Mining
Kununurra: Chinese company buys mine project
A private Chinese company has bought a lead/zinc/silver project 70km northeast of Kununurra in the NT.
Teng Fei Mining (TFI) now owns the Manbarrum project outright.
Proactive Investors [read this story]
Tanami Desert: Coyote mine to resume production
The Coyote gold mine, which ceased production late last year, will resume operations soon.
The stoppage is said to be caused by the owner’s decision to stop using a mining contractor, and an unusually heavy wet season.
Coyote mine owner Tanami Gold is said to have purchased equipment which should be in place and operating within a few weeks.
Coyote gold mine is in the Tamami Desert, about 30km west of the NT border.
Mineweb [read this story]
HighBeam Business [read this story]
Halls Creek: Native title claim over mine
by Geoff Vivian
Trust administrator John Gray with the Malay family native title claim this morning
An East Kimberley Aboriginal family lodged a native title claim over a working nickle mine this morning.
Sisters Maria and Beverley Malay are demanding their family be recognised as the Traditional Owners of an area that includes a mine formerly known by their father’s name, Sally Malay. › Continue reading
Green light for Tanami Gold expansion
An American board directors’ meeting lifted the final hurdle to Tanami Gold’s expansion into the Northern Territory.
US gold company Newmont’s board meeting has approved the sale of its Groundrush project to Tanami Gold, which owns the Coyote mine on the border’s WA side.
The sale is now expected to be completed by the end of the month.
Mining Weekly [read this story]
Halls Creek: Nickle mine to last years longer
Panoramic Resources say they have found more nickle, copper and cobalt below the reserve they are mining.
This will extend the life of the Savannah project, which was originally expected to close in 2018.
Located about 120km north of Halls Creek, the project was formerly known as Sally Malay mine.
Proactive Investors [read this story]
Halls Creek: Platinum project on hold
Platinum Australia’s Panton project, 60km north of Halls Creek, is still on hold.
The company’s half yearly report says metal prices and the $US exchange rate make it uneconomical to mine the platinum and paladium reserve at present.
Tanami Desert: Uranium company raising funds
Northern Uranium is funraising to pay for more exploration on its Gardiner-Tanami project.
The money is being raised through a renounceable rights issue.
Proactive Investors [read this story]
Derby: Uranium exploration to commence
Two mining companies intend to drill for uranium at Myroodah station south of Derby.
Uranium Exploration Australia and Rey Resources intend to start exploring later this year.
Broome: Mining chamber makes a visit
The Chamber of Minerals and Energy says it is keen to help local mining and gas interests advance their projects.
The CEO had a series of meetings with business people in Broome last week and has joined the local Chamber of Commerce.
Brierty to rehabilitate Pillara
Civil contractor Brierty will rehabilitate Pillara mine near Fitzroy Crossing.
It is one of three new contracts, totalling $20million, the company announced this week.
You can read the company’s announcement here: › Continue reading
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