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World Top 15 zinc producer New Century Resources is another victim of intense rainfall in NW Qld, Australia, suspending production at its Century mine at Lawn Hill until the weather improves and it can restore safe access to the hydaulic mining production areas.
The company says only critical dewatering and maintenance activities are continuing. Operations at the Karumba port are also affected.
There were no safety incidents and...
Australian explorer AR3 has highlighted the potential of its 100%-owned Koppamurra ionic clay project on the SA-Victorian border to become a long-term globally significant supplier after producing a mixed rare earth carbonate containing all the elements needed to produce permanent magnets.
The MREC was produced from an 800kg bulk sample in a pilot-scale operation at ANSTO Minerals using existing equipment and simple processes.
AR3...
Explorer Tesoro Gold has lifted the gold resource by 17% to 1.28Moz (33.7Mt @ 1.18g/t) and established an initial exploration target of 1.6-3Moz (48.5-101Mt @ 0.91-1.45g/t) for the Ternera deposit at its El Zorro project in Chile.
Australian-based Tesoro says the indicated classification has grown from 46% to 63%.
MD Zeff Reeves says the meaningful improvement in size and classification, from a modest amount of drilling,...
Australian miner 29Metals faces up to 3-4 weeks’ suspension of production and non-essential operations at its 100%-owned high-grade Capricorn Copper mine after a significant storm on Tuesday evening exacerbated continuing heavy rainfall in the area 120km N of Mount Isa.
29M expects the latest storm will block road access for an extended period, impacting deliveries of consumables, and has substantially worsened its long-standing issues...
Evion Group has advanced its plans to develop a battery anode material plant in Europe to process a substantial portion of forecast graphite concentrate production from its feasibility-stage Maniry project in southern Madagascar.
A new collaboration agreement with leading US-based developer Urbix Inc will assess the financial, technical and logistical viability of a plant that would supply European electric vehicle and...
West Australian explorer Krakatoa Resources will begin preliminary development and economic studies at its 100%-owned King Tamba critical metals project after posting a maiden mineral resource of 5Mt @ 0.14% rubidium oxide and 0.05% lithium oxide.
The result exceeds its expectations and exploration target for the project 80km NW of Mt Magnet in WA’s Dalgaranga greenstone belt. The mineralisation remains open in all directions.
Krakatoa says King...
Australian explorer Eastern Metals will continue to chase the potential for further resource growth after posting a 28% increase in contained copper equivalent to 89,900t (3.1Mt @ 2.9% CuEq) at its Home of Bullion project in the NT.
The estimate comprises 1.7% Cu, 2% Zn, 35g/t Ag, 1.1% Pb, 0.17ppm Au and 0.02% Co.
Chairman Bob Duffin says there is still further potential at depth, in poorly defined shallow lode targets near the...
Company - Eastern Metals Limited
Sydney-based company holding base and precious metals exploration projects in NSW and the NT, Australia.
Oct 2021: Admitted to ASX following $A6M issue of 30M shares at 20cps
The production of about 70t of spodumene concentrate has marked a milestone in the revival by Sayona Mining of its 75%-owned North American Lithium project in Quebec, Canada.
Sayona says commissioning of the brownfield openpit mining and concentrator operation is closing on its first concentrate shipment in July 2023, on schedule and within budget. Sayona is targeting total production of 85,000-115,000t in the Dec half-year (H1FY24)....
Evolution Energy Minerals expects the formal public signing of framework and shareholder agreements with the Tanzanian government for the ownership, development and management of its 100%-owned Chilalo graphite project this month.
Under the agreements negotiated with the Special Presidential Government Negotiating Team and reviewed by the Attorney General, the proposed 50,000tpa, 18-year development will be undertaken by a JV company...