Super Pit

Northern Star Resources has set up the future of the Super Pit gold mine in Western Australia with a major increase to the reserves at the historic site.

Northern Star Resources is continuing to improve the quality of its mining fleet in Western Australia, including at the Super Pit gold mine.

The Australian gold mining sector has set a new production record with 327 tonnes in 2020 despite the challenges of the year, according to gold consultants Surbiton Associates.

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.

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.

Northern Star Resources and Saracen Mineral Holdings have both delivered operational records just weeks shy of their proposed merger being completed.

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.

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 defied the impact of COVID-19 to finish the 2020 financial year with record gold sales on the back of its Australian operations.

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.

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.

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.

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.

Northern Star Resources has withdrawn its production and cost guidance for the 2020 financial year given the uncertainty caused by the coronavirus pandemic.

Saracen Mineral Holdings has awarded SRG Global a drill and blast contract worth $70 million at the Thunderbox and Carosue Dam operations.

Saracen Mineral Holdings is on course to meet its 2020 financial year production guidance of more than 500,000 ounces of gold.

Northern Star Resources has finished off the December quarter as a one million ounce per year gold producer with four Tier 1 assets.