The decline advance rate at Ora Banda Mining’s Riverina Underground development is progressing in line with forecast after the underground portal was established last month. The total advance is at 225.7m as of June 25 2023, with the main decline at 194.3m and a further 31.4m in other development according to the company today. In …
End of FY23 Monday Morning M & A
It’s been a busy start to the ASX on the last Monday of the 2023 Financial Year. Heading off the big names on the list are Perenti Limited. The mining services group, has snapped up ASX listed drilling contractor DDH1. According to Managing Director and CEO of Perenti Mark Norwell, this is the next …
Northern Star Massive KCGM Investment
KCGM owner, Northern Star Resources today announced a final investment decision in relation to the KCGM Mill expansion. The Northern Star board has approved $1.5 Billion to increase and modernise KCGM`s processing from 13Mtpa to 27 Mtpa. The process is expected to comprise of a three year construction phase with planning and long lead items …