March 2024
Mining rock stars Beament and Finlayson face their reinvention tests
The divergent paths taken by Bill Beament and Raleigh Finlayson over the past two years sum up Australian mining’s green transition. Who’s on the right track?
- Peter Ker
August 2022
Beament ‘never wants to return’ to ASX100
The King of Kalgoorlie turned up to Diggers & Dealers with an unorthodox pitch for investors; his new venture will never make the big leagues.
- Peter Ker and Colin Packham
Finlayson ‘patient’ as St Barbara rebound raises merger price
Raleigh Finlayson’s plan to consolidate the historic gold mining province around his childhood home in Menzies and Leonora is getting more expensive daily.
- Peter Ker and Colin Packham
July 2022
Stokes, Northern Star back Genesis Minerals’ consolidation strategy
Saracen Mineral 2.0’s up and running at Genesis Minerals.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
March 2022
Why this gold veteran rejects the ‘fancy new metals’
Gold stocks aren’t fashionable with investors but the gold resources Raleigh Finlayson has found near Leonora will always be popular with hungry mills nearby.
- Peter Ker
February 2021
Chastened Northern Star vows to cut the hedge
The miner will be less inclined to fix future prices for its gold after doing so cost it $69 million in lost revenue over the past three months.
- Peter Ker
Miners apply self-imposed travel bans amid outbreak fears
The resources industry is taking no chances with fly in, fly out workers based in Perth after a charmed run through the COVID-19 pandemic.
- Brad Thompson
January 2021
Newmont boss backs gold sector consolidation
The $16 billion merger between Northern Star and Saracen Mineral Resources is hailed as a ‘smart move’ by former Super Pit partner.
- Brad Thompson
Gold giant’s boss declares office era over
Newmont CEO Tom Palmer says COVID-19 has provided the ‘biggest social experiment in the future of work’ and there’s no going back to old ways.
- Brad Thompson
November 2020
Why fewer ounces might be good for gold miners
Evolution Mining boss Jake Klein says the growing ESG burden and other factors mean gold miners might be better off producing fewer ounces.
- Brad Thompson
Beament backs gold to bounce back as financial reality bites
Northern Star Resources boss Bill Beament says he isn't about to panic about the fast falling gold price as his company looks to finalise what started out as a $5.76 billion offer for Saracen Mineral Holdings.
- Brad Thompson
October 2020
Big investors challenge miners over traditional owner consent
The 64 institutional investors have told the big miners to fix their approach to cultural heritage, saying they won't tolerate gag clauses on traditional owners
- Peter Ker
Northern Star looking to grow North America footprint
Gold miner right at home in Australia but eyes expansion in North America as Diggers and Dealers kicks off in Kalgoorlie.
- Brad Thompson
All hail the new King of Kalgoorlie
When Bill Beament's Northern Star completes its $18 billion merger with Saracen, the vast majority of the Kalgoorlie goldfields will be held by one company.
- Peter Ker
Beament's biggest gold deal sparks billion-dollar rally
An extraordinary share price rally shows investors trust Northern Star and Saracen's ability to find close to $2 billion of synergies through their gold merger.
- Peter Ker
Gold fever: Super Pit sparks Northern Star, Saracen into $16b action
Chartered flights, due diligence in Alaska, hotel quarantine, two long time rivals and a $16 billion ticket.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
- Opinion
- Chanticleer
Merger mints $16b Aussie gold titan
Just 11 months after Northern Star and Saracen each bought 50 per cent of the famous Kalgoorlie Super Pit in WA, the pair will combine to form a $16 billion giant.
- James Thomson
August 2020
Jetson charts 'bold, aggressive' flight plan for St Barbara
The new boss of St Barbara says there are far too many gold mining companies, and he is determined to reduce the crush with courageous dealmaking.
- Peter Ker
Gold partners Northern Star and Saracen see dividends differently
Northern Star boss Bill Beament is rubbing his hands together over prospects for the Superpit.
- Brad Thompson
Northern Star pays out after thriving through pandemic
The gold miner will pay a hefty special dividend as well as a final dividend just five months after suspending its interim dividend.
- Brad Thompson