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Base metals

Dec 03, 2020
Rockfire turns attention to large tonnage copper target

Rockfire turns attention to large tonnage copper target

Rockfire Resources has started a helicopter-supported aeromagnetic survey at its Copperhead porphyry copper deposit in Central Queensland. It follows a recent drilling campaign at the company’s Plateau gold project, within the Lighthouse tenement area about 50km south-east of Charters Towers. Rockfire described Copperhead as having a 2km by 3km copper-in-soil anomaly, providing a very large&...

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Nov 24, 2020
Copper Mountain cashed up to advance Eva project

Copper Mountain cashed up to advance Eva project

Copper Mountain Mining has earmarked almost $5 million to advance the Eva copper project in North West Queensland after a share offering. The company – which owns the Copper Mountain Mine in British Columbia – has entered an agreement in which Industrial Alliance Securities will buy $C15 million (around $AU15.7 million) worth of shares. Copper… ...

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Nov 24, 2020
Red River locks in renewed offtake deal

Red River locks in renewed offtake deal

Red River Resources has renewed its lead and zinc concentrateofftake agreements and an extended working capital facility with commodities trading group Trafigura. The company owns the Thalanga base metal operations 55km west of Charters Towers, where it has been producing copper, lead and zinc concentrate since September 2017. Red River said the new offtake agreements… ...

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Nov 19, 2020
NT zinc mine wins approval for management plan

NT zinc mine wins approval for management plan

The Northern Territory Government has approved McArthur River mine’s amended Mining Management Plan 2020, clearing the way for continued operations and ongoing employment of about 1000 people. It says the Glencore-owned mine, which has been operating since 1995, is one of the world’s largest zinc resources and will play a key role in supporting Territory… ...

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Nov 06, 2020
Red River into exceptionally high-grade ore at Far West

Red River into exceptionally high-grade ore at Far West

Red River Resources has hit a sweet spot at its Far West underground mine in North Queensland, reporting exceptionally high-grade polymetallic ore. Consistent production from Far West is driving metal production at Red River’s Thalanga operations, with the site achieving record quarterly copper concentrate production last quarter of 4,073 dry metric tonnes. The company said… ...

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Nov 05, 2020
Zenith kicks off Snook drilling campaign

Zenith kicks off Snook drilling campaign

Zenith Minerals has started maiden RC drill testing at the Snook copper prospect in Central Queensland. The target is part of its Develin Creek copper-zinc project, which has an inferred mineral resource 2.57 million tonnes at 1.76 per cent copper, 2.01 per cent zinc, 0.24g/t gold and 9.6g/t silver. Zenith said an initial program of… ...

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Nov 04, 2020
Promising signs in Beauchamp drill campaign

Promising signs in Beauchamp drill campaign

Aeon Metals has reported significant alteration and copper mineralisation being observed in its first diamond drill hole at the Beauchamp Iron-Oxide-Copper-Gold (IOCG) target. The target, about 100km west of Mount Isa, is described as having clear similarities with the geophysical signatures of a number of world-class IOCG deposits including Olympic Dam, Ernest Henry and Carrapateena…. ...

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Nov 02, 2020
Pybar gears up for Eloise mine contract

Pybar gears up for Eloise mine contract

Pybar Mining Services is recruiting after winning a development contract at the Eloise copper mine about 60km south-east of Cloncurry. The company last week announced the award of a Letter of Intent for development works at the North West Queensland mine for FMR Investments. “We will be working with FMR Investments to execute a mining… ...

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Oct 30, 2020
Spotlight on Queensland’s critical minerals might

Spotlight on Queensland’s critical minerals might

A raft of Queensland projects targeting critical minerals such as vanadium, graphite and cobalt are being promoted in an Association of Mining and Exploration Companies initiative. AMEC has compiled an investment opportunities document to pique investor and company interests in the critical minerals sector domestically and internationally. The document contains project information for a range̷...

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