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Why the Mineral Resources (ASX:MIN) share price is moving higher Why the Mineral Resources (ASX:MIN) share price is moving higher There’s a lot of energy beneath Australia’s soil and the mining services provider is in the thick of it. Bernd Struben earned his economics degree in the US. Following several years writing about the tourism industry in the Caribbean, he moved to The Netherlands to cover the EU's booming commercial real estate markets. He moved to Australia in 2010, where he transitioned to analysing the Aussie equity markets. He employs a combination of macro economics and com...

Norwest Raises Funds for West Oz Drilling Jan 19, 2021 6:30:am Summary The proceeds of the placement will be used to cover the company's 20% share of drilling costs at the Lockyer Deep-1 exploration well. by: Shardul Sharma Posted in: Norwest Raises Funds for West Oz Drilling Sydney-listed Norwest Energy has raised A$2mn (US$1.5mn) through a placement of shares to fund exploration activities in Western Australia’s Perth basin, it said on January 19.  The capital raised will be used to cover the company's 20% share of drilling costs at the Lockyer Deep-1 expl...

Australia: Norwest Energy announces capital raising for Perth Basin exploration 19 Jan 2021 Norwest Energy has completed a bookbuild to raise $2million (before costs) through a placement of shares to a range of sophisticated and institutional investors, including Norwest Energy’s major shareholders. The proceeds of the placement (together with the Company’s existing cash reserves) will be used to fund drilling costs associated with Norwest's 20% interest in the Lockyer Deep-1 exploration well, located in Perth Basin exploration permit EP 368, on trend with three very significant discov...