OZ Minerals is set to gain full control of the West Musgrave nickel-copper asset in Western Australia after announcing a friendly takeover of project partner Cassini Resources.
Listed companies Battery Minerals, Cassini Resources and First Graphene have completed share placements, with the proceeds to help fund their projects in the battery metals sector.
OZ Minerals has progressed its joint venture with local explorer Cassini Resources at the West Musgrave nickel-copper project after positive results in a further scoping study.
Mel Ashton has retired as director and chair of Empired. Current director Richard Bevan will become chair, and Thomas Stianos has been appointed as director.
Maca and GR Engineering Services have become the preferred contractors for work at Cassini Resources' Nebo-Babel nickel project while also committing to the mining company's $8 million capital raising.
Cassini Resources, the five cent explorer that quickly graduated to a 25 cent stock in April after acquiring BHP Billiton's West Musgrave nickel-copper project has taken a share price hit in its stride as it seeks to educate the market on its as yet unrealised potential.
Cassini Resources has raised $10 million via a share placement with the proceeds earmarked for exploration activities its recently acquired West Musgrave nickel project.
BHP Billiton's divestment of its West Musgrave nickel project to Cassini Resources has had a dramatic and valuable impact on the junior miner's share price.
Cassini Resources has resolved a share sale agreement to acquire 75 per cent of Crossbow Resources, the 100 per cent owner of the West Arunta X17 project in the Gibson Desert.
Mike Young-chaired junior explorer Cassini Resources says it is seeking to raise $3 million through an initial public offering, to fund exploration programs at its portfolio of minerals tenements i
