Norton Gold Fields has committed $40 million for the development of its Enterprise open pit project, which will be the next base load operation for the company's Paddington mill near Kalgoorlie.
The board of Norton Gold Fields has approved a $38 million capital investment to move to an owner-operator model at its Paddington gold operation near Kalgoorlie.
Four years on from the collapse of Lehman Bros, it is disturbing to realise the finance sector has reverted to tight credit conditions akin to the GFC.
‘UNPRECEDENTED' would be an apt word to describe demand for the services of family owned and operated Wallis Drilling, which has done surface drilling work for some of the biggest open-pit miners s
GOLD miner Norton Gold Fields is aiming to reduce costs at its Paddington operations near Kalgoorlie during the second half of the 2012 financial year to better compete with its low-cash peers.
Norton Gold Fields says it has reduced its debt to $51 million, after making a voluntary $15 million payment against its finance facility with Merrill Lynch.
Norton Gold Fields has completed the sale of its Sienna and Electra coal projects in Queensland to coal magnate Nathan Tinkler's Boardwalk Resources subsidiary, Boardwalk Sienna.
Less than five months after going to market for extra equity, miner Norton Gold Fields today says it has raised $20 million through a private placement to a Chinese entity.
A difference of opinion over the direction of Norton Gold Fields has resulted in managing director Jon Parker leaving the company, while chief financial officer Simon Brodie has also resigned.
WA gold miner Norton Gold Fields' legal dispute with Lehman Brother over its gold hedge book has been delayed after administrators of the collapsed investment bank requested an adjournment.
Brisbane-based Norton Gold Fields Ltd will move to acquire the remaining shares in West Perth-based Bellamel Mining Ltd after its friendly takeover offer closed yesterday.
Gold miner Norton Gold Fields Ltd will drop its litigation claims against Alinta for lost production arising from the gas crisis, as power prices agreed to by both companies return to normal levels.
