News in Numbers
A$5bn
Northern Star Resources completed its A$5bn acquisition of gold mining company De Grey Mining through a court-approved scheme of arrangement.
2
Western Mines Group received two awards totalling A$440,000 for further drilling at the Mulga Tank nickel-copper-platinum group elements project.
1.5%
Medallion Metals has amended the terms of agreement with IGO to acquire 100% of Forrestania Nickel Operation, excluding the rights for nickel and lithium. The terms grant IGO a 1.5% royalty on future gold production.
A$430m
Evolution Mining’s board has approved an A$430m ($273m) investment to expand its Cowal Gold Operations in New South Wales, extending the mine’s life by ten years to 2042.
139,000oz
The updated mineral resource estimate for Astral Resources’ Spargoville gold project in WA now reports 139,000oz of contained gold.
