Evolution Mining has set a path to increase its annual gold production to more than 900,000 ounces over the next three years with development of the Cowal underground mine in New South Wales now approved.
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OceanaGold locks in 25-year Didipio mine lease
OceanaGold plans to ramp up operations at the Didipio underground gold-copper mine within 12 months after securing a 25-year mine lease renewal from the Philippine Government.
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Mincor hits massive nickel sulphides near Kambalda
Mincor Resources has intersected nickel sulphides during the early stages of a significant drilling program between the Long and Durkin mines in Western Australia.
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Sandfire taps into bullish copper market with revenue spike
Sandfire Resources has earned $813 million in revenue for the 2021 financial year after its copper production at the DeGrussa mine in Western Australia beat expectations.
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WoodMac expects iron ore prices to fall in second half
Wood Mackenzie has forecast that lower Chinese demand will be the driving factor that causes iron ore prices to decrease by more than 10 per cent in the coming months.
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Leading mining companies drop in value during June
The market value of the world’s top 25 metals and mining companies has declined by 6.9 per cent in June after two straight months of increases, according to S&P Global Market Intelligence data.
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Chalice to focus on Julimar with gold demerger
Chalice Mining is pursuing a demerger of its Australian gold assets, including the Pyramid Hill project in Victoria, to increase focus on the high-grade Julimar nickel-copper-platinum group elements (PGE) project in Western Australia.
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Mako drives Napiè exploration with $10m raising
Mako Gold has secured binding commitments to raise $10 million to charge an accelerated exploration program and growth strategy at the Napiè gold project in Côte d’Ivoire, West Africa.
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Alkane beats gold guidance with Tomingley output
Alkane Resources' have beaten expectations at the Tomingley Gold Operations in New South Wales, as the company surpassed its production guidance for the 2021 financial year.
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Poseidon peaks with Golden Swan nickel hits
Poseidon Nickel has reported one of its best high-grade intersections yet during the current drill program at the Golden Swan nickel sulphide discovery in Western Australia.
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