Australia’s gold mine output in the September quarter declined by five per cent to 78 tonnes, according to Melbourne-based mining experts, Surbiton Associates.
Stay on top of the most popular stories on Australian Mining over the past week, including the latest major iron ore contract awarded by Rio Tinto in the Pilbara.
Saracen Mineral Holdings has secured funding that it needs to acquire Barrick Gold’s 50 per cent interest in the Super Pit gold mine in Western Australia for $US750 million ($1.1 billion).
Saracen Mineral Holdings has emerged as the successful bidder for Barrick Gold’s 50 per cent interest in the Super Pit gold mine in Kalgoorlie, Western Australia.
Andy Ewe speaks with Global Mining Guidelines chair Michelle Ash about a technology-related question that persists in mining circles – will the robots take our jobs? The advent of automation on mine sites has caused controversy and divide amongst miners, creating automation anxiety that is felt throughout the industry. Pilbara iron ore mines in Western … Continue reading Overcoming automation anxiety in future workforces
Stay on top of the most popular stories on Australian Mining over the past week, including the expected surge in demand for mining jobs to support new projects during the next five years.
Barrick Gold has flagged a significant gold discovery that could deliver at least one more Tier 1 gold mine at its Goldrush-Fourmile project in Nevada.
Acquisition is the way to survival as major new greenfields discoveries appear to have dried up, according to PCF Capital principal Liam Twigger.
Northern Star Resources is set to acquire the stake it does not already own in Echo Resources for up to $193 million.
Stay on top of the most popular stories on Australian Mining over the past week, including an update on Barrick Gold’s plans to sell its share in the Super Pit gold mine in Western Australia.
Barrick Gold has come clean about bidding for its stake in the Super Pit gold mine in Kalgoorlie-Boulder, revealing that Northern Star Resources is amongst the frontrunners.
Swick Mining Services has been awarded a three-year contract extension at the Nevada Gold Mines Joint Venture (JV) in the United States, expanding the contractor’s work in hand to $353 million over three continents.
Rapidly growing Australian business Components Only is establishing offices in the high-profile mining regions of Chile and Mongolia.
Acacia Mining has offered a barbed response regarding Barrick Gold’s intention to purchase the remaining shares that it does not already own of the company.
Barrick Gold and Newmont have agreed to form a joint venture (JV) at their Nevada, United States-based operations for a combined $5 billion in value over a 20-year period.
Barrick Gold’s hostile $US18 billion ($24.8 billion) takeover offer for Newmont Mining has hit its first hurdle after being unanimously rejected by the target.
Australia’s gold producers have capitalised on a surging price for the precious metal by delivering an all-time production record last year.
Barrick Gold has officially unveiled an offer to merge with Newmont Mining after several days of anticipation it would make a tilt for the gold rival.
The Canadian company has reviewed the opportunity to merge with the United States-based Newmont in an all-share, nil premium transaction.
Newmont Mining expects to produce 1.5 million ounces of gold in Australia in 2019 due to lower mining rates at the Super Pit and continued stripping at Boddington in Western Australia.