Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Alkane Resources
Alkane Resources at Diggers & Dealers Mining Forum 2026: growth, cash
On Tuesday, 04 August 2026, Alkane Resources (ALK) used the Diggers & Dealers Mining Forum 2026 to outline a business that has moved from integration to growth. Management pointed to stronger production, a much larger cash balance and a debt-free position, while also warning that its biggest expansion project still faces a long permitting and construction path.
Dacian Gold to raise $98m
facebook twitter linkedin print Dacian Gold has announced details of a partially underwritten capital raising priced at just 30 cents per share as it seeks to strengthen its balance sheet and rebuild its mining operations. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month. Login (existing subscribers) Username/Email * Password * The password field is case sensitive. Request new password Problems, questions, feedback?
Red 5 to raise $125m
Share Price Closing price for the last 90 trading days Powered by Morningstar ® Total Shareholder Return as at 28/02/20 1 year TSR5 year TSR 14th Alkane Resources 281% 15% 41st Red 5 152% 22% 199th Rand Mining 23% 24% 773rd Blackham Resources -67% -37% 671 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue Powered by Morningstar ® Share Transactions Total value as at the date of the transaction Powered by Morningstar ® Revenue 24th...
Troy gold operations back on track in South America
ASX-listed Troy Resources is back on track at its Karouni gold mining operation in Guyana, South America, with mining now in full swing again after a death on-site last year closed the operation down. The company is also experiencing considerable and sustained success with the drill bit and expects ore processing to re-commence in late January as ore stocks are built up. Gold sales will commence soon after in February.
MRC in $9.8m graphite deal
Mineral Commodities will move from 51 per cent to 90 per cent ownership of the Munglinup project. facebook twitter linkedin print Mineral Commodities will move to 90 per cent ownership of the Munglinup graphite project in Western Australia after striking a deal worth $9.8 million with joint venture partner Gold Terrace. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Troy restarts gold mine with $15m funding package
Troy Resources has re-stocked its financial armoury with a placement raising $4 million and an $11 million loan facility supporting the restart of operations at its Karouni gold mine in South America that went onto care and maintenance in October after a fatality on site. The Malaysian-based institutional investment fund, Asian Management Investment Services has backed the Perth based miner to restart its mining operations with a loan facility.
Smashing gold result of 17m at nearly 5oz to the tonne for Troy
Troy Resources has hit the ball out of the park with an amazing 17m drill intersection going nearly 5 ounces to the tonne gold in South America. Importantly, the smashingly good intersection was encountered just 37m down hole at the company’s Hicks 1 extension within the Karouni Gold project. As a final curtsy to the crowd, it also included a 4m section grading an eye-watering 623.17g/t gold.
Alkane to raise $55m
Proceeds from the placement will go towards exploration and development programs in NSW. facebook twitter linkedin print Alkane Resources has received commitments to raise $20 million through a share placement, and up to $34.8 million through a 1-for-8 rights issue, to accelerate exploration and development programs in the Tomingley gold corridor in New South Wales. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Shallow gold discovery boosts reserve ounces for Troy
Perth-based South American gold miner, Troy Resources’ decision to closely focus on its exploration assets appears to be paying off with the recent discovery of a new style of mineralisation along strike from the Hicks 1 pit at its Karouni gold project in Guyana. The new Hicks NW prospect has contributed around 19,000 additional reserve ounces and ongoing exploration continues to identify lucrative looking, broad, shallow zones, some with a sprinkling of visible gold in the drill samples.
Troy adds Ohio Creek to gold resources in S. America
Troy Resources continues to strengthen the foundations of its Karouni gold project in Guyana by bringing another deposit online during the first half of 2019, while adding a new inferred mineral resource at Ohio Creek into its inventory. The WA-based company has also outperformed its September gold production target by 1,395 ounces, churning out 4,395 ounces for the month to finish the quarter with 10,042 ounces.
Troy retires debt, secures future in South America
Durable ASX-listed gold miner, Troy Resources, is now debt-free and ready to rechannel future free cashflows from its South American Karouni project in Guyana back into expanding the operation and growing its in-ground mineral resources in the country.
