Latest news with #DealeroftheYear
Perth Now
6 days ago
- Business
- Perth Now
More gold jackpots lurking in WA dirt, top miner says
The man who helped unearth one of Australia's biggest recent gold finds says there's plenty more motherlodes in them thar hills. Former De Grey Mining chairman Simon Lill hit the jackpot when his exploration team discovered the Hemi deposit in the Pilbara region of Western Australia in 2020. Despite the region being better known for its rich iron ore reserves, the discovery gave De Grey one of the most valuable gold assets in development in Australia, estimated at more than 11 million ounces of ore. The timing could not have been better, with bullion prices soaring to record highs in the years since, leaving the company sitting on top of more than $55 billion worth of gold at current prices. So De Grey cashed in, with Australia's largest goldminer Northern Star snapping the company and its Hemi project up for $5 billion. The deal earned De Grey and Mr Lill the coveted Dealer of the Year award at the glitzy closing night ceremony of this year's Diggers and Dealers mining forum. "De Grey Mining exemplifies all that makes our industry great," the conference's organisers said. "Exceptional market validation driven by resource expansion and investor anticipation." Now chair of Ballard Mining, an ASX newbie spun out of Gina Rinehart-backed Delta Lithium along with its high-grade Mount Ida gold project, Mr Lill said there was plenty more gold to be found in the red WA dirt. "I used to work with a crusty old metallurgist," he said on Wednesday. "He said, if it's under-explored, there ain't nothing there, i.e. the old timers have found it all. I think the gold industry in recent years has proven that that is wrong." Ballard already claims more than one million ounces of gold in its deposit, but with more exploration underway at the site, Mr Lill is confident that figure is just scratching the surface. "The geologists from De Grey were convinced that there'll be another Hemi somewhere," he said. Right next door to Ballard's Mount Ida project is a processing plant owned by privately-held gold producer Aurenne Group. It was only logical at some stage to hold discussions with Aurenne about potentially acquiring the facility, Mr Lill said. Flush with cash from the surge in gold prices to more than $5200 an ounce, mergers and acquisitions was a hot topic among delegates at the three-day mining forum in Kalgoorlie. Another recent M&A participant, Ramelius Resources, scooped the Digger of the Year award. The mid-tier miner, which a week earlier completed its $2.4 billion takeover of gold play Spartan Resources, achieved a record 301,664 ounces of gold production last financial year, demonstrating "outstanding operational and financial performance". West African explorer Turaco Gold won the emerging company award while the GJ Stokes Memorial Award went to Peter Cook, recognised for more than 40 years in the industry. A plane-load of workers was flown into Kalgoorlie to staff the gala dinner under the giant Diggers marquee on Wednesday night, before being flown back to Perth in the early hours of Thursday morning when the festivities had wrapped up.
West Australian
6 days ago
- Business
- West Australian
More gold jackpots lurking in WA dirt, top miner says
The man who helped unearth one of Australia's biggest recent gold finds says there's plenty more motherlodes in them thar hills. Former De Grey Mining chairman Simon Lill hit the jackpot when his exploration team discovered the Hemi deposit in the Pilbara region of Western Australia in 2020. Despite the region being better known for its rich iron ore reserves, the discovery gave De Grey one of the most valuable gold assets in development in Australia, estimated at more than 11 million ounces of ore. The timing could not have been better, with bullion prices soaring to record highs in the years since, leaving the company sitting on top of more than $55 billion worth of gold at current prices. So De Grey cashed in, with Australia's largest goldminer Northern Star snapping the company and its Hemi project up for $5 billion. The deal earned De Grey and Mr Lill the coveted Dealer of the Year award at the glitzy closing night ceremony of this year's Diggers and Dealers mining forum. "De Grey Mining exemplifies all that makes our industry great," the conference's organisers said. "Exceptional market validation driven by resource expansion and investor anticipation." Now chair of Ballard Mining, an ASX newbie spun out of Gina Rinehart-backed Delta Lithium along with its high-grade Mount Ida gold project, Mr Lill said there was plenty more gold to be found in the red WA dirt. "I used to work with a crusty old metallurgist," he said on Wednesday. "He said, if it's under-explored, there ain't nothing there, i.e. the old timers have found it all. I think the gold industry in recent years has proven that that is wrong." Ballard already claims more than one million ounces of gold in its deposit, but with more exploration underway at the site, Mr Lill is confident that figure is just scratching the surface. "The geologists from De Grey were convinced that there'll be another Hemi somewhere," he said. Right next door to Ballard's Mount Ida project is a processing plant owned by privately-held gold producer Aurenne Group. It was only logical at some stage to hold discussions with Aurenne about potentially acquiring the facility, Mr Lill said. Flush with cash from the surge in gold prices to more than $5200 an ounce, mergers and acquisitions was a hot topic among delegates at the three-day mining forum in Kalgoorlie. Another recent M&A participant, Ramelius Resources, scooped the Digger of the Year award. The mid-tier miner, which a week earlier completed its $2.4 billion takeover of gold play Spartan Resources, achieved a record 301,664 ounces of gold production last financial year, demonstrating "outstanding operational and financial performance". West African explorer Turaco Gold won the emerging company award while the GJ Stokes Memorial Award went to Peter Cook, recognised for more than 40 years in the industry. A plane-load of workers was flown into Kalgoorlie to staff the gala dinner under the giant Diggers marquee on Wednesday night, before being flown back to Perth in the early hours of Thursday morning when the festivities had wrapped up.
