Northern Star Resources’ cashflow has surged in the June quarter as the company’s organic growth strategy in Western Australia's Goldfields has come to fruition.
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Hellyer revival to boost Tasmanian mining
Hellyer Gold Mines is set to add life to the Hellyer operation in Tasmania by reprocessing tailings from previous operations.
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Resolute secures $US100m for growth opportunities
Gold miner Resolute Mining has established a $US100 million ($135 million) revolving loan facility with Investec Australia.
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Rio Tinto secures $4.7bn Grasberg deal
Rio Tinto has agreed to sell its interest in the Grasberg copper-gold mine in Indonesia to state-owned PT Indonesia Asahan Aluminium for $US3.5 billion ($4.7 billion).
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Thiess wins $112m OZ Minerals contract at Prominent Hill
Thiess has strengthened a relationship with OZ Minerals through a $112 million contract to provide stockpile rehandle services at the Prominent Hill copper-gold mine in South Australia.
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Auroch awards South Australian contracts to DDH1
Base metals explorer Auroch Minerals has appointed DDH1 Drilling to undertake aggressive maiden drilling programs at the Arden and Bonaventura projects in South Australia.
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Dacian fast tracks Mt Morgans with $37m raising
Dacian Gold plans to raise $37 million to accelerate its exploration programs at the Westralia and Cameron Well projects at the Mt Morgans gold operation in Western Australia.
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Regis Resources posts another gold production record
Regis Resources has hit record annual production at the Duketon operation in Western Australia during the 2018 financial year.
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Sandfire Resources, Talisman Mining delay $72m Springfield acquisition
Joint venture partners Sandfire Resources and Talisman Mining are extending the execution of their deal for the Springfield copper-gold project by another week.
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Independence output at Nova hit by SAG mill issue
Independence Group (IGO) has narrowly missed guidance in the first year of production at the Nova mine in Western Australia due to a SAG mill issue last month.
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Dacian hits production target at Mt Morgans gold mine
WA-based gold producer Dacian Gold has achieved its June 2018 quarter production target, when it confirmed its 34,155 ounces (oz) production at the Mt Morgans operation in Western Australia.
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AngloGold Ashanti selects MineSuite for Sunrise Dam
AngloGold Ashanti will use MinLog’s MineSuite system to provide an underground mine management system at the Sunrise Dam operation in Western Australia.
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Perseus delivers record gold production
Perseus Mining’s transformation into a multi-mine West African gold company has gone to plan so far in 2018.
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Jobs go at Kalgoorlie Super Pit following rock fall
Kalgoorlie Consolidated Gold Mines (KCGM) has cut 36 positions at the Super Pit gold mine in Western Australia due to last month’s rock fall.
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OZ Minerals takeover of Avanco becomes ‘compulsory’
OZ Minerals will commence a compulsory takeover of Brazil-focused miner Avanco Resources after acceptances for the deal moved beyond 90 per cent.
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NRW order book tips over $2bn with latest contracts
Mining services company NRW Holdings has been on a contract winning streak this year. The company’s tender work has been so fruitful that it now has an order book at near-record levels of $2.05 billion.
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Millennium on track to hit 100,000oz gold target
Millennium Minerals is set to bring its sixth and new mining centre at the Nullagine gold project in the Pilbara region of West Australia next month, following resource grade increase in latest drilling in Redbeard oxide resource.
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Artemis and Novo JV announce $5.4m conglomerate gold exploration
Artemis Resources and Novo Resources will be injecting $5.4 million into further exploration and a work programme at the Karratha joint venture gold project.
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Northern Star hits yearly 600,000oz gold production target
Northern Star Resources successfully hit its annual production target rate of 600,000oz, following a $80 million acquisition of the 1.2Mtpa South Kalgoorlie mill and $33 million expansion in March 2018.
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Titan Minerals wins shareholder approval for Andina takeover
Peru-focused Australian miner Titan Minerals has secured 90 per cent shareholding approval for its acquisition of Andina Resources, securing finality for a takeover bid first announced in March.
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