The Victorian Labor government’s state budget, handed down by Treasurer Tim Pallas, includes plans to introduce a 2.75 per cent royalty on gold production.
Superior Resources has signed an earn-in and joint venture agreement with global miner South32 to advance exploration of the Company’s 100 per cent-owned Nicholson Project in north-west Queensland.
Vale has identified movement at the northern slope of the Gongo Soco mine pit in Barão de Cocais, Minas Gerais, warning of a possible dam collapse.
Matsa Resources and AngloGold Ashanti have entered a five-year Ore Purchase Agreement for the procurement of ore from the Red October mine in Western Australia, and treated at the AGAA-owned Sunrise Dam gold mine.