Lithium has been the recent red rag to many an ASX bull – and the metal does not appear to be losing its lustre. GreenTech Metals is the latest to charge, roaring 347 per cent after discovering lithium rock chips at its Ruth Well project in Western Australia’s Pilbara region. The company’s exploration hit the … [Read more…]
Perth-based graphite explorer and mineral sands producer Mineral Commodities has inked a new deal with the Esperance Tjaltjraak Native Title Aboriginal Corporation (ETNTAC) to move forward with its Munglinup graphite project in Western Australia’s South West region. ETNTAC represents the local Kepa Kuri Wudjari people with ancestral ties to the Munglinup region. The Participation and … [Read more…]
Infinity Mining has uncovered rare earths at its Victor Bore project in Western Australia’s Central Goldfields, with two samples from a recent reverse-circulation (RC) campaign returning results of more than 1000 parts per million total rare earths oxide (TREO). Of the 24 samples submitted from the company’s drill campaign at the operation, one returned a … [Read more…]
Ardea Resources has lodged an international patent application for its innovative mineralised neutraliser at its flagship Kalgoorlie nickel project in Western Australia – Goongarrie Hub. The mineralised neutraliser is the carbonate-bearing saprock which occurs most commonly at the bottom of the nickel-cobalt laterite profile. It contains low-grade nickel-cobalt mineralisation and will be mined as part … [Read more…]
Future Battery Minerals will bank a cool $8 million after its subsidiary completed the sale of a trio of tenements within the Nepean nickel project, where it is an 80 per cent-owner, in Western Australia’s Eastern Goldfields region. Management says the deal now sees it fully-funded for planned exploration activities at its joint venture lithium … [Read more…]
Western Mines Group says its diamond drill program at its nickel-copper-platinum group elements project in Western Australia’s Goldfields region is reinforcing the company’s faith in its Mulga Tank complex. Management now believes its latest drilling has uncovered “clear evidence” of an extensive magmatic nickel sulphide mineral system and big volumes of mineralised ultramafic magma. It … [Read more…]
An impending and material cut to the Northern Territory gas supply is exacerbating the looming East Coast gas crisis. Production at the Blacktip gas field, offshore in northern Australia, has fallen faster than expected, raising fears about energy security both within the NT and further afield. Gas from Blacktip, which is owned by Italian multinational … [Read more…]
Longer-term bullishness about the role nickel will play in the world’s green-energy transition appears to be outweighing its current sluggishness. That is creating the curious conundrum where new discoveries of the lustrous metal are still being greeted with enthusiasm in stock markets, as evidenced this week on the ASX. But more on that later. While … [Read more…]
Dual-metals explorer Surefire Resources is positioning closer to having an impact in the world’s burgeoning battery market after stamping a maiden aluminium oxide resource at its Victory Bore project in Western Australia’s Mid West region. The resource – estimated to contain up to 38 million tonnes of aluminium-hosted ore at a grade of 23.3 per … [Read more…]
Westgold Resources continues to set records at its Bluebird mine in Western Australia’s Mid West region, producing 49,000 tonnes at 4 grams per tonne gold for 6300 ounces in May – an 8 per cent increase compared to April’s figures at the site. The April result had set a new record for mine when it … [Read more…]