Since Alkane Resources unearthed the Boda prospect in the East Lachlan region in New South Wales last year, prospective gold miners have flocked to the area in the hope of making another discovery of the same quality.
The Western Australian resources sector has achieved record increases in sales and jobs during the 2019-20 financial year despite the impacts of the COVID-19 pandemic.
A dip in the output of the resources sector caused by COVID-19 may have been sharp but it has also proven to be relatively short-lived, according to the Resources and Energy Quarterly September report.
Resolute Mining has reached an agreement with a union representing its workers at the Syama gold mine in Mali to prevent further strike action at the site.
Novo Resources has locked in an initial 50 per cent interest in Kalamazoo Resources’ Queens gold project in Victoria.
Calidus has secured an agreement with Novo Resources to acquire the Blue Spec gold-antimony project in the Pilbara region of Western Australia.
Calidus Resources has started construction works and named Macmahon Holdings as its preferred mining contractor at the Warrawoona gold project in the Pilbara region of Western Australia.
Alacer Gold and SSR Mining have been granted final regulatory clearance for the two companies’ pending merger, which was announced in May.
Resolution Minerals has withdraw its full year production and cost guidance after being notified of a possible worker strike at the Syama gold mine in Mali, West Africa.
Joint venture partners Gold Road Resources and Gold Fields are looking to ramp up operations at the Gruyere project in Western Australia.
Cardinal Resources has responded to takeover bids from Nordgold and Shandong Gold, urging shareholders to accept an offer from the latter.
Gold prices have been hovering at seven-year highs in 2020 as investors take advantage of its safe haven status. What does this mean for Middle Island Resources?
Saracen Mineral Holdings plans to complete the construction of a 3.2 million tonne per annum processing plant at the Carosue Dam Operations in Western Australia during the 2021 financial year.
The Northern Territory Government has approved all 10 of Middle Island’s exploration licenses for the Barkly super-project.
Kirkland Lake Gold has signed a deal to install Chrysos PhotonAssay technology for faster and more accurate gold analysis at the Fosterville mine in Victoria, Australia.
Red River Resources has increased its gold resource at the Hillgrove gold project in New South Wales ahead of its production restart later this year.
Gascoyne Resources has received a $125 million funding package through a series of agreements to recapitalise the company and continue its mining projects.
Gold miner Northern Star Minerals has forecast a 30 per cent production increase over the next two years following positive exploration results and recent acquisitions.
Gold prices have fallen below $US2000 ($2783.08) to $US1911.25 an ounce overnight, marking the greatest fall since June 2013.
Ardea Resources has partnered with CSIRO to study the behaviour of gold in mineral deposits at the Goongarrie nickel-cobalt project in the Eastern Goldfields, Western Australia.