OceanaGold has recorded a 12 per cent revenue increase quarter-on-quarter, with the performances of its Didipio gold-copper mine in Philippines and Haile gold mine in the United States exceeding expectations.
Newcrest Mining has forecast improved gold and copper production in the December quarter following a decrease in shutdown activities and the completion of a SAG mill motor replacement at the Cadia gold operation in New South Wales.
Bellevue Gold is on track to produce 200,000 ounces of gold a year at industry leading costs for the first five years at its namesake project in Western Australia after making positive progress in the September quarter. Read more
West African Resources (WAF) is set to strengthen its gold portfolio in Burkina Faso with the acquisition of a 90 per cent stake in the Kiaka gold project from B2Gold and GAMS‐Mining F&I.
De Grey Mining has secured a $125 million placement to deliver a pre-feasibility study for the Mallina gold project in Western Australia next year.
Gold Road Resources hopes to grow its development pipeline with the Lake Rebecca gold project in Western Australia after offering $166 million to acquire Apollo Consolidated.
Newcrest Mining and Greatland Gold have moved their Juri joint venture (JV) in Western Australia to its second stage, with a ramp up of exploration activity scheduled for next year.
Evolution Mining has beaten its September quarter guidance to produce 170,681 ounces of gold with a lower-than-expected all-in sustaining cost (AISC) of $1413 per ounce.
OZ Minerals has boosted its gold production guidance for the 2021-22 financial year after stockpiles at the Prominent Hill mine in Western Australia delivered higher grades.
Northern Star Resources is increasing open pit mining at the Kalgoorlie Consolidated Gold Mines (KCGM) operations in Western Australia after delivering a 72 million tonne per annum production rate during the September quarter.