Pinnacle Minerals Ltd (ASX: PIM) has announced the approval and scheduling of a significant drilling program at the Capel Mineral Sands Project in Western Australia. The program, comprising 93 air core drilling holes over approximately 2,000 metres, is set to begin on 20 May 2024. The Capel project, a brownfield heavy mineral (HM) exploration site, has already shown promising shallow mineralisation in previous drilling efforts by Iluka Resources. Noteworthy results include a mineralisation of 21 metres at 3.3 per cent HM from the surface, including 9 metres at 6.1 per cent HM from 11 metres depth. The project is strategically…
Alliance Nickel Limited (ASX:AXN) has announced that its NiWest Nickel Cobalt Project has been granted Major Project Status (MPS) by the Australian federal government. The project, located near Leonora, WA, is 100 per cent owned by Alliance and is considered strategically significant, with the potential to significantly contribute to Australia's economic growth and employment opportunities. The NiWest Project, boasting one of Australia's highest-grade undeveloped nickel laterite mineral resources, is targeting annual production of 90,000 tonnes of nickel sulphate and 7,000 tonnes of cobalt sulphate. The project is expected to create approximately 600 jobs during the construction phase and an additional…
Victory Metals Limited (ASX: VTM) has announced a significant milestone in Australia's mining sector with groundbreaking metallurgical recoveries of critical magnet metals at its North Stanmore Project in Western Australia. Achieving an exceptional recovery rate of 93 per cent, the results set a new benchmark in the rare earth sector and position North Stanmore as a leader in Australia’s critical minerals landscape. The recent leach tests conducted on beneficiated samples showcased remarkable recoveries of Praseodymium (Pr), Neodymium (Nd), Terbium (Tb), and Dysprosium (Dy). These high-purity elements are integral to advanced technological applications, including renewable energy solutions and electronic devices. Utilising…
St George Mining (ASX: SGQ) has unveiled promising new targets at its wholly-owned Destiny project in Western Australia's Eastern Goldfields region. The exploration efforts have identified potential carbonatites and mafic intrusions, raising the prospect of hosting niobium (Nb), rare earth elements (REE), or nickel-copper-PGE mineralisation. A gravity survey program conducted by St George over six prominent magnetic features at the Destiny project has yielded significant results. Four of the six magnetic features have shown a high-gravity signature, suggesting they could be intrusions such as carbonatites or mafic intrusions, both known globally for hosting valuable mineralisation. These features, ranging from 0.9km…
The Queensland government has granted mining leases for a significant phosphate mine in northwest Queensland, marking a major step forward for the region's economy. North West Phosphate's Paradise South complex, located 130 kilometres northwest of Mount Isa, has been given approval, with expectations to create substantial employment opportunities and boost the local economy. The project is anticipated to generate 200 jobs during the construction phase and employ 245 workers once operational. North West Phosphate has committed to utilising local services, providing a further economic boost to northwest Queensland. Phosphorous, a key product of the mine, is essential for fertiliser production…
Rincon Resources Limited (ASX: RCR) has reported a significant breakthrough in its exploration activities at the West Arunta Project, with recent diamond drilling confirming the presence of Iron Oxide Copper Gold (IOCG)-style mineralisation. The company's second diamond drill hole at the Pokali prospect, labelled '24WADD002,' has intersected multiple zones with moderate to intense magnetite alteration, along with quartz and sulphide veining containing copper sulphides such as chalcopyrite, bornite, and traces of native copper and rare visible gold. These findings suggest the potential for a major IOCG deposit within the Pokali area. The drill core is currently being transported to Perth…
Iron ore continues to be a significant part of Tasmania’s mineral landscape, with the state’s leading operation undergoing some expansion works to ensure it maintains its annual production of two million-plus tonnes of magnetite concentrate. Meanwhile, a short-lived project to the south is ready to recommence mining once economic conditions improve. Located 60 kilometres southwest of Burnie, Grange Resources Ltd’s (ASX:GRR) Savage River has been subjected to a definitive feasibility study (DFS) into underground extraction below the north pit and its integration with the company’s current open-cut operation. According to the miner this document has revealed some robust financial outcomes.…
