News Articles for Skylark Minerals

Subiaco-based junior Ironbark Zinc has appointed former Nordgold boss Nikolai Zelenski as its executive-chair elect, along with announcing plans to raise $10 million.

Our board moves wrap includes Chris Mews, Rachel Kerr, Shelby Coleman, Hasaka Martin, Andrew Metcalfe, Brad Marwood, Jon Edwards, Bruce Garlick, Johnathon Busing, Peter Huljich, Tolga Kumova, Blagojce Pavlovski, Tony Bevan, Sergio Duchini, Sam Wright, Neville Bassett, Michael McFadyen, Su-Mei Sain, and Nick Cernotta.

AVZ plans to spend $75 million raised from institutional investors to start early site works at its Manono project but conceded a mining licence was taking longer than previously anticipated.

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Our board moves wrap includes Samaila Zubairu, Taiwo Adeniji, Danny Segman, Kell Nielsen, and Wayne McGrath.

Matt Callahan has re-joined the board of Botanix Pharmaceuticals as an executive director following the decision by Robert Towner to step down as non-executive director.

Our daily board moves wrap includes David Varcoe, Mark Maine, Neville Bassett, David Porter, Marc Ducler, Kelvin Flynn, David Berg, Brendon Morton, Jonathan Downes, Gary Comb, Klaus Eckhof, Michael Montgomery, David Nour, Patrick Burke, Michael Davy, Jurie Wessels, and James Clement.

Australian Agricultural Projects has advised of the sudden and unexpected passing of non-executive director Phillip Grimsey, who has served on the board since 2007.

Ironbark Zinc has appointed Michael Jardine to drive its zinc-lead project in Greenland from the Managing Director's chair. Mr Jardine has a technical background in a range of industries including corporate development in mining and investment banking and looks well placed to take the helm at Ironbark. Former M.D and Ironbark prime mover Jonathon Downes will stay on as a Non-exec director.

Our daily board moves wrap includes Pierre Fallourd, Geoff Newman, Gino D'Anna, Brett Fraser, Frederick Hess, Peter Bennetto, Rick Crabb, David Riekie, Angus Middleton, Stephen Jones, and Mark Borman.

Ironbark Zinc's proposed, scaled-back 1Mtpa Stage I development of its Citronen base metals project in northern Greenland will benefit from head grades of up to 10.4% zinc/lead during the first year of operation. The company plans to lower the upfront capital costs for the project by targeting the shallow high-grade Beach Zone mineralisation, while still allowing for an expansion to the original feasibility study output of 3.3Mtpa in Stage II.

A summary of last week's smaller deals that did not get included in our daily news coverage.

Ironbark Zinc is considering the potential for a high-grade development with a targeted 1Mtpa production rate and lower capital cost for its giant Citronen zinc project in Greenland. The starter project would target most of the shallow Beach Zone of the Citronen resource that is also in the measured resource category, while allowing for an expansion to the original feasibility study output of 3.3Mtpa.

Ironbark Zinc has identified a strong, broad bedrock anomaly at the proven, large-scale Jerangle base metals prospect at its multi-element Captains Flat project in NSW from preliminary interpretation of its recent helicopter-borne electromagnetic survey. Interpretation of the data is ongoing with a final report with drill targets expected shortly.

Ironbark Zinc has applied for two new exploration licences covering 400 square kilometres that may host potential extensions of its giant Citronen zinc project in Greenland. The licences cover mineralised outcropping gossans over an extensive region on the interpreted source fault that aligns with the trend of the broad Citronen ore system.

Ironbark Zinc has kicked off a helicopter-borne electromagnetic survey to gain a better understanding of the large-scale Jerangle prospect at its Captains Flat multi-element project in New South Wales. Earlier drilling by the company returned significant base metal intercepts such as 4.4m @ 12.05% zinc , which follows up on historic drill results.

Ironbark Zinc has signed a memorandum of understanding with industrial machinery company Metso Sweden for the provision of services and equipment at the giant Citronen zinc project in Greenland. The agreement also enables Metso to commence engineering tasks that are required before the completion of detailed engineering of processing equipment, which includes providing technical specifications for third party equipment.

ASX listed Ironbark Zinc has moved to prove up the viability of shipping ore from its Citronen zinc project in Greenland following the arrival of the contracted Nunavik icebreaking cargo ship at the site in the country's north. The ease with which the Nunavik achieved this goal has increased the company's confidence in being able to operate the project as a regular mine despite its relatively remote location.

