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Copper

Apr 12, 2021
Ausmex sinks its fangs into King Brown copper-cobalt find

Ausmex sinks its fangs into King Brown copper-cobalt find

Ausmex Mining Group is ramping up exploration efforts around the King Brown outcrop after costean samples producing high-grade copper and cobalt results. It is only through delays in gaining the mining lease for the nearby Golden Mile gold project outside Cloncurry that the company turned its attention to exploring the King Brown area. Ausmex geologists… ...

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Mar 16, 2021
QMines launches IPO to back copper-gold project

QMines launches IPO to back copper-gold project

A Queensland-based company with plans to revive the Mount Chalmers copper-gold mine near Rockhampton is preparing to list on the ASX by mid-2021. QMines is targeting a $10 million IPO capital raising, plus oversubscriptions, with the funds set to back a major drilling campaign over two years. Its flagship project is the historical Mount Chalmers… ...

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Mar 12, 2021
Cyclone ready to test alkaline leach processing

Cyclone ready to test alkaline leach processing

Cyclone Metals plans to use its Lady Ethleen project in North West Queensland as a demonstration deposit to advance an environmentally friendly alkaline leach processing solution. Cyclone has announced commencement of drilling at the project to obtain samples for trial leaching, saying the work was previously delayed by COVID-19 restrictions. The process to be used,… ...

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Mar 11, 2021
Thalanga survey targets copper-rich mineralisation

Thalanga survey targets copper-rich mineralisation

Red River Resources is increasing exploration activities at its Thalanga operations in North Queensland, targeting copper-rich base metal mineralisation. The program aims to increase production and/or extend mine life at Thalanga, which produces zinc, copper and leadconcentrates, with gold and silver credits. Red River has commenced a microgravity survey, targeting polymetallic and copper-rich mas...

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Mar 10, 2021
Copper gleam in Zenith eyes as exploration accelerates

Copper gleam in Zenith eyes as exploration accelerates

Zenith Minerals executive chairman Peter Bird has described copper as the most underfunded input commodity in the green energy supply chain as the company steps up exploration at Develin Creek and Flanagans. Outlining the work planned in coming weeks at the company’s Queensland copper assets, Mr Bird highlighted the favourable supply-demand balance for red metal… ...

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Mar 02, 2021
Fine for back-pay issue at FNQ mine

Fine for back-pay issue at FNQ mine

The Fair Work Ombudsman has secured $23,750 in penalties in court against the former operator of the Baal Gammon copper mine in Far North Queensland. The Federal Circuit Court has imposed a $20,000 penalty against Baal Gammon Copper and an additional $3750 penalty against company director Denis Reinhardt. The penalties were imposed in response to… ...

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Feb 18, 2021
Mount Flora results ‘exceed expectations’

Mount Flora results ‘exceed expectations’

Duke Exploration says it has again doubled the mineralised area at Mount Flora, within its¬†flagship Bundarra copper project in Central Queensland, after new drill results. The first hole targeting a VTEM (versatile time domain electromagnetic) plate anomaly north of Mount Flora successfully intersected visible copper mineralisation in stacked veins from 47m to a depth of… ...

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Feb 16, 2021
New listing brings Chillagoe package to the bourse

New listing brings Chillagoe package to the bourse

R3D Resources has launched its $4.25 million public offering, boasting a portfolio of Chillagoe copper-gold assets through the acquisition of Tartana Resources. The merged company has a target listing date of March 30 and an indicative market cap of $21 million. Assets include the Tartana copper project, where re-establishing copper sulphate production using the existing… ...

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Feb 13, 2021
Mount Flora blossoms for Duke Exploration

Mount Flora blossoms for Duke Exploration

Results from the first completed line of resource drilling at Mount Flora in Central Queensland have more than doubled the understood zone of copper, silver and gold mineralisation. Duke Exploration this week released the first assay results from the ongoing resource drilling program at Mount Flora, within its flagship Bundarra copper project, about 50km east… ...

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