Aurumin Limited (ASX: AUN) has initiated a significant drilling campaign at its Central Sandstone Project in Western Australia. This project, which is wholly owned by Aurumin, represents a crucial step forward in the exploration and development of its Sandstone Operations. The Central Sandstone Project is located 520 kilometres northeast of Perth and boasts an impressive 881,000 ounces of gold (Au), contributing to the company's total resource of 946,000 ounces of gold across its Sandstone Operations, which also include the Birrigrin and Johnson Range projects. The ambitious drilling program aims to test up to nine new open pit targets, with plans to…
Gold Road Resources Limited (ASX: GOR), a gold production and exploration company, has issued a production update in response to significant rainfall affecting operations at the Gruyere gold mine — located in Western Australia's north-eastern Goldfields. The Gruyere gold mine is a joint venture (JV) between Gold Road Resources and Gold Fields (JSE: GFI), with each holding a 50 per cent interest. Gold Fields manages and operates the mine, while Gold Road Resources maintains a significant investment portfolio. Following substantial and prolonged rainfall in early March, the region experienced further significant and atypical rainfall in the second half of the…
Litchfield Minerals Limited (ASX: LMS), a critical mineral explorer, has discovered new copper-tungsten targets at its Wolfram Hill Prospect within the Mount Doreen Exploration Licence (EL 31305) in the Northern Territory. This discovery, resulting from comprehensive Induced Polarisation (IP) surveys conducted in March 2024, marks a major milestone in the exploration of this site. The recent IP survey has identified two large and highly promising chargeability targets located to the north and south of the existing mineralised zones. These findings suggest the potential for substantial extensions of the known mineralised reef at depth and along the strike to both the…
Intra Energy Corporation Limited (ASX: IEC) has announced the discovery of significant lithium anomalies at its Maggie Hays Hill (MHH) project in Western Australia's Lake Johnston Greenstone Belt. This discovery places the company at the forefront of lithium exploration, with the potential to impact the global lithium supply chain. A recent soil sampling program revealed two major lithium anomalies, with the primary anomaly stretching over 2,500 metres in length and 300 metres in width. The secondary anomaly measures 1,300 metres by 300 metres. These anomalies are notable for their high lithium values, reaching up to 248ppm Li2O, and are associated with tantalum and caesium, elements indicative of highly prospective…
Ora Gold Limited (ASX: OAU) has announced promising initial assay results from its 2024 RC drilling program at the Crown Prince Prospect within the Garden Gully Gold Project in Western Australia. The results, particularly from the Southeastern Zone (SEZ), highlight significant high-grade gold mineralisation, marking a significant step forward in the exploration of this key growth area. The drilling campaign, initiated in early February 2024, has yielded encouraging results, including an exceptional intercept from drill hole OGGRC662 — 15 metres at 9.91g/t Au from 88 metres, with a higher-grade section of two metres at 54.17g/t Au from 100 metres. Other…
St George Mining Limited (ASX:SGQ) has announced significant developments in its exploration efforts at the Myuna Rocks Project in Western Australia's Ravensthorpe region. The project, owned by Lithium Star Pty Ltd (a joint venture between St George Mining and Amperex Technology Limited), has seen its tenure double in scale, now spanning 546 square kilometres. The newly granted Exploration Licences E74/789 and E74/790 have expanded the project's area, with the land package extending over 50 kilometres north-west along a regional greenstone corridor, starting just five kilometres north of the Mt Cattlin Lithium Mine. This corridor hosts active explorers such as Fortescue,…
The Australian government has recently announced a significant investment of up to $840 million in the Arafura rare earths project and a $230 million loan for Liontown Resources. These investments are part of the government's efforts to boost critical minerals projects and strengthen Australia's position in ethical and sustainable manufacturing of rare earths. The investment in the Arafura rare earths project aims to support the development of the Nolans Project, a rare earth mine located north of Alice Springs. The funding package includes $495 million from the Critical Minerals Facility, $200 million from the Northern Australia Infrastructure Facility (NAIF), $115…
