Author: admin

Red Hawk-MGM Bulk iron ore haulage partnership Red Hawk Mining Limited (ASX: RHK) and MGM Bulk Pty Ltd have entered a partnership for the haulage of iron ore from the Blacksmith iron ore project in Pilbara, WA, to the Utah Point bulk handling facility in Port Hedland, WA. Through the pre-feasibility study (PFS) and definitive feasibility study (DFS) phases, MGM Bulk will provide a fleet of 150t ultra-quad trucks and drivers plus associated loading and other equipment and infrastructure for the Red Hawk 100%-owned project. Red Hawk managing director Steven Michael says the company is excited to work with the MGM Bulk team to...

Hitachi & BluVein partner for mining fleet electrification Hitachi Energy and BluVein have signed a memorandum of understanding (MoU) to accelerate the electrification of heavy haul mining fleets. This partnership will fast-track the development of a high-powered, fast and flexible charging system for surface and underground mines and quarries in Australia and across the world. Hitachi’s advanced power electronics and digital charging technologies will allow BluVein’s e-rail charging technology to deliver electricity safely and reliably to haul truck of up to 400mt while transporting materials. BluVein chief executive James Oliver says the partnership supports the company’s mission of delivering a dynamic connector to...

Native Title and Heritage Exploration Agreement executed for Prinsep Accelerate Resources (ASX: AX8) has executed a Native Title and Heritage Exploration Agreement (NTA) with the Ngarluma Aboriginal Corporation over the Prinsep lithium project in WA. Located 15km south of Karratha, the Prinsep project is an advanced drill-ready exploration project and forms part of Accelerate’s Karratha lithium projects portfolio which encompasses 90km2 of prospective tenure. To date, mineralisation has been defined across two subparallel pegmatite zones, each measuring a width of more than 1.8km and widths up to 60m. Up to 2.06% lithium oxide has been encountered from rock chip assays. Field services company Terra Search has been contracted to complete an extensive soil...

Manheim Industrial takes on the Mining Industry through strategic alliance with Lennon Heavy Equipment Manheim Industrial is an Australian leader in industrial auction services with operations in major global markets. Lennon Heavy Equipment has specialised in mining equipment sales for more than 50 years. Our team of experienced professionals are well-placed to maximise return for your assets. The next national mining equipment auction starts March 20. Manheim Industrial is set to run its next national mining equipment auction during March this year, in partnership with Lennon Heavy Equipment. Manheim’s multi-vendor online mining auction will take place between March 20-26 with extensive investment in marketing to both domestic and international buyers. With Lennon’s 50 years of servicing the mining industry and...

Fortescue and Magmatic Resources partner up for Myall project Magmatic Resources (ASX: MAG) and FMG Resources — a subsidiary of Fortescue (ASX: FMG) — have executed farm-in and joint venture agreement at the Myall project. Located in central NSW, the project comprises of a continuous 244sqm tenement which covers the northern extension of the Junee-Narromine volcanic belt. It hosts significant porphyry-associated copper-gold mineralisation and has a mineral resource estimate of 110mt at 0.27% copper, 0.07g/t gold and 0.8g/t silver. Fortescue can earn an initial 51% interest in the Myall project by spending $6m in exploration across a four-year period. FMG can then earn an additional 24% interest (for a total interest...

New WA lithium mine set to boost State’s battery mineral credentials A new lithium mined which recently opened in WA is set to boost the State’s credentials as a battery hub. Joint venture partners Covalent Lithium, Wesfarmers and Química y Minera de Chile (SQM) were congratulated by the State Government on the successful opening of the Mt Holland lithium mine and concentrator project. WA Premier Roger Cook, WA Treasurer Rita Saffioti and WA Mines and Petroleum Minister David Michael were on site to celebrate the occasion. Located 110km southeast of Southern Cross in the Wheatbelt region, the Mt Holland lithium project consists of an open-cut mine and concentrator with a refinery...

Maiden gold pour completed at Menzies The first gold bars have been poured at Brightstar Resources’ (ASX: BTR) Menzies gold project in WA. This gold pour marks Brightstar’s first gold from the Selkirk joint venture. Brightstar has a 50:50 profit sharing joint venture with BML Ventures to exploit the Selkirk deposit at Menzies which has a mineral resource estimate of 11,500oz at 2.15g/t gold. BML is responsible for all capital costs, mining and haulage, and the joint venture has a toll treating agreement with St Barbara (ASX: SBM) to process ore from Selkirk at Leonora. Brightstar managing director Alex Rovira says the company...

Fenix Resources completes first Twin Peaks iron ore shipment Fenix Resources (ASX:FEX) has hauled, loaded and shipped the first shipment of iron ore from the Twin Peaks direct shipping iron ore project in WA. This first shipment contained 59,275t of +60% iron “Fenix TP lump” direct shipping ore and product from Twin Peaks will boost Fenix’s iron ore production and revenues. In November 2023, Fenix executed an ore purchase agreement with 10M, granting it the right to purchase 500kt of high-grade ore from Twin Peaks. Under the agreement, 10M is responsible for all mining and processing activities up until the...

First drill program in 10 years begins at Yundamindra The first drilling program at the Yundamindra gold project in 10 years is set to begin to follow up outstanding near surface drill intersections. Situated 65km southeast of Leonora in WA, the Yundamindra project is held 80% by Metalicity (ASX:MCT) and 20% by joint venture partner Nex Metals (ASX:NME). Prior to 1970, Yundamindra had high grade production of 74kt @ 19.3g/t gold for 45,000oz with structures hosting visible fine gold mineralisation within laminated quartz veins. Previous significant results include 8m @56.36g/t gold from 44m, 1m @ 48.1g/t gold from 12m and 2m @39.49g/t gold from 31m. The most recent drilling, which was undertaken...

Up to $3m worth of exploration grants available in the Northern Territory Applications are open round 17 of the Northern Territory Government’s Geophysics and Drilling Collaborations program with up to $3m in grants available to advance exploration. The grants aim to address geoscientific knowledge gaps, advance exploration activity and support the discovery and development of resources in the Territory. More than half of the $3m will be directed towards projects targeting commodities on the Northern Territory’s critical minerals list which has seen two new critical minerals added — gallium and graphite. A silver-white metal, gallium has multiple uses, including in integrated circuits, lasers and LEDs. This new critical mineral was recently...