Former Saracen and Northern Star boss Raleigh Finlayson is set to become managing director of Genesis Minerals following his contribution to a $20.8 million equity raising by the company.
Red 5 has sold the Siana gold project in the Philippines to TVI Resource Development for $US19 million ($26.2 million) due to its focus on gold developments in Australia.
OZ Minerals expects to make a final investment decision for the West Musgrave copper-nickel project in Western Australia during the second half of 2022.
Bellevue Gold has hit high-grade gold intersections outside of its namesake project in Western Australia, setting the stage for an upgrade to its 1.4-million-ounce resource and a mine life extension.
Celsius Resources is a major beneficiary of the decision by the Philippines to lift a nine-year ban on new mining developments in the country in an effort to boost economic recovery from the pandemic.
Northern Star Resources has restructured its joint venture (JV) with Tanami Gold at the Central Tanami project in the Northern Territory.
Newcrest managing director and chief executive officer Sandeep Biswas has flagged the importance of copper to the company’s portfolio as demand for clean energy technologies increases.
By Anthony Fensom
Strong market conditions for two key commodities mined by ASX-listed companies are set to spark an increase in exploration activity.
OceanaGold’s restart of the Didipio mine in the Philippines is running ahead of schedule with $25 million of copper-gold concentrate transported to port.
The gold industry has started to settle following record highs amid the initial outbreaks of COVID-19 in 2020, but what’s next for the precious metal?