Latest news with #Hastings'
NZ Herald
29-06-2025
- Climate
- NZ Herald
Hawke's Bay club rugby: Four to battle for Maddison glory
The weather's stunning backdrop to Hastings' 54-41 victory against Napier Tech at Elwood Park on Saturday. Photo / Emma Rodger By Shane Hurndell Hastings Rugby and Sports openside flanker Fale Matamata will struggle to forget his 100th premier outing in future. It was celebrated with Saturday's 54-41 victory against Napier Technical at Elwood Park. This victory secured Hastings a berth in this weekend's Maddison Trophy premier club competition's semifinals -
Vancouver Sun
05-06-2025
- Sport
- Vancouver Sun
Belmont history beckons while Avana chases 'legend' status at Hastings Racecourse
A place in racing history awaits the winner of the final leg of the Triple Crown on Saturday, when Kentucky Derby winner Sovereignty takes on Preakness winner Journalism in the 157th running of the Belmont Stakes at Saratoga. It's far from a two-horse race, but if either of the main protagonists prevails in the $2-million contest, he will hold the bragging rights as best three-year-old colt in North America. And it's only June. The three-year-olds at Hastings, by contrast, will have to wait another week before their important tests even begin. This weekend sees the older generation kick off the Hastings' Stakes Program with six fillies and mares going for the $40,000 Emerald Downs Stakes, while seven boys are slated for the $40,000 George Royal Stakes. Trainer Barbara Heads saddles the likely favourite in each race. August Rain, winner of both the Canadian and B.C. Derbies last season, goes in the George Royal, while the remarkable Avana, winner of the B.C. Oaks and four other important Stakes contests last season, will be a favourite in the Emerald Downs. Avana's tendency to dawdle along at the rear before chasing down her prey from a seemingly impossible position, is gaining her quite the fan club at Hastings, even while her running style is causing rising blood pressure among her connections. 'I was concerned a couple of times last season that she wouldn't be able to make up the ground,' Heads explained this week. 'Especially when we hit a slow pace. Because normally, when your horses are way off the pace like that, you depend on a good pace in front of you.' Heads continued, 'Every horse has its own running style and that's just hers. I try not to dissect it too much. Amadeo (Perez, her rider) knows her well now and lets her decide when to make her move.' By contrast, the pugnacious August Rain will be found at the heart of the action in the George Royal Stakes. 'He loves being in the mix and into the grind of it all,' Heads admitted. 'The dogfight, you know? It seems like if he does get in a little bit of trouble, it only gives him more incentive.' August Rain and Avana are both owned by Peter Redekop who, now 90, will certainly remember perhaps the greatest 'hold-up' mare to grace the East Van oval, Delta Colleen. An Oaks winner like Avana, Delta Colleen won 18 Stakes races at Hastings (then called Exhibition Park) in the late 1980s and early '90s, and she is remembered each year in the Delta Colleen Stakes. Avana still has some way to go to emulate Delta Colleen's status as a Hastings' legend, but a win on Saturday will put her a step closer and, as her connections now know, she will certainly enjoy the chase. First race Saturday, 2:30 p.m., Belmont Stakes (4:05 p.m. PT): Kentucky Derby hero Sovereignty can prove himself the best three-year-old in the land and confirm his superiority over Preakness winner Journalism by landing the Belmont Stakes at Saratoga. He missed the Preakness and will be a fresh horse for the final leg of the Triple Crown. Hastings Race 5 (4:59 p.m. PT): Diocles overcame his dislike of a sloppy track two weeks ago to beat several of today's rivals convincingly. He was doing his best work at the end and represents a red-hot Pat Jarvis barn. Check out our sports section for the latest news and analysis. Care for a wager? Head to our sports betting section for news and odds.
