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Horizon launches into Boorara for gold growth mission Bulls N' Bears 29 Aug 2024

Horizon launches into Boorara for gold growth mission

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Horizon Minerals has kicked off mining activities at its recently-approved Boorara gold development operation that sits adjacent to Northern Star's massive Super Pit mine in the regional WA city of Kalgoorlie. Management last month gave approval for the mining of four open pits containing 1.24 million tonnes of ore grading 1.24g/t gold for 49,500 ounces and says it has already kicked the plan into action.

Horizon locks in new WA gold toll milling deal Bulls N' Bears 13 May 2024

Horizon locks in new WA gold toll milling deal

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Horizon Minerals has inked a toll milling agreement with FMR Investments to process 200,000 tonnes of gold ore from its Cannon underground mine at the Greenfields Mill near Coolgardie in Western Australia. The binding agreement comes alive in December, with Horizon arranging contract mining and the 67km haulage of ore to Greenfields by road. Milling is expected to take up to eight months to complete.

Ore sale deal to fuel Horizon cash flow from WA gold Bulls N' Bears 06 May 2024

Ore sale deal to fuel Horizon cash flow from WA gold

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Horizon Minerals is on the path to generating its first cash flows from mining its Boorara gold deposit in WA after entering an ore sale agreement with Paddington Gold for the treatment of 1.4 million tonnes of ore at the Paddington mill. The agreement will start in the next quarter and run for 22 months, with the mill sitting about 56km by road from Boorara.

Carbine cans Mount Morgan Mining 23 Mar 2018

Carbine cans Mount Morgan

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Subiaco-based Carbine Resources has pulled the pin on its planned redevelopment of the Mount Morgan copper-gold project in Queensland, in which it has already invested $12 million, while managing director Tony James and two directors have tendered their resignation.

Zijin bids $47m for Phoenix Gold Deals 22 Jun 2015

Zijin bids $47m for Phoenix Gold

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The tussle for control of Phoenix Gold intensified today after Zijin Mining Group struck a pre-sales agreement with one of the miner's largest shareholders, boosting its interest to 17.9 per cent ahead of announcing a cash takeover bid that values the business at $47 million.

Video 26 Jul 2013

Today's Video News

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Business News video update for Friday July 26. Shanna Crispin reports. Kevin Rudd visits WA. Rental growth outperforms home values. Kalgoorlie Mining Company takeover nears completion and more.

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