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Copper

Jul 17, 2021
Energy transition supercycle a bumpy ride for miners

Energy transition supercycle a bumpy ride for miners

Another commodities supercycle is on the horizon and the winners will be the industrial metals needed to electrify society, say industry analysts Wood Mackenzie. Rather than fossil fuels leading the charge, this time commodities such as cobalt, lithium, copper, nickel, and aluminium will be in the vanguard.  The Wood Mackenzie report ‘Champagne supercycle: Taking the… ...

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Jun 24, 2021
‘Outstanding’ copper-gold results for Carnaby

‘Outstanding’ copper-gold results for Carnaby

Carnaby Resources has intersected broad zones of copper-gold mineralisation at Nil Desperandum as it continues an exploration campaign at its Greater Duchess project in North-West Queensland. They extend over 300m and are open at depth, with one drill hole producing a result of of 30m at 1.8 per cent copper within 56m grading at 1.2… ...

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May 19, 2021
Mount Chalmers yields bonanza grades for new owner

Mount Chalmers yields bonanza grades for new owner

QMines’ maiden diamond drilling program at the former Mount Chalmers mine near Rockhampton has produced ‘outstanding’ high-grade copper and gold results. The recent program delivered bonanza grades including 13.4 per cent copper, 6.11g/t gold and 31g/t silver in a 0.75m intersection from 132.6m downhole, the company said. “Some outstanding results from our maiden diamond drilling...

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Apr 23, 2021
Hammer builds war chest to advance copper-gold finds

Hammer builds war chest to advance copper-gold finds

Hammer Metals is pulling together a $6 million war chest to back an aggressive Mount Isa region copper exploration program following its Trafalgar discovery. The company has received firm commitments to raise $5 million under a share placement and will also launch a share purchase plan to existing shareholders to raise up to $1 million… ...

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Apr 17, 2021
New large-scale targets at MaCauley Creek

New large-scale targets at MaCauley Creek

Inca Minerals says it has identified major new porphyry and skarn targets at its MaCauley Creek project, significantly upgrading its exploration potential. It follows an expert review of historical geophysical data, together with geochemistry data (soil and rock chip sampling) collected by Inca and by previous owners of the site, 100km west of Townsville. Among… ...

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Apr 16, 2021
Copper Dome survey reveals positive results

Copper Dome survey reveals positive results

A recent geophysical survey has proven to be good news for Rockfire Resources and its Copper Dome project in Central Queensland. The company said the helicopter survey had returned a much larger target than previously thought at the porphyry copper project. Rockfire Resources said the revised target, based on the new survey information, had increased… ...

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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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Apr 07, 2021
Hammer Metals footage showcases Trafalgar find

Hammer Metals footage showcases Trafalgar find

Hammer Metals has released a video providing an overview of its recent Trafalgar copper-gold discovery and the surrounding trends in North-West Queensland.  In an area littered with historical workings, the company has reported broad copper and gold intercepts. Significant intercepts from two holes drilled in December included 55m grading at 1.12 per cent copper and… ...

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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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