News Articles

Financial Services 28 Apr 2015

Higher gold price boosts local miners

Shares in local gold miners have dominated on the ASX today after the spot price for the precious metal jumped by over 2 per cent overnight to $US1,203.30 an ounce

Deals 24 Feb 2015

Former Mutiny MD joins Mungana

Mungana Goldmines shares closed 20 per cent higher today on news former Mutiny Gold managing director Tony James would be the company's new boss.

Mining 30 Sep 2014

Metals X signs $40m gold pre-pay deal

West Perth-based miner Metals X has completed a $40.4 million pre-pay arrangement with Citibank for the production of over 30,000 ounces of gold.

Mining 26 Aug 2014

Metals X lifts by 332%

West Perth-based miner Metals X has reported a 332 per cent full-year profit increase to $37.4 million, alongside a 247 per cent surge in revenue to $238.6 million.

Financial Services 01 Jul 2014

Gold miners wrestle strong $A

Western Australia's gold producers continue to suffer at the hands of a strengthening Australian dollar, with more job losses revealed across the sector last week.

Mining 22 Apr 2014

Metals X boosted by royalty restructure

Shares in West Perth-based miner Metals X have closed higher after the company announced it had negotiated a restructured royalty agreement at its Higginsville gold operations.

Appointments 03 Feb 2014

Northern Star recruits new managers

Northern Star Resources has announced an expansion of its management team following two major acquisitions in the gold mine sector.

Mining 24 Jan 2014

Deals breathe life into gold sector

The value of mergers and acquisitions in the Western Australian gold sector over the past 12 months has reached close to $650 million, analysis by Business News has found.

Deals 21 Jan 2014

Saracen buys Thunderbox for $23m

Saracen Mineral Holdings has purchased the Thunderbox gold project from Norilsk Nickel for $23 million, in a deal which could double the company's production to up to 270,000 ounces per year.

Deals 24 Sep 2013

Metals X acquires Alacer's mines

Toronto-based gold miner Alacer Gold has agreed to sell its Australian operations to a subsidiary of Perth-based explorer Metals X for $40 million.

Mining 13 Aug 2013

Alacer Gold to put local operations on ice

Toronto-based gold miner Alacer Gold has appointed a new chief executive and will place its Australian operations into care and maintenance over the next 18 months, as it continues to seek a buyer

Mining 31 Jul 2013

Three miners announce $880m of writedowns

The number of mining industry players taking significant hits to the value of their assets continues to grow, with gold miners Alacer Gold and Silver Lake Resources joining base metals miner Wester

Video 15 Mar 2013

Daily Wrap - 15/03/13

Mining 28 Feb 2013

Sedgman signs $90m gold deal

Engineering company Sedgman has signed a $90 million contract to design and build a new gold processing plant near Kalgoorlie for La Mancha Resources.

Mining 11 Feb 2013

Alacer sells gold mine stake for $166m

Shares in one of Australia's largest gold companies, Alacer Gold, have shot up after it announced its sale of interests in the Frog's Leg gold mine near Kalgoorlie for US$171 million ( million).

25 Oct 2011

Alacer commits $25m to South Kalgoorlie

Alacer Gold says it will spend $25 million on the construction of a new mill, the recommencement of open pit operations at three pits, and ongoing feasibility studies as part of the first stage of

News Articles for Alacer Gold Corporation

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