Overhauled lithium hopeful Global Lithium Resources has put a $439 million price tag on developing its flagship project in the eastern Goldfields, as it spins out its gold assets.
Lithium play Global Lithium Resources has pledged to spin out its Marble Bar gold project into a new entity, following a takeover battle which implicated the precious metal assets.
Our weekly appointments wrap includes Lenda Oshalem, Russell Gibbs, Richard Kilbane, Beau Waters, Kate Wellington, Guy Chalkley, Grant Davey, Richard O'Shannassy and Dianmin Chen.
Global Lithium director Dianmin Chen has rubbished Chinese control concerns he says were raised behind his back to the nation's foreign ownership umpire, speaking after the AGM.
Two directors at the heart of a boardroom tussle for control of Global Lithium, including chair Ron Mitchell, will resign at this afternoon's annual general meeting.
Leadership tensions which have simmered at lithium explorer Global Lithium will come to a head tomorrow, as shareholders vote on whether a major holder should join the board.
An updated 249D notice lobbed at Global Lithium Resources by shareholder Leon Zhu hopes to oust directors Greg Lilleyman and Hayley Lawrance and cap the company's board to three.
Perth company Global Lithium Resources is expected to close its $10 million initial public offering after just four days, signalling keen investor interest in its Pilbara project.
Norton Gold Fields chief executive Dianmin Chen and director Noel White have been made non-executive directors of Bullabulling Gold, following acceptance of the company's takeover offer.
Nedlands-based explorer Bullabulling Gold has signalled it will not accept a takeover bid from Norton Gold Fields which values the company at about $24 million, saying the offer does not reflect the value of its assets.
Norton Gold Fields has cashed in on the state government's new mining rehabilitation fund scheme, securing $21.8 million in environmental bond refunds to date.
China-backed Norton Gold Fields has just about wrapped up its all-scrip takeover of Kalgoorlie Mining Company, declaring its bid is now free from all conditions.