Troy revises gold production outlook in S. America
facebook twitter linkedin print ASX-listed gold miner, Troy Resources, has provided a revised production outlook following an unprecedented wet season across its Karouni operations in Guyana, South America. The company advised in April that gold production was forecast between 26,000 to 28,000 ounces for the six months to December 2019.
Doray shareholders overwhelmingly support merger
To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Alkane invests $3.7m in Calidus
Burswood-based Alkane Resources has invested $3.7 million in gold explorer Calidus Resources, with the proceeds to fund completion of a pre-feasiblity study at the Warrawoona project in the Pilbara. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Doray in $10m Andy Well sale
Gold miner Doray Minerals has announced the sale of its mothballed Andy Well project near Meekatharra to Canadian company Galane Gold in a deal worth $10 million. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Fire stops work at WA gold mine
Operations at Doray Minerals’ Deflector gold-copper mine in the Murchison region have been halted after a fire broke out at the site early this morning. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Gold miners post strong output forecasts
Gold producer Doray Minerals has announced an increased production guidance for the 2019 financial year, while Northern Star Resources has hit its gold production rate target for 2018.
Christmas Island mining program rejected
The federal government has rejected a mining exploration program by Perth-based CI Resources on Christmas Island that would have extended the company’s existing phosphate operations by up to 10 years. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Finders takeover offer unconditional
Finders Resources’ major shareholder Eastern Field Development has changed its hostile takeover bid of the copper miner to unconditional, with the Indonesian consortium continuing to raise concerns about the company’s Wetar project. To read more, please Login or Register below
Perth investors reject Finders takeover
Finders Resources has received the backing of some high profile Perth investors in its bid to reject a takeover offer, with Euroz’s Tim Lyons, billionaire Ralph Sarich and Brettney Fogarty among a list of shareholders that have indicated they will not accept the 23-cents-a-share bid. The copper miner rejected the offer from Indonesian group Eastern Field Developments last week after independent expert Deloitte valued the company’s shares between 31 and 35 cents.
Finders major shareholder to reject offer
Finders Resources’ largest shareholder, outside of Eastern Field Developments which is proposing a 23-cents-a-share bid for the company, will not accept the current offer and the copper miner said the bidding consortium has less than one per cent acceptance so far. Earlier this week Finders urged its shareholders to reject a takeover bid from the Indonesian group after independent expert Deloitte valued the copper miner between 31 and 35 cents.
Finders shares flat on Deloitte valuation
Finders Resources has urged its shareholders to reject a takeover bid from Indonesian group Eastern Field Developments after independent expert Deloitte valued the company well above the 23 cents offer price, however Finders’ share price has continued to hover near that mark today following the announcement.
Another megatrend accelerating demand for rare earths: aging population | MINING.com
Megatrends are massive social, environmental and technological changes that present both challenges and opportunities. For example, electric vehicles are a megatrend in transportation. Currently, many global megatrends are in motion that will dramatically reshape the way we live over the coming decades, including: urbanization, automation, clean energy, the Internet of things, and aging population.
Finders disputes takeover claims
The independent directors of Finders Resources have questioned some of the claims and assumptions used by Indonesian group Eastern Field Developments, which has announced a takeover offer for the West Perth company. The independent directors have reiterated their advice that shareholders should take no action for now, but their preliminary view was critical of the bidder.
Finders shareholders to make $177m takeover play
An Indonesian consortium has announced its intention to make an off-market takeover bid for copper miner Finders Resources, with the all-cash deal valuing the target at about $177 million. Shareholders in Perth-based Finders, which owns majority stakes in the Wetar copper operation and the Ojolali gold-silver project (both of which are in Indonesia) would receive 23 cents in cash for every share they own in the business under the offer proposed by Eastern Field Developments.
Metals X keeps FY production target
Metals X says the recent closure and subsequent re-opening of its Nifty copper mine will dent production for the quarter, but it has maintained its full-year target. The Perth-based miner put operations at Nifty on hold for nine days in August to undertake remedial repairs to an escape way, following a routine inspection.
Metals X keeps full-year production target
Metals X says the recent closure and subsequent reopening of its Nifty copper mine will dent production for the quarter, but it has maintained its full-year target. The Perth-based miner put operations at Nifty on hold for nine days in August to undertake remedial repairs to an escape way, following a routine inspection.
