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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Magnetite appoints Foraco for Razorback drilling
Magnetite Mines has hired Foraco to commence a metallurgical bulk drilling program at the Razorback iron ore project in South Australia.
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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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DDH1 formalises merger with Swick
DDH1 has signed a binding agreement with Swick’s drilling business to create a new entity that will deliver an estimated $445 million in revenue.
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De Grey raises $125 million to advance Mallina
De Grey Mining has secured a $125 million placement to deliver a pre-feasibility study for the Mallina gold project in Western Australia next year.
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Focus on gold and lithium as China sets sights on copper
It was gold price, lithium demand and China’s appetite for copper that dominated much of the discussion at Mines and Money Online Connect @ IMARC this week at the virtual event.
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Newcrest progresses Juri JV with Greatland Gold
Newcrest Mining and Greatland Gold have moved their Juri joint venture (JV) in Western Australia to its second stage, with a ramp up of exploration activity scheduled for next year.
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Premium product strengthens Razorback’s case
By Barry Fitzgerald.
Magnetite Mines technical director Mark Eames explains why the Razorback project is a standout prospect in Australia’s iron ore sector.
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Evolution ticks above September gold guidance
Evolution Mining has beaten its September quarter guidance to produce 170,681 ounces of gold with a lower-than-expected all-in sustaining cost (AISC) of $1413 per ounce.
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With inflation occupying increasing mindshare, what is gold’s strategic role?
By Andrew Naylor, World Gold Council Regional Chief Executive Officer, APAC and Public Policy
With second quarter CPI (consumer price index) in Australia jumping to its highest in more than 13
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