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AngloGold Ashanti teams up with Kincora for NSW copper-gold exploration Kincora Copper Limited (ASX: KCC) and earn-in partner AngloGold Ashanti will soon begin the first ever copper-gold drilling program at the northern portion of the Nyngan project, with about 6-8 drill holes for an estimated 4000-5000m before the summer break. AngloGold Ashanti, the world's fourth largest gold miner by production, has a successful track record with greenfields discovery. Kincora is managing  the exploration program and will receive a 10%...

Queensland Government and Rio Tinto partner on Gladstone’s Boyne Smelters The Queensland Government and Rio Tinto (ASX: RIO) will work together under a partnership to support investment in renewable energy projects. The agreement represents an important step towards securing a long-term future for Australia's second-largest aluminium smelter, Boyne Smelters Limited (BSL) and thousands of jobs in central Queensland supported by the operations. The partnership supports Queensland's vision to establish Gladstone, Queensland, as a renewable energy hub and strengthens the electricity grid as Australia transitions to a cleaner...

More than 10,000g/t gold identified in veins at Titan Visible high-grade gold has been reported in veins at the Titan prospect in WA, with multiple holes recording more than 10,000g/t gold. Titan, which is part of Artemis Resources’ (ASX: ARV) Karratha gold project, was subject to a work program designed to map the prospective surface veins and identify additional fertile structures that may contain gold and copper mineralisation. Not only did the ground team identify and trace several large-scale vein trends, but it also successfully identified a vein zone with abundant coarse visible gold at Titan. Rock chip...

Latest WA environmental approval reforms well-received by peak mining body The WA Government yesterday introduced the Environmental Protection Act Amendment Bill 2024 to Parliament to speed up the State’s environmental approvals for projects. Following the Vogel-McFerran Review that found approvals to be complex, time-consuming and costly, other State Government regulators will now be allowed to issue their own approvals ahead of the WA Environmental Protection Authority (EPA). The new parallel decision-making policy means proponents can obtain other approvals while their environmental impact is assessed by the EPA, potentially saving years in the process. WA Premier Roger Cook...

Metso signs $333m equipment delivery agreement Metso has signed a $333m (€200m) frame agreement with Reko Diq Mining for key process equipment deliveries to the Reko Diq project in Pakistan. The first order, which consist of crushing and grinding equipment, is valued at close to $166m (€100m) is booked for delivery in Q3 2024. The crushing and grinding equipment include the Superior™ 6089 MKII gyratory crushers, the Nordberg MP1250 cone crushers and the Premier™ ball mills with 51MW installed power which are equipped with gearless mill drive technology and Metso’s failsafe polymer hydrostatic shoe bearing systems. Orders for the TankCell™ mechanical...

FIRB approves major Australian-Japanese critical minerals collaboration Australia’s Foreign Investment Review Board (FIRB) has approved the Ardea Resources (ASX: ARL), Sumitomo Metal Mining and Mitsubishi Corporation joint venture to develop the Kalgoorlie nickel project (KNP) in WA. The KNP and its sub-set the Goongarrie Hub, are a globally significant series of nickel-cobalt and critical mineral deposits which host the largest nickel-cobalt resource in the developed world at 854mt, according to Ardea. In addition to FIRB approval, Ardea has been informed that the Consortium has obtained merger control clearance from the Korea Fair Trade Commission, successfully satisfying two of the four conditions...

Pilbara Minerals to acquire Latin Resources Pilbara Minerals (ASX: PLS) will acquire 100% of the shares in Latin Resources (ASX: LRS) after entering a binding scheme implementation agreement. The Latin Resources board has unanimously recommended the scheme in the absence of a superior proposal. Pilbara Minerals managing director and chief executive Dale Henderson comments on the acquisition. “This acquisition is on-strategy, diversifying the business with what we believe is a counter-cyclical, accretive extension that further builds out Pilbara Minerals’ position as one of the leading lithium materials suppliers globally,” he said. “The acquisition will deliver...

Liquid metals: A new class of shapeshifting catalysts The chemical properties of liquid metals are at the heart of a new research project at Monash Engineering that aims to produce a paradigm shift in catalyst technology for the chemical industry. Liquid metal-based alloys have recently been shown to have great potential as catalysts at low temperatures across a wide range of applications, including the conversion of carbon dioxide and methane into value-added carbon-based chemicals and the breakdown of biofuels and liquid hydrocarbons like canola oil into propylene. Dr Md. Arifur Rahim, who recently joined...

Construction begins on Pilbara Hydrogen Hub road upgrades Ground has been broken on upgrades to support the Pilbara Hydrogen Hub at Port Hedland in WA. The upgrades to the Lumsden Point access road and Pinga Street intersection will support the import of wind turbine and renewable energy components into the Pilbara, as well as the export of battery metals such as lithium and copper concentrates. The new intersection is expected to improve traffic flow and reduce congestion at Lumsden Point and Pinga Street, while also facilitating the safe movement of oversize...

Evolution Mining has record FY24 Evolution Mining (ASX: EVN) has tabled record net statutory profit, underlying profit and earnings before interest, tax, depreciation and amortisation (EBITDA) in FY24. Statutory profit was up 158% from FY23 to $422m, underlying profit increased 135% to $482m and EBITDA was 67% higher to $1.51b. Evolution managing director and chief executive Lawrie Conway commented on the results. “The record financial performance and excellent progress we have made on deleveraging the balance sheet and the more than doubling of the final dividend, while continuing to invest in our various project opportunities, are testament to our strategy and...

Maiden ore reserve released for South Junction A maiden ore reserve has been released for Westgold Resources’ (ASX: WGX) South Junction mine, part of the Bluebird – South Junction mining complex in WA. The South Junction maiden ore reserve reads 2.6mt @2.7g/t gold for 225koz. As a result of the South Junction ore reserve, the overall ore reserve for the Bluebird – South Junction complex has increased 233% from the FY23 ore reserve to 3mt @2.8g/t gold for 277koz. This increased ore reserve is underwritten by an updated mineral resource estimate for Bluebird – South Junction of...