Bellevue Gold's positive start to the week has continued, after it posted a $2.18 million net profit after tax for the first six months of the 2024 financial year.
Bellevue Gold has announced its monthly production increased by 28 per cent in February - from 10,475 ounces to 13,364oz - on the back of higher grades, coupled with underground stoping ore.
Pilbara-focused Red Hawk Mining will raise $12.5 million in order to advance operations at its flagship Blacksmith iron ore project, 70 kilometres north-west of Tom Price.
Mineral sands producer Sierra Rutile remains hopeful of reaching an agreement with the government of Sierra Leone regarding amendments to the fiscal regime agreement between the parties.
Uranium explorer Deep Yellow, led by John Borshoff, is seeking to raise $250 million via a two-tranche placement and additional share purchase plan, the company told the market yesterday.
Junior miner Horizon Minerals posted a $1.40 million profit during the first half of the 2024 financial year, which was down 19.4 per cent from $1.74 million during the prior corresponding period.
Ramelius Resources has announced it is in exclusive discussions with Toronto Stock Exchange-listed Karora Resources, regarding the possibility of a merger between both companies.
Andrew Forrest-backed Fortescue has acquired a 19.9 per cent stake in Magmatic Resources, in addition to its farm-in, joint venture agreement with the company.
Uranium exploration company Bannerman Energy has recorded a $7 million total comprehensive loss for the first six months of the 2024 financial year, citing significant corporate and administration-based expenses.
Shares in Macro Metals rose by 50 per cent on Wednesday morning to 5 cents per share, following news of the company's recent asset and Board acquisitions.
