Author: Chloe Coutinho

NMR acquires advanced Queensland gold projects for $18.9m Native Mineral Resources (NMR) (ASX: NMR) has signed an agreement with Collins St Convertible Note to acquire a suite of advanced, near-production gold projects in northern Queensland as part of a deed of company arrangement approved by creditors. The $18.9m deal includes the Far Fanning and Black Jack deposits. Positioned in the mineral-rich Ravenswood-Charters Towers region, the acquisition provides extensive exploration potential, a clear path to gold production and significant upside through resource growth opportunities. NMR managing director Blake Cannavo comments on the agreement....

Equinox Resources: high-grade antimony at Alturas Rock chip samples from Equinox Resources (ASX: EQN) Alturas antimony project in British Columbia, Canada, have returned ultra-high-grade assays, notably 69.98% antimony. The company has increased its total land holding interests to 6.31km2 on the Alturas project. Historically, 105t of antimony ore, averaging 57.20% antimony has been sold from the Alps-Alturas antimony mine on this property. Since the execution of the option agreement for the Alturas project, the price for antimony has reached $54,000 (US$36,000) per metric ton...

Metso: efficient fine and ultra-fine particle recovery Metso is expanding its flotation portfolio with modular Concorde Cell™ Plant Units, a new solution consisting of prefabricated and pre-installed containerised units, which streamlines the setup process and minimises on-site installation work. Metso flotation and thickening product manager Tatu Miettinen comments on the advancement. “Concorde Cell™ Plant Units feature a complete sampling and automation portfolio, along with a modular basic design that conveniently accommodates add-ins,” he said. “This flexibility allows for tailored solutions that meet the diverse needs of our end customers and EPCMs alike.” Metso launched the groundbreaking Concorde Cell™ flotation technology...

Anglo American sells its slice of Jellinbah for $1.6b Anglo American has agreed to the sale of its 33.3% minority interest in Jellinbah Group (Jellinbah) to Zashvin for cash proceeds of $1.6b as part of the company’s larger plan to restructure its business by shedding unwanted assets. The Jellinbah Group is a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Queensland. Zashvin is an existing 33.3% shareholder in Jellinbah alongside Anglo American and Marubeni. This deal follows the rejection of BHP’s (ASX: BHP) third unsolicited, non-binding and...

Big caps go global with battery technology Innovation is revving up in the mining industry, with several big caps rolling out revolutionary battery technology overseas, including Rio Tinto, Fortescue and Newmont. Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia. Battery swapping technology allows a battery-electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static charging...

BHP backs WA community development BHP (ASX: BHP) has released its 2024 Community Development Report, showcasing ways the company is generating social value for its people, partners, communities, local economies and the environment. In FY24 BHP’s total community development expenditure in WA was over $894m, the highest on record for the company. BHP says it has been focused on creating new opportunities for its supply chain over recent years, including Traditional Owner and Indigenous businesses. “Our WA Iron Ore (WAIO) asset spent nearly $465m with 113 Indigenous vendors in FY24, surpassing our WAIO Indigenous and Traditional Owner direct spend target,”...

OD6 acquires one of Australia’s highest-grade, historical copper mines OD6 Metals (ASX: OD6) has announced the proposed acquisition of the Historic Gulf Creek copper project — a high grade volcanogenic massive sulphide (VMS) deposit in New South Wales. Historic underground mining, over 100 years ago, for the high-grade copper-zinc VMS style deposit averaged 2-6.5% copper with +100m vertical and +300m strike open in multiple directions. There is significant greenfield and brownfield exploration potential with over 3km of untested strike in the immediate mine-stratigraphy, and over 10km across the tenement, according to OD6. OD6 managing director Brett...

Haul road milestone drives Onslow Iron progress Mineral Resources (MinRes) (ASX: MIN) has marked another significant milestone at Onslow Iron project in WA, with completion achieved on the project’s dedicated private haul road. Designed and developed in-house by MinRes’ engineering and construction team, the 150km sealed haul road underpins the innovative pit-to-ship supply chain setting Onslow Iron apart from other iron ore operations. In May 2024, the project delivered first ore on ship ahead of schedule and is now ramping-up production to 35mtpa. Having reached completion of the 150km sealed and...

Westgold Polar Star lode gets its wings Westgold (ASX: WGX) continues to extend its Bluebird-South Junction mining complex in WA, through its ongoing resource development drilling which has returned a record drill intercept for the Polar Star lode. The record drill intercept of 3.71m at 18.02g/t of gold is a standout among other significant intersections returned from both South Junction and Polar Star. Resource development drilling will continue, with two surface drill rigs and two underground drill rigs in operation. Westgold managing director and chief executive Wayne Bramwell says the...

CSIRO, King weigh in on Australia’s relationship with mining CSIRO has released a comprehensive report examining Australian attitudes towards mining, highlighting public trust in mining has significantly improved over the past ten years. This shift coincides with a growing interest in critical and energy transition minerals, with 73% of respondents acknowledging that access to critical minerals is essential for achieving net zero emissions. The transition from fossil fuels to renewable energy requires critical minerals such as lithium, silicon, high purity alumina and rare earth elements. Conducted in collaboration with Voconiq, this latest survey marks the third instalment in...