Ironbark Zinc has received expressions of interests from financiers who are looking to move towards more formal discussions about possibly financing the company's giant Citronen Zinc project. The expressions of interest came after Ironbark management wrapped up a series of site visits to Citronen with interested parties. The company has also started preliminary site works at the project in anticipation of a positive outcome.

Ironbark Zinc has received a study indicating that there is valuable “germanium” present in the lead minerals at its Citronen project in Greenland and that the metal is likely to be part of the planned lead concentrate. The study by the University of W.A indicated that germanium is associated with the pyrite and the company is planning to carry out further test work to determine if the grades are payable.

ASX listed Ironbark Zinc has signed a Memorandum of Understanding with Byrnecut Offshore for the provision of underground contract mining services and underground mine cost modelling for the Citronen zinc project in Greenland. Byrnecut will also provide the underground mining fleet, hold the debt and security over the equipment and assist with the company's training and employment obligations.

Ironbark Zinc has chartered the world's largest icebreaking ship to demonstrate its proposed logistical solution and validate the shipping route for its giant Citronen zinc project in Greenland. It has also received an encouraging level of interest from a broad range of potential investors and is arranging site visits as part of the due diligence process.

Ironbark Zinc's Citronen project is rapidly moving from the drawing board to ground-breaking reality as the Perth-based company prepares to ship equipment to Greenland during the northern hemisphere summer. Landed cargoes, scheduled for mid-August, will trigger the start of the mine construction phase aimed at fulfilling the production potential of one the largest undeveloped zinc projects in the world.

Ironbark Zinc has engaged an army of experienced mining operatives, tasked with catapulting its giant Citronen Zinc project into production in Greenland. Ironbark's newly hired production team have experience in everything from project finance to mine scheduling to plant construction and the company now looks to be on the home straight. The Citronen project remains one of the largest undeveloped zinc projects in the world.

Westgold Resources Limited (ASX:WGX) (Westgold) is pleased to advise that its wholly owned subsidiary, HBJ Minerals Pty Ltd (HBJ) has signed mining tribute agreement over Cannon Mine area.

Four Perth-based miners have tapped investors for more than $30 million, with Panoramic Resources raising $20.9 million for its Savannah nickel project in the Kimberley.

Ironbark Zinc has moved closer to a development of its Citronen zinc-lead project in Greenland after appointing a leading global corporate finance adviser to line up finance for the US$514m project. A feasibility study in September delivered an outstanding set of numbers for Citronen, which has emerged as one of the world's best undeveloped zinc projects just as zinc stocks head for critical lows on the LME.

Local explorer Bass Metals has restructured its management team after acquiring a graphite mine in Madagascar and kicking off a $5.5 million capital raising.

Ironbark Zinc says it has lodged a formal application for a 30-year mining licence with the Greenland government for its Citronen base metal project.

Subiaco-based gold and metal base explorer Ironbark Zinc has announced a $2.5 million capital raising for permitting and pre-development works at its Citronen zinc project in Greenland.

Ironbark Zinc shares jumped on the ASX today, after it released a report indicating the viability of its Citronen base metals project in Greenland.

FTI Consulting and Professional Public Relations are the top financial PR firms in Perth, WA Business News' annual corporate finance survey has found.

Ironbark Zinc has lined up a $US50 million funding facility with international commodities trading house Glencore International to fund its strategy of growth and diversification through acquisitio

A Chinese government-backed construction company and Allmine Group subsidiary Arccon have signed a non-binding agreement with Perth-based Iron Bark Zinc to facilitate the development of the Citrone

Shares in Ironbark Zinc surged higher after major shareholder Nyrstar lifted its interest to more than 30 per cent by subscribing to $15 million worth of securities.

Global company Nystar will pay $6.6 million to buy a major stake in Subiaco-based Ironbark Gold, and has agreed to a life-of mine offtake deal for the latter's Citronen lead-zinc project.

Global commodities supplier Glencore International AG has become the largest shareholder in Subiaco-based zinc and base metals explorer Ironbark Ltd.

Subiaco-based zinc explorer, Ironbark Ltd, has raised $5 million through a placement of 7 million shares at 71 cents each with Africa's largest banking group, Standard Bank.

Ironbark Ltd has announced plans to divest its gold assets into wholly owned subsidiary, Waratah Gold Ltd, a gold explorer with an ambition to list on the Australian stock exchange.