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…
On 8 March 2016, General Mining Corporation Ltd, along with its project partner Galaxy Resources Limited, announced the signing of two binding Term Sheets with two China based buyers for the sale of 60kt of spodumene concentrate (USD 600/t) in 2016, and a further 120kt in 2017 (subject to price agreement in the December quarter 2016) from the Mt Cattlin mine in Western Australia. Completed Offtake agreement details The Company is pleased to announce that it has now signed a binding tri‐party offtake agreement with one of the offtake parties, and GMM’s exclusive selling and settlement agent, Tokyo based Mitsubishi…
The re-opening of Central Queensland’s Isaac Plains Mine underlines the solid long-term prospects for the Queensland resources sector. Officially re-opening the mine near Moranbah in central Queensland, Premier Annastacia Palaszczuk said the mining sector was doing it tough, but demand remained strong for Queensland’s resources and expertise. “As the re-opening of Isaac Plains here today in Central Queensland shows, investors still have confidence in Queensland and our resources,” she said. “We have new faces, like Stanmore Coal, and new investors who are calling the bottom of the market, stepping up and creating jobs, like the 150 jobs here at Isaac…
The $1.4 billion Dugald River zinc project has gained special status to help cut red tape and create hundreds of jobs in north Queensland. State Development Minister and Minister for Natural Resources and Mines Dr Anthony Lynham has granted “prescribed project” status to MMG Ltd’s project, 85 km north-east of Mt Isa. “Projects like Dugald River are critical to economic development and job creation in the north-west during these tough times caused by ongoing resource commodity price lows,” Dr Lynham said. “Granting it prescribed project status will allow the Coordinator-General to assist MMG to navigate processes and timely approvals through…
Western Australian State Development Minister Bill Marmion has toured the Roy Hill project, the State's newest - and the nation's biggest - single-pit iron ore mine. "Roy Hill celebrated its first shipment in December 2015, and is now in the process of ramping up to its full production capacity of 55 million tonnes per annum," Mr Marmion said. "At full capacity, five ore trains per day will run between the mine and port facilities at Port Hedland, all controlled via Roy Hill's state-of-the-art remote operations centre in Perth. The Minister said the mine is expected to operate for more than…
Minister for Industry, Resources and Energy, Anthony Roberts, has announced that a billion dollar project in the State’s central west to mine rare metals and rare earths has now passed its final hurdle and will go ahead. “The Environment Protection Authority (EPA) has granted an Environment Protection Licence to Alkane Resources after the company had already been granted a Mining Lease last December after it had met a rigorous government approval process. “Known as the Dubbo Zirconia Project, the mine will produce up to 30,000 tonnes of specialty metals and rare earths per year which are highly sought after to…
Thousands of new jobs in regional Queensland have come a major step closer with approval of the mining leases for the $21.7 billion Carmichael coal mine and rail project in the State’s Galilee Basin. Premier Annastascia Palaszczuk said Minister for State Development and Minister for Natural Resources and Mines Dr Anthony Lynham had today approved the grant of three individual mining leases about 160km north-west of Clermont. “This is a major step forward for this project after extensive government and community scrutiny,” the Premier said. “Some approvals are still required before construction can start, and ultimately committing to the project…
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…
Intra Energy Corporation Limited has completed the first phase of exploration on its Llama Lithium Project located in the prolific James Bay region in Québec, Canada. Multiple large-scale pegmatite dykes have been identified with Lithium-Cesium-Tantalum (LCT) affinities including the presence of the minerals beryl and columbite. The first stage program was undertaken by Dahrouge Geological Consulting (DGC) who has mapped approximately 52 kilometres of ground traverses and collected a total of 83 rock samples with the objective of identifying drill targets. [caption id="" align="aligncenter" width="922"] Map of the Llama project, illustrating the location of the 83 rock samples collected, including…
Argentinian high-grade lithium brine developer, Galan Lithium Limited has announced the results of the Phase 2 definitive feasibility study (DFS) for its Hombre Muerto West (HMW) Project in Catamarca Province, Argentina. The initial phase DFS was based on a production level of 5.37 ktpa lithium carbonate equivalent (LCE) in the form of lithium chloride concentrate. The second phase has increased the overall annual production rate to 20,851 recoverable tonnes LCE, contained in a concentrated lithium chloride product for a period of 40 years. The results and analysis confirm Galan’s belief that the HMW Project is a tier one project in…
Blue Star Helium Limited’s on-site preparation for the Voyager development processing facility is making progress, with the company’s earth works contractor currently working on the site preparation necessary for the IACX helium recovery unit to be deployed at Voyager in Colorado. The site requires a substantial pad and part of the site will also serve as a base of operations for ongoing helium exploration and development. We are pleased to have partnered with a nearby mineral leaseholder and surface owner for the needed base gravel. Additionally, road access work including heavy vehicle upgrades is progressing well. In November 2021, the…
Fortune Minerals Limited and Rio Tinto are collaborating to develop technology that will improve recovery of the critical minerals cobalt and bismuth. Under a Memorandum of Understanding signed between the companies, testing will be done at Rio Tinto Kennecott’s integrated copper mining and smelting operations in Utah and at Fortune’s planned Alberta Refinery. The partnership aims to maximise the value of critical mineral supply chain investments and increase Fortune’s planned cobalt and bismuth refining operations to process co-product streams of the minerals recovered from the Kennecott smelter. In 2020, the Canadian and U.S. governments signed a Joint Action Plan on…
Basin Energy Limited successfully completed a 3D inversion of historical geophysical datasets at its Marshall Uranium Project, situated in the southeastern region of the globally renowned Athabasca Basin in Canada. The analysis has led to the identification of multiple priority anomalies, located both above and below the Athabasca unconformity, present in both the sandstone and basement stratigraphy at Marshall. The company says the recent geophysical analysis has been particularly enlightening, especially considering the limited exploration previously conducted on these tenements. Basin’s Managing Director, Pete Moorhouse, commented: “Basin has continued advancing the Marshall Project through the reprocessing of historic geophysical data…
