stewart Washer, Matthew Madden, Jason Stirbinskis, Rob McDonald, Evan Cranston, Tolga Kumova, Dror Nagel, Leigh Junk, Maggie Niewidok, Justin Mouchacca, Laurie Marsland, Michael Hardy, Matthew Carr, Cameron Henry, Robert Sckalor, and David McArthur.

NTM Gold is set to raise up to $3.9 million, while Encounter Resources has raised $1.4 million, as the two juniors seek to advance their exploration projects.

Over 99 per cent of Doray Minerals' shareholders have voted in favour of the company's proposed $615 million merger with fellow locally-based gold miner Silver Lake Resources.

Automotive Holdings Group has slipped out of the benchmark S&P/ASX 200 index, while six Western Australian companies have moved into the S&P/ASX 300 index.

Silver Lake Resources has been fined $58,000 in Perth Magistrates Court following an incident in 2014 that seriously injured a worker at its Murchison gold operation, located 25 kilometres south-east of Cue.

SPECIAL REPORT: Global players are converging on WA as resources assets become increasingly attractive in the international arena.

Gold and copper producer Doray Minerals has announced the sale of its Andy Well and Gnaweeda gold projects to Westgold Resources, in a cash and scrip deal worth $15 million.

Local gold producers Silver Lake Resources and Doray Minerals have announced a merger to create a mid-tier company to be led by Silver Lake managing director Luke Tonkin.

Local gold producers Saracen Mineral Holdings and Silver Lake Resources have announced solid growth in profits for the 2018 financial year, while Western Australia-focused St Barbara also registered a positive result.

Gold miner Silver Lake Resources has posted above-guidance sales for the year to June, while Red 5 says it is on track to meet its production forecast for the 2018 calendar year.

The premier has dismissed claims that almost 3,000 jobs would be lost under the state government's planned gold royalty hike, after a report claimed that five existing mines were at risk of closing if the royalty was enacted.

The state government has named the 43 successful applicants that will share in about $5 million for exploration drilling programs, with over half of those being gold projects.

Westgold Resources will no longer acquire Silver Lake Resources' stake in the Cue operation after joint venture partner Musgrave Minerals exercised its pre-emptive right to buy the interest.

Silver Lake Resources has announced the sale of its remaining interests in the Murchison region to Metals X spin-out Westgold Resources in a cash-and-shares deal worth $10 million.

Perth-based Musgrave Minerals has tapped investors for $3 million to fund exploration work at its Cue gold project in the Murchison region.

Fortescue Metals Group has risen into the ranks of the top 50 most valuable companies on the Australian share market thanks to soaring iron ore prices which have nearly quadrupled the miner's half-year profit and stoked investor demand.

SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state's gold sector, and 2017 is looking to be a similarly positive year.

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'.

Perth-based contractor MACA is focusing on securing more work in the gold sector after reporting a slump in full-year profit.