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.

Red 5 continues KOTH hype as first gold approaches

Mining News Pro - Red 5 has continued attracting attention at its King of the Hills (KOTH) gold project in Western Australia, with Minister Bill Johnston paying a visit before first production next year.

Red 5 determined to pour gold in mid-2022

Mining News Pro - Red 5 has continued to defy labour-shortage obstacles as it passed the halfway mark in constructing its King of the Hills (KOTH) gold project in Western Australia.

Red 5 locks in Macmahon contract at King of the Hills

Mining News Pro - Red 5 has confirmed that Macmahon Contractors will undertake a five-year open pit and underground mining services contract at the King of the Hills gold project in Western Australia

All gold but no diggers for Red 5

Mining News Pro - Red 5 has reduced its production guidance at the Darlot gold mine in Western Australia, blaming low production rates on industry-wide labour shortages.

Red 5 to run King of the Hills with hybrid power

Mining News Pro - Red 5 has awarded a gas and solar power supply contract to Zenith Power to power operations at the King of the Hills (KOTH) gold mine in Western Australia.

Red 5 fully funded to advance King of the Hills

Mining News Pro - Red 5 has declared the King of the Hills (KOTH) gold project fully funded after it confirmed that $175 million has been secured for the Western Australian operation.

Red 5 chooses Macmahon at King of the Hills

Mining News Pro - Red 5 is set to contract Macmahon for mining services at the King of the Hills (KOTH) gold mine in Western Australia in a move to have the operation up and running by early 2022.

Red 5 approved to be King of the Hills

Mining News Pro - Red 5 has taken a step in restarting mining activities at the King of the Hills (KOTH) gold project in Western Australia after the state government approved its mining proposal.

King of the Hills approval cements Red 5’s golden future

Mining News Pro - Red 5 has received final permit from the Western Australian Department of Mines, Industry Regulation and Safety (DMIRS) for the King of the Hills gold project in the Goldfields region.

Red 5, Ardea JV to expand Darlot hub

Mining News Pro - Red 5 and Ardea Resources have announced a farm-in joint venture (JV) agreement for two projects near Red 5’s Darlot gold mine in Western Australia.

Red 5 locks in Great Western production restart with mining contract

Mining News Pro - Red 5 has scheduled open pit production at the Great Western gold deposit in Western Australia to start in January next year, around nine months after purchasing the site in April.

Red 5 to bring mothballed mine back into production

Mining News Pro - Red 5 is set to rouse a Western Australian gold mine following the completion of its King of the Hills final feasibility study (FFS).

Red 5 acquires Great Western gold deposit from Terrain

Mining News Pro - Red 5 has reached an agreement with Terrain Minerals to acquire the Great Western gold deposit in Western Australia for $2.5 million

Red 5 to evolve into mid-tier gold producer with capital raising

Mining News Pro - Red 5 has made a $125 million share placement to investors to support the development of its King of the Hills (KOTH) gold project in Western Australia’s Eastern Goldfields.

Red 5 adds to King of the Hills resource

Mining News Pro - Junior Red 5 has reported an update to the King of the Hills mineral resource, which now stands at 4.1-million ounces.

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