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Mining Bulletin

The full story: In-depth news and analysis

HERITAGE LEGISLATION CHANGES TO POSE UNKNOWN CHALLENGES FOR RIO TINTO IRON ORE

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NEW AUSTRALIAN IRON ORE DEVELOPER AIMS TO STRIKE WHILE IRON PRICES REMAIN HOT

Strike Resources aims for the fast-tracked development of its Paulsens East project in Western Australia’s Pilbara region to seize the benefit of high current iron ore prices.
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NEWCREST MINING: $146M TO ADVANCE HAVIERON JV PROJECT

 

Perth, Jan 13

Newcrest Mining is moving forward on a potential 3-year path to commercial production at its 60%-owned Havieron gold-copper project in Western Australia’s highly prospective Paterson province with approval of $A146M funding for early exploration works.
The gold major has moved quickly after receipt of regulator approvals to give the go-ahead to construct a box cut, exploration decline and surface infrastructure including explosives magazine, workshops, administration and evaporation ponds.
Newcrest has established an initial inferred resource of 50Mt @ 2g/t for 3.4Moz gold and 0.31% for 160,000t copper under its JV with Greatland Gold, with mineralisation remaining open in multiple directions.
The company has provided Greatland with $US50M loan facilities for its share of works up to feasibility studies.

NEWCREST EYES 3-YEAR PATH TO HAVIERON COMMERCIAL PRODUCTION -

 

Newcrest Mining Limited

Exchange Code: 
ASX:NCM, TSX:NCM, PNGX:NCM
Website: 
http://www.newcrest.com.au

Melbourne-based international miner, Australia's largest gold producer and one of the world’s top five gold mining companies by production, reserves and market capitalisation.
Oct 2020: Listed on TSX

Greatland Gold plc

Exchange Code: 
AIM:GGP
Website: 
http://www.greatlandgold.com

London-based company focused on targeted exploration for large deposits under cover, with projects in Western Australia and Tasmania

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