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Base metals

Sep 25, 2020
More time to tweak Walford Creek cobalt process

More time to tweak Walford Creek cobalt process

Aeon Metals has stretched out the timing for its Walford Creek pre-feasibility study to allow further work focused on cobalt extraction. The company said metallurgical and process workstreams were now welladvanced in the PFS for the North-West Queensland copper-cobalt project. The front-end flowsheet design to produce copper, zinc and lead concentrates has proceeded well and… ...

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Sep 24, 2020
Big Australian buys into NT copper

Big Australian buys into NT copper

BHP has teamed up with Encounter Resources in a deal that could see it spend up to $22 million on a Northern Territory copper project. The Big Australian has entered an option agreement with Encounter covering the 4500 sq km Elliott copper project. Elliott was first identified by analysing new datasets generated by Geoscience Australia,… ...

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Sep 24, 2020
Cashed up Minotaur plans northern field work

Cashed up Minotaur plans northern field work

Minotaur Exploration has raised more than $2 million towards projects including its new Pyramid gold asset in North Queensland. It had targeted $1 million in a share purchase plan that closed last week, but received applications of $3.4 million. The company said it acknowledged the strong expression of support by electing to increase the SPP… ...

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Sep 23, 2020
City leaders welcome Glencore deal

City leaders welcome Glencore deal

Mount Isa Mayor Danielle Slade has welcomed news the city’s copper smelter will remain open for the next few years, following an agreement between the Queensland Government and Glencore. “Mount Isa Mines is the backbone of the city’s economy, and the copper smelter is the backbone of Mount Isa Mines,” Cr Slade said. Mount Isa… ...

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Sep 23, 2020
Government lifeline secures copper future

Government lifeline secures copper future

Glencore will continue to run its copper smelter in Mount Isa and refinery in Townsville beyond 2022 after reaching an agreement with the State Government. The company announced today that it would receive a one-off incentive from the State Government and also planned to invest more than $500 million for the continued operation of the… ...

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Sep 21, 2020
Pelican swoops on Qld copper and gold assets

Pelican swoops on Qld copper and gold assets

Pelican Resources has swooped in to snap up exploration company XXXX Gold, which holds a tidy portfolio of copper and gold projects in North and Central Queensland. It comes just a week after settlement on XXXX Gold’s acquisition of the Triumph gold project, 50km south of Gladstone, from Metal Bank for a potential $6.4 million… ...

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Sep 14, 2020
Austral eyes new avenues for Lady Annie future

Austral eyes new avenues for Lady Annie future

Lady Annie owners Austral Resources have their eye to the future with work underway to potentially exploit the operation’s large sulphide ore resource. It comes on top of a new copper mining operation due to commence at their Anthill deposit and planned exploration work in the region.  “We have a further 10-year potential with sulphide… ...

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Sep 11, 2020
Anthill copper mine set to come online in early 2021

Anthill copper mine set to come online in early 2021

Privately-owned Australian company Austral Resources aims to kick off mining at its Anthill copper deposit north of Mount Isa in early 2021, after purchasing it from Chinese-owned CST Minerals last year. The project is set to deliver a real boost to the local employment market and inject much-needed funds into the economy, the new owners… ...

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Sep 08, 2020
New Century backs away from Goro nickel deal

New Century backs away from Goro nickel deal

Century zinc operator New Century Resources has decided against buying into the Goro nickel and cobalt mine in New Caledonia. The company announced today that it had elected not to proceed with a binding offer for the acquisition of 95 per cent of the issued shares in Goro owner Vale Nouvelle-Calédonie. New Century has been… ...

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