Diggers & Dealers 2025: De Grey Mining snags Deal | Australian Markets

The blockbuster $5 billion sale of the Hemi gold deposit within the Pilbara to Northern Star Resources has earned De Grey Mining the Dealer of the Year award.

The prized gold miner was acquired by Northern Star Resources formally in May, in a transaction that handed WA’s Super Pit miner the keys to the nation’s subsequent main yellow steel mine amid file costs.

The judges stated De Grey’s substantial growth from making the game-changing discovery at Hemi in 2019 to the sale six years on “exemplifies all that makes our industry great.”

Gold’s successful streak was additionally mirrored within the Digger of the Year Award, which went to listed mid-tier Ramelius Resources.

The Mark Zeptner-led gold miner has managed to ship on its promised manufacturing and price steerage targets or 5 years in a row.

Meanwhile, the GJ Stokes Memorial Award was given to Peter Cook, a geologist and mining company director.

Diggers chair Jim Walker stated Mr Cook was “probably better known as a hard-nosed operator than a corporate executive” and credited him as a “renovator” who had fixed and rebuilt initiatives that struggled to get off the ground.

The 2025 Emerging Company Award went to yellow steel explorer Turaco Gold.

The $520m market capitalised Turaco purchased the Afema Gold Project in Cote d’Ivoire in early 2024, and has been tipped as an advancing new mid-tier gold producer within the area.

All the awards have been dished out on the thirty fourth annual Diggers & Dealers gala dinner on Wednesday night time.