Under the structure described by Reach, Andel funds pre-mining, mining, haulage and processing upfront and recovers those costs from gold revenue. Net project profits are then shared equally on an at-cost, open-book basis. Ore is intended to be treated at the Kirkalocka mill, about …
BHP Group (ASX:BHP) operates Western Australia Iron Ore (WAIO), combining Pilbara mines with rail and port infrastructure. Its copper operations include Escondida and Spence in Chile, Copper South Australia and an interest in the Antamina mine in Peru. The group also operates Australian steelmaking …
Rio Tinto (ASX:RIO) operates an integrated Pilbara iron ore network of mines, railways and ports in Western Australia. Its international iron ore exposure includes the Simandou project in Guinea and the Iron Ore Company of Canada. The group also produces copper from operations including …
Fortescue (ASX:FMG) produces hematite iron ore from its Pilbara operations and ships products to overseas steelmaking markets using its integrated logistics network. Its portfolio also includes Iron Bridge, which produces magnetite concentrate, with output reported separately from hematite shipments. The company sells iron ore …
Northern Star Resources (ASX:NST) operates three production centres. Kalgoorlie combines KCGM, Carosue Dam and other Kalgoorlie operations, using open-pit and underground mining and associated processing infrastructure. Its Yandal centre encompasses Jundee, Thunderbox and Bronzewing operations in Western Australia. Pogo is an underground gold operation …
Evolution Mining (ASX:EVN) combines gold production with copper exposure at its Australian operations. Cowal, in New South Wales, comprises open-pit and underground mining, while Northparkes produces copper and gold through an operation in which Evolution holds an 80% interest. Ernest Henry in Queensland also …
South32 (ASX:S32) operates a diversified resources portfolio. Its 45% interest in Chile’s Sierra Gorda copper mine provides copper and molybdenum exposure. Cannington, in north-west Queensland, produces silver, lead and zinc, while the Australia and South Africa manganese businesses supply manganese ore. The group also …
Gold Corporation is a Western Australian government statutory authority trading under The Perth Mint name. Its businesses include precious-metal refining, bullion products, coin manufacturing, depository services and tourism. These activities are distinct from the economic exposure obtained by buying PMGOLD on the exchange. The …
Lynas Rare Earths (ASX:LYC) operates an integrated rare earth supply chain from mineral extraction to separated oxides. The Mt Weld mine and concentration plant are in Western Australia, while the company operates a rare earth processing facility at Kalgoorlie and advanced materials facilities near …
Newmont Corporation (ASX:NEM) operates a geographically diversified portfolio of mines. Australian sites include Boddington, Cadia and Tanami, while Lihir is located in Papua New Guinea. The company also operates Ahafo South and Ahafo North in Ghana and assets including Cerro Negro in Argentina, Peñasquito …