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Panoramic puts Barminco in control of Savannah
Panoramic Resources has handed underground operational management of the Savannah nickel mine in Western Australia to Barminco. The contractor expects additional underground fleet to arrive on site over coming weeks to improve equipment reliability. Panoramic was...
Deals in metals and mining boosted by Super Pit sale
The value of mergers and acquisitions (M&A) deals in Australia’s metals and mining industry increased by 367.4 per cent during the fourth quarter of 2019. Australian M&A deals reached $US3.37 billion ($5.2 billion) during the fourth quarter, which marked a...
Gold, copper drive exploration budgets to seven-year high
Exploration budgets in the Australian mining industry have risen by 15 per cent to a seven-year high last year, according to S&P Global Market Intelligence. The budget increased for the third consecutive year from 2018 to 2019 by almost $US200 million ($306...Australian gold production achieves all-time highs
Australian gold production reached an all-time record of 325 tonnes last year, with a particularly outstanding December quarter, according to Surbiton Associates. Gold production during the December period hit a record quarterly output of 87 tonnes, exceeding the...