Miner Tanami Gold latest casualty of price slump

Posted

April 23, 2013 14:54:26

West Australian miner Tanami Gold has become the latest casualty of the gold price slump.

The company has put its Coyote Gold project in the Kimberley on ice as part of a wide-ranging restructure.

It has also deferred a development decision on its Groundrush project in order to continue exploration, while broadening the scope of feasibility studies on its Kavanagh deposit in the Kimberley.

The company says the measures will help strengthen the investment case for development at the current prevailing price of gold.

Two other companies, Navigator Resources, and Kentor Minerals, have gone into administration while other smaller miners have merged.

Westgold has joined with Metals X, Cortona Resources has partnered with Unity Mining, while Polymetals Mining and Southern Cross Goldfields have also recently joined together.

Exco Resources took over WHSP and Norton Goldfields recently acquired its smaller neighbour, Kalgoorlie Mining Company.

Analysts say in order to reduce costs and increase profits, mergers and take-overs could become the norm in coming months.

The gold price has slumped from a high of $1,900 an ounce towards the end of 2011 to sub $1350.

Click on the following link for a special report on the impacts of the fluctuating gold price: http://www.abc.net.au/news/2013-04-22/falling-gold-price-forces-industry-rethink/4644216?section=wa

Topics:
gold,
fitzroy-crossing-6765

Source Article from http://www.abc.net.au/news/2013-04-23/wa-miner-tanami-gold-latest-casualty-of-gold-price-slump/4646658

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Leave a Reply

Miner Tanami Gold latest casualty of price slump

Posted

April 23, 2013 14:54:26

West Australian miner Tanami Gold has become the latest casualty of the gold price slump.

The company has put its Coyote Gold project in the Kimberley on ice as part of a wide-ranging restructure.

It has also deferred a development decision on its Groundrush project in order to continue exploration, while broadening the scope of feasibility studies on its Kavanagh deposit in the Kimberley.

The company says the measures will help strengthen the investment case for development at the current prevailing price of gold.

Two other companies, Navigator Resources, and Kentor Minerals, have gone into administration while other smaller miners have merged.

Westgold has joined with Metals X, Cortona Resources has partnered with Unity Mining, while Polymetals Mining and Southern Cross Goldfields have also recently joined together.

Exco Resources took over WHSP and Norton Goldfields recently acquired its smaller neighbour, Kalgoorlie Mining Company.

Analysts say in order to reduce costs and increase profits, mergers and take-overs could become the norm in coming months.

The gold price has slumped from a high of $1,900 an ounce towards the end of 2011 to sub $1350.

Click on the following link for a special report on the impacts of the fluctuating gold price: http://www.abc.net.au/news/2013-04-22/falling-gold-price-forces-industry-rethink/4644216?section=wa

Topics:
gold,
fitzroy-crossing-6765

Source Article from http://www.abc.net.au/news/2013-04-23/wa-miner-tanami-gold-latest-casualty-of-gold-price-slump/4646658

You can leave a response, or trackback from your own site.

Leave a Reply

Miner Tanami Gold latest casualty of price slump

Posted

April 23, 2013 14:54:26

West Australian miner Tanami Gold has become the latest casualty of the gold price slump.

The company has put its Coyote Gold project in the Kimberley on ice as part of a wide-ranging restructure.

It has also deferred a development decision on its Groundrush project in order to continue exploration, while broadening the scope of feasibility studies on its Kavanagh deposit in the Kimberley.

The company says the measures will help strengthen the investment case for development at the current prevailing price of gold.

Two other companies, Navigator Resources, and Kentor Minerals, have gone into administration while other smaller miners have merged.

Westgold has joined with Metals X, Cortona Resources has partnered with Unity Mining, while Polymetals Mining and Southern Cross Goldfields have also recently joined together.

Exco Resources took over WHSP and Norton Goldfields recently acquired its smaller neighbour, Kalgoorlie Mining Company.

Analysts say in order to reduce costs and increase profits, mergers and take-overs could become the norm in coming months.

The gold price has slumped from a high of $1,900 an ounce towards the end of 2011 to sub $1350.

Click on the following link for a special report on the impacts of the fluctuating gold price: http://www.abc.net.au/news/2013-04-22/falling-gold-price-forces-industry-rethink/4644216?section=wa

Topics:
gold,
fitzroy-crossing-6765

Source Article from http://www.abc.net.au/news/2013-04-23/wa-miner-tanami-gold-latest-casualty-of-gold-price-slump/4646658

You can leave a response, or trackback from your own site.

