Author: Samantha Bawden

Gold Fields to acquire Gold Road for $3.7b South African gold giant Gold Fields is set to acquire one of Australia’s largest gold miners, Gold Road (ASX: GOR), in a takeover scheme valuing the company at $3.7b. Gold Road has convinced its Gruyere gold mine joint venture partner to increase its takeover bid, proposed in March for $3.3b, by nearly $400m. Gold Road has entered a scheme implementation deed that will allow Gold Fields to acquire 100% of shares in Gold Road by way of a scheme arrangement. Under the terms of the scheme Gold Road shareholders will receive a fixed cash...

Gold Road Resources halts trading Gold Road Resources (ASX: GOR) has sought a trading halt pending the release of an announcement. The ASX announced that the halt, as requested by Gold Road, will remain in place until the commencement of trading on Tuesday 6 May or when the announcement is released to the market. The pause in trading comes amidst media speculation over a potential change of control transaction. South African gold miner Gold Fields previously proposed a $3.3b takeover bid of Gold Road in March earlier this year. The bid from Gold Fields, which Gold Road jointly owns the...

Digital revolution at Plutonic gold mine Catalyst Metals (ASX: CYL) has announced a transformative move to digital operations at its Plutonic gold mine in North Meekatharra in WA. The move, incorporating RCT-Powered by Epiroc, comes as the company prepares for the future of mining technology. RCT is a global technology partner that offers an array of interoperable machine solutions to revolutionise the mining sector by reducing operational costs and improving bottom line profit. Catalyst's digital revolution consists of comprehensive upgrades to existing machines, not just new equipment, including Sandvik and Cat loaders with the implementation of RCT’s AutoNav package. This...

Rio Tinto consider move into critical minerals Rio Tinto (ASX: RIO) discussed a move into critical minerals and rare earths amidst global trade tensions and shifting market dynamics at its annual general meeting held in Perth yesterday. As countries move to create their own independent domestic supply chains, critical minerals have held the international spotlight. Following the US’ implementation of tariffs and China’s export restriction as a response, Rio Tinto chief executive Jakob Stausholm commented that the company is considering the role of critical minerals in its future portfolio. Mr Stausholm noted that critical minerals are already present...

Komatsu Australia travels to Papua New Guinea Komatsu Australia has announced that it is now distributing to customers in Papua New Guinea. This follows Komatsu acquisition of existing distributor UMW Niugini Limited, now renamed Komatsu Niugini Limited (KNL), completed yesterday on the 1 May 2025. Komatsu Australia managing director Sean Taylor says the acquisition resulted after a change in the ownership structure of the joint venture parties that previously owned UNM Niugini Limited. "As a result of this change in structure, KNL has become a fully owned part of the Komatsu group,” he said. “Komatsu Australia is the obvious choice to...

Murchison gold project delivers first ore Meeka Metals (ASX: MEK) has announced that first ore has been mined from open pits at its Murchison gold project, located in the Murchison Gold Fields of WA, following processing plant expansion works at the site approaching completion. First ore was mined from the St Anne’s north open pit during April and a stockpile of ore are now being built up in preparation for the commissioning of the processing plant in June 2025. Open pit mining activities also began at the Turnberry Central site during April making it the second of five stage one high-grade oxide open...

Weir confirms completion of Micromine acquisition Mining technology giant Weir has announced that it has completed the acquisition of Mining Software Holdings (Micromine), a global leader in mining software solutions, for $1.3b. WA based Micromine provides intuitive software solutions for the mining and exploration industry with more than 22 offices globally and operates in more than 90 countries. Weir strives to utilise mining technology to help customers in the resource sector operate at their highest productivity and lowest environmental impact. Weir chief executive Jon Stanton said that the company is delighted by the formal completion of the acquisition. “Micromine is a high performing, high...

US closer to unlocking critical minerals cache The US Government has expedited permitting for several proposed mining projects across the country as the nation strives to gain independence in the critical mineral circuit. One of the world’s most significant undeveloped copper deposits, the Resolution copper project, is getting a green light for fast-tracking. The joint venture between Rio Tinto (ASX: RIO) and BHP (ASX: BHP), 45% and 55% owned respectively, is anticipated to be the largest copper mine in North America. The proposed underground mine has the potential to meet up to 25% of the US copper annual demand once...

Delta Lithium to demerge Mt Ida In a bid to focus on its lithium assets, Delta Lithium (ASX: DLI) has announced a demerger of its Mt Ida gold assets into a separate entity, Ballard Mining. The demerger will provide a solid foundation to further advance Delta’s Mt Ida gold project, located 225km from Kalgoorlie in the Eastern Goldfields Province of WA, towards standalone production. The move will also allow Delta to focus on lithium exploration and development at its Yinetharra and Mt Ida lithium projects whilst maintaining a substantial interest in Ballard Mining and...

New Murchison Gold shouts eureka New Murchison Gold (ASX: NMG) has confirmed the presence of strongly gold mineralised zones at depth at its Crown Prince gold project. The recent drilling program at the site has confirmed the presence of a high-grade gold bearing structure continuing below the planned open pit development at Crown Prince. The company has delivered an assay result of 0.28m at 17,240g/t of gold within a broader intersection of 1.64m at 3,090g/t of gold from 251.36m. (Image source: New Murchison Gold) The recent drilling program has confirmed the presence...

Macmahon wins $172m underground contract Macmahon (ASX: MAH) has announced that it has been awarded an underground mining services contract at the Deflector underground gold-copper mine in the southern Murchison region of WA. The contract includes all underground and mine development and production services and all other associated works. The two-year contract commences on May 1 this year, with possible extension, and is expected to add $105m to Macmahon’s secured orderbook. Macmahon managing director and chief executive Michael Finnegan commented that the company is pleased to have been awarded the contract. “Macmahon values our relationship and are excited to continue building on this,” he...