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Dacian Gold

Dacian to raise $25m for gold project

Local explorer Dacian Gold has kicked off a $25 million capital raising to fund ongoing work at its Mt Morgans project near Laverton, where it hopes to start construction in 2017.

Dacian's gold project to cost $157m

Dacian Gold's share price hit a three-year high today after the explorer said the scoping study for its Mt Morgans mine project showed it would be "an outstanding WA gold project at every level".

Management reshuffle at Dacian Gold

Dacian Gold non-executive chairman Rohan Williams has moved into an executive role, following the resignation of managing director Paul Payne.

Bauxite shares gain on ex-Sundance appointment

Shares in Bauxite Resources jumped on the ASX today after the Perth-based miner announced the appointment of former Sundance Resources executive Peter Canterbury as chief executive.

Explorers brave harsh conditions to complete IPOs

Perth-based explorers Windward Resources and Auroch Resources have dipped their toes into a tough IPO market, raising a combined $5 million through initial public offerings that closed today.

Burst of activity for sluggish IPO market

Signs of life are starting to emerge in the sputtering initial public offerings market, with three Western Australian explorers advancing plans to list on the Australian Securities Exchange this week