News Articles for Peter Cook

New gold mining projects under way or in advanced planning will collectively deliver more than 1 million ounces to production each year when operational.

Gold is a rare bright light in the mining industry, with major changes during the past two years to be followed by the opening of multiple new mines and more M&A deals. Click through to find the special report, which ranks WA producers, and looks at Gold Corp, executive pay, and new gold projects.

RNI shares leapt this morning on news that the company is selling its Grosvenor gold project to Metals X in a scrip deal that will help the company refocus on its copper assets.

Local miner Metals X has reached an agreement with Northern Mining to acquire the Georges Reward gold project at Bulong in Western Australia for a cash sum of $4.5 million.

Aziana was one of three Perth exploration companies to release details today of plans to leave the resources sector behind, through reverse takeovers of businesses in sectors as diverse as artificial intelligence, medical cannabis and e-commerce.

West Perth-based miner Metals X has hit back at Northern Star Resources' bid for Tanami Gold's Central Tanami project with claims that the deal conflicted with legally-binding obligations.

Metals X has agreed to acquire a 25 per cent stake in Tanami Gold's Central Tanami gold project in the Northern Territory for $11 million in cash and 4 million shares.

The strong rise in the Australian dollar gold price has encouraged gold companies to press ahead with low-cost mine developments, despite uncertainty over royalties.

Metals X is aiming to become one of Western Australia's biggest gold miners after announcing updated plans to develop its Central Murchison project, with mining to set to commence in July this year.

Tin and gold producer Metals X will reward shareholders with an $11 million dividend, the first since the company was listed over a decade ago.

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.

Metals X has been forced to increase the price it is paying for Reed Resources' Meekatharra gold project to $9.9 million after administrators announced a surprise competing bid had been lodged just before a creditors meeting on Thursday.

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.

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.

Metals X has become the latest Western Australian exploration play to down tools because of prevailing pessimism in the sector, suspending work on a definitive feasibility study at its Wingella nic

ORBITAL Engine Corporation has achieved two major breakthroughs this month, removing dark clouds hanging over the company's future.