R/€ = 15.90 Change: -0.01
R/$ = 14.07 Change: 0.00
Au 1320.93 $/oz Change: 5.93
Pt 805.07 $/oz Change: 17.61


Warman slurry pump celebrates 80 years of innovation

15th June 2018 Technology and services provider Weir Minerals has celebrated 80 years of innovation with the Warman slurry pump, which remains one of the most popular high wear slurry pumps on the market. In honour of the brand, Weir celebrated at the end of May, at an event in Kalgoorlie, Western Australia.... 

Mincor starts preproduction activities at WA gold project

By: Simone Liedtke     19th February 2018 The board of ASX-listed Mincor Resources has approved preproduction activities at its Widgiemooltha gold project (WGP), in Western Australia. The start of the preproduction activities will ensure that the company remains on track to be able to progress to full-scale mining operations at... 

Spitfire concludes Aphrodite acquisition, confirms mineral resource

By: Natasha Odendaal     25th January 2018 ASX-listed Spitfire Materials has completed its acquisition of the Aphrodite gold project and its 2012 Joint Ore Reserve Committee- (Jorc-) compliant 1.3-million-ounce gold resource, some 65 km north of Kalgoorlie, Western Australia. Following its successful merger with ASX-listed Aphrodite Gold... 

Southern Gold, Westgold in deal to develop Cannon underground mine

By: Natasha Odendaal     23rd January 2018 Australian gold producer Southern Gold has entered an agreement with development partner Westgold Resources for the underground development phase at the Cannon gold mine, near Kalgoorlie, Western Australia. Westgold will pay Southern Gold A$1.5-million upfront for a five-year right-to-mine within... 

Tyranna to start surface drilling at Eureka gold mine

By: Mia Breytenbach     18th January 2018 ASX-listed Tyranna Resources will next week start surface drilling at its Eureka gold mine, north of Kalgoorlie, Western Australia, to follow up a compelling surface lateritic gold target discovered during a recent field mapping exercise. The mine, which Tyranna is acquiring from Canada-listed... 

Mining operations start at Tyranna’s Eureka mine

By: Creamer Media Reporter      14th December 2017 The Eureka gold mine, north of Kalgoorlie, Western Australia, has transitioned from development to mining operations, ASX-listed Tyranna Resources reported on Thursday. The mine, which Tyranna is acquiring from Canada-listed Central Iron Ore, is currently being mined by a local contractor, Eureka... 

Tyranna announces Kalgoorlie gold mine acquisition

By: Creamer Media Reporter      1st December 2017 ASX-listed gold explorer Tyranna Resources on Friday announced the acquisition of the near-producing Eureka project in Kalgoorlie, Western Australia, from TSX-V-listed Central Iron Ore for $3.2-million consisting of cash and shares. The acquisition of the Eureka project, including the Eureka... 

Trelleborg Wear Liners Reduce Downtime, Down Under

6th October 2017 Trelleborg’s engineered products operation in Australia has assisted in reducing unplanned downtime at the Tropicana Gold Mine, 330 kilometers east-northeast of Kalgoorlie, Australia, by improving the wear life of the High Pressure Grinding Rolls (HPGR) discharge pulping boxes. The high pressure... 

Elon Musk inspires No.1 miner to target electric vehicle boom

By: Bloomberg     9th August 2017 Observations by Tesla’s Elon Musk on the key role nickel plays in the electric vehicle boom helped inspire the world’s top miner BHP Billiton to invest in new capacity to target rising demand. Amid efforts to improve performance at its nickel operations in Australia, Eduard Haegel, asset... 

Mining needs more activist investors, top gold producer says

By: Bloomberg     8th August 2017 Mining companies could benefit from more investor activism in the wake of Elliott Management’s campaign for improved performance at BHP Billiton, according to Australia’s second-largest gold producer. The sector’s record of returns warrants closer scrutiny from shareholders, Evolution Mining... 

Electric car boom drives rush to mining's $90bn heartland

By: Bloomberg     7th August 2017 A scramble by the lithium market’s biggest players to tie up supply of the high-tech metal is gathering pace in the 170-year-old heartland of Australia’s $90- billion mining industry. Rising Chinese demand for lithium-ion batteries needed for electric vehicles and energy storage is driving... 

Cashed-up Australian gold miners set to take deals global

By: Bloomberg     4th August 2017 Australia’s top gold producers are set to take their $5-billion acquisition spree global to secure growth as domestic opportunities fade and bullion’s gains swell their cash piles. Companies including Evolution Mining and Northern Star Resources, Australia’s No. 2 and No. 3 producers, may be... 

Newmont, Barrick agree more on present than future value of mine

By: Bloomberg     17th October 2016 A split between the world’s two largest gold producers over the value of their jointly owned Australian mine is more about future economic expectations than what’s in the ground. That’s the view of Newmont Mining’s Gary Goldberg, who has been saying for over a year he’d be interested in buying... 

Independence Group not deterred by lower pricing outlook

By: Megan van Wyngaardt     31st August 2016 Although ASX-listed Independence Group (IGO) anticipates continuing commodity price volatility in the coming year and potential margin pressure on some of its producing assets, the company will increase its focus on bringing its Nova nickel project on line, while unlocking value at its Tropicana... 

Soaring lithium prices can sustain gains, Pilbara CEO forecasts

By: Bloomberg     2nd August 2016 Pilbara Minerals, seeking to develop one of the world’s largest lithium projects, believes prices can sustain recent rapid gains on soaring demand in China for renewable energy, especially electric vehicles. “Big buyers of big volumes are right now paying more than $20 000 a metric ton for... 

