InfiniGold have announced the launch of the Perth Mint Gold Token (PMGT), the first digital gold token on a public blockchain to be backed by government guaranteed gold.
The Perth Mint Gold Token (PMGT) is a digital token backed 1:1 by GoldPass™ certificates issued by The Perth Mint - the world’s largest refiner of newly-mined gold which is guaranteed by the highly rated sovereign entity, the Government of Western Australia.
As Gold Partner, Independence Group will join other businesses and individuals across Perth for the Up All Night marathon next month, raising funds and awareness for Ronald McDonald House Charities Western Australia.
The 42 km walk will commence at 9pm on Saturday 30 November and end at 8am on Sunday 1 December, in solidarity of those families with sick children who experience similar hardship.
Australia’s gold exports are forecast to hit a record high of AUD $25 billion in 2019-20 according to the Department of Industry, Innovation and Science’s September edition of Resources and Energy Quarterly (REQ).
The September REQ shows Australia remains the world’s second largest producer of gold, with production increasing by 6.3% in FY 2018–19 to 321 tonnes, equating to 9% of the world’s total supply in 2018.
Speaking to more than 400 delegates at World Gold 2019 earlier this month, Regis Resources Managing Director and Chief Executive Officer Jim Beyer encouraged all participants to do their bit in educating the next generation, for the sake of the industry’s future.
Jim’s keynote brought to light a critical issue that continues to impact gold mining and the broader resources industry in one way or another: the concerning drop in the number of STEM-skilled Australian workers.
Supported by KCGM, Saracen Mineral Holdings and Ausdrill, their Black Dog Blue Dog Walk saw Todd Belcher, his partner Charlotte McCully and their two canine companions cross the finish line of an epic 630 km journey from Kalgoorlie to Perth, to raise awareness of mental health in the mining industry.
The two-week trip and six-month campaign aimed to raise $100,000 for the Black Dog Institute.
The Gold Industry Group joined more than 600 investors, bullion and finance industry professionals and media to learn about the global case for gold at ABC Bullion’s sold out national conference in Sydney on Tuesday 20 August.
Pallion CEO Andrew Cochineas (ABC Bullion’s parent company) kicked-off the conference noting that the Australian gold industry was a true bright light in the Australian economic landscape with a record gold price combined with the competitive advantage of a weaker Australian dollar.
Evolution Mining have signed a two-year partnership with the Johnathan Thurston Academy to improve employment and training opportunities for Indigenous job seekers.
The partnership will also assist local and Indigenous participants by preparing them to be job ready, building self-confidence and developing skills in resume writing, job interviewing skills and submitting job applications.
As proud Platinum Sponsor of LIVIN WA’s annual charity ball, the Gold Industry Group joined representatives from Newmont Goldcorp Australia, Gold Fields, Newcrest Mining and Gold Road Resources to raise awareness and funds for mental health.
The ‘unmasked’ theme encouraged the hundreds of attendees to break the stigma around mental illness.
Saracen Mineral Holdings, Macmahon Holdings and Regis Resources will join other mining companies around Perth in October to support the MACA Cancer 200 Ride for Research, raising awareness of and funds for medical research in the fight to conquer cancer.
Now in it’s 8th year, the MACA Cancer 200 Ride for Research has already raised over $30 million to date, for the Harry Perkins Institute of Medical Research.
More than 15,000 job seekers descended on the annual SkillsWest Career Expo in Perth earlier this month, where the Gold Industry Group, Newmont Goldcorp Australia, Norton Gold Fields, Macmahon and Ausdrill showcased the sector’s career opportunities.
Held from 16 to 18 August in the Perth Convention and Exhibition Centre, the expo presented a unique opportunity for job seekers to discover current vacancies and career pathways at over 100 exhibiting organisations.
This year’s Diggers & Dealers was as good as gold as 2450 delegates descended on Kalgoorlie for mining’s biggest industry event.
Former Australian Prime Minister John Howard was a hit, gold shone throughout the three day program with GIG Directors Andrea Maxey and Stuart Tonkin taking to the stage, a focus on the image of mining created much discussion at our popular breakfast event with Deloitte, and Northern Star Resources claimed dealer of the year.
KCGM have launched an innovative three-year project in the City of Kalgoorlie-Boulder, where the public can give feedback and share ideas, to better understand the community’s sentiment toward its operations.
