Take a free trial or Subscribe now

Advanced Search

Mining Bulletin

The full story: In-depth news and analysis

DRILLING POINTS TO MORE NEAR-TERM GROWTH AT SANTANA’S LEADING KIWI PROJECT

Explorer Santana Resources has highlighted significant near-term potential for further resource growth at its 100%-owned Bendigo-Ophir project in New Zealand’s South Island after drilling assays consistently surpassed past average grades at its Rise and Shine deposit.

GLENCORE’S $1.1B SALE OF COBAR MINE HERALDS NEW AUSTRALIAN BASE METALS EMPIRE

Global miner/marketer Glencore has reached binding agreement on the $US1.1B-plus-royalty sale of long-lived Cobar underground copper mine in Australia to special purpose funder Metals Acquisition Corporation.

NEWCREST SEES MORE DECADES AHEAD WITH GO-AHEAD FOR NEW CADIA STAGE DEVELOPMENT

Newcrest Mining has given the go-ahead for the next stage development of its flagship Cadia gold and copper mine in NSW, Australia after completing a feasibility study on its panel cave PC1-2 development.

GASCOYNE RESOURCES’ DALGARANGA A VICTIM OF THE PRESSURES ON WEST AUSTRALIAN MINES

Battling West Australian miner Gascoyne Resources will turn its focus to a financial restructuring and progressing higher-grade exploration assets to support a long-term mining plan after the sudden shutdown of its flagship Dalgaranga mine.

FIREFINCH ABOUT-TURN ON RECAPITALISATION SPELLS DEATH FOR MALI’S ‘GORILLA’ GOLD MINE

Australian-based miner Firefinch has given up on its efforts to recapitalise its 80%-owned Morila gold mine in Mali, almost certainly sending the mine once known as “Morila the Gorilla” into insolvency.

GROWING LINDA PROJECT TARGET HIGHLIGHTS ZINC POTENTIAL AT FLINDERS RANGE

New laboratory assays have doubled the size of the zinc soil anomaly target at critical minerals explorer Stelar Metals’ Linda zinc project in South Australia’s Flinders Ranges, with the scale and DSO grade indicating its potential for economic mineralisation at depth.

FALL OF GROUND AFTERMATH TRIGGERS ADMINISTRATION FOR RED RIVER’S THALANGA MINE

Australian miner Red River Resources has appointed administrators to its Thalanga zinc-copper-lead mine to tackle threats to its solvency due to continuing performance issues following a fall of ground incident nearly three months ago.

MALLEE RESOURCES REACTIVATES AVEBURY NICKEL MINE IN SIX MONTHS

Explorer Mallee Resources has joined the ranks of Australian nickel sulphide producers after making a successful start to the commissioning of the processing plant at its 100%-owned Avebury project in Tasmania.

MINERAL RESOURCES STILL PONDERING STRATEGIC OPTIONS FOR LITHIUM BUSINESS

Australia mining and services company Mineral Resources is continuing to evaluate “strategic options” for its rapidly growing lithium hard rock operations in the Pilbara and Goldfields regions of WA.

CAVALIER LIFTS HOPES FOR LEONORA PROJECT AFTER FIRST DRILL CAMPAIGN

West Australian explorer Cavalier Resources reports encouraging results in recent drilling that targeted extensions to the existing resource area at its 100%-owned Crawford gold project at Leonora.

CANNON RESOURCES PUTS OUT THE JV SHINGLE FOR WA’S COLLURABBIE PROJECT

West Australian explorer Cannon Resources has identified 55 areas of interest including potential targets for shallow geochemistry following analysis of historical geophysical data at its Collurabbie nickel-copper-PGE and gold project.

ELEVATE IDENTIFIES BIG URANIUM TARGET AT NAMIBIA’S KOPPIES PROJECT

Elevate Uranium has raised the potential to add significantly to its maiden 20.3Mlb U3O8 inferred mineral resource at its Koppies project in Namibia with the identification of a mineralised zone extending over 10km and up to 1,000m wide.

MID-2023 TARGET FOR APPROVAL OF HIGH-GRADE FEDERATION DEPOSIT UNDERGROUND MINE

Australian miner Aurelia Minerals has outlined the starting physical and economic picture for the development of an underground mine at its high-grade, low-cost Federation polymetallic deposit in the Cobar Basin of central-western New South Wales.

WA NICKEL EXPLORER ST GEORGE MINING JOINS THE TREND TO FOCUS ON LITHIUM

The first assays of visibly mineralised pegmatite rock samples have validated the potential for significant lithium mineralisation at St George Mining’s Mount Alexander project in the NE Goldfields of Western Australia.