New gold IPO as explorers relist
A new gold exploration company led by former Doray Minerals boss Allan Kelly and backed by Evolution Mining has announced plans to list on the ASX, whilst two other junior miners have joined the bourse after completing backdoor listings. Riversgold lodged its prospectus today, with plans to raise a minimum of $5 million and up to $8 million through an initial public offering, which will be priced at 20 cents a share. The company is led by Mr Kelly and former Sirius Resources director Jeff Foster.
New gold IPO as explorers re-list
A new gold exploration company led by former Doray Minerals boss Allan Kelly and backed by Evolution Mining has announced plans to list on the ASX, whilst two other junior miners have joined the bourse after completing backdoor listings. Riversgold lodged its prospectus today, with plans to raise a minimum of $5 million and up to $8 million through an initial public offering, which will be priced at 20 cents a share. The company is led by Mr Kelly and former Sirius Resources director Jeff Foster.
Doray to mothball Andy Well
Shares in Doray Minerals have been hammered on news the company will suspend operations at its Andy Well gold mine later this year. Perth-based Doray said this morning that as it was assessing options to combine Andy Well with its nearby Gnaweeda project, underground mining at Andy Well revealed a reduction in strike length of the Wilber and Judy ore bodies, leaving the company with reduced future gold production and high forecast costs.
Tribune, Rand to pay out $16m
Closely-linked mining companies Tribune Resources and Rand Mining will empty their cash reserves to pay out inaugural dividends to their shareholders, with their shared managing director alone to reap $3.12 million. Tribune and Rand share the same board of directors, as well as the same major shareholders and even their South Perth headquarters. In fact, they are the largest substantial shareholders in each other, with Rand owning 26.3 per cent of Tribune and Tribune owning 44.1 per cent in Rand.
More changes at Doray
Another senior position at Doray Minerals is being passed on, with chief operating officer Peter Bamford announcing his retirement after five years with the Perth-based gold miner. Mr Bamford will be succeeded by business development manager Rod Jacobs from next week. The appointment follows the retirement of founding Doray managing director Allan Kelly late last year, who was replaced by Leigh Junk, and then Peter Lester, who left in January to focus on his other business interests.
Another Doray senior goes
Another senior position at Doray Minerals is being passed over, with chief operating officer Peter Bamford announcing his retirement after five years with the Perth-based gold miner. Mr Bamford will be succeeded by business development manager Rod Jacobs from next week. The appointment follows the retirement of founding Doray managing director Allan Kelly late last year, who was replaced by Leigh Junk, and then Peter Lester who left in January to focus on his other business interests.
BC Iron in $10m JV with Kalium
BC Iron is branching out of its iron ore focus by spending up to $10.5 million as part of a joint venture with freshly listed sulphate of potash explorer Kalium Lakes. BCI can earn up to a 50 per cent interest in Kalium’s Carnegie sulphate of potash project by spending up to $10.5 million on exploration up to the completion of a feasibility study.
Doray flags $45m impairment
Gold miner Doray Minerals says it expects to report a $40 million-$45 million impairment charge against its Andy Well and Deflector gold mines, with the former operation also expected to deliver an operational loss for the financial year. Perth-based Doray said today it expects to report an impairment of up to $22.5 million at Andy Well for the six months to December, on the back of reduced production levels and mine life.
Doray picks Matthys as chairman
John XXIII College council chair Julius Matthys has been appointed chairman of gold miner Doray Minerals, replacing Peter Lester who retired last month to focus on his other business interests. Mr Matthys also serves on the board of sandalwood producer TFS Corporation as a non-executive director and is a board member of Celebrate WA, and has previously held executive roles at BHP Billiton.
Doray names Kelly's successor
Doray Minerals has found a permanent replacement for its recently departed managing director Allan Kelly, appointing Leigh Junk to the role with a larger base salary than his predecessor. Mr Junk, who has been serving as interim managing director since November when Mr Kelly retired, has sat on the Perth-based gold miner’s board as a non-executive director since 2011.
Doray chairman resigns
Doray Minerals chairman Peter Lester has told the company he will retire on Monday to focus on his other business interests, less than two months after founding managing director Allan Kelly resigned. Mr Lester served as non-executive chairman of Doray for two-and-a-half years, joining the company when the gold miner acquired Mutiny Gold. He had served in the same role at Mutiny.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Alkane
Contact Alkane, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack