Strata Minerals spends a gold Penny on acquisition
WEB19 hours ago · Strata, formerly NickelX, paid a total of $60,000 in cash and issued 3 million shares — also worth $60,000 at $0.02 each — to Aurum Resources (ASX:AUE) in exchange for the Penny South Project. A deferred cash payment of $500,000 will also be paid should Strata identify a resource measuring 50,000 ounces of gold at …
Miners lead as ASX continues climb - Mining.com.au
WEB15 hours ago · Miners lead as ASX continues climb. The S&P/ASX 200 opened 48.20 points, or 0.59%, higher at 8,260.40 points on Monday (30 September) on continued hopes that the Reserve Bank of Australia will join the wave of other countries cutting interest rates. Materials led the charge up with a 9.37% gain, while energy shifted up 1.27%.
Great Western’s high expectations circle back to Oval
WEB16 hours ago · Great Western Exploration (ASX:GTE) has completed preparations for an upcoming drilling program at the Oval and Oval South copper-gold targets, as part of the Yerrida North Project in Western Australia. The four hole diamond drilling program is scheduled to begin in two weeks once access has been re-established after heavy rainfall at …
Exploration News - Mining.com.au
WEB5 days ago · Trigg launches maiden exploration campaign at Taylors Arm. Trigg Minerals (ASX:TMG) is set to begin its first-ever exploration... 25 September, 2024. Copper.
News Archives - Mining.com.au
WEB5 days ago · Mineral Resources offloads stake in Onslow haul road for $1.1 billion. Mineral Resources (ASX:MIN) has sold a 49% stake in its... 25 September, 2024. Commodities.
Gold News - Mining.com.au
WEB3 days ago · Great Boulder hits up to 194.50g/t gold at Mulga Bill. Great Boulder Resources (ASX:GBR) is anticipating it will be able... 25 September, 2024. Western Australia.
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 …
Costs a major focus for miners in 2024 - Mining.com.au
WEBIt’s been a tough start to 2024 for most major miners except those operating in the uranium space with commodities yet to record a winning week within the Bloomberg Commodity Index. The index tracks the performance of 24 major commodity futures spread almost evenly between energy, metals, and agriculture trading lower by about 1% so far this ...
Does Australian mining have a sovereign risk problem?
WEBAug 29, 2024 · That might be tricky to prove, but the upshot is that — broadly speaking — Australia remains a very good place indeed to be a mining company, with little actual sovereign risk. And with a range of new reforms due for implementation, such as a new national standard for First Nations consultation, perhaps this was a …
Morella confirms Mallina mineralisation understanding
WEBMorella Corporation (ASX:1MC) reports drilling assay results from the Mallina Project in Western Australia have confirmed and improved its understanding of the mineralisation previously identified within the Pegmatite 2 area. The global Lithium explorer completed the drill program at Mallina resulting in 66 holes totalling 3,754m, showing significant grade intercepts in 42 holes along the […]