Production of battery-grade lithium from waste rock has commenced at a lithium demonstration plant at Rio Tinto’s Boron mine in California, USA. An initial small-scale trial in 2019 successfully proved the process of roasting and leaching waste rock to recover high grades of lithium. Rio Tinto said the demonstration plant is the next step in scaling up a breakthrough lithium production process developed at Boron, to recover the critical mineral and extract additional value out of waste piles from over 90 years of mining at the operation. The demonstration plant has a design capacity of 10 tonnes per year of…
Apollo Minerals Limited has announced its maiden drilling campaign is now underway at the prospective Kroussou zinc-lead project in Gabon. The Kroussou Project comprises the Prospecting License G4-569 which covers 986.5 square kilometres in the Ngounié Province of Western Gabon located approximately 220 kilometres southeast of the capital city of Libreville. The current Phase 1 diamond drill program, which comprises approximately 30 holes for 1,000 metres of diamond drilling, is focused at the high-grade Dikaki Prospect and will also aim to test high-grade rock chips and soils at Bouambo East. This initial program is expected to be completed by May…
Lucapa Diamond Company Limited, Empresa Nacional de Diamantes E.P. (Endiama) and Rosas & Petalas have announced the recovery of the 23rd +100 carat diamond by Sociedade Mineira Do Lulo (SML) from the Lulo alluvial diamond mine located approximately 630 kilometres east of the Angolan capital of Luanda. The 144 carat Type IIa D-colour diamond recovered from Mining Block 08 (MB08), is the sixth +100 carat diamond recovered in 2021 so far and 23rd +100 carat stone recovered at Lulo since exploration and mining operations began. Lucapa’s Managing Director, Stephen Wetherall, said including the first +100 carat recovery from MB46 as…
Newcrest Mining Limited has announced its initial mineral resource estimate for the Red Chris mine in British Columbia, Canada. Red Chris is a gold-copper porphyry deposit located on the northern edge of the Skeena Mountains, approximately 1,700 kilometres north of Vancouver and 18 kilometres southeast of the town of Iskut in British Columbia. The construction of Red Chris was completed in November 2014, with first commercial production from the open pit occurring in July 2015. The mine site is located on 23,142 hectares and consists of 77 mineral tenures, five of which are mining leases. In August 2019, Newcrest acquired…
Anglo American has announced a collaboration agreement to complete a feasibility study to develop a 'hydrogen valley' anchored in the platinum group metals-rich Bushveld geological area in South Africa. Spearheaded by South Africa’s Department of Science and Innovation (DSI), the collaboration agreement also includes energy and services company ENGIE, the South African National Development Institute (SANEDI) and clean energy solutions provider Bambili Energy. The proposed hydrogen valley will stretch approximately 835 kilometres from Anglo American’s Mogalakwena platinum group metals (PGMs) mine near Mokopane in Limpopo province in the north of South Africa, along the industrial and commercial corridor to Johannesburg…
Eagle Mountain Mining Limited has announced assay results from the ongoing drilling program at the company’s 80 per cent owned Oracle Ridge Mine Project in Arizona, USA, have returned the highest grades ever recorded at the project. Assay results from hole WT-21-04 and WT-21-06 have been announced by Eagle Mountain, with results for holes WT-21-05, WT-20-07 and recently completed WT-21-08 still pending. [caption id="attachment_31864" align="aligncenter" width="807"] Figure 2 – Summary map of recent drill holes at Oracle Ridge with highlight of assay results reported in thecurrent announcement in red. Image credit: Eagle Mountain Mining Limited.[/caption] WT-21-04 WT-21-04 was…
African lithium developer, Prospect Resources Ltd has developed a scope of work for an Optimised Feasibility Study (OFS), for a staged development of the Arcadia Lithium Project in Zimbabwe, with the first stage expected to produce 1.2 million tonnes per annum (Mtpa), ramping up to 2.4Mtpa. Perth-based engineering consulting group, Lycopodium Ltd, has been appointed to complete the OFS. Lycopodium will supervise metallurgical testwork, optimise the staged 1.2Mtpa to 2.4Mtpa flowsheet, design the process plant, as well as related infrastructure including site power reticulation and on-site water treatment and distribution. The engineering work during this stage will enable formal quotations…
