fbpx

gold

Apr 08, 2019
Breaking ground at Barbara

Breaking ground at Barbara

Mining activity has kicked off at Round Oak Minerals’ Barbara copper-gold project, about 60km north-east of Mount Isa.  Chief executive officer Rob Cooper said the site establishment work had been carried out and contractors started waste stripping to in the pit in the last week of March. SES Mining Solutions is providing the mining production workforce,… ...

Read More
Jan 02, 2019
Market’s golden ticket for Australian miners

Market’s golden ticket for Australian miners

Gold exploration in Queensland rose 21 per cent last year as resource companies looked to cash in on favourable market conditions. Queensland Resources Council chief executive Ian Macfarlane said the amount spent on gold exploration statewide in 2017-18 was $61.7 million, compared with $51 million in 2016-17, in the face of strong demand for the… ...

Read More
Jan 01, 2019
‘Pajingo 2.0’ on the horizon

‘Pajingo 2.0’ on the horizon

Minjar Gold’s Pajingo operation is heading down a new path to what is being dubbed ‘Pajingo 2.0’. A key element of the transition is a plan to sink the site’s first decline in 20 years, providing access to a host of known gold deposits beyond the Vera-Nancy system that has been the mainstay of Pajingo… ...

Read More
Jan 01, 2019
Alice Queen confident it has ace in the pack

Alice Queen confident it has ace in the pack

A punt on an old gold mine on a Torres Strait island looks like paying off for a Melbourne- based mining company. The Alice Queen company formed a joint venture with the Kaurareg Aboriginal Land Trust in 2013 to mine for gold on Horn Island after previous exploration work there had been unsuccessful. Alice Queen… ...

Read More
Aug 02, 2018
Island treasure in the Torres Strait

Island treasure in the Torres Strait

A company targeting gold in Queensland’s Torres Strait region has announced an upgraded resource estimate after recent drilling. Alice Queen has updated the mineral resource estimate for ts flagship Horn Island gold project to 7.96 million tonnes at 1.9 g/t gold for 492,000 ounces of gold using a 0.5 g/t gold cut-off grade This represents… ...

Read More
Nov 20, 2017
Pajingo job’s a keeper for Pat

Pajingo job’s a keeper for Pat

Pat Madigan knows more about the mill operations at Minjar Gold’s Pajingo Mine than most; he’s been there for 30 years. “I came to Pajingo on a four-month contract and am still here,” Mr Madigan said. Now 66, Mr Madigan was raised in small country towns on the Queensland and New South Wales border with… ...

Read More
Aug 16, 2016
Pajingo gold operations sold for $52m

Pajingo gold operations sold for $52m

Evolution Mining has entered into a binding agreement with Minjar Gold to sell the Pajingo gold mine and surrounding exploration tenements in North Queensland for up to $52 million in cash and royalties. This includes a $42 million upfront cash payment and a 1 per cent NSR (net smelter return) royalty of up to $10… ...

Read More
Menu