gold

Primary Gold has confirmed Hampton Mining and Civil as the preferred contractor for the development of its Coolgardie project in Western Australia.

Rapidly expanding mining company De Grey has announced that it has secured a significant gold target through its Blue Moon tenement option following the discovery of over 1500 ounces of gold up to a depth of only 2 metres.

Newcrest Mining will spend $93 million to improve the operating margins and extend the life of the Telfer gold mine in the Pilbara region of Western Australia.

Nicholas Frappell reviews the market performance of the precious metals sector in the September quarter in the second part of ABC Bullion’s review of the three-month period.

Newmont Mining’s $US120 million ($154 million) expansion of the Tanami gold mine on the border of Northern Territory and Western Australia was officially opened this week.

According to a new report from the World Gold Council, one country purchases over 100 tonnes a year in bars and coins.

The Iron ore price has fallen below $US60 a tonne for the first time since late June.

ABC Bullion’s Nicholas Frappell reviews the performance of the gold market in the September quarter in the company’s precious metals review for the three months.

A majority of 22 Liberal MPs are expected to vote in the Western Australian State Parliament Upper House against the Mark McGowan-led Labor Government’s plan to raise gold royalty fees by 50 per cent.

Gold Road Resources is broadening its search for the company’s next major greenfields discovery in Western Australia.

Australian-headquartered OceanaGold Corp has launched commercial production at its Haile gold mine in the United States.

Empire Resources has poured first gold at its Penny’s Find gold mine near Kalgoorlie in Western Australia.

The Western Australian Government’s plan to raise its gold royalty rate by 50 per cent will lead to almost 3000 jobs being lost, according to economic modelling by the WA Chamber of Minerals and Energy (CME).

Kin Mining continues to emerge as one of Western Australia’s most exciting gold mining prospects at the Leonora project in the Eastern Goldfields.

Canadian miner Kirkland Lake Gold has agreed to make a $5 million investment in Western Australian gold junior, De Grey Mining.

OZ Minerals has launched work on phase one of the Carrapateena copper-gold project in South Australia.

Saracen Mineral Holdings will offload the Red October gold mine in Western Australia to Matsa Resources for $2 million in cash and shares.

Iron ore prices have fallen significantly again, continuing a volatile year for the commodity.

Eriez will supply Newcrest Mining’s Cadia Valley gold operations in New South Wales with proprietary separation equipment to enhance the site’s minerals processing activities.

Iron ore fell another 4.1 per cent in value overnight to drop to its lowest mark since late July.