Supermarket chain Coles has overtaken BHP as the No. 4 most valuable Australian brand, according to the latest report from Brand Finance Australia. The only mining brand in the top 10, BHP dropped to fifth position this year following a 17 per cent decrease in brand value to about $7 billion, the brand valuation consultancy group said. It put this down to a greater economic risk across th...
Tablelands Mining Group aims to build an iron ore resource to support a mining operation over at least 10 years after adding a clutch of new tenements to its North Queensland ground. Company managing director Anuj Timblo said 2021 would be focused on drilling and analysis across a majority of TMG’s tenements to hopefully develop sufficient resources to mine. Its assets include the previou...
Laneway Resources has announced the first gold pour from ore being processed from the current mining campaign at its Agate Creek mine in North Queensland. An initial gold doré bar of about 3.2kg has been poured at the Lorena CIL (carbon in leach) processing plant near Cloncurry, sourced from the first strips of gold recovered to CIL carbon. Laneway said gold recovered by the gravity and in...
The very last Holden to roll off the manufacturing line in Australia is going under the hammer this weekend, with bids expected to reach half a million dollars. “We are very excited to offer the very last Holden ever framed, stamped and painted in Australia,” Lloyds Auctions chief operations officer Lee Hames said. The 2017 Holden VF Series II SSV Redline, a piece of Australian auto...
Carnaby Resources says the decision on whether to mine Tick Hill, 110km south-east of Mount Isa, is a step closer after compelling recent drill results. Recent reverse circulation drill results confirmed that the Tick Hill main lode extended 20m into the northern wall of the existing open pit at the former gold mine, the company said. Results included 1m grading at 12.45 g/t gold, 1m at 7....
Hammer Metals is extending a drilling program at the Mount Isa East JOGMEC joint venture with additional holes to follow up the copper and gold discovery at the Trafalgar prospect. 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. Taking advantage of rig availabil...
Building modern coal-fired power stations and funding exploration to help unlock oil reserves are among the recommendations in a plan released by National Party MPs to boost Australian manufacturing. The National Party’s Backbench Policy Committee released the Manufacturing 2035 document, featuring a nine-point plan with the goal to double the employment in Australian manufacturing. It ...
Latest trade data confirmed the resilience of Australia’s resources sector, with coal exports on the rise despite recent global challenges, Minister for Resources, Water and Northern Australia Keith Pitt said. Mr Pitt said the value of Australian coal exports in December increased by an impressive 26 per cent from November. “Coal was worth $3.7 billion to the Australian economy in Decem...
Ausmex Mining Group says it is stepping closer to gold production in the Cloncurry area, with infill drilling to be completed at Golden Mile by the end of the month and upgraded resources estimates to follow. The company is focusing on the three most western of the eight historical gold mines in its Golden Mile project – the Comstock, Falcon and Shamrock sites. It said it planned to c...
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