What You Missed in the News This Week

Boss Energy has appointed James Davidson as general manager of its Honeymoon Uranium project and Jacobus van Rooyen as its construction manager.

Boss Energy managing director, Duncan Craib said James Davidson “has immense experience across project management and construction, with particular emphasis on uranium metallurgy and operations.”

Craib also said “Kobus is a team player, having held and achieved key senior roles as a multi-disciplined
construction manager, effectively managing resources to deliver small scale all the way through to mega project objectives and deliverables safely, on time and within budget, he will further bolster our team as construction at Honeymoon ramps up.”

 

Boss Energy

 

Oz Minerals saw an increase of total copper production in the December Quarter compared to the previous quarter, increasing 6,295 tonnes to 36,307 tonnes. Total gold production decreased from 56,334 ounces to 54,856 ounces.

Both copper and gold production of the FY2022 sat within the target figure – which was revised mid-year.

Managing Director and CEO, Andrew Cole said “A strong final quarter saw a 21 per cent lift in copper production, quarter on quarter, resulting in group production and cost guidance (revised mid-year) being met and creating positive momentum for 2023.

“We are pleased with how the team rest and recalibrated performance to end the year on a strong note after a challenging first half impacted by adverse weather, COVID-19 absenteeism, and supply chain disruption and inflationary pressure. The December quarter of 36,307 tonnes of copper is the highest group copper production on record.”

 

 

Iluka Resources has awarded SciDev a three-year contract for the supply of MaxiFlox chemistry, used for the treatment of mine site tailings to maximise water recovery and reduce the tailings footprint.

SciDev CEO, Seán Halpin said “Our ongoing relationship with Iluka reflects both the quality of our products and the skill set of our team.”

 

Iluka Resources

 

Liontown Resources has commenced open pit mining at its Kathleen Valley Lithium Project.

Iron Mine Contracting is providing open pit mining services at the site, including drilling; blasting; loading and hauling of ore and waste; hauling road construction; and pit dewatering services.

Liontown Managing Director and CEO, Tony Ottaviano said “Completion of the first blast and commencement of open pit mining at Kathleen Valley is a significant milestone for Liontown, signifying our transition from explorer to mining operator.”

 

Liontown Resources

 

The S&P/ASX200 markets have continued the strong increase from the start of the year, beginning  the week at 7,492 points and finishing off at 7,558 points.

The All Ordinaries followed the same trend, setting a new 100-day high, and ending at 7,772 points.

 

 

Gold continues to stay around the highest its been since May, sitting at $1,919.07oz.

Silver started slow at $24.07oz and peaked at $24.47oz on Thursday but fell again at the end of the week to $23.75oz.