Search
thewest.com.au
BusinessChevron Right Icon

Gold

Climbing higherPremiumGalileo on a gallop again with rhodium find

The discovery of a highly rare and valuable metal has sent shares in Galileo Mining surging again, representing another windfall for the company’s founder and billionaire WA prospector Mark Creasy.

Stuart McKinnon

Ringing endorsementPremiumOklo nods to big premium offer from B2 Gold

Oklo Resources has agreed to a $90 million cash and scrip takeover offer from Canada’s B2Gold, representing a 127 per cent premium to the Mali-focused gold play’s last traded price.

Stuart McKinnon

Tepid receptionPremiumTG Metals makes soft debut on the ASX

Nickel, lithium and gold explorer TG Metals has had a soft debut on the ASX after raising $6 million in an initial public offering.

Stuart McKinnon

Changing rolesCommentsPremiumFullarton’s shock exit from Westgold

Westgold Resources executive director Wayne Bramwell will assume the chief executive role following the sudden departure of Debbie Fullarton.

Stuart McKinnon

Tapping investorsPremiumWiluna Mining seeks $84.5m for namesake gold mine

The gold miner has blamed COVID-19, labour shortages and the war in Ukraine for having to raise a big lick of cash to support its mine.

Sean Smith

Troubled timesPremiumEmbattled Wiluna stares into the abyss again

Long-suffering shareholders of Wiluna Mining Corporation are again facing an anxious wait as the embattled gold miner scrambles to avoid collapse.

Stuart McKinnon

Precious peakCommentsPremiumPerth Mint ETP holdings, value at all-time high

The quantity and value of gold held in Perth Mint’s exchange-traded product PMGold has reached a new all-time high.

Stuart McKinnon

Golden ageCommentsPremiumCalidus joins ranks of gold producers

Calidus Resources has defied WA’s tight labour market and cost inflation to bring its Warrawoona gold project in the Pilbara into production.

Stuart McKinnon

Not materialCommentsPremiumPanel rejects latest Chinese complaint in Bullseye battle

The Takeovers Panel has refused to conduct proceedings into the latest complaints from aggrieved Chinese shareholders of Bullseye Mining over its proposed scrip tie-up with Emerald Resources.

Stuart McKinnon

More ouncesBellevue Gold up on expanded gold inventory

Shares in Bellevue Gold firmed after the company expanded its gold inventory ahead of a reserve upgrade, life of mine update and a project optimisation study for its namesake project near Leinster.

Stuart McKinnon

Exploration updateCommentsPremiumNorthern Star ‘finding gold in right places’

RBC Capital Markets says an annual resources and reserves update by Northern Star Resources shows it is finding gold at the right sites.

Stuart McKinnon

Getting biggerCommentsPremiumChalice sees underground potential at Julimar

Chalice Mining has highlighted the underground potential of its Julimar project 70km north of Perth with recent drilling at its famed Gonneville deposit revealing mineralisation continuing at depth.

Stuart McKinnon

Exploration IPOCommentsFamous winemaker backs new WA uranium float

Wealthy winemaker John Casella, whose company owns the world-famous Yellow Tail brand, is among the high-profile backers of a new float focused on uranium exploration in the Northern Territory.

Stuart McKinnon

‘Unavoidable disruptions’CommentsPremiumSilver Lake withdraws guidance amid skilled labour crunch

It also took a thinly veiled swipe at the McGowan Government’s handling of the pandemic.

Daniel Newell

Canada shinesTelfer disappoints in strong quarter for Newcrest

Newcrest Mining has lifted full-year guidance as it taps into the latest addition to its global mining portfolio in Canada.

Daniel Newell

Looking betterPremiumRamelius boss joins calls for more foreign labour

Ramelius Resources boss Mark Zeptner has joined a growing chorus of miners calling for easier access to foreign labour as the State’s skills crunch continues to bite.

Stuart McKinnon

Costs warningCommentsPremiumPogo continues to hold back Northern Star’s golden dream

Northern Star Resources’ push into Alaska continues to disappoint as the miner again forecast lower full-year production and higher costs as it struggles to squeeze more ounces out of its Pogo operations.

Daniel Newell

New eraPremiumCalidus on cusp of becoming WA’s next gold producer

Calidus Resources is set to become WA’s newest gold producer after announcing continuous ore processing at its $120 million Warrawoona gold project near Marble Bar.

Stuart McKinnon

Big potentialPremiumMinerals 260 boss upbeat on Moora project

Minerals 260 boss David Richards says the gold and copper hits the Liontown Resources spin-out company is getting at its Moora project shows how much of WA’s mineral wealth is yet to be discovered.

Stuart McKinnon

Bitter feudCommentsPremiumBullseye battle rages on with another appeal

Aggrieved Chinese shareholders of Bullseye Mining have cried foul to the Takeovers Panel over its proposed $117 million scrip tie-up with Emerald Resources for the third time this year.

Stuart McKinnon

Tough timesPremiumGold miners set to face continued labour, cost pressures

RBC Capital Markets has warned of continued cost and labour pressures creating downside risks for ASX-listed gold miners as they deliver their third quarter updates this week.

Stuart McKinnon

Labour droughtPremiumMiners demand access to foreign workers amid skills crunch

An increasingly tight labour market in the WA resources sector has prompted renewed calls for easier access to foreign labour.

Stuart McKinnon

Paradigm shiftCommentsPremiumGold investors bet against Fed’s inflation tactics

Gold is proving remarkably resilient, gaining almost 7 per cent this year as investors shrug off surging real yields and strengthening US dollar to focus on political and economic risks.

Eddie Spence and Ranjeetha Pakiam

Skills crunchCommentsPremiumEvolution boss calls for easier access to foreign labour

Evolution Mining boss Jake Klein has backed calls for companies to be able to access foreign workers more easily to help ease WA’s tight labour market.

Stuart McKinnon