Capricorn Metals Ltd
Capricorn Metals Limited is a gold producer.
The business
Capricorn Metals Limited is a gold producer. The Company is engaged in exploration, evaluation, development and production at the Karlawinda Gold Project and exploration and evaluation of the Mt Gibson Gold Project. The Karlawinda Gold Project is located in the Pilbara region of Western Australia, 65 kilometers (km) south-east of the town of Newman. The Company wholly owns a 4,000-square kilometers (km2) tenement package at Karlawinda Gold Project, which includes the greenstone belt hosting the Bibra gold deposit and other significant greenstone areas. The Mt Gibson Gold Project (MGGP) is located approximately 280 kilometers northeast of Perth and less than 10 kilometers from the main arterial Great Northern Highway, in the Murchison region of Western Australia. The Company has also entered into a binding agreement to acquire the Mongers Lake and Claw Gold Projects, located in the Murchison region of Western Australia.
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Latest news

Capricorn Metals and Warriedar Resources Propose Strategic Merger to Develop WA Gold Assets
Capricorn Metals (ASX: CMM) has won board and major shareholder backing from takeover target Warriedar Resources (ASX: WA8) for its proposal to combine the two companies’ significant Western Australian gold assets. Capricorn will acquire 100% of the securities in Warriedar, with the latter’s shareholders to receive one new Capricorn share for every 62 Warriedar shares, […]

Capricorn Metals Secures Claw Gold Project from BPM Minerals in Strategic Acquisition
Capricorn Metals (ASX: CMM) has struck a deal with BPM Minerals (ASX: BPM) to acquire the large Claw gold project tenement package in the Murchison region of Western Australia. Capricorn has already identified seven target zones for exploration within the project tenure at Claw which it considers highly prospective for gold mineralisation. The highest priority […]

Capricorn Metals to acquire prospective Ninghan gold project in WA from Sabre Resources
Capricorn Metals (ASX: CMM) will pay $1.6 million to acquire the prospective Ninghan gold project tenement package in Western Australia’s Murchison district from Sabre Resources (ASX: SBR). The company has made an upfront deposit of $100,000 and will pay the balance of the consideration in Capricorn shares valued at the 20-day volume-weighted average price prior […]

Coronado ends merger discussions with Peabody, Suncorp flooded with claims and Medibank remains calm despite threat
Queensland-based Coronado Global Resources (ASX: CRN) has ceased merger discussions with global coal giant Peabody Energy Corporation (NYSE: BTU). Both parties jointly agreed to end talks over a deal that was estimated to be worth more than $9 billion. Following the collapse in negotiations, Coronado’s share price tumbled around 5% at the start of the […]
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