Gascoyne Resources has suspended open pit mining and ore processing operations at its Dalgaranga site in Western Australia.
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Gascoyne to write down Dalgaranga value
Gascoyne Resources expects to bear a non-cash impairment expense of between $40–$50 million (pre-tax) for the Dalgaranga gold project in Western Australia in its financial statements for the year ended June 30, 2022.
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Gold results glitter for Gilbey’s North
Gascoyne Resources’ Gilbey’s North discovery, located immediately north of the operating Gilbey’s pit in the Dalgaranga Gold Project, continues to grow with exceptional new results from deep follow-up drill-holes.
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Movers & shakers: The month’s mining developments
Keep up with the latest progress in Australian mines, including from BHP, Gascoyne, Austral and Strandline.
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NRW optimises Dalgaranga with MaxMine
NRW Holdings has agreed to install MaxMine technology across its mining contract at Dalgaranga gold mine in Western Australia to improve safety, productivity and environmental efficiency.
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Gascoyne secures deal to merge with Firefly
Gascoyne Resources has agreed to take over Firefly Resources in a proposed deal that would combine the two companies complementary assets in the Murchison region of Western Australia.
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Gascoyne guidance hit by inclement weather
Gascoyne Resources has updated its production and cost guidance for the 2021 and 2022 financial years, as resourcing challenges and impairment testing are factored into its Western Australian operations.
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Gascoyne exceeds own throughput expectations
Gascoyne Resources is on track to reach the upper end of its production guidance for the 2021 financial year after the March quarter delivered promising signs.
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Dalgaranga guides Gascoyne’s success
Gascoyne Resources has produced more than 20,000 ounces at the Dalgaranga gold project in Western Australia’s Murchison region for the third consecutive quarter.
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NRW secures Dalgaranga contract extension
NRW Holdings has updated its contract with Gascoyne Resources at the Dalgaranga gold project in Western Australia, adding around $180 million to the agreement.
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Gascoyne keeps Dalgaranga alive with $125m funding package
Gascoyne Resources has received a $125 million funding package through a series of agreements to recapitalise the company and continue its mining projects.
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Gascoyne faces liquidation as court proceedings begin
The Federal Court of Australia has launched proceedings on Gascoyne Resources’ plan to be relisted on the Australian Securities Exchange.
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Gascoyne to sign agreement to revive company
FTI Consulting administrators have recommended that Gascoyne Resources signs an agreement that will recapitalise and relist the struggling business.
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Gascoyne puts Dalgaranga back on track
Gascoyne has produced more than six thousand ounces of gold at record grades for the fourth consecutive month at the Dalgaranga gold mine in Western Australia.
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Gascoyne administrators consider company sale
The administrators of Gascoyne Resources are mulling over the future of the company, with its sale as an alternative.
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Gascoyne posts production record despite administration
Gascoyne Resources has delivered record monthly production at the Dalgaranga gold operation in Western Australia.
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Gascoyne Resources to continue operating during administration
Voluntary administrators to Gascoyne Resources have decided to maintain operations at the Dalgaranga gold mine in Western Australia during administration.
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NRW commits to Gascoyne raising for Dalgaranga project
Gascoyne Resources has announced an equity raising worth $24.4 million in order to gain working capital and funds for its struggling Dalgaranga gold project in Murchison, Western Australia.
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Gascoyne posts $47m loss as Dalgaranga suffers setbacks
Gascoyne Resources incurred a net loss of $47.2 million in the six months ended December 31 last year, the company has announced.
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Gascoyne returns record gold grades from Dalgaranga project
Gascoyne Resources has returned gold results of up to 1450g/t within an 8 metre wide zone from drilling at the Dalgaranga gold project in the Murchison region of Western Australia.
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