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… ...
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,… ...
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… ...
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… ...
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… ...
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… ...
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… ...
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… ...
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… ...
e-News Bulletins
