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West Australian construction contractor SIMPEC is breaking new ground with the award of a contract to supply, install, test and commission the 25MW diesel power generation facilities for Fortescue Metals Group’s $US1.27B Eliwana iron ore development project in the Pilbara.
The contract, worth about $A5M and awarded by Energy Power Systems Australia, is SIMPEC’s first full vertical installation package...
A Brazilian iron ore start-up, backed by a Kazakh mining company, is in talks with several potential J/V partners to help finance a $US2.6B mine project, its CEO has told Reuters. And it could be in production in the 1st half of 2025.
Bamin, backed by unlisted global mining/metals group Eurasian Resources, is talking to a consortium comprising 3 different Chinese companies, CEO Eduardo Ledsham has confirmed. But he added the...
Billboard - NEW $2.6B BRAZILIAN IRON ORE MINE MOOTED
A Brazilian iron ore start-up, backed by a Kazakh mining company, is in talks with several potential J/V partners to help finance a $US2.6B mine project, its CEO has told Reuters. And it could be in production in the 1st half of 2025.
Bamin, backed by unlisted global mining/metals group Eurasian Resources, is talking to a consortium comprising 3 different Chinese companies, CEO Eduardo Ledsham has confirmed. But he added the...
Explorer/developer Nova Minerals has outlined a maiden circa 2.5Moz inferred JORC gold resource for the Oxide Korbel Prospect within its Estelle Gold Project in Alaska, US, substantially advancing consideration of a 1st-up starter pit for the 5.3Moz exploration target project.
The new independent resource, spanning Blocks A and B, now certainly underpins those contemplations, with the resource open at depth and along strike. Starting...
Barrick Gold has sold its 10.7%, 22.57M share stake in S American explorer Royal Road Minerals for $C4.3M.
The shares went in a pre-arranged trade for 19cps after Barrick increased its holding to 12.5% at 16cps in Jan 2018.
Royal Road’s exploration focus is on copper/gold in Nicaragua and Colombia.
West Australian explorer Norwest Minerals will evaluate low-cost gold processing options including heap leach or a portable processing plant after posting maiden indicated and inferred resource of 65,500oz (2Mt @ 1.03g/t) at its recently acquired Bulgera project.
The JORC –compliant resource, calculated by Hyland Geological and Mining Consultants from extensive historical data at the old mine 200km N of Meekatharra,...
Gt Basin, SW US-focussed Liberty Gold has completed its $C15.84M bought deal raising, primarily to bring on its Black Pine gold project in S Idaho.
A syndicate of underwriters, led by Sprott Capital Partners, has picked up 28.8M shares, including an over-allotment, at $0.55cps.
Black Pine is a large, drill-confirmed, Carlin Style oxide gold discovery where initial 2019 drill results have confirmed 2 high-grade...
Company - Norwest Minerals Limited
Perth-based company holding gold and base metal properties in Western Australia.
Oct 2018: Established via IPO holding exploration assets transferred by parent Australian Mines
Highfield Resources has made the first step in commercialising its planned 1Mtpa Muga potash project in Spain, signing a non-binding offtake MoU with Swiss-based agribusiness Ameropa AG for annual sales of up to 250,000mt muriate of potash.
The agreement covers a combination of standard and modular MOP, with an option to increase it to 300,000mtpa.
CEO Peter Albert says the deal acknowledges the potential of the project 50km SE of Pamplona as an important supplier...
Australian strategic metals developer TNG expects that making a final investment decision on its 100%-owned Mount Peake vanadium-titanium-iron project will become simpler following its switch to a lower production and reduced capital cost development strategy.
MD-CEO Paul Burton said the changes, arising from work undertaken as part of the front-end engineering design work for the Northern Territory project, were expected to improve TNG...