BGC Contracting has been awarded a $30 million contract to develop the Ramone Gold Project for Northern Star Resources, a week after BGC confirmed it would still seek to sell the contracting business.
The federal government has today announced new and renewed appointments to its Takeovers Panel including Perth-based John McGlue, Shirley In't Veld and Denise McComish.
Evolution Mining has purchased a 19.9 per cent stake in Tribune Resources, which holds a major interest in the East Kundana project operated by Northern Star Resources.
Northern Star Resources has a declared an interim dividend of 6 cents per share, up 1.5 cents per share on its previous dividend, after its recently acquired Pogo gold mine in Alaska underpinned strong growth for the six months to December.
Northern Star Resources' full-year production guidance remains unchanged at a healthy 850,000-900,000 ounces, but its shares slumped today after it flagged a lift in all-in sustaining cost guidance.
Leaders interviewed for the annual Business News CEO survey suggest that forward-looking decisions on energy policy and tax will be vital for WA's future prosperity.
Gold miners with Western Australian operations are providing a strong return to investors, making up 35 per cent of the top 20 performing stocks in the S&P/ASX 200 for the past three months.
The final months of 2018 hit investors in Western Australian stocks hard, with the Business News index of 30 local ASX-listed companies falling 13.3 per cent.
Northern Star Resources has been knocked back in its $150 million bid to acquire a near-half stake in the East Kundana gold mine from its joint venture partners Tribune Resources and Rand Mining, which say the offer significantly undervalues the asset.
Echo Resources has signed a letter of intent to award two mining contracts to MACA for its Yandal gold project near Leinster, while also announcing a $6.5 million capital raising backed by major shareholder Northern Star Resources.
Zenith Energy has amended its power purchase agreement with Northern Star Resources to add a further 6-megawatts to its power station at the Jundee gold mine.
ANNIVERSARY SPECIAL: WA's mining industry has undergone a dramatic transformation over the past quarter of a century, with iron ore replacing gold as the state's most valuable commodity.
Dreamscape Networks is pleased to announce that it has entered into a Binding Heads of Agreement to acquire 100% of Hong Kong based hosting and domain business PacHosting from privately held Pacifi
SPECIAL REPORT: The state's gold industry is planning to invest more than $1 billion in exploration and development to sustain continued modest growth in production.
SPECIAL REPORT: WA's 30 gold miners achieved a small increase in aggregate output last year with the state's biggest producer, Newmont Mining, making up about a sixth of this at 1.1m ounces, research by Business News has found.
Coolgardie Minerals has signed off on an ore sales agreement that will see the company deliver up to 100,000 tonnes of ore in small parcels to processing facilities at Northern Star Resources' South Kalgoorlie operations for toll treating over a six-month period, beginning in October. The agreement locks in a gold price of A$1,650 per ounce, potentially generating more than A$10m in revenue for Coolgardie from the agreement.
Newly-listed Coolgardie Minerals has signed an ore sale agreement with Northern Star Resources for production from its Geko gold mine, which is set to come online next month.
Northern Star Resources has announced the acquisition of a gold mine in Alaska for $US260 million ($347 million) from Japanese group Sumitomo, along with a $175 million share placement to fund the purchase.
Police in Western Australia have revealed the elaborate lengths thieves went to in a bid to steal gold from Northern Star Resources' Kanowna Belle mine near Kalgoorlie.
Three Western Australian gold miners have outlined their growth plans, with Saracen Mineral Holdings announcing a 20 per cent increase in reserves, Northern Star Resources unveiling a $60 million exploration budget, and Red 5 targeting annual production of more than 100,000 ounces.
Northern Star Resources has reported above-guidance gold production for the year to June, with plans to expand output beyond 600,000 ounces in 2019, while Blackham Resources posted improved results for the half year to June.
Swick Mining Services has announced two contract extensions worth about $80 million, including a renewal at Northern Star Resources' Jundee gold mine near Wiluna.
Tanami Gold says it will exercise a put option forcing Northern Star Resources to buy a 15 per cent stake in the junior miner's Central Tanami project for $20 million, after the Bill Beament-led company said it had not reached commercial production at the joint venture mine.
Gold producer Northern Star Resources has hit its gold production rate target for 2018, while Doray Minerals has announced an increased production guidance for the 2019 financial year.
Gold miner Northern Star Resources has posted a steady quarterly result, with the company confident it will hit its 2018 output target of 600,000 ounces per annum.
The WA School of Mines should include new disciplines and postgraduate degrees to insulate it from the cyclical resources economy, and help it become a global leader in its field, according to three former students who are now industry leaders.
Westgold Resources Limited is pleased to advise that completion of the sale of the South Kalgoorlie Operations (SKO) to Northern Star Resources Limited as announced on 8 March 2018 occurred on 29 M
Gold miner Northern Star Resources has agreed to purchase the South Kalgoorlie mine from Westgold Resources in a cash and scrip deal worth $80 million.
Local gold producer Saracen Mineral Holdings has announced an impressive rise in net profit for the half-year, while Northern Star Resources has recorded a slight dip in earnings in its results.
Mineral Resources founder Chris Ellison has raised $36.9 million from the sale of some of his shares in the mining services group, adding to a string of big share sales by WA company directors who have cashed in on strong market rallies.
Proceeds raised during last weekend's Mining Emergency Response Competition Mining Emergency Response Competition in Perth have gone towards an emergency responder wellness app developed by support services provider Holyoake.
Gold miner Northern Star Resources has posted a comfortable quarterly result, with funds committed to expand production beyond its 2018 output target of 600,000 ounces per annum.
Mining contractor Barminco has reported a $98.7 million net loss for the 12 months to June, with contract issues during the year partially offset by improved performance in its Africa-focused joint venture.
Ten gold sector leaders spoke in unison today about the damage they believe will flow from the state government's hike in royalties, and also made clear they are targeting the Liberal Party to block the change.
Junior miner Tanami Gold has entered into an agreement for the sale of its Western Tanami gold project in the Northern Territory to Northern Star Resources for $4 million in cash.
