Lycaon Resources has secured its final heritage and program of works approvals to clear the way for drilling at its multi-element Stansmore carbonatite project in Western Australia's West Arunta region. The heritage clearance survey, which was completed in July, relates to the company's three priority Stansmore, Volt and Ions targets where it is chasing niobium, rare earths and iron oxide copper-gold.
Santos has hired former Woodside executive Sherry Duhe as its new chief financial officer, marking the experienced executive's return to the oil and gas sector.
Greatland Gold remains keen on the ASX listing it postponed last year, pending progress on the potential buyback of a majority stake in the Havieron gold project from JV partner Newmont.
Shaw and Partners WA State Manager Davide Bosio waxes lyrical about the stubbornness of junior gold exploration stocks that many thought would run hard or be taken over amid the highest of gold price highs. Is this a perfect setting for M&A activity? Will junior gold stocks finally be dragged skywards by the inevitable M&A activity that should flow from times like this?
Greatland Gold managing director Shaun Day says the company would be open to consolidating ownership of the Havieron gold-copper project if the opportunity presented itself.
Newmont Corporation has announced it will divest six of its non-core assets, including its Telfer goldmine in the Pilbara, with Andrew Forrest-backed Greatland Gold the likely buyer.
Perth-based explorer King River Resources is on the hunt for high-grade gold in elephant country in Australia's Top End. It has plenty of cash and a gaggle of lucrative-looking targets begging to see a drill bit. With miners selling gold at record highs, King River's focus on Tennant Creek in the NT, an area that has historically pumped out millions of gold ounces, is timely.
Software provider K2fly has revealed a steady stepladder towards profit-making after its latest financial year report showed healthy revenue of $12.8 million – a jump of 28 per cent on the previous period. The company's positive result was bolstered by a 25 per cent increase in annual recurring revenue up to $7.5 million, putting its three-year compound annual growth rate at 48 per cent.
Godolphin Resources has received almost $600,000 in exploration tax credits for this financial year, following a successful application to the Australian Federal Government's Junior Minerals Exploration Incentive (JMEI) program. The credits will support exploration across the company's enviable landholding in the Lachlan Fold Belt in NSW, where it this month increased its rare earths resource grade by 126 per cent at its Narraburra project.
Newcrest Mining has entered into a binding all-scrip takeover agreement with US-based Newmont Corporation, concluding months of dealmaking between the gold producers.
Takeover target Newcrest Mining has pushed back the exclusivity period for global mining giant Newmont Corporation's $32 billion offer until next week.
The pipeline of big resources projects in WA increasingly features complex processing plants, despite a spate of large cost blowouts on projects currently under way.
Gold and copper player Newcrest Mining says it remains on track to meet its financial year production guidance despite a drop in output during the March quarter.
Mining services group Perenti has secured a $90 million contract extension for underground exploration at Newcrest Mining's gold and copper project in Canada.
Operations at the state's busiest port have resumed after the Pilbara Ports Authority deemed the Port of Port Hedland safe to reopen after Cyclone Ilsa passed.
Newcrest Mining's $214 million West Dome stage eight upgrade at its Telfer mine in the Pilbara is progressing while the feasibility study for its Havieron project has again been pushed back.
Our weekly appointments wrap includes Kim Beazley, Nick Castleden, Gail McGowan, Simon Thwaites, Belinda Murray, Jamie Cann, Ben Morton, Jay Weatherill, Richard Walley and Sandeep Biswas.
Newcrest Mining chief financial officer and former Woodside Energy executive Sherry Duhe has been promoted to Newcrest's top job following the exit of current chief executive Sandeep Biswas.
Gold output in Australia has fallen 9 per cent from its June quarter high, with some of the biggest operators reporting a drop in production, new data has shown.
Mining software provider K2fly has tabled some healthy numbers from the September quarter with the company achieving record highs in its core metrics thanks to continued major tier 1 contract wins. The company operates in the global resources space under a ‘Software as a Service' business model – meaning its product is delivered on a subscription basis.
Business News has updated its listing of WA's biggest resources projects to incorporate a spate of new developments and analysed which projects are next.
ASX-listed mining software provider K2fly has strengthened its ties with Imerys Group after inking a three year contract for use of its Land Access solution. The three year deal has a total contract value of $860,000 and an annual recurring revenue of $123,000 in exchange for a system that manages land access, studies, approvals, stakeholder engagement, operations and land use.
Santos has largely failed in its bid to pick holes in Newcrest Mining's top-secret lawsuit against it, which hinges on claims the energy giant breached their gas supply deal.
Political editor Gary Adshead talks about his interview with Michelle Roberts and the former police minister's journey from Labor Party stalwart to Speaker of the Legislative Assembly.
Australia's biggest gold producer is suing Santos over an alleged breach of their long-standing gas supply deal, but much of the lawsuit is being shielded from public view.
