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Peter Cook praised the new agreement.

Resolute, Westgold invest $26m in junior explorers

Two local gold miners have announced equity investments in junior explorers today, with Resolute Mining investing $22.5 million in Canadian company Orca Gold while Westgold Resources has taken a 15 per cent stake in Musgrave Minerals.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/05/19

1 year TSR5 year TSR
89thSaracen Mineral Holdings48%56%
255thWestgold Resources3%
256thPerseus Mining2%9%
338thResolute Mining-8%14%
657thGalaxy Resources-55%37%
728 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/05/19
$0 Issued
31/01/19
$29k Bought
30/01/19
$571k Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

12th↑Galaxy Resources$540.6m
13th↑Saracen Mineral Holdings$521.8m
14th↓Resolute Mining$223.0m
15th↑Perseus Mining$383.8m
16th↓Westgold Resources$376.6m
484 listed resources companies ranked by revenue.
Source: Morningstar

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