M&A

Redstone nabs Kalgoorlie tailings project

WITH global gold futures briefly hitting an all-time high of US$1970 an ounce overnight, there's no indication interest in the yellow metal is fading any time soon, so Redstone Resources is making hay while the sun shines by optioning a potential low-risk, low-cost tailings recovery project in the heart of Western Australia's Eastern Goldfields.

 The Hannans South tailings facility.

The Hannans South tailings facility.

Redstone will issue four million shares as an exclusivity fee, worth around $60,000, and it has time to run due diligence over around 20 years of tailings located at Hannans South, Kalgoorlie, just 10km...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.