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Copper on a high COPPER has hit a three-month high on the London Metal Exchange, reaching its highest price in two months after a long run of losing sessions. The metal closed 1.9pc higher due to the fears of copper smelters in China reducing output by as much as 15pc as a result of the COVID-19 outbreak. Concerns over short supplies of refined metals spurred the higher prices, amid transport restrictions from China. China issued import quotas for another 4620t of high-grade copper scrap and 1440t of aluminium scrap for use in 2020. Aluminium on the LME also closed higher with a 1.8pc increase, as did nickel, zinc and tin, as shipment schedules continue to be upset and uncertainties abound....

Antipa in $60m farm-in deal ANTIPA Minerals (ASX: AZY) has entered into a $60m farm-in agreement and exploration joint venture agreement with gold miner Newcrest. The agreement covers the southern part of Antipa Minerals’ 100pc-owned exploration ground in the Paterson province of WA, which will now be known as the Wilki project. The Wilki project abuts Newcrest’s Telfer mine for gold and copper and its O’Callaghans deposit. Under the deal Newcrest has the option to acquire a 75pc interest in the joint venture for Wilki. Also, Newcrest has entered into an agreement with Antipa Minerals to acquire a 9.9pc shareholding in the Australian company through a $3.9m share placement. Antipa Minerals chairman Stephen Power said the agreement with Newcrest will...

THE WA Chamber of Minerals and Energy (CMEWA) will today host the first crisis meeting among WA’s biggest resource companies to coordinate a response to the risk of coronavirus affecting the State’s mine sites and regional and remote areas. The mining industry is aiming for a unified position should a worker test positive or an outbreak occur at one of the sites, without the risk of government quarantining entire camps or suspending lucrative operations. The meeting will be attended by senior representatives from the WA Department of Mines, Industry Regulation and Safety (DMIRS), industry associations and large mining companies. Other attendees include the WA Chamber of Commerce and Industry, the Association of Mining and Exploration Companies, the Australian Petroleum Production...

THE first lithium carbonate for Argosy Minerals’ Rincon project in Argentina will be shipped out later this month, marking a significant development milestone for the Australian junior miner. This is the first high quality export to come out of the project with 99.5pc lithium carbonate, adding Argosy to the small group of international lithium carbonate exporters. The first lithium batch from the plant was produced in 2018, after site work commenced in 2016, and the company is ramping up to a production level of 2000t of battery grade lithium carbonate pa. The Rincon project is located in the world class so-called “Lithium Triangle” in the Salt Province in Argentina and has a predicted life of 16.5 years. Argosy own 77pc...

THE WA Department of Mines, Industry Regulation and Safety (DMIRS) will halve the processing timeframes for exploration applications from 30 to 15 business days from July 1. The new timeframe supports the State Government’s commitment to improve regulatory efficiency through its Diversify WA Economic Development Framework and the Streamline WA initiative. This reduction in timeline also builds on the department’s strong results from its fourth quarter approvals performance reporting and its commitment to make the resources sector more efficient and effective. DMIRS director-general David Smith said 98pc of Programme of Work (PoW) applications were finalised within target timeline in the 2019 December quarter. “The Resources and Environmental Compliance Division’s efforts to improve our processes is a credit to everyone involved,”...

What do university mining schools need most? Over the past few years increasing attention has been directed to the people employed to teach and mentor students at university engineering schools, with university departments mostly staffed by scientists and graduates with no industry experience.     Emeritus Professor Odwyn Jones (OA) was principal of the WA School of Mines at Kalgoorlie and Dean of Mining and Mineral Technology at WAIT/ Curtin University of Technology for 15 years. He shares his thoughts with readers of Australian Mining Review. UNIVERSITIES too often place a premium on engineering applicants having a doctorate with little or no mention of the merit of having some industry experience. In doing so the teaching becomes too scientific and theoretical...

ONE of Australia’s previous largest single mine gold producers has restarted operations in the Murchison, WA, with plans to bring it back to its former glory. Westgold Resources (ASX: WGX) yesterday announced underground sub-level mining has recommenced at its Big Bell mine, located within the company’s Cue Gold operations. Westgold executive chairman Peter Cook said this was a major milestone for the company and paves the way for planned ramp-up in mine output, targeting steady-state production rates by the end of 2020. “Big Bell will become our largest single mine in the Murchison region and restarts with a 10-year mine life with excellent resource extension potential,” he said. The first mass cave blast broke about 103,000t at 3g/t of gold...

Gidgee offers new promise AN outstanding result in high grade aircore results, plus a promising regional review, reveal a significant new exploration at the Gateway Mining Gidgee Gold Project near Kalgoorlie in WA. Four gold corridors have been defined, covering a cumulative strike length of approximately 20km. This discovery opens up a major new exploration opportunity for Gateway within its high-quality operation, beyond the currently defined resources. Reconnaissance aircore drilling, supported by a regional assessment outside the Montague Granodiorite, was instrumental in identifying the series of prospective gold corridors. These new discoveries present a major opportunity, specifically for shallow oxide gold deposits. Gateway managing director Peter Langworthy said that the company’s core focus remains to unlock the significant potential that...

Coronavirus screening for FIFO workers FLY-IN, fly-out workers may undergo a special coronavirus screening as part of new measures to protect rural and remote communities from the spread of the virus. The Australian Principle Health Committee will present a management plan to the Federal Government, which will include special measures for FIFO employees. Chief medical officer Brendan Murphy said the health risks posed by the virus affected metropolitan and rural areas differently. “In metropolitan areas the health system would be able to cope... but in isolated communities this could have pretty devastating consequences,” he said. “They present a particular risk and so we’re planning a range of approaches to staffing and screening of people coming into community so that we...

AOG bigger than ever THE Australasian Oil and Gas Exhibition is shaping up to be a whopper, with 118 new exhibitors signed up for the event at the Perth Convention Centre, from March 11-13. Businesses catering for the oil, gas and energy industry are gearing up to showcase a range of innovations and services. Renewable energy is making its presence felt with a Renewables and Energy Storage zone included for the first time. The dedicated exhibition floor will be promoting Australia as a leading investment destination for renewable energy products. As part of the renewables energy discussion, conference sessions around the path to energy transition, and energy diversification will be chaired by industry leaders. A raft of energizing and valuable...