https://newsletter.mw.creamermedia.com
Crushing|Dewatering|Gold|Industrial|Installation|Mining|PROJECT|Resources|Drilling|Operations
Crushing|Dewatering|Gold|Industrial|Installation|Mining|PROJECT|Resources|Drilling|Operations
crushing|dewatering|gold|industrial|installation|mining|project|resources|drilling|operations

NMG says Westgold ore deal takes effect

7th April 2025

By: Creamer Media Reporter

     

Font size: - +

ASX-listed New Murchison Gold confirmed on Monday that its ore purchase agreement (OPA) with fellow-listed Westgold Resources had come into full effect, with all conditions precedent satisfied or waived.

The agreement, originally announced in December, is between Westgold’s operating subsidiary Big Bell Gold Operations and Zeus Mining, a wholly owned subsidiary of NMG. It covers the purchase of gold ore from the high-grade Crown Prince deposit in Western Australia.

“We are pleased to have completed this milestone and for our OPA with Westgold Resources to have come into effect,” said NMG CEO Alex Passmore.

“We are developing a positive working relationship with the Westgold team. NMG is busily progressing the high-grade Crown Prince openpit gold project towards development.”

With the OPA now active, NMG is advancing regulatory approvals and site readiness. Recent developments include the acquisition of an industrial yard in Meekatharra to serve as an operational base, and the receipt of native vegetation clearing and dewatering bore licences.

The company has completed development of dewatering bores, with pipeline installation to begin shortly. Tenders for key operational contracts — including mining, crushing and dewatering — have been issued, with evaluations under way. Grade control and deep diamond drilling at Crown Prince are also ongoing, alongside management appointments and recruitment for operations.

Edited by Creamer Media Reporter

Comments

Showroom

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
Essentra Components
Essentra Components

We are responsible manufacturers of essential components. Manufacturing 80 million parts a week, we have over 1 billion parts in stock.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (04/04/2025)
4th April 2025 By: Martin Creamer
Magazine round up | 04 April 2025
Magazine round up | 04 April 2025
4th April 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.178 0.261s - 145pq - 2rq
Subscribe Now