Archives for Companies - Page 4
Silver Mines has a silver inventory of 144M oz of silver across three projects in New South Wales. In Australia, this is second only to South32’s Cannington Mine, which is an underground silver, lead, zinc mine in Northern Queensland. The company has a strong, well regarded board, headed by Non-Exec.…
MOD Resources set something of a record in 2016: it discovered the T3 deposit early in the year, then went on to define an initial resource and complete a positive scoping study in less than 12 months. T3 is one of two deposits in the Botswana Copper Project: T3 28.4Mt @ 1.24%…
“Avita Medical is a medical device company that provides a unique approach to skin regeneration” Avita closed a capital raising this week to raise approximately $11M at a price of $0.09. The rights issue is partly underwritten by Morgans Financial Ltd (“Morgans”). The company has recently strengthened its management team…
I previously posted on WCN in November last year. This update assumes familiarity with that post. On 1 December 2015 WCN released exceptional results for the Upper Gold Zone at the Aucu gold deposit in the Kyrgyz Republic (pronounced “Kirgiz”, also known as Kyrgyzstan). The best result was 4 metres…
WCN has 1.08 billion shares on issue and is currently trading at $0.008 for a market capitalisation of $8.6 million. It has just completed a capital raising of $2.3 million, by way of Share Purchase Plan and Placement. This resulted in the issue of 387 million shares at a price…
For the past six years Grant Thornton Australia has undertaken a survey of the junior mining sector. This year the survey was based upon 108 responses. The sector comprises about 700 companies so the number of responses is statistically significant. It comes as no surprise that the number one issue…