KCGM

Northern Star Resources will consider one of three options to expand its mill at KCGM (Kalgoorlie Consolidated Gold Mines). Located in Kalgoorlie, Western Australia, KCGM is one of the world’s largest and most significant gold mines with a mineral resource of 27.4 million ounces and an ore reserve of 11.9moz. The company said growth options … Continue reading Northern Star considers three options for KCGM expansion →

Northern Star has solidified the power supply to the Kalgoorlie Consolidated Gold Mines (KCGM), taking the option to purchase Newmont Corporation’s power business.

Northern Star Resources is confident of the role the Kalgoorlie Consolidated Gold Mine (KCGM) operations will play in its goal to become a two million ounce per year gold producer. 

Northern Star Resources has had a 3.3 megawatt re-deployable solar farm commissioned at its Carosue Dam gold operations in Western Australia.

Northern Star Resources is seeing the early signs of cost savings and productivity gains from the merger with Saracen Mineral Holdings as it progresses towards producing 2 million ounces of a gold a year.

Newmont expects to produce over 1.3 million ounces of gold from its Australian operations this year, with the Boddington gold mine in Western Australia as the top contributor.

Northern Star Resources has continued to grow its production rate at the Kalgoorlie gold operations, with the company anticipating a 40 per cent rise over the next three years as it inches closer to finalising its merger with Saracen Mineral Holdings.

Saracen Mineral Holdings has achieved record production at the Carosue Dam gold mine in Western Australia, boosting the company’s position to meet the 2021 fiscal year guidance.

Super Pit joint owners Northern Star and Saracen Mineral Holdings are set to combine, having agreed to a merger-of-equals worth $16 billion.

The iconic Super Pit mine in Kalgoorlie, Western Australia is set for another 15 years of production with an updated gold resource of 19 million ounces.

Northern Star Resources has maintained full employment at the Pogo gold mine despite encountering 36 confirmed cases of COVID-19 in the Alaskan mine’s workforce.

Newmont has reported a more than ninefold rise in earnings in the first quarter of this year, a period that included a number of activities that impacted its Australian operations.

Northern Star Resources has completed the acquisition of a 50 per cent stake in the Super Pit previously held by Newmont Goldcorp, joining Saracen Mineral Holdings as owners of the Western Australian site.

Newmont Goldcorp is set to contribute 1.5 million ounces of production from its Australian operations next year.

Saracen Mineral Holdings has successfully completed its acquisition of 50 per cent interest in the Kalgoorlie Super Pit from Barrick Gold Corporation.

Saracen Mineral Holdings has secured funding that it needs to acquire Barrick Gold’s 50 per cent interest in the Super Pit gold mine in Western Australia for $US750 million ($1.1 billion).

Saracen Mineral Holdings has emerged as the successful bidder for Barrick Gold’s 50 per cent interest in the Super Pit gold mine in Kalgoorlie, Western Australia.

Kalgoorlie Consolidated Gold Mines (KCGM) has followed the lead of joint venture owner Newmont Goldcorp by providing generous parental or adoption leave, regardless of gender.

Mitchell Services has materially expanded into Western Australia through a contract win with the Newmont Australia and Barrick Gold joint venture (JV), Kalgoorlie Consolidated Gold Mines (KCGM).

Newmont Mining expects to produce 1.5 million ounces of gold in Australia in 2019 due to lower mining rates at the Super Pit and continued stripping at Boddington in Western Australia.