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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

Total Shareholder Return as at 31/05/18

1 year TSR5 year TSR
223rdRegis Resources51%7%
274thIndependence Group36%10%
415thResolute Mining9%10%
575thWestgold Resources-13%0%
723 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

01/02/18
$348k Bought
07/12/17
$69k Bought
28/11/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

8th↓Resolute Mining$560.8m
9th↓Regis Resources$547.2m
12th↑Westgold Resources$438.5m
13th↓Independence Group$424.1m
508 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Resolute Mining

34thJohn Welborn$892k
925thBill Price$104k
977thMartin Botha$90k
Ranked by total remuneration from all listed WA companies

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