West Australian
7 days ago
- Business
- West Australian
Diggers & Dealers 2025: De Grey Mining snags Deal of the Year for $5 billion Hemi sale
The blockbuster $5 billion sale of the Hemi gold deposit in 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 officially in May, in a transaction that handed WA's Super Pit miner the keys to the country's next major yellow metal mine amid record prices. The judges said 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 winning streak was also reflected in the Digger of the Year Award, which went to listed mid-tier Ramelius Resources. The Mark Zeptner-led gold miner has managed to deliver on its promised production and cost guidance targets or five 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 said 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 projects that struggled to get off the ground. The 2025 Emerging Company Award went to yellow metal explorer Turaco Gold. The $520m market capitalised Turaco bought the Afema Gold Project in Cote d'Ivoire in early 2024, and has been tipped as an advancing new mid-tier gold producer in the region. All the awards were dished out at the 34th annual Diggers & Dealers gala dinner on Wednesday night.
IOL News
31-07-2025
- Automotive
- IOL News
Breaking barriers: Gabisile Fakude's inspiring journey as a trailblazing woman in the trucking industry
Fakude says she has made it her priority to build partnerships. 'It's evident that the challenges we face as women in this space have persisted for years, and the only way to change that narrative is to bring more women into the industry. As we increase our representation, the stigma associated with women in these roles will gradually dissipate, making it more common for women to thrive.' 'Rather than expecting others to pave the way for me, I chose to focus on my own progression and my desire to demonstrate that women can achieve success in this industry. Throughout my journey, I've encountered many other women facing similar challenges, which has helped me recognise that my struggles are part of a larger narrative,' she said. 'The stereotypes that are prevalent in this commercial space can be overwhelming. However, I made a conscious choice to adapt, reminding myself continuously that the challenges I faced were part of the environment I had to navigate and are not personal. 'Navigating the commercial vehicle industry is no small feat, especially since I embarked on this journey over 12 years ago. From the outset, I quickly learned to manage the pressures that come with being a woman in a predominantly male field. We caught up with her and asked her about the challenges she faced and how she and her team managed to walk away with the prestigious honour of being crowned Dealer of the Year 2025, at the UD Trucks Southern Africa Annual Dealer Conference awards (ADC). That's exactly what Gabisile Fakude, dealer principal at UD Trucks Alrode has done, working her way through the ranks culminating in clinching the ultimate title. It's not easy navigating your way through the world of being a dealer principal especially in the male dominated world of trucks and if you're a young woman that challenge becomes even bigger. 'Breaking into this sector should not feel like an insurmountable task. It goes beyond simply working alongside colleagues; it's about nurturing genuine relationships with customers. In commercial business, we don't merely sell trucks; we seek to build partnerships. 'Many of our clients have established long-standing relationships with our dealership, so when entering as a newcomer, especially without prior experience, gaining their trust becomes a significant challenge. 'To address this, I recognised the importance of equipping myself with the necessary knowledge and skills to show my competence. By successfully building my confidence through expertise, I could earn the trust of my customers. Once I achieved that, I found that my colleagues naturally began to reciprocate that trust.' Fakude agrees that the victory is a milestone in her career. 'In reflecting on my achievements, winning the Dealer of the Year award marks a noteworthy milestone in my career. 'My first significant victory came when I successfully united my team after taking on the role of dealer principal. This transition posed major challenges, as adapting to new dynamics in a dealership where many team members had developed alongside me was difficult. 'There's often a palpable sense of 'us versus management,' which complicated relationships. 'Creating unity among my team and across various departments became a priority. It was essential for my management team and me to share a common set of objectives for the dealership. ' I realised that achieving this synergy would make us unstoppable in our pursuit of our targets for the upcoming years. Winning the Dealer of the Year award symbolised our collective efforts; we had worked hard for that acknowledgment, particularly since our dealership hadn't held this title since 2020,' she enthused. 