Shares in Brightstar Resources tumbled more than 20 per cent after the gold miner announced plans to raise $180 million at a discounted price to fund development of its Goldfields project.
Junior gold miner Brightstar Resources has laid plans to bring its Laverton and Menzies camps into production and merge with fellow resources pundit Aurumin.
Gold focused-junior Brightstar Resources has announced the beginning of ore haulage from its Laverton project, with its first gold pour penciled in for March.
Subiaco-based junior Brightstar Resources has announced plans to raise $30 million in order to accelerate mining and production at its Laverton-based hub.
Subiaco-based Brightstar Resources is preparing to further consolidate its presence in the Goldfields, following the finalisation of its Montague East gold project acquisition.
Gold explorer Brightstar Resources is budgeting $22 million to deliver its proposed “low-capital pathway” to restart its Menzies and Laverton projects in the Goldfields.