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.
While the price of gold wavered from its usual steadiness at the end of 2016 Australia has continued to explore and develop gold operations into the new year.
The Gruyere gold project joint venture has received the final mining approval from the Western Australian department of mines and petroleum.
The NSW Environment Protection Authority (EPA) has issued Broula King joint venture with a fine of $15,000 for failing to undertake monitoring required by the company’s environment protection licence at its Cowra gold mine. EPA Regional Director for South and West, Gary Whytcross, said while the mine may currently be in care and maintenance, the … Continue reading Broula King joint venture gold mine fined for lack of monitoring
Exploration activity in Australia has been noticeably lower for the past five years, but there are signs of optimism.
Macmahon Holdings Limited has announced it has signed a three-year MOU with Indonesia’s PT Amman Mineral Nusa Tenggara. The agreement will see Macmahon assist AMNT to evaluate options to accelerate production from its Batu Hijau copper and gold mine on Sumbawa Island. The parties will also explore options to potentially develop additional deposits in the … Continue reading Macmahon preferred mining contractor for Batu Hijau mine
Mining exports in the country skyrocketed in December on the back of a surge in coal and iron ore shipments.
Newcrest Mining has reported a slight drop in gold production during the December quarter after selling a mine and lowering output at one of its key mines.
Oz Minerals has lifted its copper production target for the next two years as the company’s focus continues to shift towards the base metal ahead of gold.
Sandfire Resources will use a strong cash position to repay the remaining debt it owes for a $380 million facility it secured for development of the DeGrussa copper-gold project in Western Australia.
Dual-listed OceanaGold Corp has poured first gold from the Haile mine in South Carolina, United States.
Gold companies Endeavour Mining and Acacia Mining are discussing a possible merger that could make one of the largest precious metal companies in Africa.
Rio Tinto subsidiary, Kennecott Exploration, has walked away from a potential joint venture with Azure Minerals at the Promontorio copper-gold project in Mexico.
Echo Resources has bolstered its gold portfolio in Western Australia after completing a takeover of Metaliko Resources.
Gold explorer Intermin Resources has acquired the Kanowna North project and a new exploration prospect at the Yarmony project in the Goldfields region of Western Australia.
Construction has started at Dacian Gold’s Mt Morgans project in Western Australia following the receipt of several WA Government approvals.
Gascoyne Resources has completed the purchase of the Dalgaranga gold project in Western Australia, moving to 100 per cent ownership of the operations.