gold

DGO Gold plans to raise up to $5.99 million to fund an investment in Pilbara gold explorer De Grey Mining.

Mining services company Ausdrill has launched operation of an x-ray technology that the CSIRO hopes will revolutionise a 500-year-old method for detecting and analysing unseen gold.

Rio Tinto has confirmed that PT Indonesia Asahan Aluminium (Inalum) is interested in buying its share in the Grasberg copper-gold mine in Indonesia.

DGO Gold will make a strategic investment in Pilbara gold counterpart, De Grey Mining, helping it to advance assets in the region.

Evolution Mining and Emmerson Resources will move forward with the proposed restructure of their joint venture in the Northern Territory.

The World Gold Council (WGC) has released an essay collection called Gold 2048, which claims that due to an expanding middle class contingent in countries like China and India, demand for gold will rise.

St Barbara has awarded Swift Networks, as part of its relationship with Telstra, a contract to upgrade the digital entertainment and connectivity services at the gold miner’s Leonora camp in Western Australia.

Artemis Resources is selling its stake in Novo Resources to Canadian miner Kirkland Lake Gold for $20.7 million.

ASX-listed Azure Mining has released an update on its 100 per cent-owned Alacrán project in Sonora, Mexico, with 2017 exploration program results suggesting “potential expansion” of its Loma Bonita-Cerro San Simon gold-silver corridor, as well as potential for porphyry copper mineralisation at the Cerro Colorado deposit.

Kin Mining has suspended construction of the $35 million Leonora gold project in Western Australia due to fears of a significant cost blowout.

Newcrest Mining and ABM Resources will together advance exploration of the Euro gold project in the Tanami in Northern Territory after signing an agreement.

DDH1 Drilling has drilled the deepest mineral core hole in Australian history at Northern Star Resources’ Jundee gold mine in Western Australia.

Mining mergers and acquisitions rose by $US25 billion during the first quarter of 2018, up 86 per cent year-over-year (YoY), according to a new report from EY.

With the release of the Getting the Groundwork Right: Implementation Plan, the Victorian resources can see work already under way and the work to come to better regulate mines and quarries, according to the state government.

Global gold demand has dropped 7 per cent in the first quarter of 2018 due to weaker investment, according to the latest trends report from the World Gold Council (WGC).

Newcrest Mining and Encounter Resources have formed a series of exploration joint ventures in Western Australia as a result of a project generation alliance established between the companies last year.

Anova Metals has poured first gold from its Second Fortune underground gold project in Western Australia, the first output at the site since 1988.

Evolution Mining plans to strengthen its presence in Queensland through the acquisition of the Connors Arc exploration project from Orion Minerals.

Caterpillar has assembled its 5000th 793 mining truck, 27 years after the first vehicle was produced.

Northern Star Resources is on track to reach its goal of becoming a 600,000oz a year gold producer after executing its expansion plans in the March quarter.