The former boss of gold play Wiluna Mining has vowed keep scrutiny on the collapsed company after a legal manoeuvre by administrators fizzled out.
Matt Mckenzie
John Van Der Wielen replaces former Rio Tinto boss Sam Walsh, who had chaired the mint’s Government-owed operating company, Gold Corporation, since 2019.
Sean Smith
Perseus Mining has stuck to its guns by refusing to bump up a $2.1 billion takeover offer for Predictive Discovery, labelling a rival bid from Robex Resources as ‘inferior’.
Adrian Rauso
Two idle underground mines plus adjacent exploration ground is being packaged into a new corporate vehicle called Valiant Gold.
Predictive Discovery says the new deal with Canada’s Robex betters last week’s ‘superior’ offer by Perseus and was preferred by major institutional shareholders.
Sean Smith and Adrian Rauso
Ramelius Resources has pulled the trigger on a share buyback program and doubled its minimum dividend as ASX-listed gold miners flush with cash look for ways to spend it beyond mergers and acquisitions.
Gold’s record run has driven a bigger national trade surplus in October and Western Australia once again dominated as the country’s export powerhouse.
Predictive said on Wednesday it deemed a proposed $2.1 billion scrip offer by Perseus shares to be a superior offer that would be accepted unless it was matched by Robex in the next five business days.
Tim Goyder is riding a golden wave to a supersized fortune as efforts to revive a mining project near Coolgardie attract investor interest.
Daniel Newell
Greatland Resources’ chief Shaun Day says “overdue but welcome” environmental approval reforms are unlikely to speed up the development of its new $1.7 billion underground gold mine in the Pilbara.
Simone Grogan
West African Resources wants to return to the trading boards after ‘constructive’ talks with Burkina Faso’s leaders, but the elephant in the room remains.
Key backers of Wiluna Mining rejected the billionaire prospector’s bid to snap up the collapsed gold producer in favour of a stock exchange rebirth.
Gold miners are printing money but shareholders of Westgold Resources must be feeling a little thrifty. Plus: Jim Chalmers reveals he’s a fan of hip hop.
Jobs paying $120,000 a year — whose only prerequisites are a driver’s licence and a clean drug test — are going begging due to a doom loop of worker and housing shortages in the State’s historic goldfields.
Matt (Dusty) Cook spends more time than he ever thought he would counselling customers who are utterly hooked on the rush of gold hunting to give it some thought before quitting their jobs.
Gold miner Northern Star is the latest WA resources company planning a big investment in renewable energy, with a plan to turn the Super Pit green.
Illicit processing, 800kg gold heists and an attempted angle grinding into a miner’s vault are among the jobs keeping the world’s only dedicated yellow metal crack squad on its toes.
Shareholders of Vault Minerals have panned a big bonus handed to the gold miner’s departing chief and a $517,768 golden handshake for another executive.
The Supreme Court dispute dated back to an alleged breach of a 2017 agreement for Zuleika to earn up to a 50 per cent stake in three gold deposits that form a key part of Catalyst Metals’ Plutonic mine .
Barrick Mining boosted its quarterly dividend and expanded a share buyback program after bullion’s record-breaking rally.
William Clowes
The frenzy to buy bullion has been laid bare with Perth Mint revealing that in October it sold nearly three times the amount of gold products compared to the same month a year ago.
Shares in West African Resources will remain frozen for the foreseeable future as a standoff with Burkina Faso’s military dictatorship continues.
Things are moving fast at Wiluna Mining and the crew at FTI Consulting have hit the ejector button. Plus: Cottesloe gets a royal visit of sorts. And Dino Otranto to the rescue.
A prize fight is emerging over collapsed gold play Wiluna Mining as famed prospector Mark Creasy’s business swoops in to buy a stake.
