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Mount Carbine

Jul 14, 2021
Exploration, mining and processing briefs

Exploration, mining and processing briefs

Updates on Mount Carbine, Bundarra exploration, Mount Chalmers, Thalanga operations and more in this week’s exploration, mining and processing briefs. High-grade results at Mount Chalmers Final assays from the maiden diamond drilling program at Mount Chalmers near Rockhampton have returned outstanding copper, gold and polymetallic results, QMines reports. It comes after DDH1 Drilling completed an&...

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May 25, 2021
EQ Resources appoints team to drive mining plan

EQ Resources appoints team to drive mining plan

EQ Resources has appointed Brisbane-based JukesTodd to lead a bankable feasibility study in what it describes as a major step towards mining at Mount Carbine in Far North Queensland. The feasibility study will assess the potential for an open pit operation prior to going underground to target the significant resource at the historical tungsten mine…. This content is for iQ Industry Queensla...

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Mar 31, 2021
EQ Resources starts Mount Carbine drill program

EQ Resources starts Mount Carbine drill program

EQ Resources has kick-started a feasibility study for expanding production from the Mount Carbine tungsten mine with a drilling program near the site’s historical open pit. Contractor DDH1 Drilling is carrying out the six-hole drill program at the Far North Queensland site. EQ Resources says its geology team is targeting the identification and potential for… This content is for iQ Ind...

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Mar 15, 2021
EQ Resources raises capital for Mount Carbine growth

EQ Resources raises capital for Mount Carbine growth

EQ Resources is raising $6.5 million in a share placement to fast-track the expansion of its Mount Carbine tungsten operations and the site’s underground mine development. It comes after the company last month announced it was making a bid for Northern Australia Infrastructure Facility (NAIF) funding to take its Mount Carbine tungsten operations in Far… This content is for iQ Industry...

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Feb 08, 2021
Tungsten firm on hunt for expansion funds

Tungsten firm on hunt for expansion funds

Mount Carbine tungsten mine owner EQ Resources has engaged Rock Financial Advisory to secure funding to expand the Far North Queensland operation. EQ Resources expects to start approaching commercial and government financiers for debt funding within the next two weeks. EQ Resources, in joint venture with CRONIMET Group, has shipped concentrate to tungsten manufacturers in… This content is f...

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Feb 06, 2021
Look north to turn the tungsten tide

Look north to turn the tungsten tide

Tungsten hit national headlines this week when King Island Scheelite secured a $10 million government loan to redevelop its Dolphin tungsten project in Tasmania, with the move heralded as a chance to break China’s stranglehold on a key commodity. But at the other end of the country, EQ Resources is already exporting tungsten from its… This content is for iQ Industry Queensland, iQ Coal, iQ ...

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Jan 13, 2021
Progress on underground plans at Mount Carbine

Progress on underground plans at Mount Carbine

Mount Carbine owner EQ Resources is advancing preparations to reopen the 430m long historical decline at the Far North Queensland tungsten mine. The company says it has received the green light from the Department of Environment and Science to allow underground sampling and exploration. “This is another positive step towards our aim of being a… This content is for iQ Industry Queensland, iQ...

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Nov 14, 2020
Mount Carbine shortlisted for environmental award

Mount Carbine shortlisted for environmental award

Mount Carbine operator Speciality Metals has been named as a finalist in the environmental category of this year’s Association of Mining and Exploration Companies (AMEC) awards. The company is exploiting a 12-million-tonne waste rock dump from historical mining operations at the Far North Queensland tungsten site and also has a retreatment operation underway, extracting tungsten… This...

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Oct 16, 2020
Speciality Metals in studies for underground mine

Speciality Metals in studies for underground mine

Speciality Metals is re-assaying historical drill core in work towards a potential underground mine at Mount Carbine. And it has started talks with he Department of Natural Resources, Mines and Energy and contractors setting out detailed planning for reopening the decline at the site for further underground testing. A total of 154 intercepts from 43… This content is for iQ Industry Queensla...

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