News

Barrick Gold shares surged to their highest closing price in more than seven years, leading gains in precious-metals miners after Warren Buffett’s Berkshire Hathaway added the company to its portfolio (reports Bloomberg).

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The WA owners of Kalgoorlie’s Super Pit have revealed combined annual profits of nearly $516 million on the back of record gold prices and increased production (reports The West Australian).

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Northern Star Resources has surprised the market by declaring a special dividend, off the back of strong financial results and an even stronger outlook (reports MiningNews).

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The fabled Super Pit mine in Western Australia has a new gold inventory of 19 million ounces with an in-the-ground value of about $54 billion at today's price for the precious metal (reports The Australian Financial Review).

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Matterhorn Asset Management managing partner Egon von Greyerz says gold’s big move hasn’t started yet (reports MiningNews).

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Chalice Gold Mines (ASX: CHN) has announced new results from ongoing resource definition drilling at its Julimar project in Western Australia that has extended three high-grade nickel-copper-cobalt-platinum group elements (PGE) zones (reports Small Caps).

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Gateway already had an established footprint in a gold-rich region of Western Australia that for years had been overlooked and is now the subject of an exploration frenzy (reports Stockhead).

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Shares in WA gold explorer Breaker Resources (BRB) are set to double, says broker Canaccord, as the company grows the inventory at its Lake Roe project, 100km from Kalgoorlie.

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