Leading mining executives have weighed in on the Pilbara unionisation battle, with bosses at BHP and Northern Star warning industrial relations policy settings could stifle investment.
The price of gold saw out the work week above US$3,000 per ounce, driven to all-time highs amid a bull run fueled by global economic and geopolitical uncertainty.
Northern Star Resources has lauded a record half, in which the goldminer generated cash earnings of $1.1 billion and returned an all-time high dividend.
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.
An extension of the Super Pit's mine life has been waved through by the environmental watchdog but with strict noise and dust rules for the operation on the edge of Kalgoorlie-Boulder.
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.
The WA Liberal Party has made more from donations this financial year than WA Labor, but levies and union fees have the latter's coffers well ahead in the lead up to the state election.
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.
Newmont Corporation shares have lost almost 20 per cent of their value in two days, as concerns over costs at the world's largest goldminer continue to weigh on the business.
Management at Kalgoorlie Superpit owner Northern Star Resources has hailed the company's “exceptional” financial position, amid a record Australian gold price environment.
In this edition of Bulls N' Bears Big Hits, we examine some of the more notable drill intercepts revealed on the ASX, including African Gold's 33m at 2.4g/t gold at its Didievi project in Cote d'Ivoire. We also take a close look at other interesting drill hits from last week as reported by Nexus Minerals and Great Southern Mining, both from WA's Goldfields region.
In this week's edition of Bulls N' Bears Big Hits, we examine some notable drill intersections revealed on the ASX, including Solstice Minerals' solid gold reveal after air-core drilling in WA. We also take a look at drill hits from last week as reported by Peel Mining from its Cobar South projects in NSW, Sun Silver in Nevada and Cauldron Energy in WA's North West.
Kalgoorlie Superpit owner Northern Star Resources made an after-tax profit of $639 million last financial year, as it rode the wave of a record Australian dollar gold price.
Remarks by Wayne Bramwell to Business News this time last year have proved somewhat prophetic, considering recent events in the Western Australian gold sector.
The state government will take tighter control of the Perth Mint, bringing its operator Gold Corporation further in-house in a move celebrated by the state's largest producer.
Northern Star Resources boss Stuart Tonkin says there's decades of mine life left in the famed Golden Mile, as it further develops its underground assets.
Horizon Minerals has established a hefty gold-silver resource after completing a merger with Greenstone Resources, covering the new entity's entire holdings in Western Australia's Goldfields region. The company says it now boasts a resource inventory of 1.8 million ounces of gold and 20 million ounces of silver and is now poised to generate accelerated cash flow from multiple gold deposits near Kalgoorlie.
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.
Strickland Metals has homed in on a powerful near-surface anomaly as part of a survey being run at the Obradov Potok prospect within its Rogozna gold and base metals project in Serbia. The preliminary induced-polarisation survey has unearthed a target that starts 100m below the surface and extends along a 400m strike length, suggesting a potentially significant new mineral deposit is taking shape.
ANALYSIS: When Mark McGowan launched the $750 million Resources Community Investment Initiative more than 18 months ago, nobody expected an upgrade of Paraburdoo hospital would be its inaugural project.
Our weekly appointments wrap includes Michael Ashforth, Tony McClure, Dean Horton, Monique Connolly, Shannon Coates, James Hopkins, Jared Dimbleby and Alex Biddulph.
Strickland Metals has launched into a new exploration campaign at its 5.44 million-ounce gold equivalent Rogozna project in Serbia, with two rigs kicking off a planned 60,000m of drilling and another two on the way. The infill, extensional and scout probing strategy devised by the company will be the biggest program ever committed to the project.
West Perth-based Black Cat Syndicate has announced plans to raise $36 million in a bid to restart operations at its Paulsens gold operation in the Pilbara.
Strickland Metals says it has delivered samples from its first three diamond drillholes in Western Australia's Yandal gold belt to the laboratory for assay, while reverse-circulation and diamond drilling is continuing. The company says it expects assay results to be returned in June. All three holes were drilled at Palomino, with two being put into the existing mineral resource for structural information.
A second drill rig has rolled onto Strickland Metals' Yandal project in WA's Eastern Goldfields region to target high-grade gold intercepts from last year's reconnaissance drilling program that pulled up 39m averaging 6.1g/t, including a 7m core running at 22.2g/t of the precious yellow metal. It is back to business for Strickland after it yesterday confirmed the acquisition of a giant Serbian gold project.
Rising cost pressures and a soaring gold price have resulted in Northern Star Resources revising its all-in sustaining cost guidance for the 2024 financial year.
Shares in mining exploration company Solstice Minerals rose by 50 per cent on Tuesday, following news it will divest an 80 per cent stake in its Hobbes exploration licence to Northern Star Resources.
A doctor, prospector, chemicals company owner, car salesman, and business legend were among prominent Western Australians who donated to Voice campaigns last year.
After selling the Millrose gold project for $61 million last year, Strickland Metals says its latest gold drill hits at its Celia South prospect out in the WA desert show geological potential for a similar operation. The company says results from maiden reconnaissance air-core drilling at the Warburton Mineral Field site include grades of up to 8.6 grams per tonne gold.
