Westgold Resources has announced that the Fender gold deposit will be its next underground mine in the Cue area of Western Australia.
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Fosterville continues to shine for Kirkland Lake
Kirkland Lake’s Fosterville gold mine in Victoria continues to deliver impressive production levels for the global company.
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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.
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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.
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Global gold demand drops
The worldwide demand for gold decreased in the September quarter as the industry felt the pinch of reduced exchange-traded funds sales.
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Didipio drives up OceanaGold revenue
OceanaGold recorded a 12 per cent revenue increase for the September quarter, with the performance of its Didipio mine exceeding expectations.
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Newcrest eyes gold and copper boost
Newcrest Mining has forecasted improved gold and copper outputs in the December quarter with decreased planned shutdown activities expected.
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Bellevue cements position as future gold producer
Bellevue Gold is on track to produce 200,000 ounces of gold a year at industry leading costs for the first five years at its namesake project in Western Australia after making positive progress in the September quarter.
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B2Gold sells Kiaka to West African Resources
West African Resources (WAF) is set to strengthen its gold portfolio in Burkina Faso with the acquisition of a 90 per cent stake in the Kiaka gold project from B2Gold and GAMS‐Mining F&I.
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OZ Minerals determines Wollongong JV exploration spend
OZ Minerals has completed due diligence at the Wollongong copper farm-in and joint venture (JV) with Resolution Minerals in the Northern Territory, revealing it will spend $4.9 million on exploration at the project over five years.
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