US investors warm to Australia’s first major molybdenum project (15 Mar 2005)
Hibernia Gold Limited announced an $18.9 million injection of US funds has significantly enhanced the prospects of Australia having its first major molybdenum mine.
Hibernia claims the capital should allow a decision on mining within 15 months for its Spinifex Ridge project, located 50km north-east...
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Contracts for the Stybarrow development (15 Mar 2005)
The Industry Capability Network (ICNWA) is assisting BHP Billiton’s Stybarrow project identify Australian industry capability. There are currently a number of contracts on offer for primary contract holders as well as the opportunity for many second tier suppliers.
Contracts include the provision o...
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Tap Oil well and exploration updates (15 Mar 2005)
Tap Oil Limited provided updates on three of its drilling programs – Albert-1 exploration well, part of the Harriet joint venture, located 1.3km north-north-west of the Victoria Platform; Scalybutt-1H development well and; Maier-1 exploration well, both located in the Woollybutt Oil Field.
Albert-1...
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Mount Gibson welcomes Asia Iron joint venture (15 Mar 2005)
Mount Gibson announced the signing in Perth, of a framework agreement that sets out the commercial and operational terms of a joint venture (JV) between Asia Iron Holdings Limited and Nanjing Iron & Steel United Company Limited.
The JV commits both companies to jointly invest $370 million to de...
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Fox acquires high grade nickel deposit and further drilling at Radio Hill (15 Mar 2005)
Fox Resources Limited announced the acquisition of the high grade Ruth Well Nickel-Copper Deposit located 12km north from its Radio Hill nickel processing operation near Karratha in WA.
The acquisition includes three granted mining leases with two being adjacent to the Ruth Well deposit covering an...
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RAV 8 nickel mine life extension (15 Mar 2005)
Tectonic Resources NL advised that recent exploration drilling on their RAV 8 nickel sulphide mine, located approximately 25km east of Ravensthorpe in WA, has resulted in an extension of the mine’s life to approximately December 2005.
Reverse circulation drilling of shoots 3 and 4 have confirmed mi...
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Flying Fox project update (15 Mar 2005)
Mine development at Western Areas NL’s Flying Fox nickel mine, located 450km east of Perth in WA, is progressing to schedule with the development of the 35m deep boxcut and installation of the site infrastructure due for completion this month, followed by commencement of the twin declines to access ...
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Results in for De Grey’s Beyondie project (15 Mar 2005)
De Grey Mining Limited announced that their recent reverse circulation drilling program at Beyondie Bluff had confirmed anomalous results over a 1.2km strike length and when combined with rock chip sampling results, can be traced over a 6km strike length.
Area E52/1470 (15 holes for 1,473m) returne...
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Drilling Results in for Cazaly’s Outridge Prospect (15 Mar 2005)
Cazaly Resources Limited advised that further results have been received from six reverse circulation (RC) drill holes carried out on the company’s Kunanalling project situated 30km west of Kalgoorlie and 30km north of Coolgardie in WA, including 29m at 4.1g/t of gold from 27m and 27m at 1.29g/t fro...
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IGL to commence exploration at Mt Ida and Evanston (15 Mar 2005)
International Goldfields Limited (IGL) announced the commencement of exploration programs at Mt Ida, located north of Kalgoorlie in WA, and Evanston, located in the Marda-Diemals greenstone belt in the Southern Cross province of the Yilgarn mineral field of WA.
In January 2005 IGL entered into a fa...
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Alkane reviews iron potential at Nullagine (15 Mar 2005)
Alkane holds three exploration licence applications (ELA’s 46/522, 523, 524) near Nullagine, approximately 200km north of Newman in the East Pilbara of north-west WA. The tenements are a joint venture between Alkane (60 per cent) and a private group, the Randolph Resources Syndicate (40 per cent).
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