Gascoyne Resources has received a $125 million funding package through a series of agreements to recapitalise the company and continue its mining projects.
The Federal Court of Australia has launched proceedings on Gascoyne Resources’ plan to be relisted on the Australian Securities Exchange.
FTI Consulting administrators have recommended that Gascoyne Resources signs an agreement that will recapitalise and relist the struggling business.
Gascoyne has produced more than six thousand ounces of gold at record grades for the fourth consecutive month at the Dalgaranga gold mine in Western Australia.
The administrators of Gascoyne Resources are mulling over the future of the company, with its sale as an alternative.
Gascoyne Resources has delivered record monthly production at the Dalgaranga gold operation in Western Australia.
Voluntary administrators to Gascoyne Resources have decided to maintain operations at the Dalgaranga gold mine in Western Australia during administration.
Gascoyne Resources has announced an equity raising worth $24.4 million in order to gain working capital and funds for its struggling Dalgaranga gold project in Murchison, Western Australia.
Gascoyne Resources incurred a net loss of $47.2 million in the six months ended December 31 last year, the company has announced.
Gascoyne Resources has returned gold results of up to 1450g/t within an 8 metre wide zone from drilling at the Dalgaranga gold project in the Murchison region of Western Australia.
Gascoyne Resources has raised $19 million through an oversubscribed placement.
Gascoyne Resources is Australia’s newest gold producer at the Dalgaranga project in the Murchison in Western Australia.
Gascoyne Resources is only 10 days from first gold production at the Dalgaranga project in Western Australia, under budget and six weeks ahead of schedule.
Gascoyne Resources is preparing to deliver first gold at the Dalgaranga project in Western Australia next month.
Gascoyne Resources is two months away from producing first gold at the Dalgaranga gold project in Western Australia.
Gold developer Gascoyne Resources has released an update on its Dalgaranga gold project in the Murchison region of Western Australia, saying it is ahead of schedule by a month.
Gold developer Gascoyne Resources has confirmed that NRW Holdings will be its mining contractor at the Dalgaranga operation in the Murchison region of Western Australia.
Gascoyne Resources has purchased a new tenement immediately north of its $86 million Dalgaranga gold project called the Greencock gold prospect.
Gascoyne Resources has entered into an agreement with Commonwealth Bank of Australia (CBA) and National Australia Bank (NAB) for $60 million in funding for its Dalgaranga gold project in Western Australia.
Gascoyne Resources has announced today that it has raised $21.5 million in shareholder and investor funds for aggressive exploration of its Dalgaranga and Glenburgh gold projects