Barrambie ‘also highly prospective for gold’: Neometals
WEB5 hours ago · An exploration target has been calculated along the 40km strike of the Barrambie Greenstone Belt within Neometals’ tenure from between 8 million tonnes at 1.3g/t gold, and 10.5 million tonnes at 2.3g/t gold, for an implied 335,000 ounces to 775,000 ounces of gold. Neometals says the potential quantity and grade of the exploration target is ...
Ebbs and flows: Australia’s mining outlook - Mining.com.au
WEBDec 22, 2023 · Resource and energy exports are forecast to be $408 billion in 2023–24, down from a record $466 billion in 2022–23. “Weak demand and improved global commodity supply imply a fall in prices, more than offsetting the impact of a forecast small rise in export volumes. Export values are forecast to fall by 15% to …
Metro Mining: ‘The most important’ overlooked critical metal
WEB7 hours ago · As Simon Wensley, CEO of bauxite miner Metro Mining (ASX:MMI) says, aluminium, along with copper, is probably “the most important element” of the critical materials required for clean energy. Yet in Australia, aluminium and the key component that makes it – bauxite, did not make the list of 31 materials deemed critical to the country.
News Archives - Mining.com.au
WEB6 days ago · Recent Articles. Western Mines lands 'best high-grade' nickel hit yet at Mulga Tank 17 September, 2024 High-grade antimony discovery at Herberton: Iltani Resources CEO Donald Garner explains 17 September, 2024. Hertz Energy CEO Kal Malhi on critical minerals: Lithium, uranium, and antimony projects 17 September, 2024. Alma Metals tops up coffers to expand Briggs drill program 17 September, 2024
Calidus awaits creditor decision as Creasy swoops
WEB7 hours ago · West Coast Gold is in turn owned by Creasy’s Yandal Investments, which had assets worth around $1.3 billion at the end of June 2023. In July this year, Creasy cut a deal to purchase $149 million worth of debt owed by Calidus to Macquarie Bank through a loan and hedging facility. “Given only one DOCA proposal is currently capable of ...
Opinion: Australia’s banks need to embrace mining again
WEB1 day ago · As the global economy races towards a greener future, Australia’s banks are facing a pivotal decision: whether to continue shunning mining companies in pursuit of net zero goals or embrace the sector as a critical enabler of the green transition. That initial net-zero thinking has been a pressure point for the nation’s big four banks in the ...
Trigg shares rally on ‘ultra high-grade’ antimony buy
WEB6 hours ago · Trigg Minerals (ASX:TMG) has witnessed rising investor interest after inking a binding agreement with Bullseye Gold to acquire the “ultra-high-grade” Taylors Arm and Spartan antimony projects in northern New South Wales.. Shares surged as much as 35% to an intra-day peak of $0.027 last Friday (20 September) following the news, which included mention of antimony grades of up to 63% ...
Metro Mining eyes 2024 production of up to 6.8 million tonnes
WEBMar 26, 2024 · Metro Mining (ASX:MMI) has set a 2024 bauxite production target of between 6.3 million and 6.8 million wet metric tonnes, as the wet season weakens and production resumes. Metro, which has a $173.14 million market capitalisation, began remobilising production, services, and contractor teams back to site this week ahead of a mining restart ...
Australia must spend $2.4 trillion to meet 2050 net zero target
WEBAug 21, 2024 · BloombergNEF (BNEF) says the window for achieving net zero by 2050 is closing fast, but Australia can still make the deadline with a $2.4 trillion investment and urgent scale-up of clean technologies. In its New Energy Outlook: Australia report, BloombergNEF says Australia must rapidly increase renewable energy capacity by 135% before 2030, to ...
Australian minerals sector delivers record tax, royalty payments
WEBMay 27, 2024 · In FY 22-23 Australia’s minerals sector contributed $42.5 billion in company tax and a decade-high $31.5 billion in royalties, according to the Royalty and Company Tax Payments report. The Minerals Council of Australia (MCA) says these record tax and royalty payments reflect the sector’s commitment to paying its “fair share.”.