Tanami moves into its field of dreams
February 2 - 8, 2010
THE spotlight on expansion by Australia’s small gold producers has burned brightly on Kalgoorlie but Tanami Gold has now put its best foot forward to the north with its deal to buy Groundrush from Newmont for $A22 million. Another $30-40 million of outlay may well be enough to see it graduate into a two-mine producer of 200,000oz a year within two years.
Back to the future for Newcrest
February 2 - 8, 2010
THE first decade of the 21st century was a good one for shareholders in Newcrest Mining who will be now looking for the next uplift in the stock after a couple of relatively flat years on the market.
Saracen puts life back into Carosue Dam
February 2 - 8, 2010
FIRST gold pours always bring with them a rightful sense of achievement, but too often the high wears off when the hard slog of mining sets in. For Saracen Mineral Holdings the resurrection of Carosue Dam is the culmination of four years’ work and the company is determined not to be another failed gold play.
