Gold Fields is well-placed to produce around two million ounces of gold a year over the long term as output at its Gruyere project in Western Australia gears up.
The Gruyere joint venture has completed 97 per cent of its process plant construction in Western Australia, putting it on target for first gold production in the June 2019 quarter.
The Gruyere gold joint venture expects to produce up to 120,000 ounces from the Western Australia operation this year after production starts in the June quarter.
South African miner Gold Fields has contracted Scottish power company Aggreko to create a massive solar power generation system to help power the Granny Smith gold mine near Laverton, Western Australia.
First ore has been mined on schedule at the Gruyere gold project in Western Australia this month.
Gold Fields and Gold Road Resources have increased their annual production forecast for the Gruyere gold joint venture project in Western Australia.
Ausdrill has completed the acquisition of underground hard rock contractor Barminco, creating the second largest Australian mining services company by revenue.
Ausdrill’s shareholders voted in favour of the proposed acquisition of Barminco at its annual general meeting yesterday.
Barminco has been awarded a four-year contract extension worth $240 million with Independence Group (IGO).
Mining services major Barminco has been awarded two contract extensions worth $335 million in total at Gold Fields’ Agnew gold mine in Western Australia.
Gold Road Resources and Gold Fields’ Gruyere gold project is still on schedule to achieve first gold in the June 2019 quarter, according to a joint statement released today.
Gold Road Resources receives positive assay results from its ongoing 2018 exploration across the Yamarna Greenstone Belt and the Gruyere joint venture (JV).
Gruyere joint venture partners, Gold Fields and Gold Road Resources, have increased their forecasted capital cost for the development to $621 million.
Organisers of the International Mining and Resources Conference (IMARC) have revealed the first set of confirmed speakers for the 2018 event.
Poor weather has forced the Gruyere gold joint venture partners to delay their plan for first gold at the Western Australian development.
Gold Road Resources has launched its $23 million 2018 greenfields exploration drilling campaign in Western Australia.
Gold Road Resources has been granted a $100 million revolving corporate facility and $50 million dedicated working capital facility from a financing syndicate.
Gold Road Resources has confirmed an agreement to acquire Sumitomo Metal Mining’s 50 per cent interest in the South Yamarna project in Western Australia for $7 million.
The Gruyere joint venture between Gold Fields and Gold Road Resources in Western Australia is on target to pour first gold in the March 2019 quarter, with construction about one-third complete.
Downer has been awarded a $400 million contract to provide mining services at the Gruyere gold joint venture between Gold Fields and Gold Road Resources in Western Australia.