Centaurus Metals isn’t the only company dusting off an old iron ore project in light of the surging price for the steel-making commodity (reports The West Australian).
But it probably has a better chance than most, in bringing its Jambreiro project in south-eastern Brazil into production.
High purity alumina (HPA) supply will not meet estimated demand over the next decade — even if every project in the pipeline goes into production (reports Stockhead).
Last year, HPA was a niche industry building some momentum as analysts predicted a lithium-ion battery charged shortfall. That’s because one of HPA’s fastest growing uses is coating the separators that keep apart the cathode and anode electrodes in lithium-ion batteries:
Last week, a report by CRU acknowledged that previous demand predictions were too conservative.
Acquisitive copper miner Sandfire Resources appears to be building a strategic stake in Balkan States
Acquisitive copper miner Sandfire Resources appears to be building a strategic stake in Balkan States-focused explorer Adriatic Metals (reports The West Australian).
A change in substantial shareholder notice lodged with the ASX yesterday showed the Karl Simichled miner had bought more than $5 million worth of Adriatic shares on the market over the past week, lifting its holding from 7.7 per cent to 11 per cent.
Get out your crowbars, Sunstone Metals (ASX:STM) is about to prise open the core of a potentially big copper-gold porphyry system
Get out your crowbars, Sunstone Metals (ASX:STM) is about to prise open the core of a potentially big copper-gold porphyry system in Ecuador (reports Stockhead).
The company revealed today results from a second hole at the Limon prospect, part of the larger Bramaderos project, delivered a hit of 267m at 0.05 grams per tonne (g/t) gold, 750 parts per million (ppm) – or 0.08 per cent — copper and 22ppm molybdenum.
This includes a 14m intercept at the bottom of the hole that recorded 0.1g/t gold, 0.2 per cent copper and 41ppm molybdenum.
The next key catalysts for base metals developer Orion Minerals (ASX: ORN) will be approvals and financing for its flagship Prieska Copper-Zinc Project in South Africa, according to Sydney-based institutional broker Petra Capital
The next key catalysts for base metals developer Orion Minerals (ASX: ORN) will be approvals and financing for its flagship Prieska Copper-Zinc Project in South Africa, according to Sydney-based institutional broker Petra Capital.
Petra Capital analyst Craig Brown has reiterated his BUY recommendation for the stock, with a revised target price of 12c-a-share (compared with a current share price of 3c), following the recent release of a Bankable Feasibility Study which it says has confirmed a “robust, high-margin development” at Prieska.
Strategic metals company TNG Limited has signed a binding heads of agreement with the operator of the Darwin to Tarcoola rail line, Genesee & Wyoming Australia, to haul material from the Central Australian Mount Peake mine more than 1100km to a processing facility in Darwin (reports The Sydney Daily Telegraph).
For Australia’s mining industry, the macro conditions have been pretty strong in the first half of the year (reports Stockhead).
Iron ore prices have pushed to new record highs, while gold cleared $2,000 an ounce for the first time ever.
For the listed junior explorers and mining companies that make up the small cap resources index, it makes for an interesting operating environment.