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Base metals

Mar 06, 2020
Speciality Metals cashed up to advance tungsten project

Speciality Metals cashed up to advance tungsten project

Speciality Metals International is set to take processing at its Mount Carbine operation to the next level after a share placement raising $4.5 million. The company said the funds would accelerate further development of the retreatment plant at the Far North Queensland tungsten project and pave the way for its x-ray ore sorter to be… ...

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Feb 21, 2020
New Century brings full plant capacity online

New Century brings full plant capacity online

New Century Resources has completed a key processing plant upgrade ahead of schedule and will ramp up its throughput from 9Mtpa to 12Mtpa over the next few months. In addition to the rougher circuit upgrade, the company is bringing a fourth mining cannon online as part of the expansion at the Century zinc operation in… ...

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Jan 31, 2020
Glencore announces IsaMill tweaks and a new model

Glencore announces IsaMill tweaks and a new model

Glencore Technology has revealed new developments in its IsaMill line that cut costs and fill a gap in its range. The fine grinding mill has been redesigned to reduce civil infrastructure costs up to 28 per cent. And a new 1600-2200 kW ‘M7500’ IsaMill has been introduced to sit between the M5000 and the M10000…. ...

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Jan 31, 2020
Another delay for CuDeco creditors

Another delay for CuDeco creditors

Administrators for failed miner CuDeco have been granted another extension on the timing of the second creditors’ meeting. It will now be held in Mount Isa on March 31 rather than February 7. Operations at CuDeco’s Rocklands copper mine at Cloncurry have been suspended since August 2018 and receivers and administrators were appointed last year…. ...

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Jan 23, 2020
Katter calls for CuDeco mining investigation

Katter calls for CuDeco mining investigation

Federal Member for Kennedy Bob Katter is calling for an inquiry into the dealings of failed Rocklands mine owners CuDeco. “We are calling for a forensic investigation and hope for once ASIC will make an effort to be a real watch dog instead of what they are universally recognised as, a lap dog,” the KAP… ...

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Jan 20, 2020
New Century zinc ramp-up on track in 2020

New Century zinc ramp-up on track in 2020

New Century Resources is continuing its march towards becoming a Top 10 global producer, with a seven per cent lift in zinc production last quarter. Focus for the latter part of 2019 was on commissioning and stabilisation of the upgraded scavenger circuit within the processing plant at the company’s Century zinc operation in the lower… ...

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Jan 15, 2020
New Century passes cattle business to Waanyi group

New Century passes cattle business to Waanyi group

Zinc miner New Century Resources has divested its interest in the Lawn Hill and Riversleigh Pastoral Holding Company for $9.8 million. The miner’s 49 per cent stake is being acquired by the Waanyi SPC, current holders of the controlling 51 per cent interest in the business and corporate representative of the Waanyi People. New Century… ...

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Dec 17, 2019
Boost for Walford Creek mineral resource estimate

Boost for Walford Creek mineral resource estimate

Aeon Metals has released updated Mineral Resource estimates for its Walford Creek copper-cobalt Project in North West Queensland. The total resources for the Vardy and Marley deposits now stand at 35.8 million tonnes at 1.94 per cent copper equivalent over 3.6km strike. There is a significant increase to the Amy mineral resources from 1.8 million… ...

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Dec 16, 2019
Cash on the table to move Walford Creek forward

Cash on the table to move Walford Creek forward

Walford Creek copper- cobalt mine proponent Aeon Metals says it has received a raft of funding proposals. It comes as the company prepares to release an updated mineral resource estimate for the project, 350km north-west of Mount Isa, this week. “While the Indicative Funding Proposals remain non-binding, and there is no certainty that funding will… ...

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