Australian mineral exploration company, Corazon Mining Limited has announced a high grade copper mineralisation from a recently completed surface rock-chip sampling program at the Mount Gilmore Cobalt-Copper-Gold Project in New South Wales Australia. Corazon has secured the right to earn up to 80% of the Mt Gilmore Cobalt-Copper-Gold Project from private company Providence Gold and Minerals Pty Ltd and is currently completing due diligence. The surface rock-chip sampling being reported was undertaken by Providence; these results have been received by Corazon and as such additional disclosure is required by the Company. Rock-Chip Sampling Program A total of 76 rock-chip samples…
Carrapateena in South Australia is shaping up as a major copper-gold project. In a statement last month, the proponent (OZ Minerals) made clear its commitment to the project. The ore-production rate is to be increased over what was previously planned; work on a decline will commence next month (mining will be underground); and final processing will take place at Whyalla, a regional city approximately 200 kilometres south of the minesite. All going well, construction will commence next year, with first production in 2019. Estimated capital cost: nearly A$1 billion (over US$700 million). OZ Minerals says that the choice of Whyalla…
The Government has approved two proposals from Rio Tinto to develop new deposits in the Pilbara, Western Australia, prolonging the life of existing mining operations. Announcing the approvals, State Development Minister Bill Marmion said the projects would deliver both short and long-term benefits for the State. "This is great news for the resources sector and will create opportunities for workers and contractors who are doing it tough in the current climate," Mr Marmion said. "These approvals will allow Rio Tinto to maintain its current level of production at two sites, Yandicoogina and West Angelas." The Minister has given approval for…
Mineral Resources of Perth is a mining company, but it is also a mining-services company, offering services in fields such as crushing and pipeline design and construction. The company is developing a new transport system for taking iron ore from its Iron Valley mine in the Pilbara region to Port Hedland for shipping. The system is an elevated rail line. Mineral Resources says that it occupies a “niche between heavy rail and conveyor”, adding that it is “significantly less capital intensive than traditional heavy-haul rail” (see further information). The system will be open to third-party users. It has the potential…
Sand mining on North Stradbroke Island is to substantially cease by 2019, with the Queensland Parliament voting in favour of the phase-out to allow the creation of new, sustainable jobs. The North Stradbroke Island Protection and Sustainability and Other Acts Amendment Bill 2015 to end sand mining was passed in the Queensland Parliament early today (Thursday). Environment Minister Dr Steven Miles said it was a good result for the environment and would ultimately open up new and exciting opportunities for the island community, leading to positive economic outcomes. “Today marks the start of a new chapter for North Stradbroke Island,”…
The company developing a greenfield coal project at present may appear to be brave, but at least three such projects are at an advanced planning stage in Australia. The first is Meteor Downs South in Queensland. This will be a small, low-cost operation, entailing open-cut mining and simple processing. It will produce thermal coal (used for electricity). Subject to final approval by the proponents (a Chinese company and a Japanese company), construction will commence by the end of the year. The second is a much larger, Chinese-driven project: Hillalong, also in Queensland. With an estimated capital cost of A$600 million,…
Doray Minerals Limited has entered into a farm-in Agreement with Rox Resources Limited to explore the highly prospective and underexplored Mount Fisher Gold Project which is located in the north-eastern Goldfields of Western Australia. The Mt Fisher farm-in represents another strategic exploration project for Doray, with a large contiguous land package over an underexplored greenstone belt with already identified gold mineralisation, and adds to its highly prospective Horse Well JV and Western Gawler farm-in in South Australia. Doray’s Managing Director, Allan Kelly, said Mount Fisher represented a very attractive exploration opportunity for Doray, given the many similarities with the multi-million…
