The executive chairperson of midtier gold miner Evolution Mining, Jake Klein, has told delegates at the last day of Diggers & Dealers that the company will be very selective when considering possible acquisitions. “We operate in a very cyclical ind…
Evolution not chasing size – Klein Read More »
Gold miner Saracen Mineral Holdings has bucked the trend at this year’s Diggers & Dealers, saying that the company is not in the market for any large acquisitions. Speaking on the sidelines of the conference, MD Raleigh Finlayson said that merger a…
Saracen bucks buy trend Read More »
Coal miner Stanmore Coal has received an unsolicited non-biding and indicative takeover offer from privately-held coal miner Winfield Group Investments.
Winfield holds a 12.5% interest in the Rolleston coal mine, in Queensland, with its share of produ…
Stanmore fields takeover interest Read More »
Lithium miner Pilbara Minerals on Wednesday revealed that it would spend some $50-million in the first phase of its Stage 2 expansion of its Pilgangoora operation, in Western Australia.
Pilbara MD and CEO Ken Brinsden told delegates at Diggers & D…
Pilgangoora Stage 2 to be staged – Brinsden Read More »
Lithium miner Galaxy Resources has warned shareholders of a non-cash impairment charge of between $150-million and $185-million for the half-year ended June.
The impairment charge followed a review of Galaxy’s inventory at its Mt Cattlin operation, as…
Galaxy warns of half-year impairment Read More »
An updated scoping study into the vertically integrated Piedmont lithium project, in North Carolina, has increased the overall projected mine life from an initial 13 years, to 25 years.
The updated scoping study incorporated the expanded mineral reso…
Piedmont doubles mine life for US project Read More »
Gold major AngloGold Ashanti on Wednesday said that it did not have firm timing for its exit from South Africa, but that the move would be ‘sooner rather than later’.
The miner in May this year announced the start of a process to divest of its remain…
AngloGold Ashanti’s exit from SA not timed Read More »
Gold major AngloGold Ashanti on Wednesday said that it did not have firm timing for its exit from South Africa, but that the move would be ‘sooner rather than later’.
The miner in May this year announced the start of a process to divest of its remain…
AngloGold Ashanti’s exit from South Africa not timed Read More »
Rare earths miner Lynas is hoping to start operation at a Western Australian cracking and leaching (C&L) facility by the end of 2022.
Speaking on the sidelines of Diggers & Dealers, Lynas MD and CEO Amanda Lacaze said that all of the company’…
Lynas WA plant tipped for 2022 start Read More »
Base metals miner Panoramic Resources was aiming for full production from its Savannah North orebody, in Western Australia by the end of quarter 1 in 2020.
Panoramic MD Peter Harold told delegates at Diggers & Dealers that first production from S…
Savannah North start targeted for fourth quarter Read More »