Leave a Reply

Miner Tanami Gold latest casualty of price slump

Posted

April 23, 2013 14:54:26

West Australian miner Tanami Gold has become the latest casualty of the gold price slump.

The company has put its Coyote Gold project in the Kimberley on ice as part of a wide-ranging restructure.

It has also deferred a development decision on its Groundrush project in order to continue exploration, while broadening the scope of feasibility studies on its Kavanagh deposit in the Kimberley.

The company says the measures will help strengthen the investment case for development at the current prevailing price of gold.

Two other companies, Navigator Resources, and Kentor Minerals, have gone into administration while other smaller miners have merged.

Westgold has joined with Metals X, Cortona Resources has partnered with Unity Mining, while Polymetals Mining and Southern Cross Goldfields have also recently joined together.

Exco Resources took over WHSP and Norton Goldfields recently acquired its smaller neighbour, Kalgoorlie Mining Company.

Analysts say in order to reduce costs and increase profits, mergers and take-overs could become the norm in coming months.

The gold price has slumped from a high of $1,900 an ounce towards the end of 2011 to sub $1350.

Click on the following link for a special report on the impacts of the fluctuating gold price: http://www.abc.net.au/news/2013-04-22/falling-gold-price-forces-industry-rethink/4644216?section=wa

Topics:
gold,
fitzroy-crossing-6765

Source Article from http://www.abc.net.au/news/2013-04-23/wa-miner-tanami-gold-latest-casualty-of-gold-price-slump/4646658

You can leave a response, or trackback from your own site.

Leave a Reply

Miner Tanami Gold latest casualty of price slump

Posted

April 23, 2013 14:54:26

West Australian miner Tanami Gold has become the latest casualty of the gold price slump.

The company has put its Coyote Gold project in the Kimberley on ice as part of a wide-ranging restructure.

It has also deferred a development decision on its Groundrush project in order to continue exploration, while broadening the scope of feasibility studies on its Kavanagh deposit in the Kimberley.

The company says the measures will help strengthen the investment case for development at the current prevailing price of gold.

Two other companies, Navigator Resources, and Kentor Minerals, have gone into administration while other smaller miners have merged.

Westgold has joined with Metals X, Cortona Resources has partnered with Unity Mining, while Polymetals Mining and Southern Cross Goldfields have also recently joined together.

Exco Resources took over WHSP and Norton Goldfields recently acquired its smaller neighbour, Kalgoorlie Mining Company.

Analysts say in order to reduce costs and increase profits, mergers and take-overs could become the norm in coming months.

The gold price has slumped from a high of $1,900 an ounce towards the end of 2011 to sub $1350.

Click on the following link for a special report on the impacts of the fluctuating gold price: http://www.abc.net.au/news/2013-04-22/falling-gold-price-forces-industry-rethink/4644216?section=wa

Topics:
gold,
fitzroy-crossing-6765

Source Article from http://www.abc.net.au/news/2013-04-23/wa-miner-tanami-gold-latest-casualty-of-gold-price-slump/4646658

You can leave a response, or trackback from your own site.

Leave a Reply

Miner Tanami Gold latest casualty of price slump

Posted

April 23, 2013 14:54:26

West Australian miner Tanami Gold has become the latest casualty of the gold price slump.

The company has put its Coyote Gold project in the Kimberley on ice as part of a wide-ranging restructure.

It has also deferred a development decision on its Groundrush project in order to continue exploration, while broadening the scope of feasibility studies on its Kavanagh deposit in the Kimberley.

The company says the measures will help strengthen the investment case for development at the current prevailing price of gold.

Two other companies, Navigator Resources, and Kentor Minerals, have gone into administration while other smaller miners have merged.

Westgold has joined with Metals X, Cortona Resources has partnered with Unity Mining, while Polymetals Mining and Southern Cross Goldfields have also recently joined together.

Exco Resources took over WHSP and Norton Goldfields recently acquired its smaller neighbour, Kalgoorlie Mining Company.

Analysts say in order to reduce costs and increase profits, mergers and take-overs could become the norm in coming months.

The gold price has slumped from a high of $1,900 an ounce towards the end of 2011 to sub $1350.

Click on the following link for a special report on the impacts of the fluctuating gold price: http://www.abc.net.au/news/2013-04-22/falling-gold-price-forces-industry-rethink/4644216?section=wa

Topics:
gold,
fitzroy-crossing-6765

Source Article from http://www.abc.net.au/news/2013-04-23/wa-miner-tanami-gold-latest-casualty-of-gold-price-slump/4646658

You can leave a response, or trackback from your own site.

