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Tag: Australasian Gold

Exploration, mining and processing briefs

Written by dev on . Posted in All News, Copper, Exploration, Gold, Processing / Manufacturing.

Updates on Aeris Resources, Macmahon Holdings, Senex Energy and more in this week’s exploration, mining and processing briefs.

Aeris celebrates 'transformational year'

Aeris Resources reports that it has achieved production and AISC (all-in sustaining cost) guidance for the financial year at its Cracow and Tritton operations.

“FY21 was a transformational year for Aeris, that has set us up for the future," Aeris executive chairman Andre Labuschagne said.

"There were many significant milestones during the year, which wouldn’t have been achieved without thesupport of our employees, shareholders and financier. We are looking forward to making FY22. . .

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Gold explorer to hit ASX and advance Qld projects

Written by dev on . Posted in All News, Exploration, Gold.

Australasian Gold is launching an IPO to list on the stock exchange, with assets including two Queensland gold exploration projects.

The company aims to raise $4.5 million through an offer of 22,500,000 shares at an issue price of $0.20, but may accept oversubscriptions totalling up to $1.5 million further.

In a letter to potential investors, chairman Rory McGoldrick said the group planned to launch exploration programs on its flagship May Queen gold project, in the northern Surat Basin, and the Mount Clermont project in Central Queensland's Drummond Basin. . .

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