G2 Goldfields steps out from W3 zone at Sandy Lake

The stock has traded up 17.25% to $3.37 in the last five days.

Government only now preparing first public report on 2008 strategy.

The move aims to shift blame for delays away from the government.

Billionaire Andrew Forrest, who made his fortune as the driving force behind Fortescue, says high cost competitors will exit the market shortly.

Sector now delivering some of the healthiest returns for many of the world’s biggest miners, including Rio Tinto and Anglo American.

The appeal follows a confusing ruling in March this year that revoked the penalty, the largest ever imposed in the country, only to force the country's environmental watchdog to rewrite it.

Miner confident project will move forward.

Debate focused on modernizing or replacing century-old pricing process.

It has become economically unviable for miners to dig any deeper for the precious stones.