Leave a Reply

Miner Tanami Gold latest casualty of price slump

Posted

April 23, 2013 14:54:26

West Australian miner Tanami Gold has become the latest casualty of the gold price slump.

The company has put its Coyote Gold project in the Kimberley on ice as part of a wide-ranging restructure.

It has also deferred a development decision on its Groundrush project in order to continue exploration, while broadening the scope of feasibility studies on its Kavanagh deposit in the Kimberley.

The company says the measures will help strengthen the investment case for development at the current prevailing price of gold.

Two other companies, Navigator Resources, and Kentor Minerals, have gone into administration while other smaller miners have merged.

Westgold has joined with Metals X, Cortona Resources has partnered with Unity Mining, while Polymetals Mining and Southern Cross Goldfields have also recently joined together.

Exco Resources took over WHSP and Norton Goldfields recently acquired its smaller neighbour, Kalgoorlie Mining Company.

Analysts say in order to reduce costs and increase profits, mergers and take-overs could become the norm in coming months.

The gold price has slumped from a high of $1,900 an ounce towards the end of 2011 to sub $1350.

Click on the following link for a special report on the impacts of the fluctuating gold price: http://www.abc.net.au/news/2013-04-22/falling-gold-price-forces-industry-rethink/4644216?section=wa

Topics:
gold,
fitzroy-crossing-6765

Source Article from http://www.abc.net.au/news/2013-04-23/wa-miner-tanami-gold-latest-casualty-of-gold-price-slump/4646658

You can leave a response, or trackback from your own site.

Leave a Reply

Miner Tanami Gold latest casualty of price slump

Posted

April 23, 2013 14:54:26

West Australian miner Tanami Gold has become the latest casualty of the gold price slump.

The company has put its Coyote Gold project in the Kimberley on ice as part of a wide-ranging restructure.

It has also deferred a development decision on its Groundrush project in order to continue exploration, while broadening the scope of feasibility studies on its Kavanagh deposit in the Kimberley.

The company says the measures will help strengthen the investment case for development at the current prevailing price of gold.

Two other companies, Navigator Resources, and Kentor Minerals, have gone into administration while other smaller miners have merged.

Westgold has joined with Metals X, Cortona Resources has partnered with Unity Mining, while Polymetals Mining and Southern Cross Goldfields have also recently joined together.

Exco Resources took over WHSP and Norton Goldfields recently acquired its smaller neighbour, Kalgoorlie Mining Company.

Analysts say in order to reduce costs and increase profits, mergers and take-overs could become the norm in coming months.

The gold price has slumped from a high of $1,900 an ounce towards the end of 2011 to sub $1350.

Click on the following link for a special report on the impacts of the fluctuating gold price: http://www.abc.net.au/news/2013-04-22/falling-gold-price-forces-industry-rethink/4644216?section=wa

Topics:
gold,
fitzroy-crossing-6765

Source Article from http://www.abc.net.au/news/2013-04-23/wa-miner-tanami-gold-latest-casualty-of-gold-price-slump/4646658

You can leave a response, or trackback from your own site.

Leave a Reply

Miner Tanami Gold latest casualty of price slump

Posted

April 23, 2013 14:54:26

West Australian miner Tanami Gold has become the latest casualty of the gold price slump.

The company has put its Coyote Gold project in the Kimberley on ice as part of a wide-ranging restructure.

It has also deferred a development decision on its Groundrush project in order to continue exploration, while broadening the scope of feasibility studies on its Kavanagh deposit in the Kimberley.

The company says the measures will help strengthen the investment case for development at the current prevailing price of gold.

Two other companies, Navigator Resources, and Kentor Minerals, have gone into administration while other smaller miners have merged.

Westgold has joined with Metals X, Cortona Resources has partnered with Unity Mining, while Polymetals Mining and Southern Cross Goldfields have also recently joined together.

Exco Resources took over WHSP and Norton Goldfields recently acquired its smaller neighbour, Kalgoorlie Mining Company.

Analysts say in order to reduce costs and increase profits, mergers and take-overs could become the norm in coming months.

The gold price has slumped from a high of $1,900 an ounce towards the end of 2011 to sub $1350.

Click on the following link for a special report on the impacts of the fluctuating gold price: http://www.abc.net.au/news/2013-04-22/falling-gold-price-forces-industry-rethink/4644216?section=wa

Topics:
gold,
fitzroy-crossing-6765

Source Article from http://www.abc.net.au/news/2013-04-23/wa-miner-tanami-gold-latest-casualty-of-gold-price-slump/4646658

You can leave a response, or trackback from your own site.

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