The $100 million Investment Attraction Fund (IAF) has been initiated by the Western Australian Government to increase local jobs and demand across a range of sectors including mining.
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Gold’s diversity leads to rise in demand
The World Gold Council has released its latest Gold Demand Trends Report revealing that annual demand has recovered.
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Gold investment keeps its shine
The Australia gold market is facing a flurry of exciting developments. Fat Tail Investment Research gold investments editor Brian Chu explains what’s to come for the sector.
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WA Govt outlines resources priorities with strategic report
The Western Australian Government has released its mineral and petroleum resources development strategy, prioritising six points including regional areas, exploration, and streamlined approvals.
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Reducing mining risk through climate adaptation
SRK Consulting highlights why operations need to be stress-tested against a range of environmental scenarios.
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Queensland invests big on resources needed for renewables
The Queensland Government has pumped $2 billion into a Renewable Energy and Hydrogen Jobs Fund, in an effort to develop its economy while advancing environmental initiatives.
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Resources sector boosts federal budget spending spree
The Australian Government’s 2021-22 Budget has recognised the sector’s contribution to taxes and exports, with a future full of incentives and investment.
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Gold investment demand persists amid shrinking production
Global gold demand grew modestly by 3 per cent to 1107.9 tonnes in the third quarter of 2019 on the same period last year, according to the World Gold Council.
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Saracen sets platform to reach production target
Saracen Mineral Holdings has laid the foundations to become a 400,000 ounce per year gold producer off the back of increased investment in exploration and growth.
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Aussie gold players ride high into PDAC
Australia and Canada share a lot of similarities as two of the world’s leading mining nations. Peter Diekmeyer tells Australian Mining of the links between the two countries at at the PDAC convention in Toronto earlier this month.
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Western Australia up to second in rankings as a place to invest
Western Australia is the only Australian state or territory to feature in the top 10 of the Fraser Institute’s annual survey of mining companies for the second straight year.
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BHP CFO pushes for greater mining investment
BHP chief financial officer Peter Beaven has called for improved investment strategies in the mining industry to help aid medium and long-term growth for companies.
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Evolution gives Mt Carlton underground development green light
Gold miner Evolution Mining will advance three projects at the Mt Carlton operation in Queensland after approving a $60 million investment.
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Resolute Mining increases African exposure with Orca investment
Gold miner Resolute Mining will acquire a 15 per cent stake in Orca Gold through a share placement, bolstering the ASX-listed company's presence in Africa.
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Metals exploration spending expected to rise by 20 per cent in 2018
Global spend on nonferrous metals exploration is expected to rise by 20 per cent in 2018, in keeping with recent trends. Spend in 2017 reached around $US8.4 billion ($10.8 billion), up from $US7.3 billion
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Newcrest buys $US250m chunk of Lundin Gold
Australian gold company Newcrest Mining is investing $US250 million ($318.9 million)in Toronto-listed Lundin Gold, which is developing the Fruta del Norte mine in Ecuador, South America.
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Why cryptocurrencies are no substitute for gold
Gold performed well in 2017, with its value improving by 13 per cent in US dollar terms over the year. The precious metal’s price rise was, however, no match for bitcoin, which enjoyed a 13-fold increase in value by the end of the year.
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Minerals institute to receive $2 million boost from WA Government
The Western Australian Government is offering support for the Minerals Research Institute of Western Australia (MRIWA) in the form of a $3 million funding injection launched by Treasurer Ben Wyatt.
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Olympic Dam to receive $600 million investment this financial year
BHP is investing more than $600 million into its Olympic Dam copper operations in South Australia, with a range of expansion and development works set for the 2018 financial year.
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Oaktree Capital invests in WA drilling company
Western Australian drilling company DDH1 has received investment from Oaktree Capital Management, enabling the company to expand its capacity and capabilities.
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