KINGSLAND MINERALS DRILLING BREATHES LIFE BACK INTO CLEO URANIUM PROJECT

Australian explorer Kingsland Minerals has laid the foundation to grow the footprint of the Cleo uranium mineralisation based on initial assay results from its maiden drilling program in the historic Pine Creek mining region in the NT.

EXPLORATION SUCCESSES CARRY BELARAROX TO NEW PHASE IN NSW SEARCH

Australian explorer Belararox is considering the release of a mineral resource estimate next month as it progresses metallurgical testwork on targets at the historical Native Bee mine site, part of its 100%-owned Belara project in NSW.

MAGMATIC RESOURCES' MASSIVE INTERSECTION SHARPENS ITS CORVETTE FOCUS

Australian explorer Magmatic Resources has made an impressive start to its drilling campaign on the Corvette prospect at its Myall licence in NSW, delivering the highest-grade, broadest and deepest mineralised interval. Ross Louthean reports

SAMS CREEK PROJECT EMERGES AS AN UNDERGROUND PLAY FOR SIREN GOLD

Australian explorer Siren Resources is following up the potential for an underground development of Sams Creek, New Zealand's largest undeveloped gold project.

HARMONY GOLD BUILDS COPPER STRATEGY IN $230M AUSTRALIAN PROJECT BUY

South African-based Harmony Gold Mining reached agreement on the $230M acquisition of the Eva copper-gold project from Canadian owner Copper Mountain Mining, diversifying its commodity range and risk profile.

NEW TALISMAN MINES PREPARES TO REACH THE LIGHT AT THE END OF ITS TUNNEL

New Talisman Goldmines holds meetings with a range of industry specialists as it moves into detailed preparations for its strategic plan to produce gold from its NZ mine in 2023.
more

You are here

Home

IGO Limited (Independence Group)

Exchange Code: 
ASX:IGO
Website: 
http://www.igo.com.au

IGO Limited (Independence Group)

Full text is available to Level 2 subscribers only

Subscribe to Mining Business Media

Full access to Mining Business Media's unique blend of global mining sector news and commentary is available by subscription only.

 

$A275.00 per year*

(*up to 10 users)

GST included in Australia

 

Direct debit/cheque/credit card:
Click here

 

 

Subscription inquiries, email subscribe@miningbusiness.net or call 61+413 772 044.

(Privacy Policy)

 

 


 

Related Content

INDEPENDENCE GROUP: NOVA LIFTS Q3 19 PROFIT 6,300%

Post date: 
04/30/2019 - 18:01

An excellent Mar 2019 qtr (Q3 19) performance from Independence Group’s Nova nickel-copper operation has been a little offset by lower production/higher costs from the Tropicana gold project, but still enabling IGO to rack up a 6,300% after tax profit jump on Q2 19 to $A45M.

NOVA LIFTS IGO TO A 6,300% Q3 19 NET PROFIT INCREASE

Post date: 
04/30/2019 - 17:55
Author Name: 
Mark Mentiplay

Increased nickel-copper production at record low costs from IGO’s Nova project have surpassed lower Tropicana gold output for a 6,300% Q3 19 profit jump to $45M. By Mark Mentiplay

ANGLOGOLD ASHANTI: MACMAHON WINS TROPICANA EXPANSION WORK

Post date: 
03/28/2019 - 23:59

Contractor Macmahon will operate both the openpit and underground mines at the Tropicana gold mine in Western Australia following the go-ahead by AngloGold Ashanti for the $US79.3M development of the Boston Shaker deposit with its ore reserve of 317,000oz (2.8Mt @ 3.84g/t).
Macmahon expects to start work in May on the underground mining contract, expected to be worth about $A170M over 5 years.

BOSTON SHAKER UNDERGROUND EXPANSION TO SUSTAIN ANGLOGOLD’S TROPICANA PRODUCTION

Post date: 
03/28/2019 - 23:59
Author Name: 
John Feary

Go-ahead for Tropicana’s first underground development announced after feasibility study backs its potential to leverage further value from the West Australia gold mine. John Feary reports

AUSTRALIAN ALL-TIME 317t GOLD PRODN RECORD

Post date: 
03/04/2019 - 12:19

Australian gold production hit a record 317t for CY18, breaking the record set 21-years ago, with near future output looking good, Surbiton report

INDEPENDENCE GROUP: NEW 1.45Moz TROPICANA GOLD RESOURCE

Post date: 
12/20/2018 - 13:09

The Tropicana gold J/V has outlined a new 1.45Moz underground resource at its Western Australia operation to be integrated into the current open pit mining plan.
The PFS has confirmed the technical feasibility/potential viability of a $A95M capex mine beneath the Boston Shaker pits delivering producing 100,000oz pa over a 7-year LoM based on current indicated/inferred resources of 10.6Mt at 4.2g/t.

