In this week’s Bulls N’ Bears Big Hits,we examine some of the notable drill intersections revealed on the ASX,including Solstice Minerals’ gold grab in WA.
Strickland Metals has kicked off a 60,000m diamond drilling program that will feature four rigs at its 5.44 million-ounce gold equivalent project in Serbia.
Normally,the saying is you need money to make money,but in WA it seems you need ore to make more – and keep a close watch on China,costs and the energy transition.
The parents of a young Perth father who died at a Goldfields mine site in July 2020 say the $1.5 million in fines levelled against his former employers are “ridiculous”.
Gold miners are expanding assets and upgrading production as the price of the yellow metal stays in bull territory.
Chaney adds another prominent WA company name to his resume as Bill Beament takes his leave.
The merger is expected to be completed by mid-February after it gets the green light from the WA Supreme Court.
There were very few signs of the global pandemic or recession at the Diggers and Dealers conference in Kalgoorlie this week.
The merged company would rank in the 10 biggest producers worldwide and expand output at a time of soaring gold prices.
The local sharemarket has closed flat for a second session in a row,as weaker banks offset gains in the healthcare and industrial sectors.
KCGM is a joint venture between Newmont and Saracen Mineral Holdings and owns the Super Pit in Kalgoorlie,Western Australia,among other deposits.