News - Fitzgerald Articles

Plus, Orion shaping up as a substantial base metals play

A special thanks to Rio Tinto’s iron ore boss Chris Salisbury for providing a much-needed laugh for the exploration industry in what has been a tough year. Speaking at the recent St Barbara’s Day memorial lunch put on by the WA Mining Club, the 30-year Rio veteran solemnly declared that the mining industry has a trust problem. "In an industry that is built on the goodwill and trust of governments and communities, we need to positively engage with our neighbours and the broader community to tell our story better," he said.

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Owning one of the best-undeveloped minerals projects (BUPs) is no guarantee of success. But it stands to reason that it helps.

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The nickel juniors are back near their 52-week lows after the most volatile of the metals did what it does best by staying volatile.

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The ASX-listed gold producers have been grinding higher in response to the gold price moving back over $US1,200 oz, with gold doing what it is supposed to do during times of turmoil.

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Rio Tinto’s hush-hush copper discovery in WA’s remote North Paterson region apparently has a name – Winu.

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Tired Western Australian gold projects have a habit of surprising to the upside as much as they do to the downside.

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Rio Tinto’s hush-hush copper discovery in WA’s remote North Paterson region is to get its own airstrip.

Rio Tinto’s hush-hush copper discovery in WA’s remote North Paterson region is to get its own airstrip. And the most recent satellite fly-over shows there has been lots of activity at the discovery, 120km north-north-west of the nearest point of civilisation, Newcrest’s once-great Telfer gold-copper mine. There are new drill lines extending south by about 400m from our previous flyover, the 40-man camp is in, and the drill core lay-down area is expanding. Rio has also bulldozed a new access track to the north-west.

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The big end of town has got busy slipping some new base metals resource positions into their future development pipeline.

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