150519

Aurelia backs out of CSA purchase discussions

Aurelia Metals has declared it is no longer interested in purchasing CSA Mine. Aurelia’s executive chairman and CEO Cobb Johnstone, who recently took over the role from Jim Simpson, made the announcement last week following continuing speculation and commentary in the market regarding Aurelia’s interest in CSA Mine and a […]

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010519

Aurelia the latest to show interest in CSA purchase

Aurelia Metals Limited (AMI) has confirmed it has held “preliminary discussions” with Glencore in relation to the potential purchase of Cobar’s CSA Mine. Aurelia owns the Peak Gold Mines and Hera Mine near Nymagee. The company released a “clarifying statement” to the ASX last week following a question raised at […]

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170419

Peak prosecution proceeds in court

Two years after the death of a worker at the Peak Gold Mine, the NSW Resources Regulator has begun prosecution proceedings in the District Court against the mine. The Regulator will allege Mark Brilley, a local contract worker, died at the mine after working in hot and inadequately ventilated conditions […]

Local News

AWU hears Peak workers’ concerns

The Australian Workers Union (AWU) is concerned the protracted uncertainty of employment at Peak Gold Mines (PGM) is having a detrimental effect on the mental health and safety of their members. AWU NSW Branch vice president Ron Cowdrey and organiser Brock Skelton were in Cobar last week to meet with […]

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Local News

Peak goes contract

Aurelia Metals management has told Peak Gold Mines employees the company will be making the transition from “owner-mining” to “contract-mining”. Management held a meeting with employees onsite on Tuesday morning to detail the plans. Since Aurelia Metals’ announcement of their intention to purchase the Peak Gold Mine (PGM) in November […]

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Local News

New GM for Peak as sale completed

David Pelchen will take over as the general manager of Peak Gold Mines from next month. The announcement was made yesterday as Aurelia Metals Ltd officially took ownership of the mine. Mr Pelchen is a mining engineer with extensive operational experience in underground operations in Australia, New Zealand, China and […]

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Local News

Aurelia raises the funds for Peak mine purchase

Aurelia Metals Limited has received an “overwhelmingly positive response” to its capital raising activities to fund the purchase of Peak Gold Mines. The company, which owns Nymagee’s Hera Mine, announced the acquisition of New Gold’s Peak Gold Mines in November last year. Since then Aurelia’s institutional and major shareholder placements […]