Category: Australia & Oceania

Saracen Reports Record Gold Production

Saracen Mineral Holdings Ltd. reported a record March quarter with group production of more than 158,000 ounces (oz) of gold at an all-in sustaining cost (AISC) of A$1,133/oz. This takes production for the nine months to March...

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NQ Acquires Beaconsfield Gold

NQ Minerals Plc entered into an agreement to purchase the Beaconsfield gold mine, located 200 km from its Hellyer base and precious metals operations in Tasmania, for A$2 million ($1.2 million). The company said it will be...

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King of the Hills Resource Increases to 4Moz

Red 5 Ltd. has reported an updated mineral resource estimate for the Eastern Margin Contact Zone of its King of the Hills gold mine in the Eastern Goldfields region of Western Australia. Indicated and inferred resources now...

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Sale of Ravenswood Gold is Complete

Resolute Mining Ltd. has successfully completed the sale of the Ravenswood gold mine in Queensland to a consortium comprising a fund (EMR Fund) managed by specialist resources private equity manager EMR Capital Management Ltd....

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Rio Tinto: Update on Tropical Cyclone Damien

Rio Tinto’s iron ore operations in the Pilbara, Western Australia, have resumed following the passing of Tropical Cyclone Damien. The cyclone caused infrastructure damage across our entire Pilbara network, including impact to...

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Rio Tinto Earns 51% Interest in Citadel Project

Rio Tinto has earned a 51% interest in Antipa Minerals’ Citadel gold-copper project 400 kilometers (km) east of Port Hedland, Western Australia. The companies have formed a joint-venture company to develop the project, with Rio...

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Alien Metals Acquiring Past-producing Silver Mine

Alien Metals Ltd. has entered into a conditional agreement to acquire a 100% interest in the former-producing Elizabeth Hill silver project in Western Australia from Karratha Metals Group. The project was mined from 1998 to...

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