Super Pit
News
Newmont to uplift Australian production
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.
February 22, 2021 0 comment
Saracen says sayonara to ASX
Saracen Mineral Holdings has exited the ASX on a high after merging with fellow Super Pit operator Northern Star Resources, today reporting gold production records from its Western Australian operations.
February 10, 2021 0 comment
Northern Star, Saracen performance peaks ahead of merger
Northern Star Resources and Saracen Mineral Holdings have both delivered operational records just weeks shy of their proposed merger being completed.
January 21, 2021 0 comment
Is Aussie M&A set to rise?
Northern Star Resources and Saracen Mineral Holdings’ announcement of a $16 billion merger has brought anticipation for the rise of a new top 10 global gold producer, with signs there may be more mergers and acquisitions (M&A) in the gold sector.
November 19, 2020 0 comment
Northern Star to grow Kalgoorlie production ahead of Saracen merger
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.
October 27, 2020 0 comment
Saracen bounces back from Carosue Dam accident
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.
October 22, 2020 0 comment
Super merger: Northern Star and Saracen to join forces
Super Pit joint owners Northern Star and Saracen Mineral Holdings are set to combine, having agreed to a merger-of-equals worth $16 billion.
October 6, 2020 0 comment
Super Pit future secured by major extension
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.
August 18, 2020 0 comment
Northern Star achieves golden records amid COVID-19 challenges
Northern Star Resources has defied the impact of COVID-19 to finish the 2020 financial year with record gold sales on the back of its Australian operations.
July 23, 2020 0 comment
Kalgoorlie-Boulder takes rare opportunity to expand legacy
Kalgoorlie-Boulder is one of, if not the most famous mining centre in Australia, with a golden history dating back to the 1890s. Australian Mining looks at what its future holds in the rare earths sector.
July 14, 2020 0 comment
Saracen brushes virus aside with record production
Saracen Mineral Holdings has finished the 2020 financial year with record production of 520,414 ounces of gold, beating its guidance of 500,000 ounces.
July 8, 2020 0 comment
Northern Star keeps Pogo moving amid COVID-19
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.
July 8, 2020 0 comment
High Aussie gold prices contribute to lower production: Surbiton
Australian gold production fell by 10 tonnes, or 12 per cent from the previous quarter during the March period, according to gold consultants Surbiton Associates.
June 1, 2020 0 comment
Northern Star gold production impacted by pandemic
Northern Star Resources has withdrawn its production and cost guidance for the 2020 financial year given the uncertainty caused by the coronavirus pandemic.
March 26, 2020 0 comment
SRG Global wins $70m contract with Saracen
Saracen Mineral Holdings has awarded SRG Global a drill and blast contract worth $70 million at the Thunderbox and Carosue Dam operations.
March 16, 2020 0 comment
Super Pit leads Saracen to record production
Saracen Mineral Holdings is on course to meet its 2020 financial year production guidance of more than 500,000 ounces of gold.
February 17, 2020 0 comment
Northern Star delivers ‘remarkable’ quarter
Northern Star Resources has finished off the December quarter as a one million ounce per year gold producer with four Tier 1 assets.
January 29, 2020 0 comment
Saracen thunders to record December production
Saracen Mineral Holdings has “entered the next league of Australian gold miners” after a record December 2019 quarter, according to company managing director Raleigh Finlayson.
January 28, 2020 0 comment
Northern Star becomes Super Pit joint owner
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.
January 6, 2020 0 comment
Northern Star locks in funding for Super Pit buy
Northern Star Resources has secured $765 million from shareholders to help fund its $US800 million ($1.17 billion) acquisition of Newmont Goldcorp’s share in Kalgoorlie Consolidated Gold Mines (KCGM).
December 19, 2019 0 comment