Mining Bulletin

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Mining Bulletins

The full story: In-depth news and analysis

Explorer Santana Resources has highlighted significant near-term potential for further resource growth at its 100%-owned Bendigo-Ophir project in New Zealand’s South Island after drilling assays consistently surpassed past average grades at its Rise and Shine deposit.

Global miner/marketer Glencore has reached binding agreement on the $US1.1B-plus-royalty sale of long-lived Cobar underground copper mine in Australia to special purpose funder Metals Acquisition Corporation.

Newcrest Mining has given the go-ahead for the next stage development of its flagship Cadia gold and copper mine in NSW, Australia after completing a feasibility study on its panel cave PC1-2 development.

Battling West Australian miner Gascoyne Resources will turn its focus to a financial restructuring and progressing higher-grade exploration assets to support a long-term mining plan after the sudden shutdown of its flagship Dalgaranga mine.

Australian-based miner Firefinch has given up on its efforts to recapitalise its 80%-owned Morila gold mine in Mali, almost certainly sending the mine once known as “Morila the Gorilla” into insolvency.

New laboratory assays have doubled the size of the zinc soil anomaly target at critical minerals explorer Stelar Metals’ Linda zinc project in South Australia’s Flinders Ranges, with the scale and DSO grade indicating its potential for economic mineralisation at depth.

Australian miner Red River Resources has appointed administrators to its Thalanga zinc-copper-lead mine to tackle threats to its solvency due to continuing performance issues following a fall of ground incident nearly three months ago.

Explorer Mallee Resources has joined the ranks of Australian nickel sulphide producers after making a successful start to the commissioning of the processing plant at its 100%-owned Avebury project in Tasmania.

Australia mining and services company Mineral Resources is continuing to evaluate “strategic options” for its rapidly growing lithium hard rock operations in the Pilbara and Goldfields regions of WA.

West Australian explorer Cavalier Resources reports encouraging results in recent drilling that targeted extensions to the existing resource area at its 100%-owned Crawford gold project at Leonora.

West Australian explorer Cannon Resources has identified 55 areas of interest including potential targets for shallow geochemistry following analysis of historical geophysical data at its Collurabbie nickel-copper-PGE and gold project.

Elevate Uranium has raised the potential to add significantly to its maiden 20.3Mlb U3O8 inferred mineral resource at its Koppies project in Namibia with the identification of a mineralised zone extending over 10km and up to 1,000m wide.

Australian miner Aurelia Minerals has outlined the starting physical and economic picture for the development of an underground mine at its high-grade, low-cost Federation polymetallic deposit in the Cobar Basin of central-western New South Wales.

The first assays of visibly mineralised pegmatite rock samples have validated the potential for significant lithium mineralisation at St George Mining’s Mount Alexander project in the NE Goldfields of Western Australia.

Australian explorer Kingsland Minerals has laid the foundation to grow the footprint of the Cleo uranium mineralisation based on initial assay results from its maiden drilling program in the historic Pine Creek mining region in the NT.

Australian explorer Belararox is considering the release of a mineral resource estimate next month as it progresses metallurgical testwork on targets at the historical Native Bee mine site, part of its 100%-owned Belara project in NSW.

Australian explorer Magmatic Resources has made an impressive start to its drilling campaign on the Corvette prospect at its Myall licence in NSW, delivering the highest-grade, broadest and deepest mineralised interval. Ross Louthean reports

Australian explorer Siren Resources is following up the potential for an underground development of Sams Creek, New Zealand's largest undeveloped gold project.

South African-based Harmony Gold Mining reached agreement on the $230M acquisition of the Eva copper-gold project from Canadian owner Copper Mountain Mining, diversifying its commodity range and risk profile.

New Talisman Goldmines holds meetings with a range of industry specialists as it moves into detailed preparations for its strategic plan to produce gold from its NZ mine in 2023.

High-grade assays from field exploration at Winsome Resources' Adina project in Quebec, Canada underline the potential for its co-development alongside its flagship Cancet project.

Australian explorer Southern Cross Gold says intersections of extremely high grades of gold at its Sunday Creek project in Victoria bodes well for better grades continuing at depth.

JV partners Sheffield Resources and Yansteel near a final investment decision on the Thunderbird mineral sands project in Western Australia with the completion of project funding and mining contract agreements. John Feary reports

South Australian explorer Marmota is launching a quick follow-up drilling campaign after assaying delivered bonanza gold grades at its Aurora Tank discovery in the Gawler Craton.

Australian explorer Carnaby Resources declares it's "only at the start" of unlocking the potential of a new mining province in the Mount Isa region of Queensland following more high-grade drill results at its Mt Hope copper prospect.

Australian tin producer Metals X has reinforced its strategy of increased near-mine exploration at its 50%-owned Renison operation in Tasmania, intersecting a significantly mineralised zone in recent surface exploration drilling.

West Australian explorer Moho Resources has elevated the potential of its Burracoppin tenements in the Wheatbelt region after identifying several areas of anomalous rare earth elements.

The Speewah project in Western Australia's north Kimberley region is shaping up for a potentially long mine life for 100%-owner King River Resources based on its largest vanadium-in-magnetite deposit.

Australian miner OZ Minerals has delivered a final investment decision on the $A1.7B development of its West Musgrave copper-nickel project in WA with expectations of it being one of the world’s largest, lowest-cost and lowest-emissions operations of its kind.

Major Russian gold and silver producer Polymetal International continues to explore asset realignments to reduce its exposure to the impacts of global sanctions due to the Ukraine invasion.

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