News Articles for Newcrest Mining

Newly minted Triton Minerals M.D Garth Higgo has wasted no time in placing his stamp on the company with the appointment of a new Chief Operating Officer, a new Chief Financial Officer and a new Non Executive Director. Mr Higgo was himself only appointed as Chief Executive Officer in December and was previously the Global Director of Mining for Aurecon Group and Calibre Global.

SPECIAL REPORT: One of the few positives in a tough year for business was the gold sector, and at the forefront was Northern Star Resources, under the leadership of Bill Beament.

Wayne Osborn will be retiring as a director of Iluka Resources effective from the close of the 2016 annual general meeting scheduled for May 2016.

A joint venture that includes Perth-based Macmahon Holdings has won a $US170 million ($A238 million) contract for work at PT Agincourt Resources' Martabe gold project in Indonesia.

Macmahon Holdings has won a contract at Newcrest Mining's Telfer gold project in the Pilbara, which is expected to bring in $62 million in annual revenue.

Building age has emerged as the biggest factor in office vacancies in Perth's suburbs, with newer developments struggling to attract tenants as the market gets tougher.

Regis Resources has announced a significant board restructure under which Nick Giorgetta will step down as chair and a new executive director will be appointed.

Newcrest Mining's quarterly production is likely to be hit after the gold producer it confirmed a mill at a major mine will remain out of action.

Shares in Antipa Minerals have soared on news it has attracted backing from mining giant Rio Tinto, which plans to invest up to $60 million in the local explorer's Citadel gold-copper project.

Newcrest Mining is looking to increase its exploration acreage in West Africa through a proposed joint venture agreement with Perth-based company Taruga Gold, while AngloGold Ashanti has advanced plans to redevelop its Obuasi mine in Ghana.

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 private equity group seeking control of Mungana Goldmines has lifted its takeover bid to 17 cents per share, above recent trading levels but below the valuations of the company's independent expert.

Gold miner Newcrest Mining had to shut its Lihir operations in Papua New Guinea for 36 hours over the weekend after a dispute with members of the local community.

Mining giant Rio Tinto has been voted as Western Australia's most attractive employer at the annual Randstad Awards, a title it has won twice in three years.

Shares in local gold miners have dominated on the ASX today after the spot price for the precious metal jumped by over 2 per cent overnight to $US1,203.30 an ounce

West Perth-based gold explorer Mount Magnet South has announced plans to sell its Kirkalocka project in the Murchison region to Ozchina Enterprises for $1.7 million.

Sandfire Resources has filed proceedings in the Federal Court against the Centre for Australian Ethical Research over media releases published on its website last month, which Sandfire argues contained “misleading and deceptive” information.

Kingsgate Consolidated announced today that chief executive Geoff Day and chief financial officer Austen Perrin have both left the company, just months after joining the gold miner.

FEATURE: Two Perth-based organisations – one well established and one relatively new – are taking giant strides towards normalising and encouraging more women in mining workforces.

Gold and copper explorer Silver Lake Resources has reached agreement with Newcrest Mining for acquisition of its share of the Mount Monger joint venture for around $1.5 million.

Perth-based gold miner Doray Minerals has agreed to purchase a majority interest in Archean Star Resources' Gnaweeda gold project in the Murchison region of Western Australia.

Former Kagara managing director Geoff Day has been appointed chief executive of Kingsgate Consolidated.

Mines and Petroleum Minister Bill Marmion has flagged new industry safety guidelines in the wake of five mining fatalities in Western Australia in nine months.

Mining contractor Byrnecut has been awarded a $200 million contract for underground mining at Sandfire Resources' DeGrussa copper-gold mine near Meekatharra.

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.

The alignment of chief executive salary packages with market capitalisation has been highlighted in Business News' latest quarterly salary survey.

The value of mergers and acquisitions in the Western Australian gold sector over the past 12 months has reached close to $650 million, analysis by Business News has found.

Northern Star Resources looks set to emerge as the fifth biggest gold mine operator in Western Australia following its $75 million acquisition of Barrick Gold's majority stake in the East Kundana joint venture and the Kanowna Belle mine.

After a grim six months, Western Australia's gold mining sector is showing signs of flickering back to life.

Copper-gold producer Sandfire Resources has appointed former Fortescue Metals Group operations director Paul Hallam as a non-executive director.

Tanami Gold and Newcrest Mining have become the latest gold miners to join a growing cohort suffering amid dismal gold prices and surging production costs.

Warnick joins Miro Advisors

Shares in one of Australia's largest gold companies, Alacer Gold, have shot up after it announced its sale of interests in the Frog's Leg gold mine near Kalgoorlie for US$171 million ( million).

Gold miner Newcrest expects gold production to progressively increase over the remainder of the year after a fall in quarterly production due to processing interruptions.

WHEN Silver Lake Resources managing director Les Davis and Integra Mining chief Chris Cairns used the first day of the recent Diggers & Dealers Forum in Kalgoorlie to unveil the $1 billion merg

Australia's biggest gold miner has reported a record statutory profit, helped by its acquisition of Lihir Gold and high gold prices, though Newcrest Mining's underlying profit was not as strong.