Australian gold miner Red 5 to acquire Silver Lake Resources
Australian gold miner Red 5 will takeover rival Silver Lake Resources to build a mid tier gold company valued at $1.5 billion, the two companies said in a joint statement on Monday.
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Australian gold production outpaces China
Mining News Pro - Australian gold production in the first six months of 2021 reached 157 t, which was 4 t higher than China.
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Leading Australian gold miner enlists Minetek for custom ventilation
Mining News Pro - A leading Australian gold miner has hired Minetek to deliver a custom ventilation solution for an underground crusher in central New South Wales.
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Australian gold output declines
Mining News Pro - Surbiton Associates director Sandra Close believes Australia’s gold production in 2020 may surpass last year’s record results despite output dropping in the September quarter.
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Australian gold miners still hungry for acquisitions in North America
Mining News Pro - Australian mid-tier gold miners looking to North America for growth view their flurry of recent acquisitions as a “beachhead” to expand further.
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Northern Star, Saracen create $11.5bn Australian gold giant
Mining News Pro - Australia’s Northern Star Resources is buying smaller peer Saracen Mineral Holdings in a deal that will create a A$16 billion ($11.5bn) gold giant — the world’s eighth largest gold miner by market value.
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Australian gold sector progresses $20m worth of M&A
Mining News Pro - The gold mining sector has announced a series of mergers and acquisitions (M&A) involving Genesis Minerals, Kingston Resources and Firefly Resources.
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ABC Refinery’s accreditation opens up opportunities for Australian gold
Mining News Pro - ABC Refinery, which refines more than 20 per cent of all gold mined in Australia, has received accreditation from the CME Group, one of the world’s largest gold exchanges which trades the equivalent of nearly 27 million ounces ($70 billion) daily.
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Australian gold production achieves all-time highs
Mining News Pro - Australian gold production reached an all-time record of 325 tonnes last year, with a particularly outstanding December quarter, according to Surbiton Associates.
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Australian gold production on the rise
Mining News Pro - Australian gold production in the 2017/18 financial year was its highest since 1997/98, totalling 310 t, mining consultancy Surbiton Associates has reported.
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Visit: 858