Silver Lake Resources

The big iron ore miners are thinking about what’s next in the pipeline after projects such as South Flank and Koodaideri.

The environmental watchdog has recommended approval for the development of an $85 million gold-copper project in Ravensthorpe, wholly owned by ACH Global’s mining business.

Subiaco-based Black Cat Syndicate is set to acquire two gold projects from Silver Lake Resources in a deal worth around $5.2 million.

GR Engineering Services has received a letter of intent from Silver Lake Resources to complete $23 million in upgrade works at the Deflector gold-copper operation in Western Australia.

Black Cat Syndicate has launched a $10 million share placement, with three other Western Australian-based explorers also seeking funds to progress their gold and copper projects.

The high gold price and strength of the market has made it easier for junior goldminers to raise capital and launch IPOs.

Bellevue Gold boss Steve Parsons has played down speculation his company’s namesake gold project is in the crosshairs of some of WA’s most prominent gold miners.

While there are more women on the boards of Australia’s 200 largest listed companies than there were at this time last year, there remains substantial room for improvement.

Shares in WA’s gold and iron ore miners have shot up as the value of both commodities rose to impressive highs overnight.

Macmahon Holdings has secured a $220 million contract for work on Silver Lake Resources’ Deflector gold-copper underground mine in WA.

Silver Lake Resources has suspended operations at its Daisy complex near Kalgoorlie-Boulder after an employee working for contractor Macmahon Holdings passed away this morning.

Shares in Silver Lake Resources have dropped 10 per cent today after the goldminer revealed the impact of labour shortages on its Mount Monger mine in WA.

A multi-billion-dollar merger has brought a change at the top of Business News’ list of goldminers.

Western Australian companies Chalice Mining and Silver Lake Resources appointed females to their boards this month, ending all-male representation among the ASX 200.

Encounter Resources’ gold spinout had a soft start to its first day of trading, with shares closing down 10 per cent on its offer price.

National gold production was dragged down during the March quarter by poor weather conditions and pandemic restrictions throughout the sector.

Business News has tracked dramatic changes in the ranking of WA’s largest goldminers over more than a decade.

St Barbara has backed in its call to accept a $640 million offer from Genesis Minerals despite Silver Lake Resources claiming the target declined to engage on a competing proposal.

Silver Lake Resources has reaffirmed its disappointment in St Barbara’s alleged lack of engagement on a competing proposal, despite the target shutting down any hopes of a merger last week.

Silver Lake Resources has lobbed a revised proposal to merge with St Barbara saying it ‘stands ready’ to progress due diligence and move to a binding offer.

Genesis Minerals has improved its proposal to buy St Barbara’s Leonora assets as the takeover target squashes talks with Silver Lake Resources.

The board of takeover target St Barbara is now deliberating another offer from Silver Lake Resources after Genesis Minerals sweetened its transaction proposal last week.

St Barbara chair Kerry Gleeson has lambasted Silver Lake for demanding what she has called ‘a disruptive and unrealistic two-week due diligence exercise’.

Silver Lake Resources has made another move to buy St Barbara’s Gwalia operations, although the companies seemingly differ on whether it constitutes a new proposal.

St Barbara’s board has told shareholders there is no material improvement in Silver Lake Resources’ latest proposal to buy Gwalia and can’t see a realistic pathway that it could become superior.

Silver Lake Resources has recorded a record quarterly sales result with 83,540 ounces, driven by production from its Western Australian operations.

UPDATE: Silver Lake Resources has confirmed itself as the buyer of a substantial slice in Leonora gold miner Red 5, labelling the move as a 'strategic investment'.

Silver Lake Resources has been fined $30,000 over an underground safety incident that occurred at its Daisy Milano gold operation near Kalgoorlie.

Mid-tier gold producers Silver Lake Resources and Red 5 have announced their intention to merge, with a combined entity to have a market cap of about $2.2 billion.

Gold producer Silver Lake Resources recorded solid gains during the first half of the 2024 financial year, amid its planned merger with fellow mid-tier entity Red 5.

Revenue at goldminer Red 5 increased by 77 per cent in the first six months to December 31 2023 as the listed company moves closer towards its proposed merger with Silver Lake Resources.

Bibra Lake-based contractor Mineral Mining Services has notched a $200 million contract with Silver Lake Resources at its gold asset in the Goldfields.

Gold producers Silver Lake Resources and Red 5 Resources have continued to deliver ahead of their likely merger in June, with both mid-tier companies performing strongly throughout the March 2024 quarter.

Shareholders of Silver Lake Resources have given the green light for the goldminer’s proposed merger with fellow mid-tier company Red 5.

The merger between mid-tier gold miners Silver Lake Resources and Red 5 is officially finalised, following news the scheme of arrangement between both companies is now legally effective.

Rising gold producer Red 5 has finalised changes to its board and management team, following its successful merger with Silver Lake Resources earlier this month.

Two WA gold companies have had a notable win over the state’s Valuer-General after the Supreme Court criticised the way in which mining leases have been valued.

Goldminer Red 5 has flagged a name change and directors’ pay rise after its merger with Silver Lake Resources.