West Australian
27-05-2025
- Business
- West Australian
Hastings heads down multi-commodity road with WA gold grab
Hastings Technology Metals has nabbed a promising Western Australian gold project, pushing along the company's plans to diversify into other commodities. The acquisition adds to Hastings' rare earths, gold and niobium portfolio, which includes its flagship Yangibana rare earths project. Hastings has signed a binding agreement to acquire all the shares in private firm Great Western Gold, which has an option and agreements to scoop up interests in the Whiteheads gold project held by several ASX-listed companies. The tenement package comprises 14 licences across 380 square kilometres, 80km northeast of Kalgoorlie, and will amalgamate and consolidate leases in an overlooked Goldfields area crying out for new managers to throw time and funding its way. Hastings will acquire the Whiteheads package via Great Western Gold's option to purchase a 75 per cent stake in nine exploration licences and a prospecting licence held by Great Boulder Resources. These licences are held in joint venture with private company Zebina Minerals. Great Western Gold has also reached an agreement to grab three remaining exploration licences and one mining lease from a mix of interests held by Great Boulder, Mithril Resources and Aberdeen Mining. Hastings will hold all of the three licences and the lease. Hastings will be able to lay its hands on a significant volume of historic data to instigate an extensive and systematic exploration program to outline a maiden JORC resource at Whiteheads. The company anticipates the estimate will be reveal-ready later this year. Andrew Forrest's Wyloo recently struck a deal with Hastings, in which Wyloo will pick up 60 per cent of Hastings' imposing Yangibana rare earths project, which also contains the coveted mineral niobium. Yangibana is 270km east-northeast of Carnarvon in WA's Gascoyne region. The Whiteheads project is in the gold-rich Eastern Goldfields and hosts several high-priority, drill-ready targets, including Blue Poles, Seven Leaders and Lady Betty. An estimated 10,000 metres of historical drilling, soil sampling, gravity surveys and geochemical programs have been completed across the project's ground. Whiteheads is considered an advanced gold project. It is close to existing gold processing facilities with a total processing capacity of more than 9 million tonnes per annum, established infrastructure, a well-maintained road network and other mines, such as Northern Star Resources' Kanowna Belle mine. Kanowna Bell is 40km south of Whiteheads and produced 166,000 ounces of gold in the past financial year. It has a processing plant with a 2Mtpa processing capacity. The purchase cost of $370,000 in cash and 3 million Hastings shares, valued today at 32.5 cents each for a share value of $975,000, could be considered a modest upfront sum at $1.345M in total if the company can quickly prove up a worthwhile resource. Hastings will pay an additional deferred sum up to $800,000 upon reporting certain mineral resource milestones, above minimum cut-off grades. Hastings expects to begin its due diligence and to start drafting the relevant paperwork to complete the purchase in the coming weeks. After it completes the acquisition, the company plans to launch into initial air core and reverse circulation drilling programs to test for extensions and infill key prospect areas at Blue Pole, Lady Betty and Seven Leaders. It will undertake soil and geochemistry programs across the entire project, conduct scoping studies and baseline environmental assessments, and assess the project's mining potential using nearby third-party processing options. The deal with Wyloo encouragingly resulted in Hastings shedding about $220M debt owed to Wyloo, which was becoming a burden to the company. That debt was created when Wyloo provided an exchangeable note to Hastings so it could pick up 21.5 per cent of Canadian rare earths magnet manufacturer Neo Performance Materials. Those shares have since dropped in value after the sharp decline in global rare earths prices. About $80M of the debt was paid down back in February when Hastings transferred the bulk of its shares in Neo to Wyloo. Under the terms of the now completed deal, Wyloo and Hastings have formed a 60:40 joint venture, with Wyloo assuming operatorship of Yangibana, which is considered one of the most advanced unmined rare earths projects globally in terms of spent capital. Wyloo retains an option to increase its stake to 70 per cent for at least an additional $20M. Hastings sees Whiteheads as a low-cost entry to a well-understood gold exploration opportunity, with plenty of upside potential, drill targets at the ready and other untested anomalies near surface. The company's latest decision to spread its wings across a diverse commodity base is part of its growth trajectory plans and could pay big dividends, as the gold price continues its gangbuster run, hovering near US$3330 (A$5145) per ounce. Is your ASX-listed company doing something interesting? Contact:
