Gold Road has returned to 19.9 per cent shareholding in De Grey Mining after subscribing in the two tranche institutional placement by De Grey at $1.05 per share.
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The Western Australian Department of Mines, Industry Regulation and Safety has granted De Grey Mining the mining lease for its Hemi gold project.
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De Grey Mining has announced that its executive technical director Andy Beckwith has transitioned into a non-executive director role, effective from July 19.
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