Silver Lake shareholders approve merger with Red 5
The A$2.2-billion ($1.5bn) deal creates Australia’s fifth largest gold producer.
Silver Lake Resources
Australian 2023 gold output slips as miners cut head grades on high price
Australia produced 9.8 million oz. gold last year, an almost 3% decrease from 2022, finds the Melbourne-based Surbiton Associates. Despite the slide, last year’s fourth quarter saw an increase of…
Australia’s Silver Lake ups bid for St Barbara’s Leonara by US$29M
Silver Lake Resources (ASX: SLR) isn’t giving up on St Barbara’s Leonara gold complex. The Perth-based company has submitted a third bid for the asset that increases the cash component…
Silver Lake to invest more than $30M in turnaround plan for Sugar Zone gold mine
Australia’s Silver Lake Resources (ASX: SLR), the new owner of the Sugar Zone mine in northern Ontario, is prepared to invest between $31.2 million and $41.1 million over the next…
Harte Gold’s Sugar Zone mine attracts second bidder
A second potential buyer has emerged for Harte Gold (TSX: HRT), with an auction that will determine the winner of the distressed company’s assets to be held on Jan. 19. Harte, whose…
Last chance for Harte Gold bidders to come forward
Potential suitors for Harte Gold (TSX: HRT) and its Sugar Zone gold mine in Ontario have until Jan. 14 to submit bids for the distressed company. If no bids are received, Australia’s Silver Lake Resources…
Harte Gold seeks creditor protection as Silver Lake closes in
Troubled Canadian miner Harte Gold (TSX: HRT) has been granted creditor protection after putting its Sugar Zone gold mine into production without a feasibility study two years ago and later failing…
Harte Gold announces assignment of credit facilities to Silver Lake Resources
Australia’s Silver Lake Resources (ASX: SLR) has acquired US$63.3 million in credit facilities that BNP Paribas provided Canadian miner Harte Gold (TSX: HTR) for its Sugar Zone mine in Ontario….