News Articles for Paul Poli

UPDATED: ASX-listed Matsa Resources said mining and processing of gold from its Devon Pit mine are proceeding as planned after speculation it would be affected by fuel shortages.

Matsa Resources has added $3 million to its bank balance as it works to fast-track a mine restart in the WA Goldfields.

Perth-based Matsa Resources has announced a maiden ore reserve estimate for the Devon Pit gold mine as its Lake Carey project.

Bulletin Resources is raising $3.63 million from a rights issue and placements to fund continued exploration at its flagship Lake Rebecca gold project.

IGO has struck another farm-in deal in the Fraser Range, agreeing to fund exploration at Matsa Resources' Symons Hill nickel project, with the potential to secure a 70 per cent stake over the next three years.

Northbridge-based Matsa Resources has signed an agreement to acquire Saracen Mineral Holdings' Red October gold mine near Laverton for about $2 million in cash and shares.

Perth-based Bulletin Resources has sold its remaining 20 per cent stake in the Halls Creek gold project to Pantoro in an all-scrip deal worth $13.7 million.

Matsa Resources has raised $2.5 million to continue exploration works on a number of the company's projects in the Fraser Range near Norseman.