“Dr Letton’s appointment is a great addition to the TMT board. Her extensive mining experience and technical background will be very important as TMT advances its vanadium development strategies in Australia through the implementation of the Murchison Technology Metals project,” said chairman Michael Fry. Technology Metals Australia Ltd (ASX:TMT) has brought mining engineer and mineral economist Dr Carmen Letton onto
OZ Minerals has provided funding to support in situ recovery studies (ISR) for the Kapunda ISR project located in South Australia, bringing the project owners closer to determining the potential economic extraction of copper resources through ISR. Kapunda is operated by EnviroCopper Ltd, which itself has a joint venture with Terramin, the owner of the multi-family property, to obtain up
Ritchie Bros. has entered into an agreement to provide EMECO with services to disperse surplus mining equipment, partnering with the mining services provider to provide what it says are competitive integrated sales and marketing solutions for the sale of heavy earthmoving equipment. EMECO is one of Australia’s largest independent mining equipment rental companies, providing bespoke earthmoving machinery solutions for mining
Australian miner Oz Minerals said on Monday it had rejected an offer to buy BHP for about 8,300 million local dollars (US$5,735 million or €5,638 million) on the grounds that it was “highly opportunistic” and undervalued the company. Oz Minerals, a copper and nickel miner, said BHP sent a voluntary, conditional and non-binding offer to buy all its shares at
West African Resources has published the results of a feasibility study for its 90% owned Kiaka gold project in Burkina Faso, foreshadowing a potential open-pit mining operation that could support a processing capacity of 8.4 million tonnes per annum. Kiaka is 140km southeast of Ouagadougou and 45km south of the company’s existing Sanbrado gold mine. The mining study at Kiaka
Ford Motor Company has signed a Memorandum of Understanding to supply nickel (Ni) with BHP. The Australian mining company has already signed a nickel supply agreement with Tesla and Toyota. “We are pleased to announce this agreement with Ford Motor Company and, more importantly, to work with them to find ways to make the battery supply chain more sustainable through
Quarterly Report July – September 2015 Key Points Corporate : Cash and Gold in Transit at 30 September 2015 amounting to approximately $23 million; Return of Capital to all shareholders of $0.005 (half a cent) per share completed, totalling approximately $5.7 million; Strategic Review announced following approaches from various parties expressing an interest in asset transactions and other strategic initiatives.
Quarterly Report April – June 2015 Key Points HENTY: Gold production for the year totalled 50,450 ounces – ahead of revised full year production guidance of 50,000 ounces. Gold production for the quarter ended 30 June 2015 totalled 10,419 ounces Cash cost per ounce for the quarter was $AUD 967/oz (full year to 30 June 2015 of $AUD 870/oz). “All
Quarterly Report January – March 2015 Key Points HENTY: Continued strong operational performance from Henty with quarterly production of 15,829 oz gold at a cash operating cost of $650/oz and AISC of $656/oz – continuing to deliver well ahead of plan Head grade increased to 8.3 g/t (5.6 g/t gold in December Qtr) DARGUES: Planning modification submitted- public exhibition period
Quarterly Report October – December 2014 Key Points HENTY: Sustained strong operational performance from Henty with quarterly production of 11,370oz gold at a cash operating cost of $968/oz and AISC of $986/oz – continuing to deliver significantly ahead of plan DARGUES: Preparation for submission of planning modification nearing completion CORPORATE: Continued cash build with $12.3M cash at bank – above
