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The WKP prospect near Waihi is shaping up as a major gold-silver discovery to provide greater longevity for OceanaGold in the Hauraki goldfield.
The world’s two most devastating weather events each had mining operations for OceanaGold close to their eyes.
A Perth-based company is setting in motion the raising of capital for a new gold quest in the historic Reefton goldfield.
While the progress to put the historic Talisman mine back into production has had some minor road blocks the course going forward has been positive.
Australia’s gold mining status is marching ahead with big exploration spends set for the new financial year, including targets by two companies that have left the New Zealand gold scene.
Has the increased momentum from new-found union muscle in New Zealand been behind a miners’ strike at the Waihi gold mining operations?
The latest quarterly study on gold mining operations in Australia and New Zealand showed that operating costs lifted marginally in the June quarter with the two key Kiwi operations holding their own.
Despite exploration interest growing for the Golden Blocks at the top of the South Island, a company holding a prime target area has had little to say about its work or its intention.
Recently OceanaGold released impressive exploration results from the Martha mine underground targets and the WKP prospect, and last night a major campaign at Haile has elevated the potential of its US project.
Condamine Resources, which dropped out of taking up the Sams Creek gold project, has now taken up leases in the Reefton goldfield.