Newcrest managing director and chief executive officer Sandeep Biswas has flagged the importance of copper to the company’s portfolio as demand for clean energy technologies increases.
By Anthony Fensom
Strong market conditions for two key commodities mined by ASX-listed companies are set to spark an increase in exploration activity.
The gold industry has started to settle following record highs amid the initial outbreaks of COVID-19 in 2020, but what’s next for the precious metal?
Newcrest Mining has returned promising assays at the Havieron joint venture gold project in Western Australia, indicating growth in its mineral resource outside of the current estimate.
Gold Road Resources has managed a barrage of processing plant issues at the Gruyere gold joint venture in Western Australia to achieve $129.6 million in revenues during the first half of 2021.
Red 5 has hit several construction milestones at the King of the Hills (KOTH) gold project, as the emerging gold miner nears production at the Western Australian site.
Bellevue Gold’s stage two feasibility at its namesake project in Western Australia has positioned the site to become one of the world’s top operations in grade, production and financial performance.
AIC Mines has agreed to buy the Eloise copper mine in North Queensland from FMR Investments for $27 million, transforming the explorer into a producer.
Mako Gold has completed a $10 million placement on the dawn of commencing its 45,000-metre drill program across its assets in Côte d’Ivoire.
Australia has surpassed China as the largest gold producer for the first half of the year due to higher output from the country’s major miners, according to Surbiton Associates.