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DIGGeRs & DeALeRs ReVIeW


                                                                                The teams at Saracen and Northern Star will
                                                                                get a lot closer after a $16 billion merger that
      And the winners are...                                                    will place the Golden Mile into a single entity
                                                                                     for the first time in its 127-year history























          iggers & Dealers 2020 will go down                                       Western Australia’s Pilbara, which pro-
      Das one of the most memorable in                                             vides employment for a workforce in
       history.                                                                    excess of 2,000 people.
        Few events of the size of Diggers                                           While iron ore is going gangbusters,
       have  taken place  since COVID-19                                           Australian gold production is just as
       gripped the world and while there re-                                       strong and there were no surprises that
       mains much uncertainty and turbulent                                        Dealer of the Year Award went to Ra-
       times ahead for many, the 1,200 peo-                                        leigh Finlayson’s Saracen Mineral Hold-
       ple gathered for the traditional Westrac                                    ings Ltd  and Northern Star Resources
       Gala Dinner to conclude the three-day                                       Ltd for their purchase of the Super Pit
       forum would have pleased to have at-                                        gold mine in Kalgoorlie.
       tended the Kalgoorlie event.                                                 Meanwhile, after delivering a 420%
        Even more pleased would have been                                          increase in net profit across its WA gold
       the companies and individuals recog-  Diggers & Dealers chairman Jim Walker presents De Grey   mines, Ramelius Resources Ltd was
       nised for their outstanding achievements   chairman Simon Lill with the Best Emerging Company   the Digger of the Year.
       in the mining sector since Diggers 2019,   Award alongside Perth Mint’s Richard Hayes   Continuing the gold theme was De
       while for others a life time dedicated to                                   Grey Mining Ltd taking out the Best
       the industry was duly applauded.                                            Emerging Company Award after the
        This year,  Paydirt editor Dominic Piper   that has made an exceptional lifetime contri-  Hemi discovery in the Pilbara has seen its
       broke commercial media’s recent hold on   bution to the Australian mining industry.  share price rocket from 5c to $1.34c/share
       the media award, while also against the   The Hancock Prospecting owner’s wealth   and a market cap of $1.7 billion.
       grain was Gina Rinehart’s acknowledgment   is estimated at over $21 billion after taking   WA School of Mines mining engineering
       with the GJ Stokes Memorial Award.  over the chair at her father Lang Hancock’s   student Georgia Kerr won the Ray Finlayson
        Rinehart became the first female recipient   company in 1992 following his death.   Award for Leadership and Academic Excel-
       of the award, named after late forum founder   Rinehart is now the primary owner of the   lence.
       Geoffrey Stokes, which singles out a person   privately owned 55 mtpa Roy Hill mine, in
























          Ray Finlayson Award for Leadership and   Hancock executive director Tad Watroba   Ramelius managing director Mark Zeptner
        Academic Excellence winner Georgia Kerr   received the GJ Stokes Memorial Award   accepting the Digger of the Year award
                                                      from Kate Stokes on behalf of
       Page 86   DeCeMBeR 2020 - JaNUaRY 2021    aUSTRaLIa’S PaYDIRT  Gina Rinehart
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