Evolution Energy has appointed Grant Dyker as its new chief financial officer, as the West Perth-based junior seeks to add further value to its Chilalo graphite project in Tanzania.
Our board moves wrap includes Alison Terry, David Boshoff, Kerryl Bradsaw, James Champion de Crespigny, James Smith, Bob Adam, Simon Wandke, Phil Hoskins, Michael Davis, Robert Rigo, and Peter Brecht.
West Perth-based junior Evolution Energy Minerals has raised $13 million to fund engineering design work and an updated definitive feasibility study for its graphite project in Tanzania.
West Perth-based Marvel Gold is proposing to demerge a Tanzanian graphite project into a new listed entity that will target $13 million under an IPO, expected to launch next month.
Perth-based Marvel Gold has received commitments to raise $5.7 million from a share placement, with the proceeds to go towards its gold projects in Mali.
Graphite explorer Graphex Mining has raised $2.5 million to fund an updated feasibility study and complete finance and offtake arrangements at its Chilalo project in Tanzania.
Graphex Mining has tapped investors for $2.6 million as it moves ahead with development of its Chilalo graphite project in Tanzania, amid legislative changes to how the country's government receives mining royalties.
Shares in Tanzania-focused Graphex Mining rebounded after the company announced it had struck a revised agreement with its Chinese partner over the Chilalo graphite project.
Shares in Tanzania-focused mining and exploration companies were hit again today after they revealed the full slate of planned legislative changes in the African nation, which include the Tanzanian government giving itself the right to get a 16 per cent stake in mining companies for no cost.
IMX Resources chief executive Phil Hoskins has been replaced by former Focus Minerals boss Campbell Baird, while the company plans to restructure and rebrand itself under a new name.
Perth-based explorer IMX Resources has announced a restructuring of its Tanzanian assets, involving plans to spin-off its graphite portfolio into a new ASX-listed entity, while retaining its base and precious metals portfolio.
Salaries for newly-appointed chief executives at WA-listed companies were down by 20 per cent from the levels prevailing last year, research by Business News has found. Click through to see salary packages for 77 WA chief executives.
Mineral developer IMX Resources will sell part of its Ntaka Hill nickel mine to Mauritius-based private equity company Fig Tree Resources Fund II, with plans to use the cash to fund its nearby graphite project.
Shares in explorer IMX Resources have rocketed up 30 per cent after the company announced it had received expressions of interest for its Ntaka Hill nickel project in south-east Tanzania.
