Gold explorers Great Southern Mining and Fraser Range Metals have launched new capital raisings today, with the proceeds to fund exploration programs in Western Australia and NSW.
Balcatta-based Conquest Mining says it is currently in negotiations for an $80 million debt facility as it receives an offtake proposal from a Chinese smelter for its Silver Hill gold-silver-copper project.
Balcatta-based Conquest Mining has activated the dispute resolution process in a bid to clarify its joint venture partner, Gold Fields, commitment to exploration of Mt Carlton gold-cilver-copper project and other regional tenements in Queensland.
Conquest Mining Ltd managing director John Terpu has commenced legal proceedings against the ANZ Bank for the return of 15.2 million Conquest shares caught up in the collapse of margin lender Opes Prime.
