Latest Headlines
RESOURCE STOCKS
✕
CAPITAL MARKETS

Territory cuts off cash to Monarch

AFTER its board shake-up and the departure of Michael Kiernan, Territory Resources has moved to reassure shareholders that the Frances Creek operation is still making money. However, the company will “review” its holding in Kiernan’s Monarch Gold and no further funds will be made available to help the struggling miner.

Kate Haycock
Territory cuts off cash to Monarch

Territory said today that while it would not provide a detailed financial assessment before it needed to submit its next quarterly report, the company did tell shareholders Frances Creek was “profitable...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
RESOURCE STOCKS

Warriedar Resources: unlocking significant resource growth potential in a premier WA gold region

RESOURCE STOCKS

Growing gold inventory adds shine to Emmerson

MOST POPULAR
1
BASE METALS

1Mtpa copper demand growth, says BHP

2
BARRY FITZGERALD

Fitzy: Rio heaping praise on its Nuton copper fix

3
EXPLORATION & DEVELOPMENT

Can the 'Copper Kingdom' help Australia get its groove back?

4
EXPLORATION & DEVELOPMENT

BHP Xplor programme looking for big ideas, not drill data

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login