News in Numbers
300,000oz
Capricorn Metals’ annual gold production rate after completion of its Karlawinda expansion and Mt Gibson gold projects. The company recently raised A$200m to support project expansion.
A$110m
The amount Australian gold miner St Barbara is set to raise through a discounted share offering to expedite the expansion of its Simberi sulphide operations in Papua New Guinea.
570
The number of jobs that Australia-based Mineral Resources is cutting at its Mt Marion lithium project in Western Australia, amid slowdown of underground construction at the mine.
A$1.6bn
The value of the five-year mine services agreement awarded to Golding Contractors, part of NRW Holding, for Stanmore’s South Walker Creek coal mine in Queensland.
2050
The year that Newmont hopes to operate its Cadia underground gold mine until. The company recently lodged an application with the Australian government to extend the life of the mine.
