Gascoyne Resources has received a $125 million funding package through a series of agreements to recapitalise the company and continue its mining projects.
Gold miner Northern Star Minerals has forecast a 30 per cent production increase over the next two years following positive exploration results and recent acquisitions.
The New South Wales Independent Planning Commission (IPC) has approved Whitehaven Coal’s application to extend the Vickery coal mine near Gunnedah.
Gold prices have fallen below $US2000 ($2783.08) to $US1911.25 an ounce overnight, marking the greatest fall since June 2013.
Ardea Resources has partnered with CSIRO to study the behaviour of gold in mineral deposits at the Goongarrie nickel-cobalt project in the Eastern Goldfields, Western Australia.