Author: admin

MinRes becomes first WA resources company to deploy in-house mental health services Mineral Resources (ASX: MIN) has become the first resources company in WA to deploy a team of in-house mental health counsellors to its mines across the State. This investment ensures that all MinRes employees — including its 7500 fly in, fly out (FIFO) staff — have the opportunity to talk about mental health and...

BHP goes green at Escondida Norte BHP (ASX: BHP) is going green at its Escondida Norte project in Chile with the implementation of a mining truck electrification system. An environmental impact statement has been submitted to the Environmental Impact Assessment System to advance the “implementation of the mining truck electrification system in Escondida Norte project”. This seeks to assist the movement of this equipment inside the mine by means of a trolley system. Work includes the construction of a new electrical substation and transmission lines both inside and around the Escondida Norte pit. The substation and transmission lines will electrically assist the movement of the trucks inside the mine in...

Newmont maintains 8.6% shareholding in Antipa Newcrest Operations, a subsidiary of Newmont Corporation, has maintained its 8.6% shareholding in Antipa Minerals (ASX: AZY). Newmont has exercised its right to maintain its shareholding in Antipa via a top-up placement delivering $540k in additional new equity funds, increasing the total funding to $7.25m. This participation will see Antipa deliver an additional 54.15m fully paid shares at $0.01. The top-up placement is subject to shareholder approval at a general meeting expected to be held on August 13. Antipa managing director Roger Mason commented on Newmont’s participation. “Their...

Groundbreaking all-electric fleet study boosts miners’ decarbonisation efforts Battery-powered vehicles can offer a cost-effective and environmentally friendly alternative to underground diesel fleets The decarbonisation of underground mining has received a huge boost from a landmark study, which found that battery-powered vehicles (BEVs) could be a cost-effective and greener alternative to diesel-powered fleets. The Cosmos Underground Electrification Study, which was conducted by mining services company Perenti in collaboration with technology leader ABB and mining and exploration company IGO Limited for IGO’s Cosmos Project, found that replacing diesel vehicles with BEVs could result in significant safety and environmental benefits for miners and mining personnel. The study was one of the first in Australia to comprehensively detail the requirements for underground mine electrification...

Inaugural MinRes flight takes to the skies Mineral Resources’ (ASX: MIN) new internal airline, MinRes Air, has taken to the skies for the first time with the inaugural flight landing in the Pilbara, WA. On July 2nd, the plane transported MinRes employees and contractors from Brisbane Airport to its Wodgina and Ken’s Bore mine sites. An A319 aircraft completed the 3600km journey in five hours and 40 minutes. The aircraft is decked out in MinRes insignia and was refurbished to provide an extra 25cm of legroom. MinRes executive general manager people,...

First gold pour imminent at East Menzies First gold pour is expected this quarter at the Maranoa deposit within Resources & Energy’s (ASX: REZ) East Menzies gold project in WA. Following the successful capital raising in May, REZ and Lamington Minerals have lodged a mining proposal with the WA Department of Energy, Mines, Industry Regulation and Safety (DMIRS) in mid-June 2024. The proposal covers a gold vat leach program with ore sourced from the Maranoa strike that was previously identified as an ideal shallow, high-grade gold target to support a vat leach campaign. The campaign will initially target 5kt...

Fenix Resources restarts mining at Shine Fenix Resources (ASX: FEX) has restarted mining at its Shine iron ore mine in WA. The approval to proceed with the stage one mine plan at Shine follows a comprehensive review of all aspects of the mine, including the completion of an in-pit drilling program, product sampling, a tender process for mining and processing, and updated resource modelling. Stage one is expected to produce iron ore at a grade of 60% iron with cash costs of $67.50/wmt. Stage two and stage three mine plans will be assessed following further optimisation work with significant opportunity existing for Fenix to extend the...

Australian Vanadium completes first phase of optimised feasibility study Australian Vanadium (ASX: AVL) has completed the first phase of the optimised feasibility study (OFS) for the Australian Vanadium project in WA. The first phase of the optimised feasibility study consisted of three milestones with the first milestone comprising of an update to the mineral resource estimate with a 39% increase in the measured and indicated categories. Milestone two was the identification of an optimal location along strike to begin mining along the southern blocks of the project due to higher vanadium and iron concentrate grades...