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…
Regis Resources
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…
Australia gold output falls as miners tap stockpiles
Gold mine output in Australia fell 7% quarter-over-quarter as more miners used lower-grade stockpiled material to blend into their mill feed, a new report says. Australia, the world’s largest gold…
Ruling Labor may defeat ‘Trump-lite’ Dutton Down Under
While the cost of living and a housing crisis are the main issues for Australian voters May 3, politicians recognize the need to win over the country’s mining sector that…
Regis Resources sues Australian minister over blocked gold mine
Regis Resources (ASX: RRL) has initiated legal proceedings to overturn a federal minister’s decision that halted its US$1-billion McPhillamys gold and silver project in New South Wales, Australia. In August,…
AngloGold, Regis to take Havana gold mine underground
Tropicana gold mine partners Regis Resources (ASX: RRL) and AngloGold Ashanti (NYSE: AU; JSE: ANG) are going ahead with the A$114-million (US$76 million) Havana underground project in Western Australia. The…
Australian gold production declines as miners adapt to record prices
Australia, the largest gold producer after China, produced slightly less of the yellow metal in the 12 months to June 30 as miners adjusted strategies for record high prices even…
Australia at risk of losing its ‘shine,’ miners warn
BHP the latest to issue warning over Australia’s competitiveness
following Regis gold mine rejection.
Regis takes US$130M hit on Australian project in new heritage zone
Regis Resources’ (ASX: RRL), the third-largest gold miner on the ASX, says its McPhillamys project in Australia has lost almost all of its value after the federal government issued an…
Regis Resources says Australian project ‘not viable’ after minister’s order
Australian gold miner Regis Resources (ASX: RRL) warned on Monday that its McPhillamys project is “not viable” due to a last-minute environmental protection declaration by the federal government. The company…
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,…