Santos CEO mixes business and pleasure at the Wallabies
One who was spotted among VIPs and junketeers was Santos chief executive Kevin Gallagher. His presence is entirely expected, considering that his oil and gas company is a major sponsor of Australian rugby. But still, it was a nice distraction for him given he has so much on his mind.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Sydney Morning Herald
11 minutes ago
- Sydney Morning Herald
Javelin tweaks mine plan to boost WA gold recovery to 39,000 ounces
Javelin Minerals has tweaked its mining plan to boost the expected gold recovery at the company's Eureka project to 39,000 ounces, a 15 per cent increase from the previously announced 34,000 recoverable ounces. It follows on from a 27 per cent jump in the resource's higher confidence indicated category. The lift to indicated resources was accompanied by a 32 per cent bump-up in grade to 1.98 grams per tonne (g/t) gold, providing a significant uplift in anticipated cash flow from mining the project, expected to begin next year. The huge jump in the gold grade for the 39,000 recoverable ounces extended to the project's overall mineral resource, increasing it to 2.04 million tonnes at 1.69g/t, using a 16 per cent grade increase from the previous resource, for 110,687 ounces of the precious yellow metal. Notably, the indicated mineral resource has been beefed-up and now stands at a solid 1.36Mt going 1.8g/t for 78,678 ounces, a significant 27 per cent leap. The bulk of the resource of more than 70 per cent is now positioned in the much-vaunted category. Much of the indicated resource sits below the southern end of the Eureka pit, where the company plans to begin its contract mining operations. Javelin is engaging with several contract miners and nearby process plant operators, aiming to fast-track production and generate cash flow as quickly as possible. 'Our mining plan is looking extremely attractive, particularly against the backdrop of the company's current market capitalisation.' Javelin Minerals executive chairman Brett Mitchell With the gold price hovering at a gangbuster US$3352 (A$5180) per ounce, the higher grades in recoverable ounces and indicated resources could supercharge the project's economics, providing both higher margins and cash flow. It provides the company with the option to consider boosting production ounces at the current sky-high price. Management says the considerable jump in grade has enabled it to revise the tonnes to be mined, with a new pit optimisation study revealing a 20 per cent decrease in mined material to 698,887 tonnes. Javelin Minerals executive chairman Brett Mitchell said: 'With the very strong Australian dollar gold price, the good condition of the open pit and the ability to process the material at one of the nearby mills, our mining plan is looking extremely attractive, particularly against the backdrop of the company's current market capitalisation.'

The Age
11 minutes ago
- The Age
Javelin tweaks mine plan to boost WA gold recovery to 39,000 ounces
Javelin Minerals has tweaked its mining plan to boost the expected gold recovery at the company's Eureka project to 39,000 ounces, a 15 per cent increase from the previously announced 34,000 recoverable ounces. It follows on from a 27 per cent jump in the resource's higher confidence indicated category. The lift to indicated resources was accompanied by a 32 per cent bump-up in grade to 1.98 grams per tonne (g/t) gold, providing a significant uplift in anticipated cash flow from mining the project, expected to begin next year. The huge jump in the gold grade for the 39,000 recoverable ounces extended to the project's overall mineral resource, increasing it to 2.04 million tonnes at 1.69g/t, using a 16 per cent grade increase from the previous resource, for 110,687 ounces of the precious yellow metal. Notably, the indicated mineral resource has been beefed-up and now stands at a solid 1.36Mt going 1.8g/t for 78,678 ounces, a significant 27 per cent leap. The bulk of the resource of more than 70 per cent is now positioned in the much-vaunted category. Much of the indicated resource sits below the southern end of the Eureka pit, where the company plans to begin its contract mining operations. Javelin is engaging with several contract miners and nearby process plant operators, aiming to fast-track production and generate cash flow as quickly as possible. 'Our mining plan is looking extremely attractive, particularly against the backdrop of the company's current market capitalisation.' Javelin Minerals executive chairman Brett Mitchell With the gold price hovering at a gangbuster US$3352 (A$5180) per ounce, the higher grades in recoverable ounces and indicated resources could supercharge the project's economics, providing both higher margins and cash flow. It provides the company with the option to consider boosting production ounces at the current sky-high price. Management says the considerable jump in grade has enabled it to revise the tonnes to be mined, with a new pit optimisation study revealing a 20 per cent decrease in mined material to 698,887 tonnes. Javelin Minerals executive chairman Brett Mitchell said: 'With the very strong Australian dollar gold price, the good condition of the open pit and the ability to process the material at one of the nearby mills, our mining plan is looking extremely attractive, particularly against the backdrop of the company's current market capitalisation.'

Sky News AU
11 minutes ago
- Sky News AU
True cost of government's renewables plan could top $1 trillion
Nationals Leader David Littleproud has warned the true cost to achieve the 82 per cent renewables target and the government's emissions reduction goal could top $1 trillion. 'I think we've got well over a trillion dollars that the Australian taxpayers are going to pay, and you're going to pay that through your energy bill every quarter, and you should see Anthony Albanese and Chris Bowen's face on that bill every quarter,' Mr Littleproud told Sky News Australia.