Gold miners, bullion set to extend gains, Northern Star says

By: Bloomberg     2nd August 2016 Gold producers will extend this year’s share gains with bullion prices likely to continue to rise on haven demand, according to Australia’s third-largest producer. “We are on a longer-term trend for the gold price,” Northern Star Resources CEO Bill Beament said in an interview with Bloomberg... 

Iron-ore can offer lesson to booming gold sector, Resolute says

By: Bloomberg     2nd August 2016 Gold mining companies should learn about cost cutting from iron-ore producers to avoid relying on high prices and better prepare for any downturn, according to Resolute Mining Ltd. The five largest iron-ore exporters have cut the price they need to break even by half since 2013, according to... 

Trump as President means gold’s going higher, Mint forecasts

By: Bloomberg     1st August 2016 A Donald Trump victory in the US presidential election in November would probably lift gold prices, according to the mint that refines almost all the bullion output from one of the world’s biggest producers. “If someone like Donald Trump does get himself elected, it will stimulate some fear... 

Gold’s $50bn M&A spree builds as rally boosts values

By: Bloomberg     1st August 2016 A $50-billion gold-industry deals spree is extending into its third year, even as a surging bullion price makes sealing transactions and valuing mines more difficult. Gold has regained its luster as investors seek havens from volatile markets and weak interest rates. While the metal is up about a... 

Empire Resources to start Penny’s Find development in six weeks

By: Megan van Wyngaardt     26th July 2016 ASX-listed Empire Resources on Tuesday reported that it expected to start mine development at its 21 700 oz Penny’s Find gold mine, in Western Australia, in six weeks. The company commissioned Kalgoorlie-based Cardno Spectrum Surveyours to work on the road realignment required at the project,... 

MICROMINE to preview Geobank 2017 at Diggers and Dealers 2016

25th July 2016 Leading provider of intuitive software solutions and services to the international mining sector, MICROMINE, is exhibiting at this year’s Diggers and Dealers Forum, 1 - 3 August, Kalgoorlie, Western Australia. MICROMINE will showcase its entire suite of solutions at Booth 19, including a preview... 

Independence remains within FY production guidance range across operations

By: Samantha Herbst     11th July 2016 ASX-listed diversified mining and exploration company Independence Group (IG) announced on Monday that gold production at its 30%-owned Tropicana gold mine – which is 70% owned and managed by AngloGold Ashanti – was 28 651 oz for the June quarter, which was firmly within its production guidance... 

Demand for logging tool soars since October launch

By: Mia Breytenbach     12th February 2016 Demand from the mining industry for the REFLEX EZ-GAMMA driller operable, gamma logging tool, used in geological mapping, has markedly increased since its launch in October last year, states downhole instrumentation, data management and data analysis technologies provider REFLEX. The REFLEX... 

Engineering firm to design front-end operations of Moz graphite project

10th July 2015 In June Perth-based mineral sector engineering services provider CPC Engineering was appointed by ASX-listed explorer Syrah Resources to complete the front-end engineering design for the Balama graphite and vanadium project, in Mozambique. 

Norton relocates head office, CEO to depart following Zijin takeover

By: Creamer Media Reporter      25th June 2015 Norton Gold Fields announced on Thursday that it would relocate its head office from Perth to Kalgoorlie before the end of the year and that its CEO and MD Dianmin Chen would leave the company in the coming months. The changes follow the takeover by China’s Zijin Mining. 

Sandvik further adjusts operations due to ongoing difficult market conditions

3rd February 2015 As a result of the continuing difficult market conditions in the mining sector, Sandvik Mining has announced further adjustments to its Australian operations. It will close its Wollongong site, allowing it to focus solely on providing a dedicated field service division in the NSW Illawarra and... 

Kalgoorlie Super Pit, Australia

By: Sheila Barradas     9th May 2014 A gold mine, located adjacent to the town of Kalgoorlie, about 550 km east of Perth, Western Australia. 

Fisher East Regional Nickel Targets

By: Creamer Media Reporter      13th August 2013 Numerous nickel sulphide targets defined following assessment of regional data sets 

Company Announcement: AIMEX builds further industry engagement with industry theme days

By: Creamer Media Reporter      4th June 2013 AIMEX 2013 will maintain its deep engagement across the entire mining industry with the return of its very popular industry “theme days”, covering the key issues of women in mining, mine site safety and new ways to increase industry productivity 

Expanded capabilities offering secures new contracts in Africa

By: Chantelle Kotze     7th December 2012 Mining contracting company Murray & Roberts Cementation has been awarded new contracts in South Africa, the Democratic Republic of Congo (DRC), Zambia and Botswana during 2012 through expanding the capabilities of its mine development, mine engineering, mine services and contract mining... 

Endeavour mulls two more acquisitions as it buys Avion

By: Esmarie Iannucci     8th August 2012 Canada-based gold miner Endeavour Mining has two more possible acquisition targets in its sights, executive director and COO Mark Connelly said on Wednesday. Connelly’s comments followed on Endeavour’s announcement that it had acquired fellow-listed Avion Gold for C$389-million. 

Rick Yeates

By: Natalie Greve     4th May 2012 Position: Managing Director, Middle Island Resources Main activity of company: Gold exploration in West Africa Date and place of birth: 14th May 1959 in Armidale, New South Wales, in Australia Education: Bsc (Geology) from the University of New England First job: Junior geologist for Amax 


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