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.…
Ardea Resources Limited has partnered with Sumitomo Metal Mining Co., Ltd (SMM) and Mitsubishi Corporation (MC) to form a 50:50 incorporated joint venture named Kalgoorlie Nickel Pty Ltd (KNPL) for the development of the Kalgoorlie Nickel Project (KNP) - Goongarrie Hub in Western Australia. Under the terms of the Cooperation Agreement, the Consortium, Ardea, and KNPL will jointly fund and conduct the Definitive Feasibility Study (DFS), with the Consortium funding 100 per cent of the DFS costs up to the agreed budget of approximately $98.5 million. Additionally, the Consortium will assist KNPL in optimising debt financing to earn an ultimate…
Northern Minerals Limited (NTU), a key player in heavy rare earth (HRE) exploration and development, has announced the reception of high-grade assay results from ongoing mineral resource definition drilling at the Wolverine deposit within the Browns Range Project in Western Australia. The latest assay results validate the presence of wide and high-grade mineralised intervals across the Wolverine deposit, which remains open at depth. Notable new intercepts include 15.6 metres at 9.99 per cent Total Rare Earth Oxides (TREO) from a depth of 428.20 metres, alongside other substantial intercepts that highlight consistent mineralisation throughout the targeted areas. The primary objective of…
Aurumin Limited (AUN) has expanded its flagship Sandstone Gold Operations with the acquisition of five new exploration tenements. This addition reinforces Aurumin’s presence in the prolific Youanmi Terrane, located 520 kilometres northeast of Perth, as part of the company's 100 per cent owned 946 koz Au Central Sandstone Project. The newly acquired tenements, spanning an additional 60 square kilometres, include historical workings and well-defined mineralisation trends, which are key to Aurumin's ongoing development strategy. These tenements are poised to enhance the company's exploration capabilities and drive significant value for stakeholders. Aurumin Managing Director Brad Valiukas stated: “After repositioning the company…
Aurumin Limited (ASX: AUN) has completed drilling at its 100 per cent owned Central Sandstone Project, located 520 kilometres northeast of Perth. The project is part of Aurumin's Sandstone Operations, which also include the Birrigrin and Johnson Range Projects, boasting a total resource of 946koz Au. The drilling campaign, conducted with Reverse Circulation (RC) methods, comprised 38 holes and 3888 metres drilled. The primary objectives of the drilling were to test seven new open pit targets and to investigate extensions at two existing open pit resources. The drilling targeted multiple depositional models and styles, including porphyry/intrusive hosted vein style, banded…
Intra Energy Corporation Limited (IEC), an environmentally responsible mining and energy group, has announced compelling lithium, tantalum, niobium, caesium, and tin assays from rock chip sampling at the Maggie Hays Hill (MHH) project. These results significantly enhance the project's lithium prospectivity and validate IEC's exploration strategy. The latest round of sampling, conducted over the most prospective section of outcropping pegmatites, revealed averaged lithium assays of 503 ppm, indicating the presence of lithium-rich pegmatites. Additionally, encouraging caesium and tantalum values, with average assays of 139 ppm and 107 ppm respectively, suggest the potential for multiple mineralisation targets. These findings, along with…
WA Regional Development Minister Don Punch recently revealed a cutting-edge robotic welding assistant at MAS Equipment's West Kalgoorlie workshop. The innovative 'Cobot,' supported by the Regional Economic Development (RED) Grant program, is set to revolutionise the business's capacity to service the mining industry in the Goldfields while enhancing safety, productivity, and job opportunities. The 'Cobot' is designed to perform a variety of welding tasks with precision and efficiency, ensuring high-quality manufacturing and production for clients. This new technology will not only increase MAS Equipment's competitiveness in the industry but also contribute to the upskilling of workers, making the mining sector…
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…
