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.
WPG Resources managing director and chief executive officer Martin Jacobsen has resigned from the company because of poor health.
Australian-listed companies are spending more on exploration, according to the latest research from BDO.
Kirkland Lake Gold has suspended underground mining at the Stawell gold operations in Victoria, leaving up to 150 workers without a job.
Dacian Gold has completed a $26 million share placement that it will use to fund the ongoing development and exploration of the Mount Morgans gold project in Western Australia.
The Melbourne-based company has secured a $30 million share placement to fund the restart of production at the Thalanga zinc mine in Queensland.
The Brisbane-based company has launched a $6.5 million initial public offering (IPO) as it prepares to list on the ASX.
Kingston Resources has secured an agreement that could see it acquire a 75 per cent interest in Trillbar Resources’ Livingston gold project in Western Australia.
The Perth-based company plans to use the funds raised to develop its 100 per cent-owned project in Western Australia.
Australian gold production was marginally higher in the September quarter despite poor weather affecting some operations in the eastern states.
Australia’s mid-tier mining companies are staging a comeback after surviving the industry downturn, according to PwC analysis.
Dacian Gold is hopeful that the Mt Morgans gold project will start producing in 2018.
The Burbanks gold mine in Western Australia has a new owner after Kidman Resources decided to sell the operation.
Prospectors hoping to fund their retirement can now successfully search for gold in past locations with the help of a new, larger super-coil.
Gold Road has entered a 50:50 joint venture partnership with Gold Fields to develop and operate the Gruyere gold project in Western Australia.