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Base metals

Jan 21, 2021
New Century approach shaves cost off rehab dues

New Century approach shaves cost off rehab dues

The Queensland Government has agreed to a $14.1 million reduction in the Estimated Rehabilitation Cost (ERC) associated with the Century mining operations in the lower Gulf. Project owner New Century Resources has welcomed the move as recognition of its economic rehabilitation model at the site, where it is reprocessing tailings from previous operations. It said… ...

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Jan 20, 2021
Hammer hails Trafalgar  copper-gold discovery

Hammer hails Trafalgar copper-gold discovery

Hammer Metals has reported broad copper and gold intercepts confirming a new discovery at the previously undrilled Trafalgar prospect within its Mount Isa East Joint Venture tenements. Significant intercepts from two holes drilled in December included 55m grading at 1.12 per cent copper and 0.30g/t gold and 32m grading at 1.04 per cent copper and… ...

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Jan 19, 2021
Castillo turns from NSW assets to focus on Big One

Castillo turns from NSW assets to focus on Big One

Castillo Copper is looking to sharpen its focus on its Mount Oxide project in North West Queensland, with plans to divest its Broken Hill Alliance (BHA) project in New South Wales. The move followed a strategic review, factoring into account the excellentrecent drill results from Big One deposit at Mount Oxide, the company said. It… ...

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Jan 18, 2021
Gulf zinc operation hits production milestone

Gulf zinc operation hits production milestone

New Century Resources is celebrating a major milestone, producing its 500,000th tonne of zinc concentrate since restarting operations at the Century mine site in August 2018. The company also announced that it had executed a zinc price hedging program for the remainder of this financial year, securing contracts to guarantee a floor price of $US1.20/lb… ...

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Jan 11, 2021
Castillo builds confidence in Big One deposit

Castillo builds confidence in Big One deposit

Castillo Copper has released what it describes as ‘game changing’ assay results confirming a major copper discovery at Big One deposit. The latest results significantly extend known mineralisation and clearly confirm there is a high-grade, shallow scalable copper system at the North West Queensland site, the company says. It is accelerating development plans for the… ...

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Jan 04, 2021
What next for Queensland Mining?

What next for Queensland Mining?

The Department of Resources’ Geological Survey of Queensland (GSQ) held a two-day workshop at Mount Isa’s Ibis Hotel last month. The workshop outlined the results of a huge investment in data collection and what it could mean for industry by way of minimising the risk in investing in new mineral developments. The data could be… ...

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Dec 10, 2020
Hammer launches fresh North-West drilling program

Hammer launches fresh North-West drilling program

Hammer Metals is carrying out a 2200m reverse circulation drilling program in the Mount Isa region from this week for the JOGMEC joint venture. Ten holes are planned including follow-up drilling at the Shadow and Toby prospects testing zones of strong magnetic and electromagnetic anomalism. Initial drilling is planned at previously untested zones at Even… ...

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Dec 09, 2020
Centurion in $25m logistics deal with zinc mine

Centurion in $25m logistics deal with zinc mine

Logistics provider Centurion has won a multi-year contract worth about $25 million to provide logistics support for the Century mine in the lower Gulf region and its Karumba port facilities. The services to be provided will include customs clearance, wharf collections of import commodities, warehousing, road transport, airfreight, and courier services. Centurion said a dedicated… ...

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Dec 07, 2020
Copper-zinc rich massive sulphides intersection at CQ prospect

Copper-zinc rich massive sulphides intersection at CQ prospect

Drilling at Zenith Mineral’s Snook prospect in Central Queensland has intersected copper rich sulphides. The maiden seven-hole drill program is part of the company’s Develin Creek volcanic hosted massive sulphide system (VMS) project. The Snook prospect contained similar levels of copper, zinc, lead, silver and gold to those in Zenith’s existing JORC resource inventory 30km to...

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