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Atomos Limited has inked a smart $13.7M non-dilutive debt deal to replace an old loan and add $5M in working capital, as the company targets positive cash flow within 12 months.

Atomos locks in $13.7M cash boost with smart non-dilutive debt deal

Atomos Limited has inked a smart $13.7M non-dilutive debt deal to replace an old loan and add $5M in working capital, as it targets positive cash flow within 12 months.

  • James Pearson

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Star Minerals development partner Mega Resources’ mining gold ore in Western Australia.

Star inks deal with mining heavyweight to fast-track Mid West gold

Star Minerals has signed with Indian mining giant branch MEGA Resources to propel into production its 45,000-ounce Tumblegum South gold project in WA.

  • Andrew Todd
A 3000m reverse circulation drilling program is imminent at Javelin Minerals’ Eureka gold project, 50km north of Kalgoorlie in WA’s Eastern Goldfields.

Javelin ready to test promising gold theory in Kalgoorlie

Javelin Minerals has completed a heritage survey at its Eureka gold project north of Kalgoorlie in WA, taking the final hurdle ahead of an imminent 3000m drill program.

  • Andrew Todd
Pilot Energy’s Cliff Head oil field near the company’s Leander WA-481-P area. Leander has received a huge 250 per cent jump in its prospective gas resource.

Pilot boosts WA gas resource by 250 per cent

Pilot Energy has boosted its WA Leander prospective gas resource by a whopping 250 per cent to an estimated 1116 billion cubic feet of gas and 18 million barrels of condensate after a detailed review.

  • Craig Nolan
EV Resources’ Coyote Creek project in Utah is centred on primary antimony potential within extensive canyon wall-rock and in the talus slope of eroded material that forms a pediment at the foot of the cliff-line.

EV Resources snaps up Utah antimony claims with 12.7Mt resource

EV Resources will acquire 49 claims enclosing the old Coyote Creek antimony project in the US state of Utah, along with a 12.7-million-tonne non-JORC antimony resource.

  • Doug Bright
The Otavi Mountain Land in the distance where Golden Deeps has expanded its Namibian footprint by picking up several nearby exploration leases highly prospective for base metals, vanadium, germanium and gallium.

Golden Deeps doubles down in Namibia with critical metals play

Golden Deeps has bulked out its Namibian project, snapping up 80% of some nearby leases rich in base metals and vanadium, which have promising signs of gallium and germanium.

  • James Pearson
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Inside one of the main core-logging tents at Infini Resources’ Falls Lake prospect, part of its Portland Creek project in Canada’s renowned Athabasca Basin, where diamond drilling is taking place.

Infini confirms new Canadian uranium project acquisitions

Infini Resources has completed its acquisition of two uranium projects in Canada’s Athabasca Basin, both within 100km of world-class high-grade uranium mines.

  • Craig Nolan
Aurum’s Resources’ extensive artisanal open pit gold workings point to deeper treasures which now form the basis for a new gold mining project.

Aurum appoints EIS consultant eyeing off West African open pit mining

Aurum Resources has engaged consultancy firm Envitech to assess planned mining operations in Cote d’Ivoire, taking a key step towards an open pit mining operation.

  • Doug Bright
Hot Chili’s 80 per cent owned Huasco Water project is aiming to extract seawater under its maritime concession in Chile to supply water to its own Costa Feugo copper-gold project and others in the Huasco Valley region

Hot Chili chases US$447M free cash flow from Chilean water business

Hot Chili says it can solve Chile’s industrial water problem and bank US$447m over 20 years by getting into the water supply business using its giant Costa Fuego copper play as a foundation off-taker.

  • Craig Nolan
Toubani Resources has signed a deal with the Mali Government to jointly own and develop the company’s 162,000-ounce-a-year Kobada gold project.

Mali Government backs Toubani gold project

Toubani Resources and the Mali Government will jointly own and develop Toubani’s 162,000-ounce-a-year Kobada gold project that will likely be one of the largest gold mines in Mali.

  • Belinda Hickman

Original URL: https://www.brisbanetimes.com.au/business/bullsnbears