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St Barbara has appointed Macmahon Holdings as the underground mining contractor at the Gwalia mine at Leonora in WA. The initial contract term is five years, with an option for St Barbara to extend for a further three-year period. According to St Barbara Managing Director and CEO Craig Jetson, the appointment of Macmahon brings an opportunity to enhance the performance of the Gwalia mine. “This change is indicative of St Barbara’s determination to enliven Gwalia’s future, to safely and sustainably rebuild operational performance and to secure future investment by delivering predictable and strong financial returns,” he said. “We would like to thank Byrnecut for their service over the past seven years and look forward to an orderly and effective transition....

Copper prices hit an eight-year high in January, reaching US$8103/t on the London Metal Exchange, with analysts predicting the price rise to continue in 2021, as high as US$9500/t in the fourth quarter. The green energy drive by global governments, the transition to electric vehicles and the push by the mining industry to lead the ESG movement through decarbonisation and emissions reductions, sees the demand for copper rising in the medium term as supply struggles to catch up. After falling to its lows in March 2020 where it plummeted to around US$5000/t from the COVID-19 lockdowns, prices have rebounded sharply since June, reaching US$5700/t that same month, followed by further highs of US$6800/t in September and US$7674.50/t in December. ABN...

Bardoc Gold has taken further steps towards its objective of joining the ranks of Australia’s mid-tier gold producers during the December Quarter, with its transition to developer status now imminent and its development pathway substantially de-risked. The company has consolidated a 247km2 ground position 40km north of Kalgoorlie, with more than 3Moz in Mineral Resources. The March 2020 PFS envisaged a 135kozpa operation over an initial eight years from four cornerstone deposits. Bardoc completed a transformational capital raising in July 2020, which was strongly supported by a number of leading Australian and international institutional and strategic investors. The capital raising increased Bardoc's cash reserves to over $35m, putting it in a very strong position as it makes the transition from...

Malabar Resources has welcomed the decision by the NSW Independent Planning Commission (IPC) to approve the Maxwell Underground Project near Muswellbrook in the NSW’s Upper Hunter. The determination follows the project’s comprehensive and technical review by independent experts and rigorous assessment by the NSW Department of Planning, Industry and Environment (Department). The Department in its whole-of-government assessment report concluded that the Maxwell Underground Project was “in the public interest” and “approvable”. The project also underwent significant community consultation and engagement, including through the public exhibition of the project’s Environmental Impact Statement in September 2019 and a public hearing facilitated by the IPC in November 2020. Chairman Wayne Seabrook said Malabar is eager to begin the necessary next steps to begin...

WONDER WOMAN 84 Gal Gadot, Chris Pine, Kristin Wiig, Pedro Pascal This year of living dangerously has been sparse in terms of major superheroes gracing the big screen. Ironically, after a golden period of box-office dominance, the one thing DC and Marvel’s greatest heroes couldn’t defeat was a pandemic. But now, as the gruelling past 12 months close, one comic book character has emerged like a true hero to defy the odds to make it to the big screen and rescue 2020 from total misery: Wonder Woman. Director Patty Jenkins embraces the same essence of innocence and optimism that she harnessed for the 2017 predecessor, illuminating the DC Extended Universe that was once so mired in morally murky seriousness and...