De Grey Mining Ltd

De Grey Mining Ltd

Mining

West Perth, Western Australia 11,603 followers

De Grey Mining (ASX: DEG) is a WA-based mining company growing one of Australia's most exciting new gold discoveries.

About us

De Grey Mining Limited (ASX: DEG) is a Western Australian gold explorer and project development company. The Company’s activities are focussed on the 100% owned Hemi Gold Project in the Pilbara region of WA. Here De Grey has made a large scale, high value, near surface gold discovery at an area called Hemi. The Hemi discovery is rapidly moving towards De Grey’s goal of defining a Tier 1 project with true district-scale potential. Mineralisation in the Hemi area has been identified over a large area and an 10.5 million ounce mineral resource was released in November 2023. The discovery remains open in multiple directions. The total Hemi Project Mineral Resource is now 12.7 million ounces. De Grey’s recent focus on expanding Hemi means many prospective targets remain untested throughout the wider Hemi Project area. High priority targets are being progressively drill tested.

Industry
Mining
Company size
51-200 employees
Headquarters
West Perth, Western Australia
Type
Public Company
Founded
1998

Locations

  • Primary

    2 Kings Park Rd

    Ground Floor

    West Perth, Western Australia 6005, AU

    Get directions

Employees at De Grey Mining Ltd

Updates

  • Last month, our Sustainability & Risk team hosted a stall at the Hedland Economic Forum. Neil Foster, our Chief Sustainability & Risk Officer, delivered a presentation on De Grey's growth in the Pilbara region and the opportunities ahead. The event, organised by the dedicated team at the Port Hedland Chamber of Commerce Inc (PHCCI), was a fantastic opportunity for us to connect with local businesses and industry partners. We appreciated the chance to discuss how larger companies can better engage with local businesses. A huge thank you to the team at PHCCI and to everyone who stopped by to say hello! #DEG #HemiGoldProject #HedlandEconomicForum

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  • Today we are excited to announced that De Grey has entered into a binding Scheme Implementation Deed (SID) under which it is proposed that Northern Star Resources Limited will acquire 100% of De Grey by way of Scheme of Arrangement Upon implementation of the Scheme, Northern Star will acquire De Grey and our flagship Hemi Gold Project, a low-cost, long-life and large-scale gold development project in the Pilbara region of Western Australia. The Scheme consideration, payable in Northern Star shares, values De Grey’s equity at approximately $5 billion on a fully diluted basis and has been unanimously recommended by the De Grey Board. Full details of the news can be found in our ASX announcement, here: https://bit.ly/4icZtHo   #DeGreyMining #DEG

  • At De Grey, we aspire to be outstanding community partners who engage with and support the long-term goals of the people and places neighbouring our operations.    We are looking for a Senior Advisor Community and Social Performance, who will focus on building and maintaining relationships with key stakeholders based on mutual trust, positively impacting communities through social and economic development, and developing and implementing policies, procedures and plans related to De Grey's social performance.   By joining our team, you will play a pivotal role in fostering strong community relationships and driving initiatives that align our operations with the needs and aspirations of neighbouring communities. Apply now - https://lnkd.in/gSfyeTaw #DEG #HemiGoldProject #GoldMining #ApplyNow #CommunityandSocialPerformance #SeniorAdvisor

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  • View organization page for De Grey Mining Ltd, graphic

    11,603 followers

    De Grey is redefining the Pilbara with one of Australia's most exciting gold discoveries. Located approximately 85km south of Port Hedland, the Hemi discovery is a large scale, high value, near surface gold discovery located near world class infrastructure . Our vision is to be a Leader in Gold. By joining our team, you will have the chance to shape our success from the outset as we deliver a world-class project. We are looking for a Manager Contracts and Procurement, reporting to the Project Director, who will oversee contracts, procurement, and supply functions, focusing on developing frameworks and policies. Apply today - https://lnkd.in/gyPPSt9r #DEG #HemiGoldProject #ContractsAndProcurementManager #ApplyNow #GoldMining

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  • 𝗢𝘂𝘁𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝗜𝗻𝗳𝗶𝗹𝗹 𝗗𝗿𝗶𝗹𝗹 𝗥𝗲𝘀𝘂𝗹𝘁𝘀 𝗮𝘁 𝗕𝗿𝗼𝗹𝗴𝗮: 𝗣𝗿𝗲𝗽𝗮𝗿𝗶𝗻𝗴 𝗳𝗼𝗿 𝗛𝗲𝗺𝗶’𝘀 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝗶𝗻𝗴 𝗣𝗵𝗮𝘀𝗲   Recent infill grade control drilling at the Brolga deposit has delivered exceptional results, enhancing our ore production and plant feed planning for Hemi’s future commissioning and ramp-up phases.   Around 60% of assays have been received from a program which increased drilling density in the area where mining will start. This drilling will support a Mineral Resource Upgrade next month and is expected to elevate the first-year of production to a JORC Measured status.   The first year of production at Brolga comprises 9.9Mt @ 1.65g/t Au for 525koz of gold, aligning with our Definitive Feasibility Study.   Our General Manager Exploration, Phil Tornatora, commented: “It is great to see these solid intercepts returned from the infill grade control drilling at Brolga. While not surprising considering the results of previous drilling, it confirms the quality of the Brolga orebody. Many of these holes intersect wide, continuous zones of mineralisation directly beneath the transported cover, where ore production will commence. This drilling continues our strategy of building operational readiness across the business as we await final environmental approvals and a final investment decision for Hemi.”   Read the full announcement here: https://bit.ly/48GMl9f #DeGreyMining #DEG #HemiGoldProject #GoldExploration #Mining #ASX 