American Rare Earths has revealed significant breakthroughs in metallurgical technology as part of the SynBREE project. The project, a consortium led by Lawrence Livermore National Laboratory (LLNL), is part of the Environmental Microbes as a BioEngineering Resource (EMBER) program within the Defense Advanced Research Projects Agency (DARPA), a U.S. Department of Defense agency. The groundbreaking results include the successful preconcentration of Halleck Creek ore to 3.5% Total Rare Earth Oxide (TREO) at a 12:1 upgrade ratio. This achievement represents a remarkable approximately 200 per cent increase from the existing flowsheet design, utilising cost-effective and conventional Dense Medium Separation (DMS) techniques.…
Gold exploration company Challenger Gold has announced that the company’s recent metallurgical testwork program at the Hualilan Gold Project in Argentina, conducted in November 2023, has opened new avenues for the processing and profitability of the project. The initial scoping study for the project outlined a process path yielding three primary product streams: an Au-Ag concentrate from bulk flotation, a Zn-Au-Ag concentrate from sequential flotation, and Au-Ag doré from leaching of the flotation tailings-leach (FTL). A significant enhancement was identified late in the study's preparation phase, proposing the conversion of the Au-Ag concentrate into doré through a fine-grind and high-intensity…
The latest drilling results recently released by Australian-based mineral exploration company — Latin Resources Ltd — from the Colina Deposit and Fog’s Block in Brazil have yielded high-grade lithium, enforcing the project’s Tier One status. Following the previous mineral resource estimate (MRE) in June 2023, an additional 53 holes (23,617 metres) were drilled at the Colina Deposit, and 13 diamond drill holes (4,575.7 metres) at Fog’s Block. Latin Resources Vice President of Operations - Americas Tony Greenaway said: “This latest update represents a solid five months of drilling which was focused on extending the Colina Deposit to the southwest along…
Australia-based mineral exploration company, Mont Royal Resources, has made significant progress in the Phase Two lithium exploration program at the Bohier Lithium Project, situated in the prolific Upper Eastmain Greenstone Belt in Quebec, Canada. The Bohier Lithium Project footprint has expanded through its second lithium exploration phase. The company reported high-grade results from the trenching and channel sampling program, including: 6.05 metres at 1.78 per cent lithium oxide 7 metres at 1.71 per cent lithium oxide 1 metre at 1.97 per cent lithium oxide 18 samples are currently pending results at the Actlabs laboratory facility in Val d’or, Quebec. Preparations…
Mineral exploration company Rincon Resources has made significant progress at its wholly-owned West Arunta project — in Western Australia — as the company has obtained the necessary heritage clearance. This sets the stage for imminent site works and the initiation of a groundbreaking 1,000 metre diamond drilling program at the Pokali IOCG Prospect. With the clearance in place, the team is diligently preparing for the site works, which is scheduled to commence soon, followed closely by the drilling activities. The upcoming drilling program is meticulously designed to include two diamond holes, each extending to a minimum depth of 500 metres.…
ASX-listed technology minerals company Pinnacle Minerals Ltd has mobilised the field team from Quebec-based geological consultants, IOS, to Mirage Outfitters for the execution of fieldwork. This move marks the preparation for the inaugural exploration program at the Adina East Project located in James Bay, Quebec. Pinnacle Minerals Managing Director Nic Matich said: “Pinnacle has secured the services of respected Geological Group IOS Services Géoscientifiques to conduct first pass exploration at the recently acquired Adina East Lithium Project. Having the crew mobilised on site one day after announcing the acquisition highlights the company’s intent to maximise shareholder value through prompt and…
Producer of high-performance titanium products Iperion X Limited has received a Letter of Interest (LOI) from the Export-Import Bank of the United States (EXIM Bank) — offering a provisional equipment finance of US$11.5 million. This finance is intended for the development of IperionX’s Titanium Production Facility located in Halifax County, Virginia, and is repayable over a tenure of seven years. This promising development follows EXIM’s evaluation of IperionX’s project for eligibility under both its ‘China and Transformational Exports Program’ and the ‘Make More in America Initiative’. These schemes are crafted to diminish Chinese dominance in critical sectors while amplifying export-focused…
