A licence dispute between Jim Beyer-led Regis Resources and a prospector has thrown mining wardens' jurisdiction into uncertainty, a court decision shows.
The Australian dollar gold price soared above $6,000 per ounce for the first time on Tuesday, in an additional boost for a trio of gold producers reporting quarterly production figures.
Regis Resources insists it will only move on inorganic growth opportunities if the value proposition lines up, days after it was linked to a buy-out its Tropicana goldmine partner.
Defence and gold drove the growth in value of Western Australia's listed companies last financial year, fueled geopolitical uncertainty and economic instability.
GOLD WRAP: Northern Star Resources' flagship Kalgoorlie Consolidated Gold Mines missed its revised full-year sales target, while Ramelius Resources hit a major milestone for the first time.
Regis has posted another year of underground ore reserve growth at Duketon after it withdrew reserves linked to its McPhillamy's development last August.
Regis Resources will wait until December for a review of a contentious ministerial decision to block the build of its McPhillamys goldmine in New South Wales.
A cashed-up Regis Resources hopes to have a clearer picture of the future of its McPhillamys gold project by mid-year, as it explores options to add ounces to its production profile.
A bid by federal Coalition senators to overturn Environment Minister Tanya Plibersek's decision to block the development of Regis Resources' McPhillamys gold has fallen flat.
Regis Resources is seeking a judicial review of Tanya Plibersek's contentious ruling against a tailings dam at its McPhillamys asset, reiterating the call rendered the project unviable.
Regis Resources has used its quarterly report to again lash the contentious ministerial blocking of its McPhillamys gold project, as early stage work starts on a new concept study at the proposed mine.
In this edition of Bulls N' Bears Big Hits, we examine some of the more notable drill intercepts revealed on the ASX, including African Gold's 33m at 2.4g/t gold at its Didievi project in Cote d'Ivoire. We also take a close look at other interesting drill hits from last week as reported by Nexus Minerals and Great Southern Mining, both from WA's Goldfields region.
Goldmining executive Simon Lee will retire in November, after calling time on a prolific multi-decade career of success which has fingerprints across the sector in Australia and abroad.
Tropicana joint venture partners AngloGold Ashanti and Regis Resources will spend as much as $15 million on growth this year, after approving development underground at the Havana mine.
The race is still on for companies trying to crack the exploration code within Western Australia's rugged Albany-Fraser Orogen in the ongoing mission to reproduce the area's renowned – and only – Nova-Bollinger nickel-copper find. Despite some firms claiming to have defined the geological silver bullet they believed would shoot them to fame, the search for the elusive prize continues.
Federal Environment Minister Tanya Plibersek has insisted Regis Resources' McPhillamys gold project is not dead, despite controversially blocking a critical tailings dam at the site.
Regis Resources has posted a $186 million net loss for the 2024 financial year, as the fallout continues from a controversial ruling at its McPhillamys project in NSW.
Analysis: The political fallout has continued from Tanya Plibersek's shock ruling against a tailings dam at Regis Resources' McPhillamys gold project in NSW, formally revealed on Monday.
Regis Resources says a decision to block the construction of a tailings dam at its McPhillamys project in NSW, revealed late last week, could kill the project entirely.
Terrain Minerals' geophysics have identified five conductors at its Lort River project near Esperance in Western Australia that show the potential for sulphide mineralisation analogous to IGO's renowned Nova-Bollinger deposits in the same mineral belt. Two of the conductors lie on the western periphery of a prominent “eye-shaped” aeromagnetic imagery feature that may also signify a mineralised mafic intrusive.
Regis Resources chief executive Jim Beyer has revealed the company is open to a JV partner at its McPhillamys gold project in New South Wales, while lauding the project's approvals status.
GOLD WRAP: Kalgoorlie Super Pit owner Northern Star Resources generated gold production and cash flow records last financial year, but was impacted by constraints at its Yandal hub.
A definitive feasibility study 12 years in the making by Perth-based gold producer Regis Resources has outlined the long-life potential of the company's McPhillamys project in NSW.
Red 5, Ramelius Resources and Regis Resources have each unveiled major milestones ahead of company reporting season, as bumper gold prices drive records.
Regis Resources has applied to join IGO in the legal action South32 launched over a $122 million royalty dispute from the Tropicana gold mine proceeds.
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.
Gold miner Regis Resources has announced it will develop both its Garden Well Main and Rosemount Stage 3 underground mines, as its underground growth strategy gains further momentum.
Terrain Minerals is preparing to stare directly into a Nova-style “eye” magnetic feature at its Lort River project, with a detailed airborne electromagnetic survey slated to kick off early next month. The company identified the intriguing feature just eight weeks ago and is wasting no time in refining the target, which displays stark similarities to IGO's Nova-Bollinger nickel-copper-cobalt deposit in Western Australia's prospective Albany-Fraser Belt.
Some old-fashioned detective work has set Terrain Minerals on a pathway to try and emulate Sirius Resources' 2012 discovery of the hulking Nova-Bollinger deposit in WA's Fraser Range. Terrain says its search through old geophysical records identified an intriguing “eye-shaped” feature near its ground similar to the one that led to the Nova-Bollinger base metals discovery – just 300km to the north on the same geological structure.
Our weekly appointments wrap includes Michael Holmes, Stuart Gula, Tress Walmsley, Lyndon Mickel, Paula Wilkinson, Mark McGowan, Peta Slocombe, Kaylene Gulich, Kathleen Conlon, John Humphrey and Richard Goyder.
