trending Market Intelligence /marketintelligence/en/news-insights/trending/GaqPfNm70U7Deh17ysKVrA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

New Gold to off-load Peak gold mine in New South Wales

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020


New Gold to off-load Peak gold mine in New South Wales

New Gold Inc. has formally informed the staff at the Peak gold mine in New South Wales, Australia, about its plan to off-load the asset, The Australian reported Aug. 9.

Macquarie Group has been mandated to lead the sale of the project.

The mine, which produced 107,000 ounces of gold and 15 million pounds of copper last year, is likely to generate interest from smaller miners, such as St Barbara Ltd., Saracen Mineral Holdings Ltd., OZ Minerals Ltd. or Sandfire Resources NL.

The Peak mine sale can fetch New Gold about US$100 million.

Meanwhile, St Barbara Managing Director Robert Vassie at the Diggers & Dealers Mining Forum in Kalgoorlie, Australia, flagged a possibility of an acquisition or a strategic merger with a similarly sized miner, The Australian wrote in a separate same-day report.