'I have defied gravity;' Joe Gutnick says his critics are wrong, and now the mining millionaire is out to prove a point

Article Abstract:

Mining magnate Joe Gutnick feels that the Australian financial institutions and the stockmarket have mistreated him and ridiculed his debt and controversial acquisition efforts, but he has found a supportive ally in Robert Champion de Crespigny of Normandy Mining Ltd. In their bid for Yandal Gold, both the $1.50 price and weight of ownership have prompted court attempts to halt the takeover. Gutnick sees de Crespigny as a domestic banker who is a gold explorer and who does not possess the misconceptions of traditional lenders.

Australia, Mining industry, Beliefs, opinions and attitudes, Mineral deposits, Mines and mineral resources, Mining, Normandy Mining Ltd., NDY, Gutnick, Joe, de Crespigny, Robert Champion, Yandal Gold, Great Central Mines NL

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Great Central carefully digs into deep leads

Article Abstract:

Great Central Mines is utilizing hand-held mining at its Western Australia gold mines to access profitable gold grade. The company is working to integrate this method along with conventional underground and open pit mining techniques to optimize tonnage and recovery in their Jundee-Nimary and Barton Deeps sites. Great Central will continue a trend towards deeper underground mining and exploration.

Great Central Mines Ltd.

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Lynch on the trail of another Mt. Leyshon

Article Abstract:

Werrie Gold Managing Dir John Lynch is hoping for another find that resembles the Mt. Leyshon gold mine which brought Lynch good fortune in 1986. Werrie is selling its last producing property to enter the exploration field again. Lynch is studying northern South Australia in the Curnamona Craton region which has an attractive history and geology.

Discovery and exploration, Lynch, John (British historian), Werrie Gold

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