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Ardea Resources has acquired key tenement areas that provide access to Goldfields Highway and the Leonora Kalgoorlie railway in a deal with Brightstar Resources. The swap of tenements gives Brightstar the gold exploration tenements within the northern sector of the Goongarrie Hub. This transaction also was completed without direct cash payment or equity issued. Managing …
Maiden Pour Due This Month From Jefferys Find
The maiden gold pour from Jefferys Find Gold Mine near Norseman is due this month according to Auric Mining Limited. 77,500 tonnes of gold ore currently sits on the ROM pad at the mine with more than 12,500 tonnes of ore already delivered to the Greenfields Mill in Coolgardie. Auric Mining in collaboration with BML Ventures …
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Youanmi Continues With High Grade Hits
The high grade hits at Youanmi Gold Project continues with the release of drilling results from Paddy`s Lode and Midway. Results from Midway near mine exploration included: RXDD073: 0.54m @ 16.17g/t Au from 290.65m RXDD074: 7.00m @ 5.95g/t Au from 87.00m RXDD085: 1.37m @ 21.89g/t Au from 354.69m RXRC462: 2.00m @ 7.93g/t Au from 142.00m While …
Genesis To Process Bellevue Ore Pre Plant Commissioning
Bellevue Gold has signed an agreement with Genesis Minerals to process material at its Gwalia Processing plant in a deal to enable early cashflow. Ore from the Vanguard Open Pit at the Bellevue Gold Mine will be trucked by MLG Oz to the Genesis facility around 170km south of the mine. This agreement allows Bellevue …
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KCGM Mill Rebuild Contract Awarded
NRW Holdings, Primero Group, has been announced as entering an agreement with Northern Star Resources for the KCGM Growth Project for Engineering, Procurement and Construction. The Contract has an approximate value of $973 million. The project is aligned to the KCGM processing plant rebuild and is scheduled for completion by Q3 2026 Primero’s Managing Director, …
Silver Lake Ninth Consecutive Sales Guidance Met
Silver Lake Resources has released its FY23 Sales Result and has shown to have met sales guidance for the ninth consecutive year. The strong result is off the back of a record quarterly sales result of 83,540 ounces. This has been driven by the performance of the Deflector and Mount Monger operations. Operations delivered a …
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Develop Enters Trading Halt, Pursues Essential
The start of the financial year continues to deliver news to the market thick and fast. Develop has entered a trading halt as it looks to acquire Essential Metals. The acquisition is to executed via a binding Scheme Implementation Deed under which Develop proposes to acquire 100 per cent of the issued shares in Essential …
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Ramelius Offer For Musgrave
As a new Financial year commences, Ramelius Resources have announced an offer for Musgrave Minerals. Directors of Musgrave have unanimously recommended that the offer be accepted in the absence of a superior offer. This comes after Musgrave was the target for Westgold Resources last week. The offer by Mark Zeptner`s Ramelius is 1 Ramelius share for …
