Thabazimbi iron-ore project, South Africa

The Thabazimbi iron-ore project could support a four-million-ton-a-year direct shipping ore operation for domestic and/or international sales.

Aquila declares maiden resource at Injune

Diversified junior Aquila Resources has declared a maiden resource of 826.9-million tons for its Injune thermal coal project, in Queensland. Executive chairperson Tony Poli said on Friday that the maiden resource estimate included a measured and...

Aquila declares maiden resource at Walton

A maiden resource of 79.24-million tons has been declared at diversified junior Aquila Resources’ Walton coal project, in Central Queensland. The resources consist of some 20.31-million tons of coal in the measured and indicated category, as...

Aquila upgrades Thabazimbi resource

Diversified junior Aquila Resources has reported a 43% increase in the resource estimate of its Thabazimbi iron-ore project, in South Africa. The project is now estimated to host some 67.9-million tons of resource, at 61.6% iron, with some 72% of...

Aquila sells coal stake to Japan as it raises funds for iron-ore

Diversified junior Aquila Resources has decided to keep its South African manganese project, but moved ahead with plans to offload Queensland coal mines to fund the development of its West Pilbara iron-ore project. The company announced on...

Queensland court dismisses Vale’s Belvedere appeal

The Queensland Supreme Court has closed off Brazilian giant Vale’s last avenue of appeal in its dispute with diversified junior Aquila Resources, regarding the value of the Belvedere hard coking coal project. The Court of Appeals has dismissed...

Aquila increases Avontuur resource

Diversified junior Aquila Resources has increased the manganese resource at its Avontuur property, in South Africa to some 147.8-million tons. Drilling at the newly discovered Haakdoorn and Gravenhange South manganese prospects have identified a...

Wiggins Island rail project, Australia

The project includes the construction of a 13 km balloon loop near Gladstone, in Queensland.

Aquila and Vale set aside Isaac Plains differences

Diversified junior Aquila Resources has reached an agreement with Brazilian major Vale to resolve a number of outstanding issues in respect of the Isaac Plains joint venture (JV), in Queensland. Vale and Aquila subsidiary IP Coal have been at...

Aquila to publish Back Forty PEA by end-May

Aquila Resources, which has a 49% stake in the Back Forty gold and zinc project in Michigan, said on Wednesday it will publish a preliminary economic assessment (PEA) on the asset in the next 60 days. The TSX-listed exploration firm also said it...

Aquila confirms 'advanced discussions' for Washpool

Diversified junior Aquila Resources on Thursday confirmed that it was in “advanced discussions” with special purpose vehicle International Coal Ventures (ICVL) regarding the sale of its Washpool hard coking coal project, in Queensland....

Aquila widens loss as it ups spending on studies, exploration

Diversified junior Aquila Resources has reported a 19% increase in its earnings before interest, tax, depreciation and amortisation (Ebitda) for the six months ended December, driven by the performance if its Isaac Plains coal mine in Australia....