Red 5 is set to rouse a Western Australian gold mine following the completion of its King of the Hills final feasibility study (FFS).
Red 5 remains on track to complete the final feasibility studies for the King of the Hills gold mine in Western Australia during the September quarter.
Red 5 has reached an option agreement and sale and purchase agreement with Terrain Minerals to acquire the great western gold deposit in Western Australia for $2.5 million.
Red 5 has made a $125 million share placement to investors to support the development of its King of the Hills (KOTH) gold project in Western Australia’s Eastern Goldfields.
Red 5 and Northern Star have celebrated anniversaries at the Darlot and Kanowna Belle gold mines.
Western Australian gold company Red 5 has finalised its acquisition of the Darlot mine and the King of the Hills project in the state’s Eastern Goldfields.
Gold aspirant Red 5 has snapped up a pair of operations for $34.5 million to set up its growth strategy in the Eastern Goldfields of Western Australia.
Philippines President Rodrigo Duterte has attacked mining companies operating in the country, saying he will “tax you to death” for not protecting the environment.
Uncertainty surrounding the mining policy in the Philippines has led Australian-based Red 5 to suspend operations at the Siana gold project.
A cease and desist order has been lifted from Siana Gold processing operations by the Philippine’s Mines and Geoscience Bureau.