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Ravenswood

Oct 19, 2020
Welborn steps down from Resolute role

Welborn steps down from Resolute role

Resolute Mining is in the market for a new chief executive officer after John Welborn stepped down from the role after five years. Resolute chief financial officer Stuart Gale has been appointed as interim CEO while an executive search process is undertaken. Resolute managing director and CEO John Welborn. Resolute chairman Martin Botha said Mr Welborn had worked hard to reposition and t...

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Jun 01, 2020
ActivEX finds backing for Ravenswood gold project

ActivEX finds backing for Ravenswood gold project

ActivEX has entered a new partnership to advance its Ravenswood gold project, covering five tenements in the Charters Towers minerals province. The company has finalised a joint venture and farm-in agreement with unlisted company Ballymore Gold, which would see Ballymore spending up to $2 million to assess and explore the land package. In addition to earn-in rights under the agreement, Ball...

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Jan 15, 2020
Green light for $300m Ravenswood gold mine sale

Green light for $300m Ravenswood gold mine sale

A $300 million sale deal for Ravenswood gold operations is going ahead, with the new owners committed to an expansion project at the North Queensland mine. Resolute Mining said it had signed definitive agreements for the sale to a consortium involving private equity manager EMR Capital and mining company Golden Energy and Resources (GEAR). There would be no immediate changes to Ravenswood g...

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Jan 14, 2020
EMR Capital in $300m sale talks for Ravenswood gold

EMR Capital in $300m sale talks for Ravenswood gold

– Update Jan 15 – Sale confirmed, new owners committed to Ravenswood Expansion Project Details: https://www.i-q.net.au/main/green-light-for-300m-ravenswood-gold-mine-sale Resolute Mining has confirmed it is in advanced negotiations to sell its Ravenswood gold operations to EMR Capital for up to $300 million. In an announcement to the ASX today, the gold producer said it...

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