Northern Star Resources has shed the Paulsens and Western Tanami gold projects from its portfolio after divesting the assets to Black Cat Syndicate for $44.5 million.
Gold Road Resources has made a recommended off-market takeover offer to acquire all ordinary shares in DGO Gold.
Genesis Minerals has increased the mineral resource of its Leonora gold project in Western Australia to two million ounces (oz), positioning it as ‘a central player’ in the renowned Leonora gold district.
AngloGold Ashanti chief executive officer Alberto Calderon is comfortable with the current size of the gold company after acquiring Corvus Gold in January.
Words by Anthony Fensom.
Australia’s gold industry is tipped for continued growth, propelled by new gold mines and existing expansions. Soon enough, output is expected to top 374 tonnes.
Gascoyne Resources has wiped off half its debt with major shareholder Deutsche Balaton AG after experiencing strong gold production in January and February.
Westgold Resources has executed a $100 million placement as the company looks to realise a further 400,000 ounces of annual gold production in the 2024 financial year (FY24).
Rio Tinto is after a full stake in Canada’s Turquoise Hill Resources after proposing to acquire the remaining 49 per cent interest the major miner doesn’t currently own.