Red 5 has made almost $423 million in revenue during the first full year of production at the King of the Hills gold mine near Leonora (reports The West Australian).
Tim Goyder, Chalice Mining’s largest shareholder, says a slump in the critical minerals explorer’s share price is an overreaction by a market that wants “a bed of roses” and needs to “get real” about long-term value (reports The Australian Financial Review).
Green metals from Chalice Mining’s flagship Gonneville deposit at its Julimar discovery could inject around $18 billion into the WA economy over almost two decades (reports The West Australian).
Increasing supply challenges and ‘exponential lift’ in demand means copper price take-off must be close. And RareX eyes DSO fertiliser to help it grow into a rare earths player.
By Barry FitzGerald.
Hints of a pause in the U.S. interest rate rising cycle buoyed investment markets towards the end of the week as bankers gathered in the Wyoming ski resort of Jackson Hole to hear the latest plans of Federal Reserve chairman, Jay Powell.
By Tim Treadgold.
A simple, low-cost direct shipping ore (DSO) phosphate project would cornerstone the expansion Cummins Range into a long-term, high-value, and low-risk rare earths operation in WA’s Kimberley.
Abyssinian Metals directors will continue fighting to keep control of the lithium hopeful despite surrendering in an attack on their performance shares (reports The West Australian).
Kingsland Minerals (ASX:KNG) is continuing to prove up the scale of its promising Leliyn discovery in the Northern Territory ahead of a maiden resource (reports Stockhead).
Lithium exploration and project development company Critical Resources (ASX: CRR) has confirmed that a follow-up drilling program around a recent breakthrough intercept has continued to validate and expand the Swell Zone at the Mavis Lake lithium project in Canada (reports Small Caps).
Tim Goyder-chaired DevEx has received a strong hint about the potential scale and quality of its Kennedy ionic clay-hosted rare earths discovery in Queensland (reports Stockhead).
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