Latest Management Changes News

James Bay Minerals reports a maiden JORC Mineral Resource Estimate of approximately 1.7 million ounces gold equivalent at its Independence Gold Project in Nevada, alongside the start of metallurgical testing and a new drilling campaign targeting resource growth.

Aston Minerals Limited (ASO) and Torque Metals Limited (TOR) have agreed to merge via court-approved schemes, combining gold resources across Australia and Canada. The merger, recommended by ASO’s board and supported by an independent expert, awaits shareholder and court approval.

Coolabah Metals Limited is undertaking a $3-4 million capital raise to fund the acquisition of Broken Hill Mines Pty Ltd and its subsidiary, aiming to re-list on the ASX and focus on developing the Rasp and Pinnacles Mines.

360 Capital Mortgage REIT reported a solid half-year profit increase to $1.34 million and launched a strategic capital raising to grow its senior loan investments. Distributions rose notably, reflecting confidence in its expanding loan portfolio amid rising interest rates.

Midway Limited’s shares have been suspended from trading following Federal Court approval of its acquisition by River Capital’s RCM BidCo Pty Ltd, marking a pivotal moment for the timber producer.

Resolute Mining announces the immediate departure of CEO Terry Holohan, appointing Chris Eger as the new CEO and Dave Jackson as CFO, signaling a strategic leadership transition.

Betashares Capital Ltd has announced the final distribution amounts for its suite of funds for the January 2025 period, outlining key dates and eligibility for unitholders.

Breakthrough Mineral Limited reports a mixed quarterly cash flow with significant exploration expenditure offset by strong financing inflows and plans for reduced corporate costs.

HydraLyte USA has completed the divestiture of its non-US assets, wiping out debt and boosting cash reserves to US$3.2 million, while focusing its growth strategy on the US ecommerce market with a 28% quarterly revenue increase.

Ten Sixty Four Limited’s latest quarterly report reveals a notable decline in gold output and cash reserves, alongside steady progress on key projects and a pivotal restructuring agreement.

Corella Resources reports promising rare earth element drilling results at its Tampu Project alongside significant board and management changes, while facing tight cash reserves.

DMC Mining Limited moves closer to ASX re-admission as Guinea reopens its cadastral licensing system, enabling imminent exploration licenses for key projects. The company also strengthens its leadership team and secures additional financing to support upcoming operations.