Wayne Bramwell has been appointed to the newly created role of chief executive at Artemis Resources and will be responsible for bringing its Radio Hill Operations back into production.
Chinese-owned mining company Perilya will take a 20 per cent stake in Myanmar Metals as part of a planned capital raising worth up to $35 million to fund its share of the Bawdwin base metals project.
Takeover target Perilya says it has lodged its "concerns" to market and corporate watchdogs over suitor CBH Resources' response to a $45 million placement to a Chinese company.