Alkane Resources (ASX:ALK) and Mandalay Resources Corporation (TSX:MND) have agreed to a merger, creating a significant player in gold and antimony production. The combined entity boasts a pro-forma cash balance of $188 million (as of March 31, 2025), positioning it for both organic and inorganic growth. Under the terms, Mandalay shareholders will receive 7.875 Alkane […]
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Great Boulder Resources (ASX:GBR) is progressing its Side Well Gold Project in Western Australia with the appointment of Matt Holmes as Environmental Manager. Holmes, bringing over 25 years of experience, will spearhead the permitting and approvals process, prioritizing studies for the Ironbark deposit. Simultaneously, Great Boulder has commenced a Scoping Study for the Ironbark deposit,
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Vertex Minerals (ASX:VTX) has announced the identification of a fully developed two-stope block at its Reward Mine in New South Wales, set to enhance the mine’s production start-up. These stopes, excavated spaces for ore extraction, are suited for airleg mining, complementing existing jumbo production methods. The company, with a market capitalization of $41.11 million, intends
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Tempest Minerals (ASX:TEM) has announced a capital raising initiative targeting $1.869 million. The capital will be deployed to advance development across its Western Australian gold exploration portfolio and the Remorse iron target. The placement involves issuing 100 million shares at $0.004 per share, accompanied by 25 million free-attaching options exercisable at $0.01 and expiring on
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Tambourah Metals (ASX: TMB) is making strides in expanding its Tambourah gold project, located in Western Australia’s Pilbara region. Recent reverse circulation drilling, targeting the Tambourah King lode system, has successfully extended the known high-grade gold mineralization. All 11 holes of the 879-metre program intersected the targeted structure, showing consistently elevated gold levels associated with
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Critica (ASX:CRI) has announced the receipt of a $1.05 million refund from the Australian Tax Office (ATO) under the Research and Development (R&D) Tax Incentive Program. The refund, pertaining to the year ending June 30, 2024, will significantly bolster the company’s cash reserves, enabling continued progress on its Brothers Clay Hosted Rare Earth Project. According
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Alkane Resources (ASX:ALK) and Mandalay Resources Corporation (TSX:MND) have agreed to a merger, creating a significant player in gold and antimony production. The combined entity boasts a pro-forma cash balance of $188 million (as of March 31, 2025), positioning it for both organic and inorganic growth. Under the terms, Mandalay shareholders will receive 7.875 Alkane
Alkane and Mandalay Merge, Creating Gold Giant Read More »
