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Base metals

Apr 16, 2021
Copper Dome survey reveals positive results

Copper Dome survey reveals positive results

A recent geophysical survey has proven to be good news for Rockfire Resources and its Copper Dome project in Central Queensland. The company said the helicopter survey had returned a much larger target than previously thought at the porphyry copper project. Rockfire Resources said the revised target, based on the new survey information, had increased… ...

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Apr 16, 2021
Aeon about-face on Walford Creek processing

Aeon about-face on Walford Creek processing

Aeon Metals has dumped its previous processing strategy for Walford Creek, sending prefeasibility work for the copper-cobalt mine on a new trajectory. It comes after an independent review of the key metallurgical elements of the Walford Creek prefeasibility study (PFS), initiated by interim chief executive officer and managing director Fred Hess. Dr Hess, previously a… ...

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Apr 12, 2021
Ausmex sinks its fangs into King Brown copper-cobalt find

Ausmex sinks its fangs into King Brown copper-cobalt find

Ausmex Mining Group is ramping up exploration efforts around the King Brown outcrop after costean samples producing high-grade copper and cobalt results. It is only through delays in gaining the mining lease for the nearby Golden Mile gold project outside Cloncurry that the company turned its attention to exploring the King Brown area. Ausmex geologists… ...

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Apr 12, 2021
Hi-ho Silver! New Century drilling yields ‘stunning’ results

Hi-ho Silver! New Century drilling yields ‘stunning’ results

New Century Resources has announced ‘stunning’ high-grade assays from the first seven holes of a 30-hole drilling program at the Silver King deposit within its Century mining lease. They include an intersection of 9.5m grading at 45.5 per cent lead, 4.1 per cent zinc and 425g/t silver from 174.4m. New Century sees Silver King shaping… ...

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Apr 07, 2021
Hammer Metals footage showcases Trafalgar find

Hammer Metals footage showcases Trafalgar find

Hammer Metals has released a video providing an overview of its recent Trafalgar copper-gold discovery and the surrounding trends in North-West Queensland.  In an area littered with historical workings, the company has reported broad copper and gold intercepts. Significant intercepts from two holes drilled in December included 55m grading at 1.12 per cent copper and… ...

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Apr 07, 2021
Castillo ready to hit Mount Oxide ground again

Castillo ready to hit Mount Oxide ground again

Castillo Copper’s geology team is planning to resume Mount Oxide project exploration with a geophysical survey to be carried out at the Big One deposit within the next few weeks. The company said a drilling team would complete a campaign at the Big One deposit once those results were known, before moving to the Arya… ...

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Apr 06, 2021
Cyclone kick-starts leach trials for Lady Ethleen ore

Cyclone kick-starts leach trials for Lady Ethleen ore

Cyclone Metals has completed a drilling campaign at its Lady Ethleen copper project to provide samples for Glyleach testwork at the MPS facility in Perth. Cyclone – formerly Cape Lambert Resources – plans to use the North West Queensland site as a demonstration deposit to advance the environmentally friendly alkaline leach processing solution. The company… ...

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Apr 06, 2021
Rosy outlook for Australian copper earnings

Rosy outlook for Australian copper earnings

Recent record-high prices have seen the Office of the Chief Economist revise up Australia’s expected copper export earnings by $2 billion for this financial year. Copper export earnings are forecast to reach $12 billion in 2020–21, 18 per cent higher than the previous year, as prices surge. The post-COVID global economic recovery and rising investment… ...

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Mar 31, 2021
Copper Mountain announces $US250m secured bond issue

Copper Mountain announces $US250m secured bond issue

Copper Mountain Mining has successfully priced $US250 million in senior secured bonds in the Nordic bond market as it moves towards a development decision on North-West Queensland’s Eva copper project this year. The company said the proceeds would go towards refinancing its existing debt and funding its internal growth projects at the Copper Mountain mine in… ...

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