'During that earlier timeframe, I was serving as a sales manager under the late Fernando De Sousa, who had served as dealer principal since the dealership's inception. Taking on this new role required me to fill the shoes of someone with decades of experience — an enormous responsibility. Before focusing on any accolades, my priority was building strong rapport and trust within my team. It was crucial that we worked together effectively, allowing for needed changes in management processes.' Fakude says that one of the key elements of success is communication. 'We prioritised open communication, allowing everyone to express their feelings during this transition. Once we established a stable foundation and a clear understanding of our goals, our individual emotions became secondary to our overarching goal: keeping our dealership operational and sustainable. 'Earning the Dealer of the Year award felt like the culmination of all our shared efforts. It validated everything we had worked toward as a team. I felt truly rewarded as I witnessed our resilience recognised, especially considering the market challenges we've weathered. 'Our dealership has made remarkable strides in profitability, customer retention, and more. Thus, this award symbolises our dedication and hard work.' Asked what sets her dealership apart from the others, Fakude said: 'first and foremost, our resilience. I am fortunate to have a remarkably resilient team. Reflecting on 2020, many individuals were understandably frustrated due to job losses and economic downturns affecting various aspects of life. However, despite these obstacles, our team rose to the occasion. 'Even while grappling with the pandemic, we continued to operate as if it didn't exist. 'Although we faced staffing shortages and had to work on rotating schedules, we managed to maintain a profitable business. In fact, that year, we achieved record profits in both sales and aftersales. 'I must emphasise that our true strength comes from our resilience and agility as a team. We constantly ask ourselves, 'What can we do?' Instead of allowing difficulties to overwhelm us, we focus on finding practical solutions.
Yahoo
11-06-2025
- Business
- Yahoo
Cydcor Earns Prestigious DIRECTV Dealer of the Year Revolution Award for the 9th Consecutive Year
Cydcor demonstrates consistent excellence as it receives client top honors Agoura Hills, California--(Newsfile Corp. - June 11, 2025) - Cydcor, the leading provider of outsourced sales solutions, has once again proven its ability to get results by earning DIRECTV's Revolution Award as Dealer of the Year for the ninth consecutive year. This prestigious recognition is evidence of Cydcor's exceptional sales performance and highlights the company's commitment to consistently delivering outstanding results for its clients. Furthermore, Cydcor was recognized as DIRECTV's top performer in sales, quality, and retention categories. Cydcor Dealer of the Year 9x To view an enhanced version of this graphic, please visit: "At Cydcor, we measure success by the impact we make and the relationships we build. Our commitment to WOWing clients is grounded in our unwavering focus on sales, quality, and retention-the pillars that anchor our efforts," said Cydcor President & CEO Vera Quinn. "Being named DIRECTV Dealer of the Year for the ninth consecutive year is a testament to the dedication of our entire organization, especially our incredible sales network, and the high standards we uphold in every interaction." DIRECTV, Assistant Vice President Eric King, also commented on Cydcor's sales excellence, saying, "Cydcor continues to execute with excellence and reaches new milestones each year. Our collaboration with their team continues to yield outstanding results as we see great quality and alignment on our platform objectives." Cydcor remains dedicated to its core values of integrity, excellence, and teamwork. The company is committed to providing its clients with innovative solutions that drive growth and deliver tangible results, and it is proud to have earned the trust and loyalty of its partners. For three decades and counting, Cydcor has provided customer acquisition solutions to Fortune 500 and emerging companies in a wide range of industries. Cydcor has mastered the power of building relationships with consumers while harnessing technology to acquire, grow, and retain customers for its clients. Founded in 1994, the privately held company is based in Agoura Hills, California. For more information about Cydcor, visit For more information contact:Gail Michalakgmichalak@ To view the source version of this press release, please visit Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
