Panton resource estimate upgraded
Platinum Australia Limited (PLA) has completed a drilling program of approximately 5500 metres of diamond and reverse circulation drilling at its Panton Platinum-Palladium Project in the Kimberley region of Western Australia.Drilling by the previous owners in the 1980s had established a high grade u...
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Billiton takes control of Ravensthorpe Nickel
QNI Western Australia Pty Ltd (QNIWA), a subsidiary of Billiton Plc, has reached agreement with Comet Resources Ltd to buy Comet’s 50 per cent interest in the Ravensthorpe Nickel Project.Providing the purchase receives Comet shareholder and other regulatory approvals, Billiton will own 100 per cent ...
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Diamond Rose, De Beers in joint venture
Kimberley Rose Ltd., a subsidiary of Diamond Rose NL, has formed a joint venture partnership with the De Beers Group that will investigate the first of Kimberley Rose’s seven major diamond prospects in the Kimberley region of WA.The arrangement will lead to De Beers spending the first $10 million to...
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Exco merger deal signals increased WA exploration
Exco Resources NL’s merger with a privately owned WA-based exploration group will increase exploration activity on a number of potential nickel, copper and platinum-palladium projects in WA.As a result of the deal, Exco will acquire eight new exploration projects totalling approximately 2,500 square...
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Goondicum Crater Project progresses
Multiplex Constructions (Qld) Pty Ltd (Multiplex) and Monto Minerals NL (Monto) have agreed in-principle to proceed with the Goondicum Crater Ilmenite and Titano-Magnetite Project.Key commercial terms still need to be agreed, and a Memorandum of Understanding negotiated.It is expected the project wi...
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Lady Annie Copper Project, Qld
An independent report has shown potential for a viable copper heap leach project at Buka Minerals’ Lady Annie copper deposit, situated 140 kilometres north-west of Mt Isa.Buka recently commissioned consultants IPDS to undertake an updated assessment of the potential for an open pit, copper heap leac...
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New Darwin Liquefied Natural Gas plant proposed
Australia’s second Liquefied Natural Gas (LNG) project has moved a major step closer with the signing of a Letter of Intent (LOI) for the supply of Timor Sea Gas to a major new market in North America.Phillips Petroleum Company and affiliated companies (Phillips) announced an LOI with a subsidiary o...
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Victoria to South Australia natural gas pipeline
Construction of a $200 million, 45 petajoule, 660-kilometre gas pipeline from Victoria to Adelaide moved a step closer recently with the South Australian Government entering into a non-financial facilitation agreement with an alliance of demand-side parties.The alliance comprises Australian National...
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Timor Sea exploration permit awarded
A consortium consisting of Daytona Energy Corporation (36 per cent), Eagle Bay Resources N.L. (30 per cent) and Westranch Holdings Pty Ltd (34 per cent) was the successful bidder for a new offshore exploration permit in the Timor Sea.The permit, released as vacant area AC00-4, covers an area in the ...
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Svartliden Gold Project, Sweden
Resource Service Group Pty Ltd has completed an independent analysis of resources at Dragon’s Svartliden Gold Project in Sweden.The grade of the total resource has increased significantly from that reported in the December 2000 Quarterly Report. The analysis indicates that the resources would sustai...
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Dikulushi copper-silver deposit, Congo
Anvil Mining NL plans to continue development of the Dikulushi copper-silver deposit by the third quarter this year following the appointment of a new President of the Democratic Republic of Congo (DRC).Anvil drilled the Dikulushi deposit in late 1997 and completed a pre-feasibility study in early 1...
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Diamond find for Majestic Resources
Perth diamond mining company Majestic Resources NL has recovered a 123-carat diamond from its Riet River operations in South Africa.The diamond, dubbed the ‘Matilda’, is the biggest gem ever discovered by an Australian company since Majestic found the 83-carat ‘Riet River Royal’ late last year at th...
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Latin America business seminar
A seminar will be held on business opportunities in Latin America, titled “Latin America - Expand Your Horizons”, on Monday, 26 March 2001 at The Duxton Hotel, 1 St George’s Terrace, Perth, from 8.30am to 12.30pm; a luncheon follows.The Latin American region has long held a strong attraction for Wes...
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North West Resources Tour starts soon
CCI’s 2001 North West Resources Tour is from Wednesday 9 to Friday 18 May 2001.The tour embraces a comprehensive cross-section of resource development and tourism projects in WA and the Northern Territory.Participants receive detailed briefings and site inspections to gain greater insight into the o...
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High-wide loads survey results
A report in December 2000 on results of a CCI survey of steel fabricators’ attitudes to high-wide load corridors confirmed the importance of such corridors to the fabrication sector.Curtin University students on behalf of CCI conducted the survey during October 2000.
Last year the State Government ...
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