fbpx

Base metals

Feb 23, 2021
Zenith delves deeper at Red Mountain

Zenith delves deeper at Red Mountain

Zenith Minerals has started a follow-up drill program to a depth of 400m at its Red Mountain gold project in Central Queensland. It comes after the company intersected high-grade near-surface gold in the maiden and subsequent drill programs last year. The results last year included 13m grading at 8g/t gold and 3.2g/t silver, and 15m at 3.5g/t gold including 2m grading at 22.4g/t gold. “S...

Read More
Feb 08, 2021
Report questions McArthur River impact

Report questions McArthur River impact

A new report on McArthur River Mine says sacred Indigenous sites and an important river system face irreversible damage if operations continue unabated. It highlights issues including acid build-up in waste rock that was misclassified as harmless and seepage from a tailings dam into groundwater and nearby creeks. UNSW engineering associate professor Fiona Johnson, one of the report’s contri...

Read More
Jan 29, 2021
Capricorn Copper invests in future as site ramps up

Capricorn Copper invests in future as site ramps up

Capricorn Copper has achieved production gains of about 10 per cent in the past six months as the operation ramps up to a target output of 30,000 tonnes of copper in concentrate per annum. The North West Queensland mine also installed significant pumping infrastructure recently and is working with key stakeholders on an updated tailings strategy to support the extended mine life. Capricorn ...

Read More
Jan 25, 2021
New Century sizes up Silver King for potential mine

New Century sizes up Silver King for potential mine

New Century Resources has launched a drilling program at the high-grade Silver King deposit as it weighs up future mining opportunities at the Century site. The Silver King lead-zinc-silver deposit is 3km west of the existing Century processing plant and, along with the East Fault Block, is the subject of a development study. New Century said there was potential for near-term development of...

Read More
Jan 21, 2021
Tartana in deal to add Newcrest project to its assets

Tartana in deal to add Newcrest project to its assets

Tartana Resources is snapping up a raft of Newcrest Mining tenements as it builds its presence in the Chillagoe area. The company, which is working towards a restart of the former Tartana copper sulphate plant, has negotiated a sale and purchase agreement with Newcrest for the Bulimba project. Tartana says the EPMS cover more than 1250sq km and would place it as one of the more significant ...

Read More
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 is considering divestment opportunities including a possibl...

Read More
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 $US1.20/lb ($US2,645/t) for all sales in the March q...

Read More
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 deposit, wit...

Read More
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 Steven South,Trafalgar, Charlie, Alp...

Read More
Menu