PRECIOUS METALS

Exploration adding to limited Oz gold project pool

More than US$10 billion of gold projects in the Oceania region could deliver circa 3.75 million ounces (106 tonnes) of new production over the next 5-10 years, a review of current study-stage projects has found. The numbers compare with 10.2Mozpa of potential production from US$27.3 billion of projects across the Americas, and 2.42Mozpa from $3.4 billion of projects in Africa.

Red 5's King of the Hills, near Leonora in Western Australia, is fully funded for development

Red 5's King of the Hills, near Leonora in Western Australia, is fully funded for development

The Oceania review highlights the dearth of significant new gold projects in Australia, one of the world's major gold-producing jurisdictions, and the region. Australian resources-sector finance firm...

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