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[SITUATION] · [QUIET] · [BUSINESS]

3 clusters · 7 sources · 17 days · First seen · Last updated

Global mining and resource sector developments

Overview

Mining and resource companies continue to report various exploration, acquisition, and operational advancements across several regions.

In Australia, exploration activities have expanded significantly. Red Metal Limited applied for 17 additional tenements in Queensland to search for iron oxide-copper-gold deposits across 5,800 square kilometres. In South Australia, Broken Hill Gold doubled its footprint to over 1,500 square kilometres by securing licences for the Manna Hill and Waukaringa goldfields. In New South Wales, Orbit Resources identified two broad zones of strong sulphide mineralisation at the Lewis Ponds project, while Larvotto Resources reported high-grade gold and tungsten intercepts at the Hillgrove antimony-gold project. In Western Australia, PLC Resources completed a drilling campaign at the Rochefort gold prospect, intersecting sulphide zones that align with geological models for potential discovery.

Operational shifts include Accelerate Resources securing 100 per cent control of its Woodie Woodie North manganese project in the Pilbara, eliminating previous royalty and cash obligations.

International developments include Critical Resources reaching an agreement to acquire a 90 per cent stake in the Gonini gold project in Suriname, an announcement that led to a 29 per cent increase in the company’s share price. Additionally, Dateline Resources is seeking to restart its Colosseum gold-rare earths project in California, citing support from United States government departments who argue the project is in the interest of national security.

Entities

PLC Resources · National Parks Conservation Association · Critica Limited · Simon Phillips · New South Wales

Timeline

  1. [BUSINESS] 6 sources
    Australian mining firms report significant gold and mineral exploration progress

    Australian mining firms report major developments: Broken Hill Gold expands its South Australian footprint, Larvotto Resources hits high-grade gold and tungsten in NSW, and PLC Resources advances exploration in

  2. [BUSINESS] 7 sources
    Mining companies announce major exploration and acquisition moves

    Mining firms report major progress: Red Metal expands Queensland copper exploration, Critical Resources enters Suriname gold sector, and Accelerate Resources gains full control of a Pilbara manganese project.

  3. [BUSINESS] 5 sources
    Australian mining and biotech firms announce major developments

    Australian companies report major progress: Broken Hill Gold and PLC Resources advance gold/copper exploration, Critica Limited unveils a massive tin-tungsten resource, and Amplia Therapeutics begins ovarian-f-

Sources

brisbanetimes.com.au · businessday.com.au · dwtonline.com · m.smh.com.au · smh.com.au · theage.com.au · thewest.com.au

This summary has been updated 1 time: see revision history