Perth-based uranium explorer and developer Toro Energy has secured a $10 million cash injection from global investor The Sentient Group, with a further $10 million to directly fund Toro’s Wiluna project still to come.
Global private equity group Denham Capital has teamed up with former Karara Mining chief executive Steve Murdoch to establish a venture that will invest in a handful of new and established mining projects.
Prominent company director Ian Middlemas has been appointed chair of Aviva Corporation, after receiving the support of a majority of shareholders at a general meeting earlier this month.
Perth-based Marengo Mining’s proposed Yandera project in Papua New Guinea is facing a delay due to a third-party power provider withdrawing from proposed power supply arrangements.
17 May 2013
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