Shares in De Grey Mining (ASX: DEG) sky-rocketed 150% after the company emerged from a trading halt this morning with news of a gold discovery at its Pilbara gold project. Western Australian-based...
Category - Exploration
Mantle Mining Corporation (ASX: MNM) has extended the gold mineralisation at its high-grade Morning Star and Rose of Denmark gold mines in eastern Victoria. The current drilling program has targeted...
Goldfields miner Saracen Mineral Holdings has sold the Red October mine to Matsa Resources in a $1 million cash deal. Matsa will pay $1 million in cash and 4.5 million shares at a deemed issue price...
83 MILLION TONNES OF MEASURED AND INDICATED RESOURCE ESTIMATED AT AGUIA’S TRES ESTRADAS PHOSPHATE DEPOSIT Highlights: Total Measured and Indicated resource of 83 million tonnes grading 4.1% P2O5...
McGowan Government assigns $5 million to support resources industry The scheme has enabled more than 560,000 metres of drilling to date Following last month’s announcement to continue funding...
Rio Tinto has terminated failed civil and mining contractor Brierty’s biggest job at a Pilbara iron ore project in Western Australia. Brierty’s administrators said Rio had arranged flights home for...
Classic Minerals Ltd (“Classic” or the “Company“) has completed the Phase 2 reverse circulation (“RC”) drilling program at the Gap Zone – a priority target situated between the Lady Magdalene...
Gold miner Empire Resources has reinforced the promise of its new Penny’s Find mine with the release of strong grades at the bottom of the existing open pit. As part of a second reverse circulation...
ACCORDING TO RESOURCES MONITOR REPORTS: On the exploration front, there have been two items of good news this month. Exploration increasing First, mineral-exploration expenditure is increasing in...
The 2017-18 State Budget includes two changes to gold royalty arrangements in Western Australia to help with the difficult task of repairing the State’s finances.
HIGHLIGHTS Golden Mile’s 100% owned Leonora East project lies adjacent to KIN Mining’s (ASX:KIN) 1,000,000+ Ounce Gold Project at Mertondale-Cardinia Golden Mile has identified an extensive...
Mines and Petroleum Minister Bill Johnston has officially opened Independence Group’s Nova nickel-copper-cobalt mine in the Fraser Range province. About 200 delegates, staff and media were...
