Isa-Carpentaria

Nov 24, 2020
Copper Mountain cashed up to advance Eva project

Copper Mountain cashed up to advance Eva project

Copper Mountain Mining has earmarked almost $5 million to advance the Eva copper project in North West Queensland after a share offering. The company – which owns the Copper Mountain Mine in British Columbia – has entered an agreement in which Industrial Alliance Securities will buy $C15 million (around $AU15.7 million) worth of shares. Copper Mountain Mining said it planned ...

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Nov 17, 2020
Explorer hits ‘jackpot’ with gold-rich discovery

Explorer hits ‘jackpot’ with gold-rich discovery

Transition Resources says it has ‘hit the jackpot’ near Cloncurry, identifying a multi-billion-tonne, gold-rich mineral system in its tenements. Recent drilling confirmed the system was capable of hosting high-grade gold and new economy metals such as tungsten, cobalt, and highly sought-after heavy rare earth elements, Transition Resources founder David Wilson said. He describ...

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Nov 02, 2020
Pybar gears up for Eloise mine contract

Pybar gears up for Eloise mine contract

Pybar Mining Services is recruiting after winning a development contract at the Eloise copper mine about 60km south-east of Cloncurry. The company last week announced the award of a Letter of Intent for development works at the North West Queensland mine for FMR Investments. “We will be working with FMR Investments to execute a mining contract in October and progress to site mobilisat...

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Nov 02, 2020
Ausmex preparing pit for underground mining

Ausmex preparing pit for underground mining

Ausmex Mining Group is continuing a dewatering program at the historical Mount Freda open-cut gold mine as it works towards a planned start to underground mining. Underground operations were expected to commence in early 2021, subject to the completion of resource upgrade work, scoping and cost studies, prefeasibility study and gold price, the company said. In its quarterly update Ausmex sa...

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Oct 30, 2020
Spotlight on Queensland’s critical minerals might

Spotlight on Queensland’s critical minerals might

A raft of Queensland projects targeting critical minerals such as vanadium, graphite and cobalt are being promoted in an Association of Mining and Exploration Companies initiative. AMEC has compiled an investment opportunities document to pique investor and company interests in the critical minerals sector domestically and internationally. The document contains project information for a ra...

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Oct 27, 2020
Centrex maintains Ardmore optimism

Centrex maintains Ardmore optimism

Centrex Metals remains ‘quietly optimistic’ about financing its Ardmore phosphate project, with hopes its timing will dovetail with improved prices, according to executive chairman Graham Chrisp. In the meantime, the company is looking for contractors for a three to four-week mining campaign in the first quarter the next year. It plans to mine 25,000 tonnes to provide material for prosp...

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Oct 26, 2020
Drilling highlights Dugald River growth potential

Drilling highlights Dugald River growth potential

Early results from a near-mine drilling program at MMG Dugald River suggest a wider zinc ore body than originally expected, at relatively shallow depth, the company says. MMG said further detail would be provided as results came to hand, with the potential for it to support mine life extension or the expansion of the operation. Dugald River is targeting zinc production approaching 200,000 t...

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Oct 26, 2020
Alliance partners agree to more work at Hamilton

Alliance partners agree to more work at Hamilton

South32 and AusQuest have agreed to further drilling at the Hamilton copper project, about 120km south of the world-class Cannington silver-lead mine. AusQuest announced today it had completed assessment of assay results from a recent drilling program at Hamilton, which is subject to a StrategicAlliance Agreement (SAA) with South32. It said key parameters (potassic and sericite alteration) ...

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Oct 22, 2020
Glencore signed up for $249m Sandvik deal

Glencore signed up for $249m Sandvik deal

Sandvik has revealed details of a $249 million deal to supply machinery including drills, loaders and trucks for Glencore Queensland Metals operations over six years. A Sandvik DD421 development drill supplied last month was the first piece of equipment under the deal, which covers Glencore’s underground mobile mining equipment and aftermarket parts. Sandvik Mining and Rock Technology glo...

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