fbpx

Isa-Carpentaria

Jan 21, 2021
New Century approach shaves cost off rehab dues

New Century approach shaves cost off rehab dues

The Queensland Government has agreed to a $14.1 million reduction in the Estimated Rehabilitation Cost (ERC) associated with the Century mining operations in the lower Gulf. Project owner New Century Resources has welcomed the move as recognition of its economic rehabilitation model at the site, where it is reprocessing tailings from previous operations. It said the cut took the ERC to a to...

Read More
Jan 20, 2021
Hammer hails Trafalgar  copper-gold discovery

Hammer hails Trafalgar copper-gold discovery

Hammer Metals has reported broad copper and gold intercepts confirming a new discovery at the previously undrilled Trafalgar prospect within its Mount Isa East Joint Venture tenements. Significant intercepts from two holes drilled in December included 55m grading at 1.12 per cent copper and 0.30g/t gold and 32m grading at 1.04 per cent copper and 0.25g/t gold. The two holes for 368m were dr...

Read More
Jan 19, 2021
Castillo turns from NSW assets to focus on Big One

Castillo turns from NSW assets to focus on Big One

Castillo Copper is looking to sharpen its focus on its Mount Oxide project in North West Queensland, with plans to divest its Broken Hill Alliance (BHA) project in New South Wales. The move followed a strategic review, factoring into account the excellentrecent drill results from Big One deposit at Mount Oxide, the company said. It is considering divestment opportunities including a possibl...

Read More
Jan 18, 2021
Gulf zinc operation hits production milestone

Gulf zinc operation hits production milestone

New Century Resources is celebrating a major milestone, producing its 500,000th tonne of zinc concentrate since restarting operations at the Century mine site in August 2018. The company also announced that it had executed a zinc price hedging program for the remainder of this financial year, securing contracts to guarantee a floor price of $US1.20/lb ($US2,645/t) for all sales in the March q...

Read More
Jan 14, 2021
CopperString plan aired for public scrutiny

CopperString plan aired for public scrutiny

The draft environmental impact statement (EIS) for the $1.7 billion CopperString 2.0 project is open for public submissions until February 12. The high-voltage 1100km transmission line planned by CuString is expected to support more than 750 jobs during construction and will help further open up the North West Minerals Province. The Coordinator-General will consider all submissions as par...

Read More
Jan 11, 2021
Castillo builds confidence in Big One deposit

Castillo builds confidence in Big One deposit

Castillo Copper has released what it describes as ‘game changing’ assay results confirming a major copper discovery at Big One deposit. The latest results significantly extend known mineralisation and clearly confirm there is a high-grade, shallow scalable copper system at the North West Queensland site, the company says. It is accelerating development plans for the deposit, wit...

Read More
Jan 04, 2021
What next for Queensland Mining?

What next for Queensland Mining?

The Department of Resources’ Geological Survey of Queensland (GSQ) held a two-day workshop at Mount Isa’s Ibis Hotel last month. The workshop outlined the results of a huge investment in data collection and what it could mean for industry by way of minimising the risk in investing in new mineral developments. The data could be leveraged for return thousands of times as working projects,...

Read More
Dec 18, 2020
Ausmex firms plans for Comstock gold start

Ausmex firms plans for Comstock gold start

Ausmex Mining Group is continuing to head for an early 2021 start to production at its Comstock gold mine, after a final draft feasibility study indicating a ‘highly robust return on investment’. Comstock is an historical high-grade gold mine that forms part of the Golden Mile project area and lies about 500m north of the Ausmex flagship Mount Freda project near Cloncurry. Aus...

Read More
Dec 10, 2020
Hammer launches fresh North-West drilling program

Hammer launches fresh North-West drilling program

Hammer Metals is carrying out a 2200m reverse circulation drilling program in the Mount Isa region from this week for the JOGMEC joint venture. Ten holes are planned including follow-up drilling at the Shadow and Toby prospects testing zones of strong magnetic and electromagnetic anomalism. Initial drilling is planned at previously untested zones at Even Steven South,Trafalgar, Charlie, Alp...

Read More
Menu