Azumah Resources has appointed GR Engineering to undertake design and engineering works for the Wa gold project, in northwest Ghana.
Azuma is fast-tracking the Wa project into production by 2014, with capacity ramping up to around 100,000 ounces per year.
Altona Mining says it is on the brink of becoming a mid-tier copper producer, after releasing a study which says its Little Eva copper-gold project near Mount Isa in Queensland will cost $320 million to develop.
Southern Cross Goldfields says it is set to join the ranks of Western Australia’s gold producers, after releasing a study that confirms the viability of its Marda project, north of Southern Cross.
Gold and base metals explorer Bora Bora Resources is set to list on the Australian Securities Exchange, after raising $2.5 million through its initial public offering.
Perth-based gold and base metals explorer Merah Resources listed on the Australian Securities Exchange today.
The company raised $2.82 million through an initial public offering, taking the number of Perth-based ASX listings to 35 this financial year.
Blackham Resources has secured $9.15 million in finance facilities to progress exploration work at its Matilda gold project in the northern Goldfields.
Andrew Forrest has thrown his support behind Apex Minerals' new management team, led by industry stalwart Ed Eshuys, pitching in $17.95 million to increase his stake in the company to just under 20 per cent.
Former Mount Gibson Iron chief executive Luke Tonkin is taking the helm of gold hopeful Reed Resources.
Reed, which is ramping up its Meekatharra gold project to production by the December quarter, announced today that Mr Tonkin would take on the role of managing director.
Newcrest Mining has cut its forecasts for gold and copper production for 2012 after carrying out a major review of its operations.
Newcrest said gold production for the 2012 financial year would be reduced to 2.25-2.35 million ounces from 2.43-2.55 million ounces.
Perth-based gold explorer Breaker Resources has listed on the Australian Securities Exchange, after completing an $8.5 million initial public offering.
Breaker holds a series of gold exploration tenements in the eastern goldfields, covering a total area of 5,541 square kilometres.
Sumatra Copper and Gold stocks have risen after the company released a study showing increased upside at its Tembang gold and silver project in Indonesia, and received a 20-year mining lease approval for the development.
Perth-based gold explorer Breaker Resources is expected to list on the ASX by April 20, after successfully completing an $8.5 million initial public offering.
Cortona Resources has launched a $7 million capital raising to finalise approvals and commence site engineering works for its Dargues Reef Gold project in New South Wales.
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