Surprise Creek is shaping up to be a real winner for Valor after reconnaissance rock chips returned strong uranium and copper results (reports Stockhead).
A possible ban on Russian supplies by the London Metal Exchange would be a seismic event for the metals industry, cutting some of the world’s biggest companies off from the main global marketplace (reports Bloomberg).
On a grade-thickness basis, extensional drilling has returned 26.8m at 7% copper-equivalent in the South Shoot – the best intersection from the Project – ever! (reports Stockhead).
Preliminary test work has proven that ore sorting has the potential to dramatically improve the economics of RareX’s Cummins Range rare earths and phosphate project (reports Stockhead).
Trigg Minerals boss Keren Paterson is turning her sights to international investors as WA’s beaten-down sulphate of potash industry struggles for traction locally (reports The West Australian).
Liontown Resources says it will formally begin construction on its $545 million Kathleen Valley lithium project near Leinster after receiving key State Government approvals (reports The West Australian).
Former Mincor Resources boss David Southam has joined the rush of interest in Canadian lithium projects after accepting the role of Cygnus Gold managing director on a generous incentive package (reports The West Australian).
While Rio Tinto continues to battle with minority shareholders over the future of the Ranger uranium mine owned by its subsidiary Energy Resources of Australi, a new player is quietly emerging in Australia’s south (reports Stockhead).
A week after Kin Mining reported it had acquired shares in takeover target Dacian Gold, the junior and its major German shareholders have emerged with a 5.1% stake (reports MiningNews).
Liontown Resources spin-out Minerals 260 has struck a deal with mining entrepreneur Brian Rodan to buy a 3900sqkm project prospective for rare-earths, lithium and base metals in the hot Gascoyne region (reports The West Australian).
Bellevue Gold has signed a native title agreement with the Tjiwarl Aboriginal Corporation as it continues on its path to production at its $252 million namesake project near Leinster (reports The West Australian).
Bellevue Gold says it will be the first gold miner to have 80 per cent of its power generated by renewable energy after signing up for an off-grid hybrid power station for its namesake $252 million project near Leinster (reports The West Australian).
RareX says diamond core assays from drilling of its Cummings Range rare earth and phosphate deposit have shown the mineralisation persists down to at least 500m below the surface (reports MinngNews).
BlackEarth Minerals is putting the finishing touches into a feasibility study which will lay out the pathway to developing one of Africa’s next major graphite mines (reports Stockhead).
New World Resources says the latest assays from three deep exploration holes at its Antler copper deposit in Arizona, USA, have further expanded the deposit 150m down dip (reports Stockhead).
E79 Gold Mines (ASX: E79) will expand its Jungar Flats gold and base metals project a further 25km south towards the Big Bell gold mine, which is the largest mine in the Murchison region of Western Australia (reports Small Caps).
Leonora junior Kin Mining has acquired a stake in takeover target Dacian Gold.
Latest assays from El Palmar in northern Ecuador have further expanded the area of known mineralisation with compelling new targets also defined for drill testing in October (reports Stockhead).
Labyrinth Resources’ move into Canada last year has produced its first milestone, a 500,000-ounce JORC-compliant inferred resource as well as the promise of more to come (reports MiningNews).
Subscribe to our Email Alerts
Subscribe to our free weekly newsletter featuring expert resources commentary, plus analysts
reports, upcoming company news, key ASX announcements and events. (one email each Friday)