Red 5 has hit several construction milestones at the King of the Hills (KOTH) gold project, as the emerging gold miner nears production at the Western Australian site.
Bellevue Gold’s stage two feasibility at its namesake project in Western Australia has positioned the site to become one of the world’s top operations in grade, production and financial performance.
AIC Mines has agreed to buy the Eloise copper mine in North Queensland from FMR Investments for $27 million, transforming the explorer into a producer.
Mako Gold has completed a $10 million placement on the dawn of commencing its 45,000-metre drill program across its assets in Côte d’Ivoire.
Australia has surpassed China as the largest gold producer for the first half of the year due to higher output from the country’s major miners, according to Surbiton Associates.
Boadicea Resources has completed its application for the Mt Carmel gold exploration tenement in the Drummond Basin, Queensland.
Northern Star Resources has secured a record $648 million in earnings following its merger with Saracen Mineral Holdings, paving the way for further growth across its operations.
Boadicea Resources is planning an airborne geophysical program at the Clarke Reward gold project in Queensland after the company discovered five target zones for mineralisation. Read more
Newcrest Mining has completed a pre-feasibility study for a proposed block cave development at the Cadia gold operation in New South Wales, setting the stage for a feasibility study and early works program to begin.
By Andrew Naylor, World Gold Council regional chief executive officer, APAC and public policy
2020 was a record year for gold. A combination of economic uncertainty and a low interest rate environment saw record flows into gold ETFs. Read more