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Spitfire Materials raising cash to advance new gold focused entity

Spitfire Materials (ASX:SPI) recently wrapped up the merger with and Aphrodite Gold Ltd (ASX:AQQ), creating a diversified Australian gold development company.

Aphrodite flags $19m impairment amid merger

Takeover target Aphrodite Gold has flagged an impairment charge of up to $19 million against its self-titled gold project near Kalgoorlie, but says it will not affect the value of its all-scrip merger with Perth-based Spitfire Materials.

Aphrodite Gold is a Leading % Gainer on merger news with Spitfire Materials

Aphrodite Gold Ltd's (ASX:AQQ) shares have jumped 42% to $0.034 by midday after the company outlined a merger with Spitfire Materials Ltd (ASX:SPI).

Poseidon finds gold use for Black Swan

Poseidon Nickel has entered into an agreement for the formation of a jointly-owned company with Aphrodite Gold, which would own Poseidon’s processing facilities at its Black Swan nickel operation and Aphrodite’s nearby gold tenements.

Aphrodite Gold Ltd and Poseidon Nickel Ltd move closer to gold production

Aphrodite Gold Ltd (ASX:AQQ) and Poseidon Nickel Ltd (ASX:POS) have entered into an agreement to evaluate the processing of Aphrodite’s gold resource at the Poseidon Black Swan Processing Facility.

Aphrodite Gold delivers pre-feasibility study for gold project

Aphrodite Gold’s (ASX:AQQ) pre-feasibility study has enhanced the mining potential of its Aphrodite Gold Project, located 65 kilometres north of Kalgoorlie in the Eastern Goldfields of Western Australia.

Aphrodite Gold Ltd gets ready to raise for WA gold

Aphrodite Gold Ltd (ASX:AQQ) is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare. The company's project in Western Australia has a open pit and underground resource of: 28.7 million tonnes at 1.5g/t gold for 1.4 million ounce. The halt will remain in place until the opening of trade on Thursday 23rd June 2016, or earlier if an announcement is made to the market.

Minotaur Exploration Ltd drills to define a gold resource at Chameleon project

Minotaur Exploration Ltd (ASX:MEP) has exploration tenements in South Australia, New South Wales, Victoria, Queensland and the Northern Territory.

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Torian Resources Ltd adds one more project to its Goldfields portfolio

Torian Resources Ltd (ASX:TNR) has acquired the Bardoc Project situated 40 kilometres north of Kalgoorlie in the highly prospective Goldfields region of Western Australia.

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