Month: February 2020

Mining services provider Pit N Portal has now officially merged with Emeco. A deal that was previously announced but confirmed today. According to Emeco Managing Director and CEO Mr Ian Testrow “Pit N Portal has a highly complementary business model which provides a comprehensive hard rock underground equipment services offering and more than doubles our …

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Lynas Corporation has announced a new three-year operating license in Malaysia which will take its operation to March 2023. There are however some key conditions placed on the license and these include: Lynas to begin the process of developing the Permanent Disposal Facility within the first year from the date of the approved license. Lynas …

Continue reading “Lynas New Malaysian Licence Confirms Kalgoorlie Plant Timeline”

A former advisor to President Nelson Mandela, a key author of twenty one books and a previous Principal Economist at the EBRD (European Bank for Reconstruction and Development) has been announced as the Diggers and Dealers key note speaker for 2020. Professor Ian Goldin. Professor Goldin specialises in economics and has numerous credentials on the …

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Gold is on a run. But the ASX has plunged. The ASX dropped around 2.25% points on Monday trade. The ASX S&P 200 closed at6978.3. While the energy and travel sectors were hit, gold grew. Spot prices for gold sit at 1686.80 us/oz at 17:35 WST ($2556.60/oz) Saracen Minerals rose 7.4%, Newcrest Mining 5% and Resolute Mining …

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Newmont is set to invest around $150 Million in a new fleet of CAT 793F autonomous trucks for its Boddington Operation in Western Australia. As well as a new fleet, a number of exisiting trucks will be converted to an autonomous haulage system. This is set to be the first use of the technology in …

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Minister for Mines and Petroleum Hon Bill Johnston, has opened Round 21 of the Exploration Incentive Scheme in Fremantle. The scheme provides $5 million a year to encourage innovative drilling in greenfields and under-explored areas of the State. Explorers can receive a refund of up to 50 per cent for innovative drilling projects, with caps of …

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GBF Group, which has recently been acquired by Macmahon Holdings Limited (ASX:MAH), has received a conditional letter of intent from Silver Lake Resources (ASX:SLR) to continue work at its Mount Monger Gold operation. The deal is worth around $200 million. Macmahon has been operating at Mount Monger since 2014 and also provides mining services to …

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In the glow of a new joint partnership between Saracen Minerals and Northern Star Resources, KCGM has announced a new General Manager. Kous Kirsten started in the role from Monday February 17 and has replaced Ben Wessely. The decision of Mr Kirsten was made by the KCGM JV Executive Committee which members are from both …

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The remnants of ex Tropical Cyclone Damien is being experienced across the Goldfields and Salt Lakes Districts. Main Roads has issued a warning to motorists to exercise caution travelling the Goldfields Highway north of Kalgoorlie. The road is open, but floodways may have water across them. DFES has issued a warning to prepare for flooding …

Continue reading “Ex Tropical Cyclone Damien Delivers Rain To Dry Spots”