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Base metals

Sep 07, 2020
Hammer Metals buoyed by early drill results

Hammer Metals buoyed by early drill results

Hammer Metals has reported broad intersections of copper and associated gold at the Shadow prospect at its Mount Isa East joint venture. The results stem from a diamond drilling program undertaken on the Shadow and Toby prospects located within that area and on the Koppany prospect that is part of Hammer’s joint venture with Mount… ...

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Sep 01, 2020
An origin battle that has been waged over decades

An origin battle that has been waged over decades

A cold war of ideas centred on the possible origins of one of the world’s richest base metals deposits is entering into its fourth decade with fresh troops carrying the standard into battle. The point of contention is simple enough. How did the Mount Isa deposit form? At issue are the assumptions drawn to mine… ...

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Sep 01, 2020
IGO selling out of New Century Resources

IGO selling out of New Century Resources

Perth-based mining company IGO Limited is offloading its 18.4 per cent stake in Queensland zinc producer New Century Resources. It comes just months after IGO Limited invested in New Century and entered a strategic relationship for the companies to assess opportunities within the Century zinc operation tenements and other mining assets. Those opportunities have included… ...

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Aug 31, 2020
Depco Drilling in Mount Oxide agreement

Depco Drilling in Mount Oxide agreement

Castillo Copper has selected Depco Drilling as the lead contractor for the upcoming reverse cycle and diamond drill campaigns at the Big One deposit and Arya prospect within the Mount Oxide project. Castillo said the drilling company had agreed to accept a material proportion of their fees in shares, with a six-month voluntary escrow period…. ...

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Aug 31, 2020
Glencore copper smelter announcement looms

Glencore copper smelter announcement looms

An announcement is expected within six weeks regarding the future of Glencore’s Mount Isa copper smelter and Townsville copper refinery. Glencore Queensland Metals chief operating officer Matt O’Neill said the company was in the final stages of reviewing the business case for the facilities. The Australian Workers’ Union and Mount Isa Mayor Danielle Slade recently… ...

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Aug 31, 2020
Milestone for Mount Isa’s Black Rock Cave project

Milestone for Mount Isa’s Black Rock Cave project

The first production ore from the Black Rock Cave project at Mount Isa Mines has come online more than two years after the underground mine development began. The ore body is expected to yield about 1.8 million tonnes of copper ore from 2020 to 2024. General manager Mount Isa mining Simon Pope said ore from… ...

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Aug 28, 2020
New loaders in George Fisher automation drive

New loaders in George Fisher automation drive

Six Sandvik LH517i’s are being introduced at George Fisher Mine in Mount Isa as part of an automation project. The Glencore-owned mine welcomed the first three new underground loaders in June, according to the company’s Resourceful news bulletin. The company says the transformative automation project is designed to improve safety, and increase efficiency and productivity…. ...

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Aug 27, 2020
New copper project coming online in North West

New copper project coming online in North West

Lady Annie mine owner Austral Resources is seeking a mining contractor for its Anthill copper project north of Mount Isa. Anthill sits within the Lady Annie project and is 43km from the existing heap leach pad and SX/EW (solvent extraction and electro-winning) plant. Austral’s website states that a mining study conducted by CSA Global in 2020… ...

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Aug 20, 2020
Cannington production on an upward trajectory

Cannington production on an upward trajectory

South32 has lifted its production forecasts for Cannington this financial year as underground mining hits higher grades and the mill continues to perform well. The guidance has lifted 10 per cent for payable zinc equivalent production in 2020/21, taking the expected output to 11.8Moz silver, 113.9kt for lead and 60.7kt for zinc. The North-West Queensland… ...

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