fbpx

gold

Jan 29, 2021
Mine expansion brings rich lode of work opportunities

Mine expansion brings rich lode of work opportunities

More than 160 jobs and $50 million in supply opportunities are expected to be generated in North Queensland this year as Ravenswood Gold ramps up. Resources Minister Scott Stewart said the expansion project at the gold mine was already benefiting NQ businesses like Thomas Steel, which has won a $10 million-plus contract as part of… ...

Read More
Jan 28, 2021
Aeris looks to the future at Cracow gold mine

Aeris looks to the future at Cracow gold mine

Aeris Resources has started work on a new multi-stage tailings storage facility at the Cracow gold mine in Central Queensland, flagging its confidence in an extended life for the operation. The company said the first stage was expected to be completed by June at an estimated cost of $14 million. “Investing in a multi-stage tailings… ...

Read More
Jan 25, 2021
Ausmex continues progress at Cloncurry gold sites

Ausmex continues progress at Cloncurry gold sites

Ausmex Mining Group says it is stepping closer to gold production in the Cloncurry area, with infill drilling to be completed at Golden Mile by the end of the month and upgraded resources estimates to follow. The company is focusing on the three most western of the eight historical gold mines in its Golden Mile… ...

Read More
Jan 20, 2021
New take on Charters Towers mineralisation

New take on Charters Towers mineralisation

A regional exploration program has revealed potential for new undiscovered mineralised bodies to the north of Charters Towers, and a different style of mineralisation to the south, Citigold says. A geochemical sampling program was completed at the end of December 2020 with assay results returned recently. A series of stream sediment bulk cyanide leach samples… ...

Read More
Jan 19, 2021
Cannindah keen to build on NQ gold footprint

Cannindah keen to build on NQ gold footprint

Cannindah Resources aims to build its footprint in the Piccadilly gold project area, 60km north of Charters Towers, with an application for more highly prospective ground. Previous drilling on the tenement, named Percy Marlow, had intersected significant high-grade gold mineralisation, the company said. It would joins the Piccadilly tenements EPM 16198,18322 and ML 1442 to… ...

Read More
Jan 18, 2021
Wet halts Agate Creek mine as processing kicks off

Wet halts Agate Creek mine as processing kicks off

The first ore from the current mining campaign at North Queensland’s Agate Creek gold mine is running through the plant at Lorena, 15km east of Cloncurry. Mine owner Laneway Resources said there was about 4400 tonnes of 6g/t gold ore expected to be processed over the next 10 days. The company has temporarily suspended operations… ...

Read More
Jan 18, 2021
‘Spectacular’ high-grade gold results from NQ project

‘Spectacular’ high-grade gold results from NQ project

Superior Resources has announced ‘spectacular’ results from recent drilling at the Steam Engine gold project in North Queensland, with grades as high as 184g/tonne gold. The Stage 2 drilling results will be incorporated into the planned pre-feasibility study, set to begin immediately after expected finalisation of the project’s scoping study in early February 2021. They… ...

Read More
Jan 14, 2021
Yandan gold project sale finalised

Yandan gold project sale finalised

GBM Resources has completed its acquisition of the Yandan gold project from copper-gold producer Aeris Resources. Aeris receives $3 million in GBM shares (at $0.135 per share) and a 1.5 per cent Net Smelter Royalty on the first 300,000 oz of gold equivalent mined from the Yandan tenements. The company has also subscribed for a… ...

Read More
Jan 07, 2021
Drilling results firm up Mount Freda’s resource offer

Drilling results firm up Mount Freda’s resource offer

Ausmex is crunching the data on its latest drilling program with a view to updating the JORC Minerals Resource Estimate for the Mount Freda lease around 60kms south southwest of Cloncurry. The December drilling program was designed to confirm the continuity of gold grades between previous drill holes said Managing Director Aaron Day. The program… ...

Read More
Menu