Northern Star Resources Ltd
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Hammer Metals Intersects Visible Gold Near Boundary of Northern Star’s Bronzewing Mine
Exploration by Hammer Metals (ASX: HMX) at the Bronzewing South target within its wholly-owned Yandal gold project in Western Australia has intersected visible gold near the boundary of Northern Star Resources’ (ASX: NST) Bronzewing mine. Initial diamond drilling at the Eastern Boundary Zone returned several instances of fine-grained gold mineralisation, as well as visible gold […]
Gold and Silver Hit Record Highs – What it Means for ASX Gold Stocks
Gold and silver surged to fresh record highs on Monday, buoyed by a weakening US dollar and growing expectations that the US Federal Reserve will cut interest rates later this month. The London Bullion Market Association set its afternoon auction benchmark for gold at US$3,475 per troy ounce (A$5,350/oz), surpassing the previous record set in […]
Mt Gibson Iron Moves into Gold with Central Tanami Acquisition from Northern Star
Mount Gibson Iron (ASX: MGX) is looking to add gold production to its portfolio with an agreement signed to acquire a 50% interest in the Central Tanami Project Joint Venture (CTPJV) from Northern Star Resources (ASX: NST). The iron ore company will pay $50 million for the interest in the CTPJV and a number of […]
Northern Star Resources to acquire De Grey Mining in landmark $5b gold sector takeover
Merger and acquisition (M&A) activity in the Australian mining sector has finished the year with a bang, with Northern Star Resources (ASX: NST) and De Grey Mining (ASX: DEG) agreeing to a $5 billion takeover featuring one of Australia’s most significant new mines. The binding scheme implementation deed will see Northern Star acquire De Grey […]