SURBITON ASSOC: AUSSIE GOLD PRODN REMAINS AT RECORD LEVELS DESPITE Q3 18 EASING

Post date: 
11/26/2018 - 11:44

Australian gold mine production for the Sept 2018 qtr eased just a few thousand ounces on the previous qtr to 81t, but 6t more than in the Sept 2017 qtr.
Mining consultants Surbiton Associates’ review says Australian gold production is now comfortably more than 300tpa and worth around $A16B pa in exports, maintaining its place as the world’s 2nd largest producer after China, which produced around 440t last year.

AUSSIE GOLD Q3 18 PRODN EASES, BUT STILL AT RECORD FY LEVELS

Post date: 
11/26/2018 - 11:33

Despite Australian gold production easing a few thousand ounces in Q3 CY18, output remains at record levels and set to top 300t in CY18

RUMOUR MILLS SPARK ENTHUSIASM FOR POTENTIAL COPPER BOOM IN WA’S PILBARA REGION

Post date: 
11/13/2018 - 13:29
Author Name: 
MBM Correspondent

(EXPLORATION)
After generations as the major source of iron ore for the global seaborne trade and last year’s excitement about a rush for conglomerate-hosted gold mineralisation, now the Pilbara region of Western Australia is generating more excitement over its potential for major copper discoveries. And it may be based to some extent on unconfirmed rumours.

MINER, CONTRACTOR TEAM UP TO SEEK TECHNOLOGY BREAKTHROUGHS AT AUSTRALIA’S NOVA MINE

Post date: 
10/25/2018 - 09:27
Author Name: 
John Feary

(CONTRACTING)
The award of an extended mining services contract to Barminco at Independence Group’s Nova mine comes with agreement for a collaborative drive for new technological measures to deliver underground mining safety and productivity improvements. John Feary reports

Pages

Mining Billboard

Insights and analysis from leading industry commentators

US GOVERNMENT BACKS IONEER PROJECT AS KEY TO CRITICAL MINERALS SUPPLY SECURITY

(DEVELOPMENT) The US government has recognised the potential value of Ioneer’s Rhyolite Ridge lithium-boron project in Nevada to the national push for security of critical minerals supply with the offer of a $700M development loan.

SAUDI MINING GIANT SEEKS MORE GROWTH THROUGH INTERNATIONAL PARTNERSHIPS

(EXPLORATION) Saudi Arabia’s majority government-owned mining company Ma’aden has unveiled three new initiatives using partnerships with international miners and the nation’s massive investment capacity to advance a new phase of domestic and international growth.

GLOBAL COAL USE REACHING ALL-TIME HIGH ... BUT INDUSTRY TRENDS POINT TO RAPID DECLINE

(COMMENTARY) The global use of coal for electricity generation will hit record levels this year, but lack of new investment in export-driven coal projects supports the expectation that peak coal has been reached and will rapidly decline in the face of global pressure on fossil fuels.

THE YOUNG AUSTRALIANS WHO WON A HUMAN RIGHTS CASE AGAINST AN ENORMOUS COAL MINE

(COMMENTARY) A Queensland special court has made legal history by recommending refusal of a coal mine development on climate change grounds, in the first case in Australia that links human rights and climate change.

AUSTRALIAN COURT SETS NEW ‘RIGHTS’ STANDARD TO BLOCK PALMER'S THERMAL COAL MINE

(ENVIRONMENTAL) Australian natural resources court adopts climate change and human rights arguments to oppose giant thermal coal mine development.

ABB ENLISTS PERENTI FOR MINING ELECTRIFICATION PUSH TOWARDS NET ZERO EMISSIONS

(SUSTAINABILITY) Global power and automation technology company ABB has added mining services group Perenti to its list of partnerships aiming to promote electrification of mine haulage operations and other decarbonisation strategies for the resources sector.
more

Mining Brokers

START THE WEEK: COMMODITIES (January 29, 2023)

    START THE WEEK: CALENDAR (January 30, 2023)

      START THE WEEK: COMMODITIES (January 22, 2023)

        START THE WEEK: CALENDAR (January 23, 2023)

          START THE WEEK: COMMODITIES (January 15, 2023)

            more