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OceanaGold confirms Macraes life extension

OceanaGold has increased its gold reserves for 2020 following a string of exploration activities across its New Zealand and United States assets. According to OceanaGold, its proved and probably (P&P) gold reserves increased by 14 per cent year-on-year to 143...

CITIC to mine additional 1bn tonnes of iron ore

CITIC is set to strike a deal with Mineralogy chairman Clive Palmer to mine a further one billion tonnes of iron ore in Western Australia. The move follows a judgment from the Supreme Court of Western Australia, where Justice Ken Martin ordered CITIC and Mineralogy to...

Red 5 to run King of the Hills with hybrid power

Image: Red 5 Red 5 has awarded a gas and solar power supply contract to Zenith Power to power operations at the King of the Hills (KOTH) gold mine in Western Australia. The agreement includes an on-site power station and solar generated power with a capacity of 30...

Resources and energy exports set records

Australia’s Resources and Energy quarterly report has predicted a record $296 billion in exports for the 2020-21 financial year as the likes of iron ore and gold overcome the impact of COVID-19. Iron ore earnings are expected to rise by one third to hit a record $136...
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