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.
The Kalgoorlie Super Pit gold mine in Western Australia is being expanded for the first time in nearly a decade.
KCGM has slashed 140 positions from its workforce at the Kalgoorlie Super Pit gold mine in Western Australia after restructuring operations to reflect the impact of May’s rock falls.
Drilling contractor Swick plans to establish a deep exploration division within the company that will make use of powerful new deep hole drilling kits.
The Super Pit rock falls have caused joint owner Newmont Mining to reduce its Australian gold production guidance to between 1.4 and 1.6 million ounces in 2018.
Ausdrill’s shares have dropped by a quarter this week due to ongoing contract negotiations regarding the Wodgina project, as well as delays arising from the rock fall at the Kalgoorlie Super Pit in the Goldfields, both in Western Australia.