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Out doorCommentsPremiumRyan Welker sacked as Ten Sixty Four MD

The managing director of Ten Sixty Four has been sacked by the Philippines-focused gold miner, just days after he was reported to have tendered his resignation from the company, giving six months notice.

Stuart McKinnon

Solid performanceRegis, Westgold bring light to beaten-down gold sector

Regis Resources and Westgold Resources have restored some investor faith in the beaten-down gold sector after reporting record production and only modest increases in operating costs.

Stuart McKinnon

More to comePremiumDacian acquisition a ‘sensible first step’: Finlayson

Genesis Minerals boss Raleigh Finlayson has hinted talks with St Barbara are advanced, describing the proposed acquisition of Dacian Gold as a “first step” in the consolidation of the Leonora gold district.

Stuart McKinnon

Liquidating assetsPremiumTroubled Firefinch cashes in shares in spin-out Leo

Firefinch has netted $12.9 million in a block trade of shares in its recently spun-out Leo Lithium as it looks to bolster its balance sheet while it battles production issues at its Morila gold mine in Mali.

Stuart McKinnon

Parting waysPremiumBorder breacher Nev Power to exit after striking gold deal

WA border cheat Nev Power is set to make a graceful exit from Genesis Minerals as part of its $111 million scrip takeover of Dacian Gold.

Stuart McKinnon

In-country issuesFirefinch’s problems at Morila highlight African risks

A big production downgrade from Firefinch at its Morila gold mine in Mali has highlighted the challenges of working in dubious mining jurisdictions.

Stuart McKinnon

Tie-up likelyPremiumSt Barbara talks back on as Genesis, Dacian deal takes shape

Genesis Minerals’ proposed takeover of Dacian Gold could form part of a broader consolidation of the Leonora district after St Barbara said talks with the Raleigh Finlayson-led explorer were back on.

Stuart McKinnon

Closing in PremiumGenesis reportedly near to Dacian Gold buyout

The Raleigh Finlayson-led company has been looking over several companies with the aim of transitioning from an explorer to a gold producer.

Sean Smith

Enjoying tailwindsCommentsPremiumForrest’s interest in Regis lifts gold sector

Shares in beaten-down, mid-tier gold miners have enjoyed a bump following Andrew Forrest’s failed attempt to snare an extra 15 per cent of Regis Resources.

Stuart McKinnon

Precious playPremiumAndrew Forrest in stock raid on Regis to lift gold exposure

Andrew Forrest is understood to be trying to increase his exposure to gold via a raid on the share register of downtrodden mid-tier miner Regis Resources.

Stuart McKinnon

Downgrade loomsCommentsPremiumFirefinch in cash call as MD follows two directors out door

Firefinch is understood to be rattling the tin for more cash after the sudden departure of key personnel and ahead of anticipated news of a big production downgrade at the African-focused gold play.

Stuart McKinnon

Big upgradeCommentsPremiumNorthern Star eyes $1b mill expansion at Super Pit

Northern Star Resources is eyeing a $1 billion refurbishment of the mill at its Kalgoorlie Super Pit operation that would almost double its capacity and lift production by 200,000 ounces a year.

Stuart McKinnon

Miners smashedEvolution Mining sends chill across the gold sector

Evolution Mining sent a chill across the gold sector on Monday after it flagged a big production downgrade and shelved a multi-million dollar expansion of the mill at its Mungari operations near Kalgoorlie.

Stuart McKinnon

Sharp retreatCommentsPremiumBleed continues at St Barbara as market loss hits $320m

Shares in St Barbara have continued to dive as investors digest revelations that an asset in PNG could be sold off and a gold mining operation in Canada could be force into a production halt within months.

Daniel Newell

Strategic reviewCommentsPremiumSt Barbara sinks as it mulls potential sale of Simberi

St Barbara has put a final investment decision on the expansion of it Simberi sulphide project in Papua New Guinea on hold as it mulls a likely increase in capital costs and a possible sale of the asset.

Daniel Newell

Caught upCommentsPerth business unfairly hit by sanctions against Russia

A frustrated Perth businessman has been left nearly $200,000 out of pocket after becoming the innocent victim of international sanctions imposed on Russian entities over the invasion of Ukraine.

Stuart McKinnon

Rising costsCommentsDacian boss walks as miner halts work, citing inflation

Dacian Gold boss Leigh Junk will part ways with the embattled gold miner after it revealed it would suspend open pit mining operations at its Mt Morgans mine near Laverton, citing inflationary pressures.

Stuart McKinnon

Bad dayCommentsKingsland Minerals in hapless ASX debut

Northern Territory-focused explorer Kingsland Minerals has experienced a lamentable debut on the ASX after listing on the worst day on the local bourse for two years.

Stuart McKinnon

He’s backCommentsPremiumCOVID border cheat Nev Power returns to board of Genesis

Convicted border cheat Nev Power will return to the board of Genesis Minerals as a non-executive director from Tuesday.

Daniel Newell

DMIRS inundatedCommentsPremiumBooming WA mining sector causes permitting backlog

WA’s booming exploration and mining sector wants more done to cut approval times after the State Government agreed to redirect resources to clear a backlog of permit applications.

Stuart McKinnon

Solid backingCommentsPremiumWiluna secures shareholder support, staves off collapse

Wiluna Mining has avoided the risk of immediate collapse after revealing it has received shareholder commitments of more than $50 million under an emergency $84.5m rights issue flagged last month.

Stuart McKinnon

No dealCommentsPremiumSpeculated Genesis, St Barbara tie-up a non-starter

Raleigh Finlayson’s Genesis Minerals has poured cold water on speculation of a tie-up with gold miner St Barbara despite admitting discussions had taken place.

Stuart McKinnon

Capital raisingPremiumBMG looks to raise $2.5m in placement

Gold explorer BMG Resources was on Tuesday rattling the tin for $2.5 million to fund further exploration at its Abercromby project near Wiluna.

Stuart McKinnon

Investors applaudCommentsPremiumPerenti shares soar on mammoth Barminco contract, buyback

Shares in WA-based Perenti have skyrocketed after its Barminco underground mining unit was awarded one of its biggest-ever contracts and it announced a 12-month share buyback program.

Daniel Newell