Articles On Galena Mining (ASX:G1A)

The program has three objectives: lead-silver ore body infill, drilling into selected prospective ‘metal-rich’ zones for potential life of mine plan optimisation, and gold-copper exploration.

The company has completed around 12% of project works and is on track to complete final financing milestones.

Results from the drilling program are expected to assist JV company Abra Mining Pty Limited to optimise mine planning.

ASX companies continued to raise money in July, with over $4bn shelled out by investors, taking 2020’s total above $30bn. According to Bloomberg, there has been $32.3bn worth of cash raised between January 1 and August 3. This is well ahead...

Galena’s project partner Toho supports the facilities and their A$60 million additional equity investment into Abra will be released alongside facility milestones.

The company recently accepted binding commitments to raise $12 million providing it with a strong financial platform to complete the Abra Base Metals Project debt financing process.

Despite the uncertainty brought about by the COVID-19 pandemic, the ASX has reported total capital raised for the year to date to June 2020 has increased by 13 per cent over the previous corresponding period to $97.19bn. More than a quarter...

Galena Mining has raised $12 million to advance its Abra base metals project in the Gascoyne region of Western Australia. The share placement will be used for optimisation drilling at the Abra project, which will move the project forward to...

TIM Roberts has put another couple of million into Galena Mining to maintain his 20% strategic interest in the budding lead project developer following ...

Participation by existing and several new high-quality institutional investors provides a strong financial platform to complete the Abra debt financing process.

The company is progressing development plans for its Abra Base Metals Project, which is ready to move to procurement, construction and underground mine development phase pending further financing.

ASX listed resources play Galena Mining was fronting funds on Tuesday morning with a $12 million capital raising to finance drilling activities. 

The company is progressing with development plans for the project, which is ready to move to main procurement, construction and underground mine development phase pending further financing.

Special Report:  Tony James knows what it takes to make a successful mine; he’s been intimately involved in building several new ones and resurrecting old ones over the course of a long career as a mining engineer. And based on that experie...

LEAD project developer Galena Mining has bought a pastefill plant for its underground mine at Abra from Westgold Resources for A$2.25 million ...

The plant will be refurbished to provide the paste backfill cement required for Abra’s underground mining operation.

Construction work by Abra Mining Pty Limited at the project in WA’s Gascoyne region is 9% complete.

Galena is progressing with the construction of the Abra Base Metals Project in WA’s Mid-West.

Kingwest chief exec Ed Turner has a track record of turning unloved assets into company makers. He aims to do it again at the historic, high-grade Menzies Gold Project (MGP) in WA. Ed Turner was exploration manager at the now defunct Abra M...

Construction work by Abra Mining Pty Limited at the project in WA’s Gascoyne region is now 9% complete.

Roberts acquired 20 million shares through an off-market purchase arranged by a broker.

The company continues to target initial production from Abra in 2021 and the first full-year of steady-state commercial production in 2022.

Galena is progressing the planned development of its flagship Abra Base Metals Project in Western Australia.

Downes has this week acquired 60,000 shares and now holds almost 13.223 million shares in direct and indirect interests.

The purchase of 55,000 shares follows Howe's recent acquisition of more than 104,000 shares in an on-market transaction totalling almost $22,500.

In February, managing director Alexander Molyneux increased his holding in the company to 3.7 million shares by acquiring 130,000 shares.

Kaiser Reef is the latest junior gold explorer to take advantage of the ongoing positive gold sentiment with an ASX debut scheduled for Friday after raising $4.5 million in its IPO. The company issued 22.5 million shares at $0.20 each, givi...

The company continues to target initial production from Abra in 2021 and the first full-year of steady-state commercial production in 2022.

Galena Mining has awarded an engineering, procurement and construction (EPC) contract to GR Engineering Services for the Abra base metals joint venture (JV) project in Western Australia. The contract will see GR Engineering supply a 1.2 mil...

Aurelia Metals (ASX:AMI) has hit more shallow, high-grade base metals and gold at the Federation prospect within its Peak project in central New South Wales. Notable intercepts include 10m at 55.6 per cent lead and zinc, 0.8 grams per tonne...

Galena completed a DFS for Abra in 2019 valuing a 16-year lead-silver mine at $553 million pre-tax.

The box-cut is being constructed by a third-party contractor and involves blasting, mining and removal of around 65,000 bcm of material.

The company is focused on reaching production at the Abra project in the Gascoyne region of Western Australia and exploring its Woodlands, Manganese Range and Quartzite Well prospects.

The two names behind one of the first resources IPOs for the new decade have a pretty impressive run sheet. The pair, who have more than two decades of experience, have listed six companies as well as seen four mines built and one currently...

The former founding directors of unlisted Hibernia Gold, which was later renamed Moly Mines, have teamed up again to take new gold venture Kaiser Reef to the ASX. Adrian Byass and Jonathan Downes have launched an IPO to raise $4.5m at 20c p...

Galena completed a DFS for Abra in July 2019 valuing a 16-year lead-silver mine at $553 million pre-tax.

The appointment comes as Galena moves through the development phase and into the production phase of Abra Base Metals Project.

Alexander Molyneux has acquired a further 70,000 shares, taking his overall holding in G1A to 3.57 million shares.

The company is focused on developing its flagship Abra Base Metals Project in Western Australia.

The IXM offtake is a legally binding full-form agreement, conditional on beginning production at Abra on or before December 31, 2023, and beginning commercial production on or before December 31, 2024.

ASPIRING base metal miner Galena Mining has secured a working capital buffer and a 10-year offtake agreement for its share of the lead-silver ...

It is the dream that most junior explorers aspire to and Heron Resources (ASX:HRR) is now living it after banking in first revenue from its Woodlawn zinc-copper project in NSW. This follows the successful export of zinc and lead concentrate...

The resource upgrade further derisks the future mining operation and builds on an already positive feasibility study.

Galena Mining (ASX:G1A) has cranked up the attractiveness of its Abra base metals project in WA after successful infill drilling resulted in a resource upgrade. Abra now boasts a resource of 41.1 million tonnes at 7.3 per cent lead and 18 g...

Earlier this month, construction commenced at the flagship Abra Base Metals Project.

Galena Mining has announced that construction has started at the Abra base metals joint venture project in the Gascoyne Region of Western Australia. The activities are part of a $15 million surface infrastructure development at the silver a...

Galena Mining and partner Toho Zinc have commenced construction at the Abra base metals project in northern Western Australia, with a A$15 million ...