Public Company News

TNT Mines has exploded onto the gold scene in Western Australia acquiring privateer Warriedar Mining along with its two strategic goldfields projects and its well-credentialed chairman, Alex Hewlett. Hewlett shot to fame on the back of his recent success with Spectrum Metals.

ASX-listed equatorial Africa lithium hopeful, AVZ Minerals, has finally made solid headway in its efforts to set up a Special Economic Zone agreement inside the Democratic Republic of the Congo. If ratified, the agreement would enshrine significant tax concessions to the company in relation to its 75 per cent owned Manono lithium and tin project in the DRC.

Lindian Resources has signed an agreement to acquire the Woula bauxite project in Guinea, scooping up a 75 per cent holding in the near-term production asset. The project sits just 10km from an established mine haul road linking it to a nearby export port facility at Katougouma. The high-grade resources at Woula could potentially be mined for direct shipping ore, rapidly transforming Lindian from an emergent developer into a bauxite producer.

ASX-listed aspiring gold producer, Calidus Resources, remains on track for the main construction phase of its new $120 million Warrawoona mine development in WA’s East Pilbara to kick off in the first quarter next year with steady progress being made in the project’s early capital works program. The company says it has also ordered long lead items including a SAG mill.

ASX-listed gold and base metals explorer, Comet Resources, has reached a breakthrough agreement that frees it up to proceed with exploration at the historic Barraba copper project along the Peel Fault line in the New England Fold Belt region, NSW.

ASX-listed agribusiness developer, Alterra Ltd, has reached a significant milestone at its planned 300-hectare Carpenters avocado development in Pemberton, WA, with the company planting the first batch of avocado trees across an initial five hectares of land.

Emu NL has wasted no time and hit the ground running across its recently acquired suite of gold and nickel projects in southern WA. The company has put its exploration team in play at the 8 Mile project near the Menzies gold mining centre north of Kalgoorlie, while it makes preparations to commence extensional drilling at the high-grade Gnow’s Nest gold deposit south of Yalgoo.

Entering the final stretch ahead of its much-anticipated ASX listing, Barton Gold is shaping up as a serious player on Australia’s gold exploration scene. The company has lifted the lid on a 73 per cent resource upgrade at Tunkillia and seems destined to join the million-ounce club, unveiling a massive 965,000-ounce resource at the project.

ASX-listed explorer, Impact Minerals, has discovered zones of visual copper-nickel sulphides at the Plat Central prospect within its Broken Hill project in NSW. The company was again guided by its proprietary geochemical ratio exploration tool that it says can vector in on higher-grade base and platinum group metals mineralisation.

St George Mining has come up trumps again at Mt Alexander in WA with two fresh downhole EM conductors turning up in the latest diamond drill hole at its aptly named West End prospect. Less than 1km north-west of known massive sulphides, the prospect presents a tantalising target for the John Prineas-led explorer in an area where there has been no previous drilling.

PolarX has laid out a schedule for when the company expects to be receiving further copper and gold results from its Alaskan discovery at Zackly. It would appear that on top of the challenges posed by exploration in the wilds of the arctic, the current surge in exploration activity across the globe has caught many laboratories by surprise, with delays in reporting being experienced by most mining and exploration companies.

CZR Resources is marching towards completion of a pre-feasibility study on a proposed development of the Robe Mesa iron ore deposit at its 85 per cent-owned Yarraloola project in WA’s Pilbara. The study that is set to be wound up by year’s end will assess a low-CAPEX iron ore mine predicated on using existing road transport infrastructure to truck the Robe Mesa ore to port.