Gold boom drives rising costs for Aussie producers
As Australian gold producers set forecasts for their 2026 performance, a clear trend has emerged that sets them apart: costs are expected to rise even as non-gold miners predict lower…
Ramelius Resources
Gold Fields’ $2.4B Gold Road takeover vote nears
South Africa’s Gold Fields (NYSE, JSE: GFI) is closing in on its A$3.7 billion ($2.4 billion) takeover of Australia’s Gold Road Resources (ASX: GOR), with shareholders set to vote on…
Australia’s gold miners build M&A war chests
Australia’s top gold producers have stockpiled billions of dollars in cash and bullion as record-high gold prices fuelled by geopolitical turmoil and central bank demand swell balance sheets across the…
Vista Gold study doubles value, slashes costs for smaller Mt Todd project
A feasibility study update for Vista Gold’s (TSX, NYSE-AM: VGZ) open-pit Mt Todd project in Australia almost doubles its value and mine life while cutting costs by 59% over the…
Alkane to acquire Mandalay Resources in $358M deal
The merged company will operate under the Alkane Resources name and expects to produce 160,000 gold-equivalent ounces in 2025.
Consolidation in Western Australian gold sector to continue amid record prices
KALGOORLIE, WA — Record gold prices have set off a flurry of mergers and acquisitions over the past year in the Western Australian gold sector, with further consolidation still ahead,…
Aus gold miner Ramelius refinances for $160M in debt
Australian gold miner Ramelius Resources (ASX: RMS) has secured a A$175 million ($160 million) revolving debt facility, along with government grants, to fund its operations and recent acquisitions. Banks including Australia and…
Ramelius takes stake in Spartan, rules out takeover
Australian gold miner Ramelius Resources (ASX: RMS) has acquired an 8.9% stake in rival Spartan Resources (ASX: SPR), which is developing the Dalgaranga gold project in Western Australia. The miners said…
Ramelius Resources secures permit for Cue gold project
Australian gold miner Ramelius Resources (ASX: RMS) has secured a key permit from the Western Australian government for the company’s Cue gold project, which paves the way for early works to…
Double gold mine buy gives Genesis Minerals critical mass Down Under
Genesis Minerals (ASX: GMD), targeting growth in Western Australia, has purchased the Bruno-Lewis and Raeside gold projects from Kin Mining (ASX: KIN) for $48 million (A$53.5 million). The acquisition boosts…
TNM Drill Down: Australia tops gold assays Sept. 1–8 with Southern Cross and Musgrave
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our data provider…
TNM Drill Down: Canada’s East Coast delivers week’s best gold assays
Our TNM Drill Down features highlights of the top gold assays of the past week (June 2 – June 9). Drill holes are ranked by gold grade x width, as…