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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Silver Lake eyes worst day in eight years as sales outlook disappoints
Mining News Pro - Silver Lake Resources (SLR) is set for its worst session in eight years on Monday as record annual output failed to make up for an unflattering sales outlook.
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Silver Lake proposal “no material improvement” for St Barbara
Mining News Pro - Silver Lake upped its bid for St Barbara’s Leonora assets last week, but it seems the St Barbara/Genesis deal is still on track.
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St Barbara ends talks with Silver Lake on Leonara bid
Mining News Pro - Australian gold miner St Barbara said on Tuesday it will not further engage with Silver Lake Resources whose revised offer for its Leonora assets in Western Australia was “unacceptably conditional”.
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Silver Lake submits revised bid for St Barbara’s Leonara assets
Mining News Pro - Silver Lake Resources Ltd made a revised offer on Thursday to buy St Barbara Ltd’s Leonara assets in Western Australia for A$707 million ($479.56 million), allowing the latter to secure a 7.5% stake in the gold miner.
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St Barbara backs Genesis’ offer for Leonara assets over Silver Lake bid
Mining News Pro - Australian gold miner St Barbara Ltd on Thursday said it will back a A$600 million ($400 million) offer for its Leonara assets from Genesis Minerals Ltd, despite a higher proposal from Silver Lake Resources Ltd SLR.AX.
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COVID tarnishes Silver Lake production
Mining News Pro - Silver Lake has withdrawn its sales guidance for FY22, saying the March quarter results from its Western Australian operations reflect the implications of the State Government response to COVID.
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Harte Gold gets creditor protection as Silver Lake closes in
Mining News Pro - Troubled Canadian miner Harte Gold (TSX: HRT) has been granted creditor protection after rushing its Sugar Zone gold mine into production without a feasibility study two years ago and encountering a series of problems at the Northern Ontario mine.
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Harte Gold gets creditor protection as Silver Lake closes in
Mining News Pro - Troubled Canadian miner Harte Gold (TSX: HRT) has been granted creditor protection after rushing its Sugar Zone gold mine into production without a feasibility study two years ago and encountering a series of problems at the Northern Ontario mine.
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Silver Lake skilled worker shortage to continue
Mining News Pro - Silver Lake Resources has modified its operating strategy at the Mount Monger gold mine in Western Australia due to a lack of skilled labour causing productivity and cost issues.
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Silver Lake boosts Deflector copper guidance
Silver Lake Resources has upgraded its copper guidance while remaining on track to hit its gold production targets following a positive March quarter at the company’s Western Australian operations.
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Silver Lake ups gold output in March quarter
Gold miner Silver Lake Resources has reported higher gold production for the quarter ended March, compared with the previous quarter.
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Silver Lake sets Deflector up for growth
Mining News Pro - Silver Lake Resources has ramped up a plant upgrade at the Deflector copper-gold mine in Western Australia, with the project positioned for growth after the current fiscal year.
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GR Engineering to secure $23m Silver Lake contract
Mining News Pro - Silver Lake Resources is set to contract GR Engineering Services at its Deflector gold-copper operations in Western Australia.
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Redpath Australia to work on Silver Lake’s Rothsay gold project
Mining News Pro - Redpath Australia says it has been awarded a contract to carry out underground mining services at Silver Lake Resources’ Rothsay gold project, in Western Australia.
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MinRex Resources actively explores kilometers from $1.1bn Silver Lake
Mining News Pro - Gold explorer MinRex Resources, which holds ground just a few kilometres to the north-east of the $1.2 billion capped Silver Lake Resources’ gold and copper Deflector mine, is set to release new exploration results at its Deflector extended gold project at Gullewa in Western Australia.
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Silver Lake follows IGO with Encounter investment
Mining News Pro - Encounter Resources has welcomed Silver Lake Resources as a shareholder as part of plans to raise funds for its Paterson province project in Western Australia.
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Silver Lake reports 697% jump in profits
Mining News Pro - Junior gold miner Silver Lake Resources has reported a 697% increase in net profits after tax for the financial year ending June, on the back of higher production and revenues.
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