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…
Lucapa Diamond Company Limited and its partner, the Government of the Kingdom of Lesotho (GoL), have announced the results of the third diamond sale in 2021 from the Mothae kimberlite mine in Lesotho, Southern Africa. The 3,617 carat parcel of rough diamonds was sold for US$420/carat or US$1.5 million (A$2 million or A$543/carat). As per the Diamond Sales and Purchase Agreement with Safdico International [1], Mothae will receive a minimum average cash flow value of US$630/carat for the first 12 months of the agreement. The difference between minimum average cash flow value and the selling price will be recouped by…
Rio Tinto’s ISAL smelter in Iceland has been certified by the Aluminium Stewardship Initiative (ASI) for meeting the highest internationally recognised standards for responsible aluminium production. The ISAL smelter commenced operations in 1969. It now produces approximately 184,000 tonnes of aluminium per year and employs around 500 workers on-site. The smelter recently achieved ASI Performance Standard certification with provisional status, following an independent, third party ‘desk top’ audit by ERM CVS. An on-site audit is expected to be completed following the easing of COVID-19 travel restrictions. Rio Tinto was the first company to offer ASI Aluminium in 2018. The company…
Pan Asia Metals Limited (PAM) has received laboratory assays for the final four holes of a drilling program conducted at the Than Pho West prospect (TPW) within the Khao Soon Tungsten Project (KSTP) in southern Thailand. This concludes the Priority One drilling program at Khao Soon which saw the completion of 19 holes for a total of 1601.5 metres. KSTP is located approximately 600 kilometres south of Bangkok in Nakhon Si Thammarat Province, Southern Thailand. It is one of PAM’s key assets and a significant historical high-grade producer. Modern exploration has discovered potentially world-class, district-scale tungsten mineralisation across numerous prospects.…
ELYSIS has selected Rio Tinto's Alma smelter, located in Quebec in Canada, for the first installation and demonstration of its inert anode technology at a commercial size of 450 kiloamperes (kA), which is a common capacity for modern, full-scale smelters. ELYSIS is a joint venture company, led by Rio Tinto and Alcoa, that is working to commercialise a new technology to make aluminium that eliminates all direct greenhouse gases (GHGs) from the traditional smelting process and instead produces oxygen. As part of its technology development and scale-up, ELYSIS will install industrial inert anode prototype cells at the end of an…
Resolute Mining Limited's Mining Lease for the Bibiani Gold Mine has been restored due to Ghana’s standing as the largest gold producer in Africa and among the top seven producers in the world, and the need to maintain investor confidence globally and in particular maintain Ghana’s reputation as the preferred destination for mining investment in Africa. The Ghanaian Honourable Minister for Lands and Natural Resources, Hon. Samuel A Jinapor, MP has restored the Mining Lease subject to the following: The Company and the holder of the Mining Lease, Mensin Gold Bibiani Limited (MGBL) (a subsidiary of the Company), acknowledge and…
Challenger Exploration Limited has announced results from a series of drillholes from the company’s flagship Hualilan Gold project in San Juan, Argentina. The results are from the first seven holes from a series of 26 completed holes designed to test for extensions to the: High-grade mineralisation in the Magnata Fault at depth and in both directions along strike; The high-grade Magnata Manto both up and down-dip and along strike; and The broad zones of intrusive hosted mineralisation north and south of the Magnata Fault. Given the results, and the visual mineralisation (skarn alteration with sulphides) logged in many of the…
South African focused gold developer, Theta Gold Mines Limited, has announced its Maiden Underground Prefeasibility Study (PFS) for the Beta, Frankfort, and CDM mines, all of which form part of the Central Northern area and now collectively referred to as TGME Underground Project. Chairman of Theta Gold, Bill Guy, said the TGME Underground PFS ‘clearly demonstrates’ that the extensive flat high-grade narrow reef systems of East Transvaal Goldfield can be mined economically, and modern mechanised mining and metallurgy can deliver strong project economics. “Now that the company has generated a PFS for the TGME Underground Project, we can optimise our…
