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New Reaming Bit for Tunnelling Drill and Blast

Reaming type bits in underground drilling and blasting operations are used to enlarge selected existing blast holes to bigger diameters for effective blasting and rock fragmentation.  This is typically performed in tunneling, mining, and underground construction...

Dacian, NTM Gold announce $96.4m merger

Mt Morgans. Image: Dacian Gold. Dacian Gold is set to merge with NTM Gold in an effort to consolidate the former’s Mt Morgans gold operations with the latter’s Redcliffe gold project in Western Australia. The merger has been unanimously supported by NTM’s board, with...

Aurelia snaps up $200m Dargues gold mine

Aurelia Metals is set to acquire the recently commissioned Dargues underground gold mine in New South Wales from Diversified Minerals for up to $205 million. The Dargues mine only delivered its first shipment of gold concentrate in June and is anticipated to produce...

Sandfire to secure Auris stake

Sams Creek project location plan. Image: Auris Minerals Sandfire Resources will secure a 19.99 per cent share of Auris Minerals once it completes the offloading of the Sams Creek gold project in New Zealand. The company has exercised 32,150,000 Auris shares as part of...