Plans for a big solar farm and battery in the South West have fallen through after the targeted customer, gold miner Newmont, extended its long-term coal power supply.
Andrew Forrest's Wyloo has spent $200 million to buy out Newmont Gold's stake in Greatland Resources, in a move giving it 18.1 per cent of the gold producer.
The world's largest goldminer has warned of a 60,000-ounce shortfall from its Boddington mine in the coming months, after fire damaged key infrastructure at the site.
The Bulls N' Bears ASX Runner of the Year is… Kaili Resources, which ran on hot air and a tight Chinese register for a meme-stock frenzy in under 48 hours. Dateline Resources got the ultimate Trump Truth Social shout-out for its Colosseum gold-rare earths play near the Mountain Pass mine in California, Locksley Resources unlocked antimony and rare earths just next door, Sunrise Energy Metals flew on its monster scandium deposit in NSW and Mount Ridley dropped Australia's biggest gallium resource out of nowhere. IPO of the year went to the aptly named Metal Powder Works, as goldies Forrestania, Focus and a lonely oil player Finder Energy rounded out the list.
Goldminers are increasing the scale and size of their operations amid a record price environment fuelled by geopolitical tensions and economic uncertainty.
The environmental watchdog will assess Newmont's proposed Boddington mine extension, expecting impacts from the flagged clearing of 528 hectares of native vegetation.
Backed by the world's largest goldminer, Ariana Resources is tapping investors for up to $15 million to dual-list on the local stock exchange as the yellow metal continues its bull run.Ariana Re
The world's largest goldminer has boosted the proceeds from its sale of the Telfer asset to ASX-listed Greatland Resources, reporting a 230 per cent relative return on recently sold shares.
Perth Festival's Nathan Bennett will be stepping down to become chief executive of World Masters Games Perth 2029 early next year, an international multi-sport competition is held every four years
Government House official secretary Howard Gretton will lead the Western Australian team at the Australian Broadcasting Corporation, having been appointed state manager at the national broadcaster.
The half-owner of the Bluewaters coal power station is pursuing the development of a major wind farm in WA's South West in partnership with local outfit Wind with Purpose.
Our weekly appointments wrap includes Lanie Chopping, Rebecca Brown, Peter Woronzow, Richard Sellers, Prudence Griffin, Jessie Liu-Ernsting, Shannon Robinson, Rhys Waldon, Mark Pivac, Brett Smith, Michael Skead, Jackson Allen and Jackie Donald.
Greatland Gold directors including Mark Barnaba and Elizabeth Gaines will be paid to surrender millions worth of in-the-money share options, to meet the company's ASX listing requirements.
The state opposition has called for a relaxation of the government's coal-fired power phase-out deadline, highlighting a recent move by Queensland's Liberal government as a precedent.
Goldminer Newmont Corporation has struck a long-term supply agreement with WA's largest wind farm, months after extending its contract with the state's largest coal-fired power station.
Citing a desire to enhance its balance sheet and optimise its portfolio, Newmont Corporation has sold three of its non-core projects for $US1.7 billion, or $2.7 billion.
Greatland Gold has lauded the transformative potential of its $700 million deal for Newmont's Telfer mine and the nearby Havieron gold project, as it closes in on its completion this week.
Newmont Corporation shares have lost almost 20 per cent of their value in two days, as concerns over costs at the world’s largest goldminer continue to weigh on the business.The US headqua
Management at Kalgoorlie Superpit owner Northern Star Resources has hailed the company's “exceptional” financial position, amid a record Australian gold price environment.
In tough recent times for many junior mining companies on the ASX, luring a financially-powerful “big dog” onto the share register to provide some much-needed muscle has become a common boardroom pursuit. In this second part of an occasional series, Bulls N' Bears takes a look at some of those companies which have prospered after jumping into the business bed with a major partner.
Greatland Gold chief executive Shaun Day believes the Telfer gold-copper mine his company is acquiring in a $700 million deal with Newmont Corporation is in its best shape in nearly two decades.
Remarks by Wayne Bramwell to Business News this time last year have proved somewhat prophetic, considering recent events in the Western Australian gold sector.
High gold prices led Boddington goldmine owner Newmont Corporation to exceed its profit estimates last quarter, despite a production drop off linked to the Telfer project in WA.
A proposed doubling of a cap applied to energy prices has been met with calls for change by industry players, in a series of submissions to the Economic Regulation Authority.
Australian gold production fell nine per cent in The March quarter, weighed down by the impacts of severe storms which hampered output in Western Australia and other gold mining regions.
International goldminer Newmont has had to stop activity at its Telfer gold mine after WorkSafe issued two prohibition notices over the Pilbara operations.
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.
Recent power outages in Kalgoorlie have failed to deter Northern Star Resources from remaining on course to achieve its production guidance for the 2024 financial year, according to managing director Stuart Tonkin.