The project, Local Voices, invites community members to face-to-face consultations and confidential surveys, so people can see the direct impact and benefit of their feedback in influencing KCGM’s business decisions.
The City of Kalgoorlie-Boulder is inviting all artists to register for the 2019 Art Prize, with more than $37,000 in prize money, plus the opportunity to hold a solo exhibition in the Goldfields Arts Centre gallery.
The theme “A Place to Call Home”, lends itself to a myriad of concepts, such as beginnings, ancestry, origins, belonging and identity.
Development of a rapid cancer test at the University of Queensland (UQ) using gold nanoparticles, will be aided by a $300,000 donation from Australian gold mining company Evolution Mining.
The philanthropic funding will help researchers at UQ’s Australian Institute for Bioengineering and Nanotechnology, whilst the new blood test could give oncologists an early and more accurate prognosis.
KCGM has announced significant changes to its Parental Leave Policy, joining its Joint Venture owner Newmont Goldcorp Australia in setting a new industry standard within Australia.
These changes help address the gender pay gap that occurs when parents are out of the workforce for extended periods. KCGM continues to offer employees access to family-friendly flexible work arrangements when at work.
On July 12, Newcrest Mining supported 70 young Martu men to participate in a curtain raiser football match at Perth’s Optus Stadium prior to The AFL Grand Final rematch between Collingwood and the West Coast Eagles.
The young Martu players and support staff travelled several thousand kilometres to Perth from various remote communities in the Pilbara region of WA.
Netball in Western Australia and the Gold Industry Group have celebrated the first three months of a fruitful partnership this week.
The partnership has impacted the more than 230,000 netball participants around the State, particularly in WA’s regional areas through the roll out of the Regional Office Structure, which has been made sustainable through the partnership.
The Perth Mint has unveiled Australia’s greatest gold icon in New York City for a rare one day event to celebrate the official launch of The Perth Mint Physical Gold Exchange Traded Fund (NYSE Arca: AAAU) on the New York Stock Exchange.
The one-of-a-kind Australian Kangaroo One Tonne Gold Coin is recognised by Guinness World Records as the largest coin ever created. Tipping the scales at 1,000kg of 99.99% pure gold, and measuring 80cm wide and 13cm deep, this masterpiece of precious metal engineering and craftsmanship is valued at more than AUD60million
The Gold Industry Group (GIG) backed NAIDOC Netball Carnival reached new heights this year, celebrating Indigenous culture and achievement, in every facet of the day.
A special welcome by Glenda Kickett was followed by an Indigenous Dance by Mandurah Grassroots to mark the official opening at the Wembley Sports Park yesterday. Australia’s largest Indigenous netball carnival then came to life and in the hands of every player with a bespoke ball designed by the talented Shontae Jetta, Narrogin Aboriginal Grassroots Site and Shooting Stars participant.
The Gold Industry Group is thrilled to further its support of netball, joining its grassroots program, Suncorp NetSetGO, as the Associate Partner in Western Australia.
To celebrate the announcement, we are offering all West Australian Suncorp NetSetGO participants the opportunity to attend West Coast Fever’s home game against the NSW Swifts via a two-for-one ticket deal.
Celebrating 30 years of operation on the Golden Mile, KCGM welcomed Goldfields residents and visitors to experience the region’s gold mining industry at a free community open day.
Held within the grounds of Hannans North Tourist Mine in Kalgoorlie on Saturday 29 June, the open day saw 3 500 locals, families, tourists and employees alike don their best high vis clothing and join in the celebrations.
Australia’s biggest new gold mine, Gruyere, reached a major milestone over the weekend pouring its first gold bar.
Located east of Laverton in Western Australia, the Gruyere Gold Project is a joint venture between Gold Road Resources and Gold Fields, which is expected to operate for the next 12 years and create 350 full time jobs.
Gold Fields’ Agnew gold mine in Western Australia will become one of Australia’s first mining operations to be predominantly powered by renewable and low-carbon energy.
Gold Fields and global energy group EDL today announced a A$112m investment in a world-leading energy microgrid combining wind, solar, gas and battery storage. The microgrid will be owned and operated by EDL, which will recoup its investment via a 10-year electricity supply agreement with Agnew.