Wiluna Mining Corporation has bolstered the prospects of its Wiluna Mining Centre in Western Australia after reporting a significant increase in the resource portfolio of the operation.
Prominent Hill boost guides OZ growth portfolio
OZ Minerals is buoyed by its growth prospects at the Prominent Hill mine in South Australia and West Musgrave project in Western Australia, with both recording resource boosts to June 30, 2021.
Gold straddles inflation to reach five-month high
The gold plateau of 2021 is showing signs of recovery after spot gold prices hit a five-month high last Friday, topping $US1860 ($2532) per ounce.
Newcrest adds Tier 1 mine with Pretium acquisition
Newcrest Mining has bolstered its global portfolio with the addition of the Tier 1 Brucejack gold mine in Canada, after the miner executed an agreement to acquire Pretium Resources.
Gold Road sticks to Apollo takeover offer
Gold Road Resources does not plan to improve a takeover bid for Western Australia gold explorer Apollo Consolidated after Ramelius Resources trumped its initial offer.
Fosterville continues to shine for Kirkland Lake
Kirkland Lake’s Fosterville gold mine in Victoria continues to deliver impressive results for the global company as the mine exceeded production expectations for the September quarter.
OceanaGold restarts production at Didipio
OceanaGold has achieved a major milestone at its Didipio mine in the Philippines, restarting gold and copper production after two years of inactivity at the mine.
Havieron ‘lookalike’ targets excite Greatland Gold
Greatland Gold’s new Canning and Paterson South deposits are showing promise after two Havieron ‘lookalike’ targets were identified at the Western Australia exploration tenements.
Westgold loses bid for Gascoyne takeover
Westgold Resources’ takeover hopes of Gascoyne Resources have been dashed after the Supreme Court of Western Australia approved Gascoyne’s merger with Firefly Resources.
Global gold demand drops
Worldwide demand for gold decreased in the September quarter as the industry felt the pinch of reduced exchange-traded funds (ETF) sales.