  • This year marks our first participation in STEPtember, and our team has shown incredible dedication by successfully raising funds for this meaningful cause. In line with our commitment to health, wellbeing and inclusion, De Grey decided to match the funds raised, amplifying our contribution. We would like to thank everyone for their hard work and enthusiasm across the month of September and look forward to continuing to strive for excellence both professionally and in our community efforts. #DEG #HemiGoldProject #STEPtember #CommunitySupport 

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  • We are pleased to announce that we will be hosting a stall at the Hedland Economic Forum on Wednesday, November 13. Neil Foster will also be presenting on De Grey's future in the Pilbara and what that means for the local community.   We look forward to seeing you all there! #DEG #HemiGoldProject #PHCCI #HedlandEconomicForum

    2024 Hedland Economic Forum The 2024 Hedland Economic Forum will provide an opportunity for big businesses to collaborate with small businesses. Through discussions on local content strategies and partnership frameworks, big businesses can share their vision of inclusive growth and support small businesses in navigating the evolving business landscape. Tickets are on sale now - https://lnkd.in/gEY95HB Neil Foster, Chief Sustainability & Risk Officer – De Grey Mining Ltd Neil is an experienced executive with nearly three decades of experience in managing health, safety, environmental, and community-related risks. His career spans multiple geographies, including Europe, Asia and Africa, where he has led ESG transformations in responsible organisations. As a qualified Geologist and Geotechnical Engineer, Neil began his career with major consulting firms across various global locations, developing his expertise in environmental and geotechnical engineering. His dedication to sustainability was demonstrated during his tenure as Group Sustainability Manager at Iluka Resources, where he led the company’s climate change response and the development of decarbonisation plans. He also managed environmental and social governance for the USD 14 billion New Manila International Airport development in the Philippines. Currently, Neil serves as the Chief Sustainability and Risk Officer at De Grey Mining, a premier gold company focused on developing and growing its Hemi Gold Project in the Pilbara region of Western Australia. In this role, he oversees sustainability and risk management strategies for this Tier-1 gold discovery with an estimated 10.5 million ounces, located 85km south of Port Hedland. Neil’s extensive experience and strategic vision, with the community always at the forefront of his mind, make him a key figure in advancing sustainable development and managing risk for the Hemi Gold Project.

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    11,603 followers

    We had the pleasure of hosting the team at the Port Hedland Chamber of Commerce Inc (PHCCI) at our Wingina Camp yesterday. It was an exciting opportunity to give the team a tour of our facilities, showcasing our exploration process. During the visit, our Community and Social Performance team took them on a tour of Hemi, allowing them to see its size and scale, as well as where the proposed infrastructure would be. This included a visit to a drill rig, providing an opportunity for them to observe our operations in action and engage with the drillers to address any questions they had. The team also visited the core yard, where we demonstrated the processing of core samples after they are extracted from the ground. Shane Boladeras delivered a presentation on the Hemi Gold Project, highlighting the numerous benefits it will not only bring to the Port Hedland community, but to the overall state and national economies. It was a fantastic experience and we were grateful for the opportunity to host the team from the PHCCI. #DEG #HemiGoldProject #SiteTour #CommunityEngagement #PHCCI

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  • We are excited to share that De Grey has been recognised as a finalist for the AMEC Diversity and Inclusion Award! We wish all the other finalists the very best of luck! #DEG #HemiGoldProject #AMECAwards2024 #DiversityandInclusion

    AMEC AWARDS 2024 - FINALISTS 🏆 Congratulations to the finalists for the annual AMEC Awards. Chief Executive Warren Pearce said, “The AMEC Awards provide us with an opportunity to reflect, celebrate and acknowledge some of the excellence we see everyday in the exploration and mining industry.” “From great exploration discoveries to embracing local communities and encouraging diversity in the workplace, the AMEC Awards continues to shine light on the positive contributions to our industry." Tickets are now on sale for the gala dinner on 7 Nov at Optus Stadium ➡️https://ow.ly/sCoS50TJnyU OUR FINALISTS 👏👏 🔹'Environment' thanks to Hetherington: Chalice Mining Limited | Kimberley Mineral Sands | Metro Mining Ltd (ASX:MMI) | Westgold Resources Limited 🔸'Community Contribution' thanks to Parabellum International: Chalice Mining Limited | Gold Road Resources | Mineral Resources Limited 🔹'Aboriginal and Torres Strait Islander Empowerment' thanks to Agreement Hub: Global Drone Solutions, JSW Drilling & Thiess 🔸'Diversity and Inclusion' thanks to UTM Global Pty Ltd: De Grey Mining Ltd, MEC & Westgold Resources Limited 🔹'Media' thanks to Westgold Resources Limited: Adrian RausoThe West Australian, Brad ThompsonThe Australian Financial Review, Rachel RileyThe Courier-Mail & Rhiannon ShineAustralian Broadcasting Corporation (ABC) 7:30 🔸'Prospector' thanks to DDH1 Drilling: To be announced on the night To read the media release visit ➡️ https://ow.ly/xRen50TJnyS #CelebratingIndustryExcellence

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Funding

De Grey Mining Ltd 3 total rounds

Last Round

Post IPO equity

US$ 3.4M

See more info on crunchbase