News Articles for George Sakalidis

Genesis swoops in $639m Magnetic deal

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Genesis Minerals has struck a $639 million cash and scrip deal to acquire Magnetic Resources, adding a 2.2-million-ounce resource to its books 20km from Laverton.

Magnetic taps investors for $35m

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West Perth-based Magnetic Resources has announced plans to raise $35 million in order to further advance its Laverton-based Lady Julie gold project.

Magnetic taps investors for $10m

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Magnetic Resources is hoping recent success at its Lady Julie gold project in Laverton can continue, after announcing plans to raise $10 million.

Board Moves May 1, 2020

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Our board moves wrap includes Grant Mooney, Steven Wood, George Sakalidis, Brent Smoothy, Mark Sawyer, Rudolph van Niekerk, Kevin Hart, Ray Ridge, Michael McAnearney, Richard Beresford, Gregory Vesey, Michael Steuert, Andrew Gould, Chris Quirk, Sally Langer, Stephen Hunt, and Trevor Matthews.

Board Moves September 7, 2017

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Craig Bradshaw has been appointed non-executive director of Genesis Minerals.

Board Moves April 19, 2017

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Magnetic Resources has appointed current executive director, George Sakalidis, as managing director.

Image progresses mineral sands project

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Perth-based explorer Image Resources has entered into an agreement for the purchase of a wet concentration plant, and an offtake deal for product from its Boonanarring mineral sands project near Gingin, with a Chinese zircon company to emerge as a major shareholder.

Board Moves - Jan 26-29 2016

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Yan Lui has resigned from his positions of chief executive officer and Trinidad general manager at Range Resources. Mr Liu will remain on the board of director as a non-executive director.

Changes to Magnetic board

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Magnetic Resources founding director George Sakalisis has resigned as managing director of the company, with current executive director Gavin Fletcher to take up the managing directorship.