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.
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.
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 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 Resources does not plan to improve a takeover bid for Western Australia gold explorer Apollo Consolidated after Ramelius Resources trumped its initial offer.
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 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.
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 Resources’ takeover hopes of Gascoyne Resources have been dashed after the Supreme Court of Western Australia approved Gascoyne’s merger with Firefly Resources.
Worldwide demand for gold decreased in the September quarter as the industry felt the pinch of reduced exchange-traded funds (ETF) sales.