The maiden gold pour from Jefferys Find Gold Mine near Norseman is due this month according to Auric Mining Limited. 77,500 tonnes of gold ore currently sits on the ROM pad at the mine with more than 12,500 tonnes of ore already delivered to the Greenfields Mill in Coolgardie. Auric Mining in collaboration with BML Ventures …
Continue reading “Maiden Pour Due This Month From Jefferys Find”
The high grade hits at Youanmi Gold Project continues with the release of drilling results from Paddy`s Lode and Midway. Results from Midway near mine exploration included: RXDD073: 0.54m @ 16.17g/t Au from 290.65m RXDD074: 7.00m @ 5.95g/t Au from 87.00m RXDD085: 1.37m @ 21.89g/t Au from 354.69m RXRC462: 2.00m @ 7.93g/t Au from 142.00m While …
NRW Holdings, Primero Group, has been announced as entering an agreement with Northern Star Resources for the KCGM Growth Project for Engineering, Procurement and Construction. The Contract has an approximate value of $973 million. The project is aligned to the KCGM processing plant rebuild and is scheduled for completion by Q3 2026 Primero’s Managing Director, …
Silver Lake Resources has released its FY23 Sales Result and has shown to have met sales guidance for the ninth consecutive year. The strong result is off the back of a record quarterly sales result of 83,540 ounces. This has been driven by the performance of the Deflector and Mount Monger operations. Operations delivered a …
Continue reading “Silver Lake Ninth Consecutive Sales Guidance Met”
Rivet Mining Services has gone into administration due to extreme weather events, labour shortages, project delays and rising costs. Mining services, which provides bulk haulage and ancillary onsite services to mining companies in WA, is the only business within the Rivet Group effected. Chris Hill, Vaughan Strawbridge and Hayden White from FTI Consulting have been …
Roy Hill has awarded a $70m order to Epiroc to automate their mixed fleet, making it the world’s largest autonomous mine. The contact involves driverless conversion of 96 haul trucks, including 54 Caterpillar and 42 Hitachi trucks, and future trucks. MACA has been awarded a mining contract with Atlas Iron at their McPhee Creek …
Lynas has secured $200m in investments from Japan Australia Rare Earths through a subscription of ordinary shares. Lynas CEO and managing director, Amanda Lacaze, said “JARE has been a valued and strategic partner to Lynas since 2011 and we welcome these new agreements which better reflect demand forecasts from the Japanese rare earths market.” …
The Federal Government has prevented Chinese company Yuxiao Fund from raising its stake in Northern Minerals on grounds of national interest. Yuxiao Fund wanted to increase its holding from 9.92% to 19.9% but needed approval from the Foreign Investment Review Board. Northern Minerals has been focused on fine-tuning its heavy rare earths processing system through …
Weeks after the West Australian Government raised concerns that Alcoa’s mines posed a risk to the Serpentine Dam and 1/5 of Perth’s drinking water, it has been discovered that the US miner has risked another WA dam. Alcoa applied for approval to build pipelines over WA’s Waroona Dam to pump PFAS contaminated water from firefighting …
Newcrest has rejected Newmont’s $24.45B takeover bid after week-long deliberation. Newcrest’s board said it is still open to negotiations but thought the offer didn’t represent sufficient values for shareholders. The missing men whose vehicle fell into a hole approximately 100 meters underground in the collapse in the Dugald River underground mine have died. …
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