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Latitude66 set to drill high-potential gold targets at Edjudina

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...

(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

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...

Northern Star doubles profit

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....

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Weld. Power. Cut. Heat.

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...

Pilbara potash project major milestone

Pilbara potash project major milestone

Reward Minerals (ASX: RWD) has been granted Major Project Status by the Federal Government for its $450m Lake Disappointment brine and sulphate of potash project in the remote northwest of WA. The project, located about 320km east of Newman in WA, aims to produce about 400,000tpa of sulphate of potash by abstracting potassium-rich brines from sediments and using solar evaporation on the surface of the lake. Federal Resources, Water and Northern Australia Minister Keith Pitt says the project will support economic growth and new job opportunities in Northern Australia. “The Lake Disappointment project has an initial life of 25 years and will help Australian farmers access the fertiliser they need to improve production and grow food for both Australia and...

Palmer seeks $10 billion

Palmer seeks $10 billion

By Rachel Dally-Watkins September 11, 2015 FEDERAL MP and Mineralogy founder Clive Palmer is suing Chinese-owned CITIC Limited for $10 billion, in the latest of a slew of lawsuits related to the Sino Iron project. Mr Palmer is seeking damages for what he alleges is a breach of commercial arrangement between CITIC and Mineralogy, resulting in a lack of royalty payments on the $500 million of iron ore concentrate already shipped to China. Mr Palmer was also suing for royalties covering the life of the project. In 2006 the companies signed an agreement which relied on the annual benchmark iron...

(Image source: Fortescue) Fortescue Green Pioneer is the Port of Singapore.

FMG completes world first use of ammonia as marine fuel

FMG completes world first use of ammonia as marine fuel Fortescue (ASX: FMG) has completed the world’s first use of ammonia, in combination with diesel in the combustion process, as a marine fuel onboard the Fortescue Green Pioneer, in the Port of Singapore. The vessel was loaded with liquid ammonia at Vopak Banyan Terminal on Jurong Island for the trial. In completing this trial, the Fortescue Green Pioneer has received approval from the Singapore Registry of Ships and ‘Gas Fueled Ammonia’ notation by classification society DNV to use ammonia, in combination with diesel, as a marine fuel. The Fortescue Green Pioneer began its journey toward...

Industry-recognised quality ensures durability

Industry-recognised quality ensures durability

AS one of the largest companies in the industry, Altanks’ superior design selection caters for a range of applications, including mine sites and water treatment plants, with its range of industrial, commercial and domestic water storage tanks. The company has positioned itself as the recognised quality standard in the water tank industry, and has installed and serviced tanks in many parts of Asia, every state in Australia, and in virtually every climatic condition. Altanks designs, manufactures and installs a comprehensive range of cylindrical and rectangular water tanks, from 100,000l to 5 million litre capacity. The Altanks water tank range has been designed by certified engineers for durability in some of the most severe climatic conditions worldwide. Some of the company’s...