The Age
27-05-2025
- Business
- The Age
Hastings heads down multi-commodity road with WA gold grab
Hastings Technology Metals has nabbed a promising Western Australian gold project, pushing along the company's plans to diversify into other commodities. The acquisition adds to Hastings' rare earths, gold and niobium portfolio, which includes its flagship Yangibana rare earths project. Hastings has signed a binding agreement to acquire all the shares in private firm Great Western Gold, which has an option and agreements to scoop up interests in the Whiteheads gold project held by several ASX-listed companies. The tenement package comprises 14 licences across 380 square kilometres, 80km northeast of Kalgoorlie, and will amalgamate and consolidate leases in an overlooked Goldfields area crying out for new managers to throw time and funding its way. Hastings will acquire the Whiteheads package via Great Western Gold's option to purchase a 75 per cent stake in nine exploration licences and a prospecting licence held by Great Boulder Resources. These licences are held in joint venture with private company Zebina Minerals. Great Western Gold has also reached an agreement to grab three remaining exploration licences and one mining lease from a mix of interests held by Great Boulder, Mithril Resources and Aberdeen Mining. Hastings will hold all of the three licences and the lease. 'This acquisition is the next step in Hastings' growth trajectory.' Hastings Technology Metals executive chairman Charles Lew Hastings will be able to lay its hands on a significant volume of historic data to instigate an extensive and systematic exploration program to outline a maiden JORC resource at Whiteheads. The company anticipates the estimate will be reveal-ready later this year. Andrew Forrest's Wyloo recently struck a deal with Hastings, in which Wyloo will pick up 60 per cent of Hastings' imposing Yangibana rare earths project, which also contains the coveted mineral niobium. Yangibana is 270km east-northeast of Carnarvon in WA's Gascoyne region. Hastings Technology Metals executive chairman Charles Lew said: 'This acquisition is the next step in Hastings' growth trajectory following the successful creation of the Yangibana joint venture in partnership with Wyloo. The Whiteheads project provides Hastings with a low-cost entry to a well-understood gold exploration opportunity with significant upside potential.'
Sydney Morning Herald
27-05-2025
- Business
- Sydney Morning Herald
Hastings heads down multi-commodity road with WA gold grab
Hastings Technology Metals has nabbed a promising Western Australian gold project, pushing along the company's plans to diversify into other commodities. The acquisition adds to Hastings' rare earths, gold and niobium portfolio, which includes its flagship Yangibana rare earths project. Hastings has signed a binding agreement to acquire all the shares in private firm Great Western Gold, which has an option and agreements to scoop up interests in the Whiteheads gold project held by several ASX-listed companies. The tenement package comprises 14 licences across 380 square kilometres, 80km northeast of Kalgoorlie, and will amalgamate and consolidate leases in an overlooked Goldfields area crying out for new managers to throw time and funding its way. Hastings will acquire the Whiteheads package via Great Western Gold's option to purchase a 75 per cent stake in nine exploration licences and a prospecting licence held by Great Boulder Resources. These licences are held in joint venture with private company Zebina Minerals. Great Western Gold has also reached an agreement to grab three remaining exploration licences and one mining lease from a mix of interests held by Great Boulder, Mithril Resources and Aberdeen Mining. Hastings will hold all of the three licences and the lease. 'This acquisition is the next step in Hastings' growth trajectory.' Hastings Technology Metals executive chairman Charles Lew Hastings will be able to lay its hands on a significant volume of historic data to instigate an extensive and systematic exploration program to outline a maiden JORC resource at Whiteheads. The company anticipates the estimate will be reveal-ready later this year. Andrew Forrest's Wyloo recently struck a deal with Hastings, in which Wyloo will pick up 60 per cent of Hastings' imposing Yangibana rare earths project, which also contains the coveted mineral niobium. Yangibana is 270km east-northeast of Carnarvon in WA's Gascoyne region. Hastings Technology Metals executive chairman Charles Lew said: 'This acquisition is the next step in Hastings' growth trajectory following the successful creation of the Yangibana joint venture in partnership with Wyloo. The Whiteheads project provides Hastings with a low-cost entry to a well-understood gold exploration opportunity with significant upside potential.'
