The approval of a new $1 billion rare earth and metals mine in Dubbo is great news for the region, the state and national economies, and the New South Wales minerals sector, says Australia’s resource industry employer group, AMMA. “AMMA welcomes New South Wales granting an environment protection licence to Alkane Resources, in what was the final regulatory hurdle after a decade long process for the Dubbo Zirconia Project,” says AMMA executive director, policy and public affairs, Scott Barklamb. “Following construction which will create 450 jobs, this project will produce 30,000 tonnes of rare metals and rare earths annually and…
Decmil Group Limited was recently awarded a $30.6m contract with BHP Billiton Iron Ore to design and construct a warehouse hub at Kingsford Business Park, Port Hedland, Western Australia. The facility will consist of a 12,000m2 warehouse and 35,000m2 sealed hard standing area. Construction is expected to commence in May 2016 and adds to Decmil’s long history of providing non process infrastructure to the West Australian mining sector.
Gold Road Resources Limited has completed the Pre‐Feasibility Study (PFS) for the development of its 5.62 million ounce5 (Moz) Gruyere Project, located 200 kilometres east of Laverton in Western Australia. The completion of the PFS included detailed economic analysis and further technical work building on the findings of the first stage Options Study which determined that the best go‐forward case was a large‐scale open‐pit mine utilising a conventional 7.5 Mtpa SAG/Ball Mill Circuit gravity/carbon‐in‐leach processing facility, powered by a pipeline‐supplied, gas‐fired power generation plant. The full PFS confirms the Project as one of Australia’s best undeveloped gold deposits and indicates…
Doray Minerals Limited has successfully achieved another milestone in its plans to become a multi-mine high-grade gold producer with the recent commencement of open pit mining at the Company’s Deflector Gold Project. Doray’s open pit contractor, MACA Ltd recently completed the first blast in the Deflector open pit and has commenced open pit mining operations during February, as forecast. Doray’s Managing Director, Allan Kelly, said the commencement of open pit mining represented another significant milestone in the rapid development of the Deflector Project and came less than a year after completing the takeover of Mutiny Gold in March 2015. “We…
The Department of Environment and Heritage Protection issued a final environmental authority (EA) for Adani’s Carmichael Mine project on 2 February 2016 with approximately 140 conditions, including 9 conditions relating to the black throated finch as required by the Land Court. The EA application was vigorously assessed by EHP and acted on recommendations made by the Land Court. EHP is confident the strict conditions placed on the EA, including extra requirements based on the Land Court’s recommendations, will ensure this mine will not pose an unacceptable risk to the environment and any potential impacts will be closely monitored. The project…
One of Victoria’s most productive gold mines, Fosterville Gold Mine near Bendigo, has reached a major milestone by extracting its millionth ounce of gold from the current operation. Minister for Energy and Resources Lily D’Ambrosio joined the mine’s operator, Newmarket Gold Inc, to unveil a plaque on site of the Fosterville Gold Mine to celebrate the achievement. At today’s prices, a million ounces of gold is worth approximately $1.6 billion. Fosterville Gold Mine employs 400 people and boosts the local economy by $90 million a year through wages and sourcing goods and services regionally. The Fosterville mining operation is also…
Leading mining and civil construction firm BGC Contracting Pty Ltd has been awarded a five-year contract extension with Cliff Natural Resources at its Koolyanobbing Iron Ore Project in Western Australia. The current mining contract, previously due to be completed in 2017, will be extended through to 2022, and is valued at more than $520 million. Under the contract, BGC Contracting will continue to provide the full range of mining services, including drilling, blasting, loading, hauling, dumping, crushing, screening and train load-out. BGC Contracting CEO Greg Heylen said the contract extension was recognition of the Koolyanobbing team’s ability to meet Cliffs’…
Oar Resources Limited (ASX: OAR), an exploration and development company focused on battery and critical minerals, has reported significant progress in its global expansion and financial performance for the first quarter ending 31 March 2024. The company has signed a binding agreement to acquire 100 per cent interest in two Exclusive Prospecting Licences (EPL) located in Namibia's Erongo Region, a well-known uranium mining jurisdiction. This move positions Oar in a major uranium-producing region, enhancing its portfolio with valuable uranium prospects. In Brazil, Oar has expanded its presence by securing pegging applications for uranium and rare earth element (REE) prospects in…
Alderan Resources Limited (AL8) is gearing up for a Stage 1 diamond drilling program at the New Years prospect, part of its Frisco copper-gold project in Utah, USA. The program, scheduled to commence in June 2024, will consist of four holes totalling 540 metres, with an additional six holes (1,500 metres) planned for Stage 2 pending the results of the initial drilling. The company has also begun soil sampling over the composite New Years magnetic anomaly to extend coverage from the 1960s, with grades up to 0.31% Cu. The anomaly, double the size of the Cactus anomaly, forms part of…
Pantera Minerals Limited (PFE), a key player in the exploration and development of lithium resources, is poised to capitalise on the growing demand for lithium in the United States. The surge in demand, driven by the increasing adoption of electric vehicles (EVs) and renewable energy storage solutions, presents a significant opportunity for Pantera. A recent article by Fastmarkets highlighted the critical role of lithium in the green energy revolution. As the US transitions to a cleaner energy future, lithium-ion batteries are becoming essential for powering EVs, grid-scale energy storage systems, and other applications. Fastmarkets forecasts a substantial growth in US…
Critical mineral explorer, Litchfield Minerals Limited (ASX: LMS), has announced the discovery of several new chargeability targets at the historic Mount Irene Mine in Canada. The findings, revealed after a successful Gradient Array Induced Polarisation (GAIP) survey in March 2024, signify a significant breakthrough in the company's exploration efforts. The GAIP survey, known for its precision and depth, has identified multiple new chargeability targets extending towards the northwest (NW) of Mount Irene. These targets indicate the potential for substantial extensions to the known mineralised reefs, opening new avenues for exploration and development. Among the key highlights of the GAIP survey…
Alderan Resources Limited (ASX: AL8) is making significant progress in its exploration efforts, with updates on its copper exploration project in Utah, USA, and its lithium projects in Minas Gerais, Brazil. Utah Copper Exploration: Preparations for drilling at the New Years copper-gold prospect in Utah's Frisco project are proceeding rapidly. The company is finalising the precise locations and orientation of a planned three-hole diamond drilling program, aiming to commence drilling this quarter. Alderan already has permitted drill sites within the Frisco project area, with the permit expected to be amended for the new locations. Brazil Lithium Exploration: Alderan's stream sediment…
American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) has released the findings of the Halleck Creek Scoping Study Technical Report by Stantec Consulting Services Inc., highlighting the project's potential as a low-cost, scalable, and world-class rare earth elements (REE) venture in Wyoming, USA. The study projects an attractive NPV8 of US$673.9 million and NPV10 of US$505.1 million (pre-tax), with an IRR of 22.5 per cent and a 2.9-year payback period based on a three million tonnes per annum (Mtpa) operating scenario. Initial capital expenditure is estimated at US$456.1 million, including a US$76 million contingency. The life of mine…
In a move to accelerate the Halleck Creek project, American Rare Earths (ARR) has successfully filed a Licence to Explore for Minerals by Dozing with the Wyoming Department of Environmental Quality in the US. This application is a critical step towards initiating test mining operations, as the company seeks approval for two test pits at the Cowboy State Mine site. The test mining is aimed at securing the necessary ore volumes for processing at a pilot facility, setting the stage for the future scaling of an operable mine and processing unit at Halleck Creek. American Rare Earths CEO Donald Swartz…
