News Articles for Gold Fields

The vast emptiness of WA has proved to be an advantage when developing skills in the rollout of new electricity technology.

Two microgrid projects worth a combined $123 million have moved forward today as the technology becomes increasingly mainstream, with Gold Fields and GMA Garnet mine sites to have big renewable power and storage components.

Market research firm IBISWorld has identified five large gold mines in Western Australia set to shut down by 2025 because of low reserves, less than a month after a prominent gold mining consultancy rejected reports that Australian gold production is set to fall substantially.

The boss of gold mining consultancy Surbiton Associates has rejected reports that Australian gold production is set to fall substantially.

High-level iron ore, lithium and gold projects set pace for more than 50 developments in fresh commodities boom.

Gold Fields has awarded Aggreko a contract to construct and operate a microgrid with 20,000 solar panels and battery storage, which will be integrated with the existing natural gas power supply to reduce fuel consumption at the Granny Smith gold mine near Laverton.

Gold Road Resources has increased the forecast annual output for its half-owned $621 million Gruyere gold project, while confirming first production remains on track for mid-2019.

Perth-based gold exploration company Genesis Minerals has announced the appointment of mining executive and company director Tommy McKeith as chair.

Barminco has been awarded a four-year extension to two mining services contracts at Gold Fields' Agnew mine near Leinster, worth a combined $335 million.

SPECIAL REPORT: WA's 30 gold miners achieved a small increase in aggregate output last year with the state's biggest producer, Newmont Mining, making up about a sixth of this at 1.1m ounces, research by Business News has found.

Gold Road Resources has announced cost increases and schedule delays due to recent heavy rainfall at its half-owned Gruyere gold project near Laverton.

Downer EDI has been awarded a $400 million contract to provide mining services at the Gruyere Gold Project in Western Australia.

Ten gold sector leaders spoke in unison today about the damage they believe will flow from the state government's hike in royalties, and also made clear they are targeting the Liberal Party to block the change.

Aspiring gold miner KIN Mining has released a definitive feasibility study on its Leonora project in the Goldfields, which has forecast a development cost of about $35 million.

Gold junior Red 5 has flagged a further $30 million impairment charge against its Siana gold project in the Philippines, on top of a $70 million write-down on the asset in March.

APA Group will construct a new $180 million gas pipeline and power station to provide energy to Gold Road Resources' Gruyere gold project near Laverton.

A joint venture between Civmec and Amec Foster Wheeler has been formally awarded a $298 million engineering, procurement and construction contract for Gold Road Resources' Gruyere gold project.

South African mining giant Gold Fields has spent $64.3 million to increase its stake in Perth-based Gold Road Resources to 10 per cent, as the two companies jointly develop the Gruyere project.

SPECIAL REPORT: The value of investment into WA gold projects is about four times as much as this time last year, while growth in spending on lithium has been even more substantial.

Offshore oil & gas: Woodside Petroleum's February launch of a new supply ship that can use liquefied natural gas as a fuel is an early move in what could be a larger focus on driving new market demand.

Africa-focused Tiger Resources has named Agrimin chairman Brad Sampson as its new chief executive, replacing Michael Griffiths who spent four years in the role.

Perth-based Gold Road Resources has doubled its exploration budget for the year with plans to spend about $22 million exploring its tenements, following the receipt of funds through its recently formed joint venture with South African mining giant Gold Fields.

Aspiring gold miner Gold Road Resources has received the Environmental Protection Authority's nod of approval for its proposed development of its $507 million Gruyere project near Laverton.

SPECIAL REPORT: Gold Road Resources could be the next gold junior to make it into the mid tier after its recent moves on the Gruyere project.

Gold Road Resources has entered into a joint venture agreement with South African mining giant Gold Fields for its Gruyere project near Laverton, in a deal worth $350 million plus royalties.

SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state's gold sector, and 2017 is looking to be a similarly positive year.

SPECIAL REPORT: Discussion about a sale of Western Power is taking place against a backdrop of rapid technological change in the sector, as networks brace for an onslaught of competition from battery storage.

SPECIAL REPORT: There's no doubt the boom has come to an end, but plenty of opportunities and projects remain in play.

Robert S Middlemas has resigned as non-executive director of Elemental Minerals, after 6 years with board both as a non-executive director and previously as a non-executive chairman.

French company Sodexo is set to become one of the biggest service providers in the Pilbara after signing a $2.5 billion contract to manage all of Rio Tinto's mine camps and other facilities for 10 years.

A unique Western Australian project aimed at challenging the perception that philanthropy is the preserve of a wealthy elite has facilitated its first major donation.

The state government has officially commissioned the $140 million Eastern Goldfields Pipeline, which will support the ongoing development of mining projects in the region and benefit operators of existing mines due to reduced costs

Gold is a rare bright light in the mining industry, with major changes during the past two years to be followed by the opening of multiple new mines and more M&A deals. Click through to find the special report, which ranks WA producers, and looks at Gold Corp, executive pay, and new gold projects.

The board of gold miner Ramelius Resources has given its approval to begin mining at the company's Vivien project near Leinster, while also announcing a $10 million facility secured with the Commonwealth Bank of Australia.

Gold Miner Troy Resources has appointed former Singapore-based Sakari Resources head Martin Purvis as its new chief executive officer, after managing director Paul Benson left the company in July.

Perth based junior airline Cobham Aviation Services has been awarded a contract to provide fly-in, fly-out services to two Gold Fields Australia mine sites in Western Australia.

Ramelius Resources has outlined plans to raise up to $8.6 million to fund the development of its Western Australian gold projects.

FEATURE: Mineral Resources has shown the lengths to which mining services companies are willing to go to secure new work in the current flat market.

Northern Star Resources has continued its aggressive expansion strategy, announcing it will buy the Jundee gold mine in Western Australia from Newmont Mining for $82.5 million.

Can a ‘hackathon' help innovation in the mining industry? Perth is about to find out.