Original article by Tess Ingram
The Australian Financial Review – Page: 13 & 24 : 9-Aug-17

Gold Fields CEO Nick Holland says the South Africa-based company has ramped up spending on exploration to almost $A100m a year, citing factors such as a dearth of acquisition opportunities in the gold sector and the high cost of gold assets. He adds that exploration budgets had been slashed globally in recent years, while a number of gold assets in Australia are likely to reach the end of their mine life in coming years. Evolution Mining and Saracen Mineral Holdings are among the Australian-listed companies that are increasing their exploration programs.

CORPORATES
GOLD FIELDS LIMITED, EVOLUTION MINING LIMITED – ASX EVN, SARACEN MINERAL HOLDINGS LIMITED – ASX SAR, ST BARBARA LIMITED – ASX SBM, DIGGERS AND DEALERS FORUM, GOLD ROAD RESOURCES LIMITED – ASX GOR, RIVERSGOLD LIMITED