Evolution Mining, a member of the Gold Industry Group, has finalised a binding agreement to purchase an 80% stake in the Northparkes mine from China Molybdenum Co. (CMOC).
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Saturn Metals a member of the Gold Industry Group has recently shared promising outcomes from its drilling activities at the Apollo Hill gold project in Western Australia.
Gold, often referred to as the "king of metals," has captivated humanity for centuries. Its unique status as a financial asset, with a rich interplay of historical, financial, and psychological factors, holds a strong appeal for many investors.
The heart of Australia's gold industry, Kalgoorlie, once again played home to the remarkable three-day spectacle of Diggers & Dealers 2023, held from August 7 to 9.
With many gold mining companies taking centre stage, the event proved to be a resounding success, reaffirming its status as a cornerstone gathering for the global mining industry.
Diggers & Dealers was back bigger than ever in 2022, with more than 2,600 attendees excited to return from around the globe to be at Australia’s pinnacle mining industry conference.
Even the wild weather didn’t impact the mood, with Forum Chairman Jim Walker crediting the record attendance at the iconic three-day Kalgoorlie event to an active and engaged mining industry.
The latest Resources and Energy Quarterly (REQ), from the Federal Government’s Department of Industry, Science, Energy and Resources, reported Australia’s gold mine production is projected to rise at an average of 6.8% a year in the next three years, reaching a peak of 390 tonnes in 2025–26.
This year’s 30th Diggers & Dealers Mining Forum was hailed one of the biggest yet, attracting more than 2500 delegates to hear mining’s growth stories in Kalgoorlie-Boulder, despite having no overseas visitors for the second year running.
Attendance could have been greater at the nation’s largest mining forum with Western Australia having no event restrictions, however due to COVID-19 lockdowns over east preventing many from traveling to the State, several companies presented virtually as thousands streamed the event online.
The Junior Minerals Exploration Incentive (JMEI) has been extended for four years thanks to a $100 million boost from the Coalition Government that will fuel industry growth and ensure jobs for future generations of miners.
The JMEI has supported 85 junior exploration companies to date, with over half of these companies headquartered in Western Australia. Australia’s gold exploration activities are critical to the future growth of the industry.
The latest Resources and Energy Quarterly (REQ), reported Australia increased its production by 0.6% to 328 tonnes in 2020, despite a decrease in global gold supply by 3.9% due to COVID-19.
As the world’s second largest gold producer, Australia’s industry is continuing to keep our nation strong, making a vital contribution to our economic prosperity and supporting the social fabric of our communities.
The Perth Mint has announced a ground-breaking public Q & A series with Australian entrepreneur Mark Bouris, to demystify the world of gold investing.
‘Searching for Gold with Mark Bouris’ is an exclusive joint venture with The Perth Mint and Mr Bouris, who will lead the public on the search for the answer to the question ‘why invest in gold?’.
Gold shone bright at this year’s Diggers & Dealers Mining Forum as 1,900 delegates converged in Kalgoorlie, marking its first time without visitors from overseas and interstate.
Relive the golden highlights from the 29th year of the Diggers & Dealers Mining Forum.
Since the gold rushes of the 1850s Australia’s gold industry has been making a vital contribution to the country’s economic prosperity, generating wealth and underpinning global production. Moreover it is the lifeblood of many regional communities, creating jobs and educational opportunities, while providing vital infrastructure and boosting tourism.
Northern Star Resources Limited and Saracen Mineral Holdings Limited are set to join forces, agreeing to a merger-of-equals worth $16 billion that will see the creation of a top-10 global producer.
Their combined world-class portfolio and three large-scale gold mines in Kalgoorlie and Yandal in Western Australia, as well as in North America, will target production of 2Mozpa.
The Deloitte WA Index’s gold report is a tale of two decades, covering gold’s transition from Y2K to the COVID-19 pandemic and everything in between.
Discover how the same asset that was used to support various monetary systems around the globe in the 20th century remains a key element in today’s economic tapestry, with its intrinsic value and ability to weather market declines, rising inflation and depreciation of currency.
ABC Refinery is now accredited by the CME Group for its premier gold product, the COMEX ‘GC’ gold futures contract, and sees ABC Refinery bars added to the COMEX good delivery list of brands used to physically settle against the GC gold futures contract in New York.
ABC Refinery is the refining division of the Pallion Group and have been involved in the refining and processing of precious metals in Australia since 1951.
Global leader in precious metals The Perth Mint has joined with leading-edge technology specialists Security Matters Ltd to develop the world’s first mine to market ethical gold supply chain assurance solution.
Titled trueGold, the initiative will lead the commercialisation of a worldwide integrity application for gold mining companies, refiners, vault operators, depositories, mints, wholesalers and retailers.
InfiniGold have announced the launch of the Perth Mint Gold Token (PMGT), the first digital gold token on a public blockchain to be backed by government guaranteed gold.
The Perth Mint Gold Token (PMGT) is a digital token backed 1:1 by GoldPass™ certificates issued by The Perth Mint - the world’s largest refiner of newly-mined gold which is guaranteed by the highly rated sovereign entity, the Government of Western Australia.
Australia’s gold exports are forecast to hit a record high of AUD $25 billion in 2019-20 according to the Department of Industry, Innovation and Science’s September edition of Resources and Energy Quarterly (REQ).
The September REQ shows Australia remains the world’s second largest producer of gold, with production increasing by 6.3% in FY 2018–19 to 321 tonnes, equating to 9% of the world’s total supply in 2018.
The Gold Industry Group joined more than 600 investors, bullion and finance industry professionals and media to learn about the global case for gold at ABC Bullion’s sold out national conference in Sydney on Tuesday 20 August.
Pallion CEO Andrew Cochineas (ABC Bullion’s parent company) kicked-off the conference noting that the Australian gold industry was a true bright light in the Australian economic landscape with a record gold price combined with the competitive advantage of a weaker Australian dollar.
This year’s Diggers & Dealers was as good as gold as 2450 delegates descended on Kalgoorlie for mining’s biggest industry event.
Former Australian Prime Minister John Howard was a hit, gold shone throughout the three day program with GIG Directors Andrea Maxey and Stuart Tonkin taking to the stage, a focus on the image of mining created much discussion at our popular breakfast event with Deloitte, and Northern Star Resources claimed dealer of the year.