Mining
Argyle: Diamond mine ’self-sufficient’ in water
Argyle diamond mine says it is now recycling all of its water.
Rather than relying on water from Lake Argyle and discharging waste water into the environment, the mine is now said to be “self sufficient” in water.
Halls Creek: More copper at Koongie Park
Anglo Australian Resources says there is more copper at its Koongie Park project than it had first thought.
The company’s shares rose in value since it announced it had re-examined Koongie drilling samples stored in its Halls Creek premises.
Proactive Investors [read this story]
KLC, Kimberley Metals agreement on East Kimberley iron mine
The Kimberley Land Council says it is negotiating a deal with Kimberley Metals Group over a new mine.
The KLC says the new mine will create up to 24 jobs for local Aboriginal workers.
Tanami Gold says deposits bigger than thought
Tanami Gold says the size of its WA gold deposits are 31% larger than it had thought.
The company, which owns the Coyote mine near Balgo, also intends to start mining its Central Tanami Project on the NT side next year.
Proactive Investors [read this story]
Ellendale diamond mine: E4 pipe may reopen
Analysts say rising diamond prices mean Ellendale’s E4 pipe, currently on care and maintenance, may reopen soon.
The E4 pipe, which contains lower-grade diamonds than the mine’s E9 pipe, has not been mined since February 2009.
Reuters [read this story]
Iron ore drilling on offshore island
A resource company is drilling for iron ore at Irvine Island, near Cockatoo Island.
Pluton resources hopes a “shipping grade” iron ore mine can be established at the island.
ABN newswire [read this story]
Halls Creek: New company buys into Northern Uranium
Rare earths development company Lynas Corporation has bought almost 10% of Northern Uranium.
Although mainly a uranium company, Northern Uranium owns promising rare earths leases at Browns Range, in Halls Creek shire near the NT boder.
Proactive Investors [read this story]
New Kimberley uranium advice panel
The WA government has appointed a panel of experts to advise on the safety of Kimberley uranium mining.
You can read a statement from mines minister Norman Moore here:
Tanami Gold has cash to develop
Tanami Gold says it has successfully raised $63.7million from a new share issue.
The company, which owns gold projects on either side of the WA-NT border, intends to use the money to retire debt and develop its assets.
Proactive Investors [read this story]
Barry Haase announces tax concessions for shareholders
Barry Haase MHR
Barry Haase says his party intends to introduce tax credits for people with shares in small exploration companies.
Mr Haase, who is also the endorsed Liberal candidate for Durack, say he has been a long-time advocate for “flow-through shares”,.
You can read his statement here:
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