Tag: copper mining

Stavely hits 40pc Cu

Stavely hits 40pc Cu

STAVELY Minerals (ASX: SVY) has reported “outstanding” shallow, thick, high-grade copper-gold intercepts at its 100pc-owned Thursday Gossan prospect in Victoria, 250km west of Melbourne. The WA company’s shares skyrocketed 264pc to 87.5c with the results that included two intercepts: 32m at 5.88pc copper, and 1g/t gold and 58g/t silver at 62m. The intercepts also included 12m at 14.3pc copper, 1g/t gold and 124g/t silver at 62m down hole, and 2m at 40pc copper, 3g/t gold and 517g/t silver. Stavely said that the current phase of drilling was evaluating near-surface high-grade mineralisation while it reviewed all results and data from the deep diamond drilling at the source porphyry. Stavely described the mineralisation as a “massive to semi-massive sulphide and quartz sulphide...

In the Spotlight: Galileo Mining

In the Spotlight: Galileo Mining

Mark Creasy and Galileo Mining managing director Brad Underwood. Image: Galileo Mining. BY CAMERON DRUMMOND MARK Creasy-backed Galileo Mining is one of the newest exploration companies to list on the ASX, focused on mining battery metals such as copper, nickel, cobalt, platinum and palladium. Cameron Drummond spoke with managing director Brad Underwood about the company’s drilling plans this year, and his take on WA’s position as a leader in battery minerals production. Q: What is your professional history? I have been working as a professional geologist for over 15 years. However, before then I spent some time prospecting for opals and gold and making no money in the process. I realised that a steady pay...

Carrapateena: Countdown to Production

Carrapateena: Countdown to Production

All images: OZ Minerals. BY ELIZABETH FABRI THE final stage of construction has now kicked off at OZ Minerals Carrapateena copper mine, with just over a year left on the clock before commissioning begins. We chat with OZ Minerals managing director and chief executive Andrew Cole about Phase 2 of the construction campaign, power plans for the mine, and exploration potential further afield. Q. Can you describe the work undertaken at Carrapateena to date? Phase 1 construction at Carrapateena is on schedule and in early April, we received approval from the South Australian and Commonwealth Governments for the Carrapateena project, which cleared the way for mobilisation of Phase 2 of construction from mid-April as scheduled....