Monday, 2 February, 2015 - 11:27
Triple-treat gold revival for Cook
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.
Pantoro (formerly Pacific Niugini) owns the Halls Creek project, which it acquired from Bulletin Resources. The project consists of:
- the Lamboo (or Nicolsons) project, located approximately 35 km south west of Halls Creek
- the Golden Crown project, located near Halls Creek in the Kimberley region of Western Australia
The highly prospective area remains largely under-explored with minimal drill testing of targets outside of the existing resources.
Pantoro acquired the Norseman Gold Project located in the Eastern Goldfields of Western Australia in June 2019, and Tulla Resources in June 2023.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
124th | Adveritas | 84.66% | 8.73% |
125th | Saturn Metals | 84.62% | -12.34% |
126th | Pantoro | 82.14% | -7.91% |
127th | Nexus Minerals | 81.53% | 5.67% |
128th | Aquirian | 78.97% | 0% |
Rank | Company | # | |
---|---|---|---|
28th | ![]() |
Bellevue Gold | $298.41m |
29th | ![]() |
Fenix Resources | $264.43m |
30th | ![]() |
Pantoro | $258.87m |
31st | - | Metals X | $244.09m |
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RANKING: 30 Down from 20 in Public Companies - Resources WA list | 07 Jul 2025 |
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RANKING: 20 Up from 29 in Public Companies - Resources WA list | 01 Jul 2025 |
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RANKING: 18 Up from 19 in Gold Miners list | 07 May 2025 |
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NEWS: Tagged in Reduced production for Pantoro Gold | 28 Apr 2025 |
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NEW ROLE: Stuart Mathews, Non-Executive Director | 23 Jan 2025 |
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RANKING: 19 Down from 17 in Gold Miners list | 22 Jan 2025 |
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NEWS: Tagged in Pantoro progressing at Norseman | 07 Jan 2025 |
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NEWS: Tagged in Pantoro to sell project for $8m | 31 Oct 2024 |
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NEWS: Tagged in Gold price strength doubles Hemi NPV | 17 Oct 2024 |
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.
The past year has marked a period of major change at many of WA’s gold producers in terms of personnel and pay.
New gold mining projects under way or in advanced planning will collectively deliver more than 1 million ounces to production each year when operational.
Piers Lewis has been appointed as a non-executive director to the board of Hawkley Oil & Gas. Mr Lewis was a founding director of Talga Resources and currently serves as director and company secretary for several ASX listed companies.
Perth-based Bulletin Resources has sold its remaining 20 per cent stake in the Halls Creek gold project to Pantoro in an all-scrip deal worth $13.7 million.
SPECIAL REPORT: Blackham Resources has overcome a number of hurdles following its transition from explorer to producer, while the state’s emerging miners wrapped-up a busy 12 months.
Saracen Mineral Holdings has confirmed its status as one of the state's top 10 gold miners, after the company reached record production in the 2018 financial year, while West Perth-based Pantoro’s annual gold output was within guidance.
Gold producer Pantoro has announced a capital raising for up to $15 million as the company aims to expand production at its Halls Creek operation to 80,000 ounces in 2019.
Pantoro is set to acquire a 50 per cent stake in the Central Norseman gold project from Norseman Gold in a cash and scrip deal worth $45 million, and will raise $43 million via a share placement to fund the transaction.
Pantoro has announced it missed production targets for the June quarter, just a month after fellow local gold producers Dacian Gold and Gascoyne Resources announced adverse news to investors.
Wayne Zekulich has been appointed an independent non-executive director of Pantoro. Mr Zekulich has a broad range of experience on mergers and acquisitions, arranging and underwriting project financings, privatisations, and debt & equity capital markets.
Gold producer Pantoro announced it has completed a processing plant options review and scoping estimate at the Norseman processing facility in Western Australia.
Our board moves wrap includes Michelle Prater, Howard Golden, Steven Michael, Richard Homsany, Nathan McMahon, Michael Jefferies, and Wayne Zekulich.
Our board moves wrap includes Sarah Smith, Terry Donnelly, Mark Hancock, Tony Sage, N Baijendra Kumar, Fiona van Maanen, Michael Jefferies, Trevor Benson, Francis Lim, Hao Wen, and Wing Kee Cheng.
Gold explorer Pantoro will use $50 million raised from a share placement to accelerate exploration activity at the company’s Norseman joint venture project in the Eastern Goldfields.
ASX-listed Macmahon Holdings has secured a $250 million mining contract in Queensland and gained a $20 million extension in works in WA.
ASX-listed GR Engineering Services has secured work on Pantoro's gold project in Western Australia under a $57.2 million contract.
West Perth-based mining company Pantoro is forging ahead with its plan to revive the Norseman Gold Project, lodging a referral for the recommencement of operations with the EPA.
Goldminer Pantoro is a step closer to restarting operations at Norseman in Western Australia, having received the all-clear from the state's environmental authority.
Mineral Resources is set to spend $3 million on lithium exploration for a potential 65 per cent stake in Pantoro and Tulla Resources' jointly owned gold project in the Norseman-Wiluna belt.
Global Lithium secured new investment from Mineral Resources, Pantoro is set to bank $45 million ahead of planned first gold production, while Westgold raised $100 million to step up output.
West Perth-based mining company Pantoro is negotiating with its joint venture partner Tulla Resources to acquire 100 per cent of the Norseman gold project.
Pantoro and Tulla Resources have announced plans for an all-scrip merger of the companies to consolidate ownership of the Norseman gold project in the state's Eastern Goldfields.
Our weekly appointments wrap includes David Edwards, Laura Benger, Simon Taylor, Nathan Charles, Mark Davies, Teck Lim, Dirk Adams, Josh Robertson, Ben Bradstreet, Chris Wyhoon, Nicole Batten and Debbie Gillam.
Our board moves wrap includes Neil Rose, Glenn Whiddon, James Pearse, Peter Mullens, Sunny Loh, Kevin Maloney, Mark Maloney, Colin McIntyre, Scott Huffadine, Kyle Edwards, Gabriele Sorrento, James Allchurch, Christopher Haynes, and Joe Geagea.
Goldminer Pantoro has received firm commitments to raise $30 million to meet higher than expected costs from its merger with Tulla Resources.
Mineral Resources will purchase the lithium and base metal rights at Pantoro’s Norseman gold project under a $60 million deal adding to its acquisitive streak.
Mineral Resources boss Chris Ellison has labelled SQM's takeover of Azure Minerals as “dead in the water” while also shedding light on his lithium acquisition strategy.
Gold miner Pantoro overcame lower than anticipated production in January at its Norseman gold project to produce 19,235 ounces of gold for the March 2024 quarter, up from 18,185oz in December 2023.
Shares in gold miner Pantoro dipped early on Tuesday, following news that it plans to raise $100 million courtesy of a two-tranche placement.
Pantoro managing director Paul Cmrlec is confident the company’s Norseman gold project can eventually produce more than 200,000 ounces of gold per annum.
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.
Gold miner Pantoro has filed documents to sell its Halls Creek gold project to Kimberley Minerals Group for $8 million.
West Perth-based Pantoro is heartened by rehabilitation work of the Bullen decline within its Norseman gold project.
Production at Pantoro Gold’s Norseman gold project was slightly down throughout its March 2025 quarter.
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