Strategic metals develop TNG (ASX: TNG) has agreed terms with a Swiss-based chemicals distributor for the titanium dioxide pigment production from its planned A$853 million Mount Peake development, north of Alice Springs (reports MiningNews).
A tumultuous five months at new gold miner Gascoyne Resources is resulting in big board convulsions, with managing director Mike Dunbar out the door, an interim CEO appointed, and Ian Murray exiting after just 16 days in the chairman’s role (reports MiningNews).
Pilbara gold miner Millennium Minerals (ASX: MOY) has delivered an improved third quarter, turning the momentum positive for its planned operational turnaround and underpinning a BUY recommendation and increased target price of 29c-a-share, says broker Bell Potter.
Perth broker Hartleys has updated its 12-month price target for base metal developer Venturex Resources (ASX: VXR) to 45 cents-a-share following the release of the Company’s highly-anticipated Definitive Feasibility Study on its flagship Sulphur Springs copper-zinc project in WA.
In a new report, Hartleys analyst Paul Howard has issued a Speculative Buy recommendation on the stock, saying that securing funding for the $169 million Sulphur Springs development is the next step for the company.