Newcrest Mining says it has contained a breakthrough of tailings material at the Cadia gold mine in New South Wales after it was forced to suspend operations at the site last Friday.
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Australia tops the world in nine commodities
Federal Government statistics have been released showing that Australia has the world’s largest identified resources in nine major mineral commodities.
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Australian gold sector posts highest annual output since 1999
Australian gold output reached its highest mark since 1999 last year, maintaining the country’s place as the world’s second largest producer behind China, the latest data from Surbiton Associates has revealed.
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Newcrest named in top 10 global gold companies
According to the World Gold Council (WGC), these were the top-performing gold companies globally in 2017, measured in terms of produced ounces (oz).
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Artemis secures key licences in Pilbara
Gold hopeful Artemis Resources has been granted two exploration licences in the Pilbara that surround the company’s Radio Hill operations and link its tenements to joint venture partner Novo Resources’ Comet Well project.
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Downer secures $600m contract at BMA coal mine
Downer EDI has been awarded a $600 million contract to provide mining and related services at BHP Billiton Mitsubishi Alliance’s (BMA) Blackwater coal mine in Queensland.
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Gold Road signs financing deal for transition to producer
Gold Road Resources has been granted a $100 million revolving corporate facility and $50 million dedicated working capital facility from a financing syndicate.
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Newcrest buys $US250m chunk of Lundin Gold
Australian gold company Newcrest Mining is investing $US250 million ($318.9 million)in Toronto-listed Lundin Gold, which is developing the Fruta del Norte mine in Ecuador, South America.
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St Barbara explores new Gwalia mining strategy
Gold miner St Barbara is investigating a change in its mining and haulage methods at the historic Gwalia mine in Western Australia.
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Primary Gold backs $37.5m Hanking takeover offer
China’s Hanking has launched a $37.5 million takeover offer for explorer Primary Gold that has been recommended by the target's board.
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Caterpillar forms underground tech collaboration with Minetec
Caterpillar and Minetec have established a global licensing, technology development and marketing agreement targeting hard rock mining challenges.
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Stronger US dollar pushes gold price lower
The gold futures price fell by $US25.10 ($31.87), or 1.9 per cent, to $US1331.20/ounce in Tuesday’s trading.
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Northern Star’s Jundee operation set for additional 10-year mine life
Northern Star has posted its half-year results, and while profits were down slightly the feeling is positive overall due in part to exciting exploration results.
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Evolution-Emmerson plan restructure of Tennant Creek JV
Evolution Mining and Emmerson Resources are set to restructure their Tennant Creek Mineral Field (TCMF) joint venture in the Northern Territory.
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Mincor keeps Widgiemooltha gold production on schedule
Mincor Resources is on track to start full-scale mining operations at the Widgiemooltha gold project in Western Australia this quarter.
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Millennium to launch underground mine, awards contract
Millennium Minerals has awarded an underground mining contract at it Nullagine gold project in Western Australia to GBF Underground Mining.
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Newcrest profits drop 48% due to Cadia earthquake, Aussie dollar strength
Gold miner Newcrest Mining has released its half-year results, posting a statutory profit of $98 million and underlying profit of $116 million as it produced 1.14 million ounces (Moz) of gold.
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Dacian delivers third Mt Morgans discovery seven weeks from first gold
Dacian Gold has confirmed the Cameron Well prospect as the “third significant gold discovery” at its Mt Morgans gold project near Laverton in Western Australia.
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Zenith to energise Newmont’s Tanami gold mine
Zenith Energy has executed a power purchase agreement (PPA) to build, own and operate a 62MW power station for Newmont Mining’s Tanami gold mine in the Northern Territory.
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‘Freak storm’ halts Westgold operation
Westgold Resources expects to lose about a week of production at its Central Murchison gold operation in Western Australia following a severe storm last weekend.
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