Screening solutions for Australian mining

Northern Star reports successful resources and reserves update Northern Star Resources Limited (ASX:NST), a leading gold mining company, has announced its annual Mineral Resource and Ore Reserves update for the 12 months ending March 31, 2023. The company reported a group Mineral Resource of 57.4 Moz and Ore Reserves of 20.2 Moz, highlighting the value generated by the company's sustained exploration investment and offsetting mine depletion and divestments. The Mineral Resource grew by 3.5Moz from exploration success across operating centres in Western Australia and Alaska, demonstrating significant organic growth optionality within Northern Star's portfolio. This growth includes a maiden Mineral...

Develop edges closer to production restart at Woodlawn Develop (ASX: DVP) has taken a key step towards securing project funding and production restart at its Woodlawn mine in NSW. After acquiring Woodlawn in mid-2022, Develop begun an aggressive exploration and infill drilling program to extend the mineralised lenses at depth and along strike, convert the inferred resources to indicated and drill test electromagnetic conductors. This work resulted in the addition of 4mt of resources, including a further 60,000t of copper and 235kt of zinc metal. Woodlawn now has a mineral resource estimate of 11.3mt at 1.8% copper, 5.8% zinc, 2.1%...

Engineering company Monadelphous (ASX:MND) has secured $170m worth of new construction and maintenance contracts and contract extensions in the resources sector.   Monadelphous has been awarded a construction contract with Lynas Rare Earths (ASX:LYC) for stage one of the Mt Weld expansion project in WA. The scope of work includes structural, mechanical and piping works associated with the new construction facility. The company has also secured a multidisciplinary construction contract to undertake a series of upgrades at Fortescue’s (ASX:FMG) Anderson Point iron ore stockyard in Port Hedland, WA. Monadelphous has been awarded a three-year services contract, with three one-year extension options to continue providing sustaining capital projects and maintenance support at Santos’ (ASX:STO) production and support facilities in the Southern...

Rio Tinto ships 4bt of iron ore to China Rio Tinto (ASX: RIO) has celebrated the shipment of 4bt of iron ore from WA’s Pilbara to China, a milestone reached 51 years after the first shipment. Over more than 50 years, China has become Rio’s largest customer with around 250mt of iron ore shipped there every year. The 4bt of iron ore shipped is enough to produce the steel needed for around 45,000 Sydney Harbour Bridges or more than 23,000 Beijing National Stadiums. Rio iron ore chief executive Simon Trott commented on the milestone. “China has been a critical partner...