Stuart has 23 years' print and online experience covering business and general news in roles as a reporter, sub-editor and editor.
Gold miner’s shares cop another hit on poorly received update which comes just days after it parted ways with managing director John Welborn.
Allan Kelly-led explorer lists at more than double its 20¢ issue price as junior gold sector enjoys buoyant times.
The WA LNG producer has revealed a 9pc drop in revenue in the September quarter, just a week after it sacked 300 staff.
Stuart McKinnon and Daniel Newell
The greenfields explorer will use the funds for drilling at its Lamil copper-gold project in the Paterson province.
The company’s unlikely revival follows a recapitalisation that enabled it to repay creditors, provide working capital and fund exploration and evaluation activities.
Aspiring kaolin miner signs agreement with grain handler to operate disused grain storage facilities in the Wheatbelt.
But the Chris Ellison-led company says it will explore other mining applications for the advanced light-weight material.
The mining giant has reiterated expectations for first ore from the $US3.1b sustaining project to be achieved by the middle of next year.
Resolute Mining has parted ways with its high-profile managing director John Welborn. The gold miner’s chairman spoke exclusively to The West Australian about the reasons that led to his departure.
Stuart McKinnon, Daniel Newell
The diversified commodities producer still has $US121m of a $US1.43b buyback program to spend after suspending the initiative at the start of the pandemic.
The deal, made near the top of the market, will net the contracting giant up to $1.9b in cash.
But Deloitte Access Economics also warns keeping it shut while other states open theirs could present its own challenges.
© West Australian Newspapers Limited 2020