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Docklands · DocklandsImage: r.classen/shutterstock.comGold Road Resources has ended discussions with Orion Resource Partners, a global alternative investment firm, to acquire its 40 per cent stake in the Greenstone Gold Mines. The announcement comes a week after Gold Road responded to media speculation that it would acquire a substantial interest in the operation. The Greenstone Gold Mines are located in Ontario, Canada and is currently held in a joint partnership …See the Story
Gold Road exits Greenstone talks - Australian Mining
Docklands · DocklandsRamelius’ Mt Magnet gold mine.
Image: Ramelius Resources
Ramelius Resources and Northern Star have reported strong March quarters, setting both miners up for a more records in June. Ramelius Resources Ramelius Resources has ended the March quarter with a bang, reporting record quarterly gold production of 86,928 ounces. The amount was well above the the implied guidance range of 70,000–77,500 ounces and has lead Ramelius to upgrade its 2023–24 …See the Story
Positive quarters for Ramelius, Northern Star - Australian Mining
Docklands · DocklandsThe Honeymoon uranium project. Image: Boss Energy.Boss Energy has produced the first drum of uranium from its Honeymoon uranium project in South Australia. The achievement is part of Boss’ commissioning process at Honeymoon, which will see production ramp up to 2.45 million pounds (Mlb) of triuranium octoxide a year. Boss Energy managing director Duncan Craib described the first uranium drum as a major milestone for the company. “As well as mar…See the Story
Boss produces first uranium drum from Honeymoon - Australian Mining
Coal · DocklandsPort Hedland, WA. Image: Adwo/shutterstock.comA new report, ‘The Economic Significance of the Port of Port Hedland’, found that the Port of Port Hedland supported one in nine full time jobs in the 2022–23 financial year (FY23). The report was compiled by ACIL Allen for the Port Hedland Industries Council (PHIC). It found that the Port of Port Hedland and the trade it facilitated contributed $103 billion to Australia’s gross domestic product (GD…See the Story
Port of Port Hedland grows WA economy - Australian Mining
Docklands · DocklandsImage: Monthira/stock.adobe.comThe ore reserve estimate for the Mount Gibson gold project in the Murchison region of Western Australia has been increased by 26 per cent, or 380,000 ounces (oz). Capricorn Metals upped the Mount Gibson ore reserve to 61.6 million tonnes at 0.9 grams per tonne of gold for 1.83 million ounces (Moz). The updated ore reserve estimate remains shallow with an average depth of 160m, a maximum depth of 260m and operating…See the Story
Capricorn’s Mount Gibson shines bright - Australian Mining
Mining · DocklandsThe Pilgangoora operation. Image: Pilbara MineralsPilbara Minerals saw lithium prices and performance hold steady throughout the first quarter of 2024. The major saw solid operational performance with production volume of 179.0 thousand dry metric tonnes (dmt) of spodumene concentrate in the quarter. While revenue declined 27 per cent to $192 million compared to the prior quarter, March set a new monthly production record with over 80,000 dmt p…See the Story
Pilbara Minerals holds steady - Australian Mining
Docklands · DocklandsThe MF550 hydrostatic transmission. Image: Bestech Australia.The MF550 hydrostatic transmission training simulator is the new portfolio release of a fluid power training system from Bestech Australia, which is specifically designed for teaching technicians to troubleshoot industrial hydrostatic transmission systems. This unit was developed to address the technical gaps and upskill fluid power technicians. Therefore, it offers the students a han…See the Story
MF550: Single motor hydrostatic transmission training simulator - Australian Mining
North Carolina · North CarolinaImage: fizkes/stock.adobe.comMineral Resources (MinRes) and Albemarle have detailed their recent contributions to local communities in Western Australia and North Carolina, US near Albemarle’s Kings Mountain lithium mine. MinRes The Wanderer program has helped more than 300 people obtain their provisional licences in Western Australia. In 2021, MinRes partnered with the McGovern Foundation to create the Wanderer program, a free driver mentor pr…See the Story