Glenn Jardine

Aspiring gold producer De Grey Mining has received commitments to raise $100 million, which it will use to fund ongoing exploration at its Mallina project in the Pilbara.

De Grey Mining managing director Glenn Jardine says the explorer’s heady market valuation is a fair reflection of the potential scale of its Hemi discovery.

De Grey Mining and Bellevue Gold have released drilling results that support the planned development of two major new goldmines in Western Australia.

Favourable market conditions have led to a suite of new gold producers and projects.

De Grey Mining has released a positive scoping study for its Mallina gold mine in the Pilbara, which will cost nearly $900 million and be one of the largest in Australia.

De Grey Mining is looking to institutional investors to fund the development of what it believes may become one of the largest producing gold mines in Australia.

De Grey Mining has increased resource estimates for the Mallina gold project and its contained Hemi deposit to 10.6 million ounces, boosting its credentials as a major undeveloped gold deposit.

WA’s aspiring gold producers are navigating new challenges to firm up discoveries.

De Grey Mining estimates it will cost $1 billion to transform its famed Mallina discovery into a 540,000 ounce per annum gold operation and one of the largest by output in Australia.

De Grey Mining is sounding out institutional investors for a $150 million capital raising to fund a definitive feasibility study for its star asset.

Gold Road Resources has taken up nearly $26 million worth of new shares via De Grey Mining’s latest placement to cement its place as the junior’s biggest shareholder.

Canadian gold explorer Novo Resources Corp will explore a dual listing on the ASX after its Mallina Basin neighbour De Grey Mining became its largest shareholder.

De Grey has launched a $300 million capital raising to start making a mine out of its Hemi deposit, while the inevitable sting of inflation lifts build costs to $1.3 billion.

ASX-listed De Grey Mining has been given an option to acquire the Ashburton gold project, located in Western Australia's Pilbara region, from Kalamazoo Resources.

Finland-based Metso Corporation will provide several pieces of crushing and grinding equipment for De Grey Mining's flagship Hemi gold project in Western Australia's Pilbara region.

The West Perth company says the proceeds, in tandem with cash on hand, will fully fund the equity component of its $1.3 billion Hemi gold project in the Pilbara.

ASX-listed De Grey Mining has received a series of credit approved term sheets from domestic and international banks, as it pushes towards developing its Hemi gold project in the Pilbara.

Gold developer De Grey Mining says 2.2 million ounces of regional deposits additional to its core Hemi gold resource could be used to boost the project’s eventual production profile.

Pilbara gold developer De Grey has refused to comment around speculation that it could be the target of rival interest, saying it is focused on developing its Hemi project.

De Grey Mining's push to develop its Hemi gold project has continued, after receiving provision for a $150 million loan from the Northern Australia Infrastructure Facility.

De Grey Mining has achieved a key milestone in efforts to enhance its footprint close to the flagship Hemi gold project in the Pilbara.

Northern Star Resources will expand its gold portfolio into the Pilbara, after striking a $5 billion deal to acquire market darling De Grey Mining and its flagship Hemi project.

Shareholder returns were not always reflected in the scale and growth of public-listed executive pay packets last financial year.