Dacian Gold has underpinned its gold production aims at its Mt Morgans gold operation near Laverton in the northern Goldfields to 2025 after upping its reserves by 16 per cent in a new update (reports The West Australian).
Gold continued to outperform the rest of the resources sector this week but a bounce could be brewing among unloved nickel stocks as a deficit of the metal grows and a Chinese de-stocking cycle comes to an end.
TNG has appointed Germany’s KfW IPEX-Bank as its exclusive senior debt advisor and arranger to lead the US$600 million financing for the Mount Peake vanadium-titanium-iron project in the Northern Territory (reports MiningNews).
Gold producer Millennium Minerals is hoping an upcoming reserve upgrade will bring it closer to achieving its objective of a five-year mine life at the Nullagine gold mine in the Pilbara (reports MiningNews).
Red 5 (ASX: RED) has taken a step towards returning its King of the Hills gold mine in WA to 200,000oz-a-year status, according to Perth broker Hartleys, justifying a Speculative Buy recommendation and 10.4c price target for the stock.
Newly rebranded Bardoc Gold is aiming to make a splash in the Western Australian gold scene in 2019 (reports MiningNews).
The company, formerly known as Spitfire Materials, was previously a manganese explorer until geologists John Young and Neil Biddle - of Pilbara Minerals fame - entered the scene in 2017 with a focus on gold.
Since then, Bardoc has merged with former small-scale north Kalgoorlie producer Excelsior Gold and stalled developer Aphrodite Gold.