OZ Minerals this week reached acceptances in its bid for Brazilian copper-gold miner Avanco totalling 73.9 per cent of company shares.
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Resolute to fully automate underground gold mine with Sandvik system
Resolute Mining and Sandvik have established a strategic framework to fully automate the Syama underground gold mine in Mali, West Africa.
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Gold Industry Group launches second virtual discovery trail in Kalgoorlie
The Gold Industry Group unveiled its second virtual gold trail in Kalgoorlie, Western Australia last weekend.
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OZ Minerals nears finish line of Avanco takeover
OZ Minerals $418 million takeover bid for Brazil-focused Avanco Resources is a step closer to completion after OZ declared it unconditional.
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Lion One secures $US40m for Tuvatu gold project construction
ASX-listed Lion One has secured a $US40 million ($52.4 million) debt facility in a deal with Chinese companies Sinosteel and Baiyin for development and construction of its Tuvatu gold project in Fiji, subject to due diligence.
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Alliance to develop Tennant Creek processing hub
Emmerson Resources has formed a strategic alliance with Territory Resources that will lead to the development of a processing hub to support small mines near Tennant Creek in the Northern Territory.
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Ausdrill employees safe following fatal security incident
Ausdrill has confirmed that employees from subsidiary, African Mining Services, are safe following a security incident at its contract with Hummingbird Resources at the Yanfolila gold operation in Mali.
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Kalgoorlie Super Pit rock fall threatens jobs
KCGM has conceded that a rock fall at the Super Pit gold mine this month will affect its workforce.
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First gold poured at Dalgaranga
Gascoyne Resources is Australia’s newest gold producer at the Dalgaranga project in the Murchison in Western Australia.
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South32 adds fourth project to AusQuest alliance
South32 and AusQuest have decided on the Parcoy iron-oxide-copper-gold prospect in Peru as the fourth exploration project under their strategic alliance agreement (SAA).
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Artemis recovers more Pilbara gold nuggets
Artemis Resources has submitted a programme of works (POW) with the Western Australian mines department to launch extensive drilling, trenching and bulk sampling at the Comet Well West conglomerate gold project in the Pilbara.
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Resolute Mining increases African exposure with Orca investment
Gold miner Resolute Mining will acquire a 15 per cent stake in Orca Gold through a share placement, bolstering the ASX-listed company's presence in Africa.
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Australian gold output strong despite wet weather
Australian gold production in Western Australia and Queensland has been interrupted by wet weather in the early months of 2018.
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DGO Gold launches capital raising to fund De Grey investment
DGO Gold plans to raise up to $5.99 million to fund an investment in Pilbara gold explorer De Grey Mining.
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Ausdrill maps the way to hidden gold with CSIRO tech
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.
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Rio Tinto edges closer to Grasberg deal
Rio Tinto has confirmed that PT Indonesia Asahan Aluminium (Inalum) is interested in buying its share in the Grasberg copper-gold mine in Indonesia.
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Pilbara gold companies do a deal
DGO Gold will make a strategic investment in Pilbara gold counterpart, De Grey Mining, helping it to advance assets in the region.
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Evolution JV restructure gets green light
Evolution Mining and Emmerson Resources will move forward with the proposed restructure of their joint venture in the Northern Territory.
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World Gold Council predicts gold surge in next 30 years due to China, India
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.
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St Barbara awards Leonora contract to Swift, Telstra
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.
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