Newcrest Mining expects operations at its Cadia East underground mine in New South Wales to perform below production capacity for several months following the Good Friday earthquake that interrupted mining at the site.
Barrick Gold’s plan to sell its 50 per cent stake in the Super Pit gold mine in Kalgoorlie for $1.3 billion has fallen through after the Chinese buyer decided to abandon the deal.
Dacian Gold has executed an engineering, procurement and construction (EPC) contract at the Mt Morgans gold project in Western Australia with GR Engineering.
Eastern Goldfields will raise at least $25 million through a share placement to fund commissioning of the Davyhurst gold operation in Western Australia.
Uncertainty surrounding the mining policy in the Philippines has led Australian-based Red 5 to suspend operations at the Siana gold project.
Newcrest Mining has avoided major mine damage and injury to workers at the Cadia gold operation in New South Wales following a seismic event on Good Friday.
Spitfire Minerals has entered a conditional share sale and purchase agreement to acquire gold explorer Admiral Gold as it expands its Australian gold portfolio.
Labour hire and managed workforce services company One Key Resources is seeing a rebound in demand for qualified mining personnel.
Vital Metals has raised $5 million through a share placement to aggressively expand gold exploration activities at three sites in Burkina Faso, West Africa.
Australia’s mining industry can expect an increase in mergers and acquisitions (M&A) this year, especially in the coal and gold sectors, according to Herbert Smith Freehills.
The Takeover Panel has decided not to become involved in Cimic’s proposed acquisition of Macmahon Holdings.
Mining contractor Pybar applies innovative technologies at Oz Minerals’ Carrapateena project in South Australia.
Dacian Gold is set to award the engineering, procurement and construction (EPC) contract for its Mt Morgans gold project in Western Australia to GR Engineering.
Mining private equity manager EMR Capital has completed its acquisition of MMG’s Golden Grove mine in Western Australia.
Australian gold mine production reached a 17-year high in 2016, according to gold mining consultants Surbiton Associates.
Dacian Gold has unveiled new plans to raise funds for development of the Mt Morgans gold project in the Goldfields region of Western Australia.
Brazilian gold miner Beadell Resources will raise up to $51 million to fund mine upgrades and exploration activities at its Tucano operation.
Action Drill and Blast (ADB) was last week awarded a $40 million contract to provide drilling and blasting services for mining contractor Macmahon Holdings at Newcrest Mining’s Telfer gold mine in Western Australia.
South32 and AusQuest have formed an alliance to develop exploration opportunities in Australia and internationally.
Gascoyne Resources has raised $55 million in capital to develop the Dalgaranga gold project in the Murchison region of Western Australia.