News Articles for De Grey Mining

Miners which don't heed traditional owner concerns about water will face production constraints, costly infrastructure bills, and reputational damage, according to new research.

Diggers & Dealers' anticipated digger of the year award has gone to Ramelius Resources, while De Grey Mining has notched deal of the year as the golden run continues.

Northern Star Resources chief executive Stuart Tonkin is confident his company will find solutions to stakeholder concerns over the proposed Hemi development in the Pilbara.

A Pilbara native title body says the state government favours miners and urged Northern Star Resources to come back to the negotiating table over its wastewater plan.

Northern Star Resources is facing opposition from traditional owners over plans to discharge water from its Hemi gold project into an ephemeral Pilbara river.

The Environmental Protection Authority has recommended conditional approval of the Hemi gold project snapped up in Northern Star Resources' move for De Grey Mining last year.

Daglish-based explorer Kairos Minerals has announced former De Grey Mining chair Simon Lill has joined its board.

Gold's recent record price run has put a spotlight on two billion-dollar Pilbara gold projects amid a flurry of activity.

Northern Star Resources has narrowed its annual production guidance because of challenges at its Kalgoorlie hub but remains bullish in a record gold price environment.

Gold Road Resources has put the onus back on its Gruyere joint venture partner Gold Fields to re-engage in merger and acquisition talk, following a rejected move last month.

Shareholders in De Grey Mining have given the all-clear for Northern Star's $5 billion all-scrip acquisition to go ahead, days after Gold Road Resources announced its support.

Gold Road Resources has given its blessing for Northern Star Resources' $5 billion deal for De Grey Mining after months of remaining mum on its voting intentions.

Northern Star Resources takeover target De Grey Mining says it will continue to consult traditional owners on water, after concerns were raised over its plans at its Hemi project.

Stocks in Western Australian gold producers are rallying as the price for the precious metal holds strong above $US3,000 per ounce amid a flurry of M&A activity.

Windfall from Northern Star Resources' move for De Grey Mining has pushed the value of Gold Road Resources' listed investments to around $870,000.

De Grey Mining says an invite is still on the table for regulators to visit its Hemi gold project in the Pilbara, as the takeover target's wait for state and federal approvals continues.

Gold Road Resources management has held its cards close to its chest on its intentions around De Grey Mining, as Northern Star Resources closes in on an acquisition of the gold developer.

Northern Star Resources remains tight-lipped on its $5 billion move for De Grey Mining's Hemi gold project, which has experienced another timeline setback in its bid for federal approvals.

Gold Road Resources has reported a 27 per cent quarter-on-quarter hike in the value of its listed investments but remains tight-lipped on whether it will make a move for De Grey Mining.

Goldminer Catalyst Metals has cleared $36 million worth of inherited debt, riding the wave of gold price momentum which has led to a flurry of activity in the sector this week.

Northern Star Resources will expand its gold portfolio into the Pilbara, after striking a $5 billion deal to acquire market darling De Grey Mining and its flagship Hemi project.

GOLD WRAP: De Grey Mining has trumpeted the economics of its Hemi project in a record gold price environment, while Genesis Minerals has restarted its Laverton mill ahead of schedule.

De Grey Mining has achieved a key milestone in efforts to enhance its footprint close to the flagship Hemi gold project in the Pilbara.

De Grey Mining has invested $7 million to achieve its minimum first-stage spend at Novo Resources' Egina gold project in Western Australia's Pilbara region, with a further $18 million to be tipped in to create a joint venture operation. The earn-in is part of a required $25 million cash plunge within four years to create the 50:50 equal share at the site.

As part of an extensive exploration program at the Egina Gold Camp, Novo Resources and billionaire “prospector” Mark Creasy have stretched the strike extent at the joint-ventured Nunyerry North gold prospect in WA's Pilbara region to 500m after some solid drill hits, including 13m at 2.68g/t from 66m, 11m at 2.20g/t from 84m and 17m at 1.85g/t from 25m.

OPINION: This publication has regularly questioned the merit of the NAIF but its latest $150 million loan makes an absolute travesty of its original mandate.

De Grey Mining's push to develop its Hemi gold project has continued, after receiving provision for a $150 million loan from the Northern Australia Infrastructure Facility.

Remarks by Wayne Bramwell to Business News this time last year have proved somewhat prophetic, considering recent events in the Western Australian gold sector.

Pilbara gold developer De Grey has refused to comment around speculation that it could be the target of rival interest, saying it is focused on developing its Hemi project.

GOLD WRAP: Kalgoorlie Super Pit owner Northern Star Resources generated gold production and cash flow records last financial year, but was impacted by constraints at its Yandal hub.

Goldminer Bellevue Gold has met its production target from the second half, while fellow miner De Grey Mining progresses its Hemi gold project.

Gold developer De Grey Mining says 2.2 million ounces of regional deposits additional to its core Hemi gold resource could be used to boost the project's eventual production profile.

ASX-listed De Grey Mining has received a series of credit approved term sheets from domestic and international banks, as it pushes towards developing its Hemi gold project in the Pilbara.

Novo Resources and its respective joint venture partners De Grey Mining and industry veteran Mark Creasy are firing up the rigs with multiple gold and base metal drilling programs in Western Australia's Pilbara region. The partnerships will be plunging a combined 32,000m of drilling into the respective Becher and Nunyerry North targets in a bid to make another compelling Pilbara discovery.

Victoria Park-based explorer Raiden Resources has entered into an option agreement with Mallina Corporation, as it plans to divest its Pilbara-based Arrow gold project.

The West Perth company says the proceeds, in tandem with cash on hand, will fully fund the equity component of its $1.3 billion Hemi gold project in the Pilbara.

ASX-listed Novo Resources has announced sweeping changes at leadership level

Finland-based Metso Corporation will provide several pieces of crushing and grinding equipment for De Grey Mining's flagship Hemi gold project in Western Australia's Pilbara region.

Our board moves wrap includes Joseph Clarry, Chris Evans, Sarah Standish, Craig Nelmes, Peter Oliver, and Iain Smith.

ASX-listed De Grey Mining has been given an option to acquire the Ashburton gold project, located in Western Australia's Pilbara region, from Kalamazoo Resources.