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Busy day with reporting to the ASX: Gold production down 6% for Newcrest – Cadia mine previously a leader, dropped from December quarter of 239,722oz to 195,181oz ANZ announces $1.41 billion Cash Profit – down 60% as part of half year and dividend announcement. https://www.asx.com.au/asxpdf/20200430/pdf/44hcpzhgz708jc.pdf Ramelius Resources announces a life of mine increase to its …
Morning News Bites – April 29
Cold front across the bight brings cold weather and a hint of winter to all states. Lynas Corporation has advised a Movement Control Order still exists in Malaysia, It’s plant there remains in care and maintenance Boss Resources on track to be Australia’s next Uranium Producer as the Honeymoon Uranium Project South Australia feasibility …
Morning News Bites April 28
As coronavirus restrictions look to lessen across Australia, here are some news bites for today. Over two million downloads of Australian Government Covid app Strict Covid Measures taken by Northern Star has impacted production temporarily as March Quarter figures are released as progress is made at Pogo and KCGM Super Pit operations https://www.asx.com.au/asxpdf/20200428/pdf/44h93r56nhcvxv.pdf Exploration success …
Morning News Bites – April 24 2020
Mines Safety Levy in Western Australia to be reduced by 20 per cent to 17 cents per billable hour WA Government announces support package for construction industry, the package includes $10 million to provide an immediate, one-off payment of $2,000 to employers of existing apprentices and trainees currently receiving Construction Training Fund (CTF) grant payments. …
Morning News Bites – April 23
Industry news headlines to know for April 23 2020 Evolution Mining releases March quarterly with a 10% increase quarter on quarter to mine operating cash flow and no material impact from Covid-19 at this point https://www.asx.com.au/asxpdf/20200423/pdf/44h5jctxrhjqbn.pdf Drive through Covid-19 testing of 3000 Mineral Resources employees to days before heading to site set to become a policy …
Morning News Bites – April 22
News you need to know April 22 Orange Health Service’s COVID-19 response team is now receiving free family meals at the end of each shift, sponsored by Newcrest Mining’s Cadia operations, to support these health professionals and their families, as well as providing patronage to local catering companies. Nagambie Resources first drill hole has commenced …
Morning News Bites – April 21
Headlines you need to know – April 21 2020 Virgin Australia enters voluntary administration to recapitalise and emerge from Covid19 stronger Oil prices tumble overnight and hit a negative. https://www.skynews.com.au/details/_615089418000 Strategic Energy Resources Saxby Gold Project in Queensland has sent a drill core for hyperspectral logging https://www.asx.com.au/asxpdf/20200421/pdf/44h3s2k2n0rhvy.pdf IGO takes an 18.4% share and enters a strategic …
Morning News Bites – Monday April 20
Welcome to a new daily update of information you should know! Chalice Gold Mines reveals second diamond hole intersects at copper nickel project less than 100km from Perth WA Source: https://www.asx.com.au/asxpdf/20200420/pdf/44h2bm6pw3vsxf.pdf Virgin Australia remains in a voluntary suspension, a further announcement regarding financial assistance and restructures will take place this week. Source: https://www.asx.com.au/asxpdf/20200416/pdf/44gzq1xk1ytv35.pdf NAB has announced a …
How The Mining Industry Is Protecting Itself
There has been plenty of commentary how mining is continuing on during the Covid-19 pandemic. Industry Link Media are pleased to present positive examples of how the industry is showing the care and attention to its workers and communities. Feature Image – CMEWA via LinkedIn
Beacon Minerals Reveals Positive Panther Intercepts And International Prospects
The Panther prospect for Beacon Minerals has delivered some very positive results at shallow depth after results were revealed to the market. Some highlights of the program included: PBRC070 13 metres @ 16.4g/t Au from 9 metres including 1 metre @ 195g/t Au from 13 metres PBRC071 11 metres @ 7.1g/t Au from 7 metres including 1 metre @ …
Continue reading “Beacon Minerals Reveals Positive Panther Intercepts And International Prospects”