Newcrest Mining Limited has entered into an agreement with Roxgold Inc. for the sale of its Séguéla gold project and its portfolio of regional exploration tenements in the West African country of Côte d’Ivoire. Under the sale of the new agreement, Roxgold will pay Newcrest upfront consideration of AUD $14 million cash on completion. Roxgold has also agreed to a deferred payment of AUD $7 million cash contingent on first gold production from the portfolio. Highlights of the transaction: Prospective exploration permits covering 3,298 square kilometres in the mining jurisdiction of Côte d'Ivoire with significant scope to build upon existing…
Neometals Ltd has successfully commissioned the first stage of its lithium-ion battery recycling pilot plant (Pilot) in Canada. Despite worldwide regulation constantly tightening, it is estimated that only approximately 5 per cent of lithium-ion batteries are recycled across the globe. Increasing regulations coupled with developing corporate requirements for ethical sourcing and disposal of lithium-ion batteries have created an opportunity for Neometals to recover critical/non-renewable resources while reducing the environmental impacts usually associated with battery disposal. To capture this opportunity, Neometals developed a process flowsheet to recover over 90 per cent of all battery materials (in addition to recycling water and…
The world's first and China's largest battery energy storage system (BESS) multi-mixed energy power station was recently completed and integrates wind (400MW), photovoltaic (200MW), concentrated solar power (50MW), and an energy storage system (ESS) (100MWh) into one system on the grid. The first of its kind in China, the station coordinates three different renewables, with fluctuating sources of energy and is required to respond consistently to fluctuating demand, making its batteries and battery management system crucial to the reliability of the system. Contemporary Amperex Technology Co., Limited (CATL), a China-based manufacturer of lithium-ion batteries overcame the requirements during product design…
Australian-based industrial minerals and technology company, Syrah Resources Limited has commenced commercial production at the Balama Graphite Operation in Mozambique. The Balama mine in Mozambique is a high grade (17 per cent), long life (50 years) asset and is considered to be one of the largest graphite mines in the world. Operations at Balama commenced at the start of 2018 with Syrah ramping up production to nameplate capacity of 350 kilotonnes (kt) per annum. The company expects natural graphite production to reach 33 kt in Q4, to a full year natural graphite production of 104 kt. Syrah achieved average graphite…
Perth-based Lucapa Diamond Company Limited has announced an international competitive process for the sale of diamonds from the Lulo mine in Angola – closing on 31 January 2019. Lucapa’s Lulo Diamond Project is located approximately 630 kilometres east of the Angolan capital of Luanda and is the highest US$ per carat alluvial diamond production in the world. The Lulo Diamond Mine has produced 11 +100 carat diamonds in the past, including Angola’s two biggest recorded diamonds which weighed 404 carats and 227 carats. The sale is set to mark a significant milestone for the Angolan diamond mining industry, as the…
On Tuesday 11 December, Newcrest Mining Limited and Joint Venture Partner Harmony Gold Mining Company Limited signed a Memorandum of Understanding (MOU) with the Independent State of Papua New Guinea (PNG) as a confirmation to proceed with the Wafi-Golpu project. The MOU establishes a framework for the parties to progress with the project as quickly as possible in accordance with applicable regulatory processes and provides a framework of key terms to be included in the Mining Development Contract and other related agreements with the State. The MOU also re-affirms the parties’ intent to complete the permitting process and achieve grant…
ASX-Listed metals explorer, Symbol Mining Limited, has announced that its maiden shipment of 250 tonnes of Direct Shipping Ore (DSO) of zinc concentrate from the Macy Mine in Nigeria is locked and loaded for transport. The 250-tonne shipment consists of 10 containers that will be transported by truck to Lagos Port for export to China and is expected to depart in early December 2018. The first shipment represents a great achievement for the Symbol and Imperial Joint Venture team, who proved that they could deliver the Macy Mine project in a short start-up period, just five months after the commencement of…
