This Month
Twice broke to $2.4b buyout: a deal to keep Aussies backing mining juniors
Who said bitcoin investors make all the money? Drilling in a different direction and a surging gold price kept Spartan Resources’ dream alive.
Ramelius, Spartan nut out $4b low-premium merger; advisers bunker down
Spartan Resources, formerly known as Gascoyne Resources, has risen 175 per cent over the past 12 months.
December 2024
Spartan Resources in $220m raise; Canaccord, Sternship, Euroz on ticket
Gold-hopeful Spartan Resources has kicked off a $220 million institutional placement.
June 2024
Mystery buyer raids Spartan Resources’ register; Citi on trade
Fund managers were told to bid in 1¢ increments from an 82¢ floor to a maximum of 89¢ per Spartan share.
April 2024
Spartan Resources in $80m raise, selldown
Sources said three brokers, Canaccord Genuity, Euroz Hartleys and Sternship Advisers, have underwritten the raise.
February 2023
Gascoyne readies $30m recap
Another week, another equity recap. This time it’s at ASX-listed gold group Gascoyne Resources.
December 2022
Listed gold miners turn up in Gascoyne Resources’ data room
Bombed out gold explorer Gascoyne Resources is keeping fundies warm for a just-in-case equity raise, while it takes a handful of trade players through its data room.
August 2022
WA gold junior Gascoyne’s drill results fire up M&A hopes
Investors and arb funds are tipping for more M&A action at WA gold junior Gascoyne Resources after it struck a big discovery at its Dalgaranga project on Tuesday.
October 2021
Gascoyne shareholders get buyer’s remorse over Firefly deal
A significant chunk of Gascoyne Resources shareholders want the company to dump its planned merger with Firefly and join with Westgold instead.
August 2021
Gascoyne Resources knocks back Rowthorn’s Rivet Group
There’s plenty of wheeling and dealing around listed gold play Gascoyne Resources, but it doesn’t seem to want to do business with Mark Rowsthorn’s Rivet Group.
December 2020
How a $600,000 debt could have sunk a $292m gold mine
Mark Rowsthorn and Simon Raftery used a slice of debt to try to liquidate a West Australian mine which hoped to produce 400,000 ounces of gold in seven years.
September 2020
Newcrest forgets Sally-Anne Layman's Gascoyne calamity
From capital raising to VA in eight weeks flat – we’d probably leave it out of our career highlights, too.
August 2020
Terms blasted for gold producer Gascoyne's recap raising
Under administration gold miner Gascoyne Resources has launched its $85 million recapitalisation raising to get back on the ASX.
Gold producer Gascoyne ready to launch recapitalisation
After a 15 month long hiatus, under administration gold miner Gascoyne Resources is poised to resume trading on the ASX.
April 2020
Brokers pitch Gascoyne with finish line in site
Under-administration gold miner Gascoyne Resources can almost see the light at the end of the tunnel.
June 2019
Buyer beware on capital raisings
The fate of Gascoyne, Orinoco and RCR Tomlinson should remind shareholders to be wary of being approached for funding.
Deutsche Bank left carrying $127m St Barbara shortfall
Retail shareholders have abandoned St Barbara's raising, rounding out a terrible week for the Australian gold sector amid decade-high gold prices.
Gold miners keep on giving for Norges Bank
With its investments going up in smoke this fast, maybe Norway's central bank will begin considering gold a fossil fuel as well.
Dacian shares plummet in latest gold mine disappointment
Fire sale on the cards as Mount Morgans mine fails to deliver as promised.
NRW slides in fallout from gold miner's collapse
Mining contractor reveals $35 million exposure to troubled Gascoyne Resources.