Western Australia-based miners Red 5 and Silver Lake Resources have entered into a merger of equals, creating a diversified gold producer with a significant ore reserve and mineral resource inventory of 4 million ounces and 12.4 million oz., respectively. Under the terms of the transaction, Red 5 will acquire 100% of the shares in Silver Lake and each Silver Lake…
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King of the Hills pours first gold
Red 5 has achieved a crowning achievement at its King of the Hills mine in Western Australia’s Eastern Goldfields: the completion of its first gold pour. Read full article.
Read MoreRed 5 goes green at King of the Hills
Open pit mining has now commenced at Red 5’s King of the Hills gold operation in Western Australia by its mining contractor, Macmahon. Read full article from The Asia Miner.
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