The remote exploration drilling specialists

Latitude66 set to drill high-potential gold targets at Edjudina

Latitude66 set to drill high-potential gold targets at Edjudina

Latitude 66 (ASX: LAT) has announced the planned commencement of a drilling program at its Edjudina Project, located in the Laverton region of WA. The planned drilling program will commence in March this year and consists of up to 9,000m of aircore and potentially follow up reverse circulation drilling to test multiple significant gold-in-soil surface anomalies. This follows from previous exploration works completed across the project area, which have shown substantial potential given their scale and proximity to known mineral occurrences and infrastructure. Latitude66 has also signed a drill for equity agreement with Raglan Drilling, allowing the company to complete up to 9,000m of drilling, with 25% of the cost payable through the issue of new shares under its available…

Northern Star doubles profit

Northern Star doubles profit

Northern Star Resources (ASX: NST) reports a record-breaking FY25 marked by high gold prices, steady production and the acquisition of De Grey Mining’s (ASX: DEG) Hemi development project. FY25 has seen several miners report record-breaking years, thanks largely to similarly remarkable gold prices. Gold has surged multiple times throughout the year, thanks in part to global uncertainty around aggressive tariffs driving investment into the industry. Northern Star has reported $6.4b in revenue, up 30% from FY24’s $4.9b, as well as an underlying net profit of over $1.4b after tax, which has more than doubled from last year. The miner has also reported a record group underlying free cash flow of $536m, with shareholders seeing fully franked dividends of 30c/share. Whilst…

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Weld. Power. Cut. Heat.

Australian mining’s ultimate all-in-one welding powerhouse Vast distances, harsh environmental conditions, high stakes – these are just some of the challenges faced by Australian mining professionals every day. In remote mining sites, equipment failures demand rapid, reliable solutions – yet with limited access to stable power sources and support facilities, even basic repairs can become complex and costly. This highlights the need for versatile, self-sufficient equipment that can withstand Australia’s rugged terrain and keep mining operations running smoothly. And it’s in response to these requirements that Miller has developed the Big Blue 600X® Duo Air Pak™ 50Hz with ArcReach® Technology, an advanced engine-driven welder engineered to tackle some of the industry’s most challenging requirements. Designed to address critical site needs…

(Image source: CIMIC Group) In total, the contracts will provide approximately $150 million in revenue for UGL across multiple years.

UGL unlocks $150m in contracts

CIMIC Group company UGL has been awarded several new contracts and contract extensions with existing WA clients: Alcoa (ASX: AAI), bp, Chevron and Woodside (ASX: WDX). UGL has been awarded a contract with Chevron Australia for construction services, supporting the installation of modules, equipment, structure, piping and electrical and instrumentation works. Additionally, UGL has received an 11-month contract extension for the supply of services to Alcoa’s mining and refining operations in WA for the continued management and execution of mechanical, electrical and access services for maintenance work. UGL has also received a two-year contract extension on the supply of maintenance, tank turn around and construction services to BP at the Kwinana Energy Hub. A one-year extension of a non-binding Framework…

The role of Coexistence Queensland will be to provide enhanced information, engagement and education services on land access and coexistence issues.

Coexistence strengthened between Queensland’s resources, renewable energy and agriculture industries

The Queensland Government has passed legislation that strengthens the coexistence between the State’s resources, renewable energy and agriculture industries. Reforms include expanding the scope of Queensland’s coexistence institutions, including the GasFields Commission Queensland which will know be know as Coexistence Queensland. The role of Coexistence Queensland will be to provide enhanced information, engagement and education services to the community and industry on land access and coexistence issues across the resources and renewable energy sectors. Previously, focus was just on the onshore gas industry. Other coexistence reforms include: Expanding the remit of the Office of Groundwater Impact Assessment to provide advice, on request, to government entities on subsurface impacts from petroleum and gas activities. Expanding the role of the Land Access…

Australian Vanadium Limited vanadium electrolyte facility.

Early Moves with Vanadium Electrolyte Facility Secured

Australian Vanadium Limited (ASX: AVL) is one step closer to becoming a near term producer of vanadium with the company securing a location for its high purity vanadium electrolyte manufacturing facility in WA. U.S. Vanadium LLC (USV) electrolyte manufacturing technology will be used, with the new WA facility based in the Perth suburb of Wangara capable of producing up to 33MWh per year of vanadium redox flow battery (VFRB) high-purity electrolyte. AVL chief executive Graham Arvidson says detailed design of the facility is now complete and long lead equipment have been ordered. “This is an important step in our journey to become a world class, vertically integrated ‘pit to battery’ vanadium producer,” he said. “By leveraging USV’s proven technology, we…

(IMAGE SOURCE - GALENA MINING) Abra crushing circuit operating with ROM stocks in background (photo 3 May)

Abra mine resumes production

Galena Mining (ASX: G1A) has resumed full production at its Abra lead and silver mine following the significant rainfall event in March that impacted operations. The mine has been restocked with essential consumables and mining and processing plans have been implemented for May and the remainder of the June quarter. Galena Mining managing director Tony James says April operations were limited due to the loss of the roads to site following the March rain, which interrupted the continued ramp-up of Abra mining and processing operations. “The mine has now resumed its activities and is working to a plan that pushes towards our steady state targets as quickly, as possible,” he said. “All the necessary resources are in place and the…

Capricorn Metals announces record half-year profit

Capricorn Metals announces record half-year profit

Capricorn Metals Ltd (ASX: CMM) announced its half-year profit before tax increased by 35% to $78.8 million over the previous corresponding period (pcp), a record half–year result for the gold miner. The miner’s profit increase was buoyed by a rise in sales of 7%, to 60,341 ounces, on the back of a strong six months of operations at the Karlawinda Gold Project. The Karlawinda Gold Project (KGP), located 65 kilometres south-east of Newman in the Pilbara region of Western Australia, commenced operations in June 2021, and has a 10-year mine life on current reserves. “The KGP had a strong first half of operations producing 60,099 ounces at an all in sustaining cost (“AISC”) of $1,324 per ounce, consolidating its reputation…