West Pilbara iron-ore project, Australia

Aquila Resources has reported that it will curb expenditure at its West Pilbara iron-ore project, despite reporting a 40% increase in resources.

Aquila reviews expenditure for West Pilbara project

Diversified junior Aquila Resources on Monday said it would curb expenditure at its West Pilbara iron-ore project, despite reporting a 40% increase in resources. In its quarterly report for the three months to June, Aquila noted that it would...

115Mt/y Anketell port gains EPA approval

The Western Australian Environmental Protection Authority (EPA) has given its approval for the development of the multi-user Anketell Point port facility. The port proposal includes the establishment and operation of a deep-water port with...

Aquila completes Isaac Plains sale

Diversified junior Aquila Resources on Thursday reported that the sale of its 50% interest in the Isaac Plains coal mine to Japan’s Ocean Coal Mining has now been declared unconditional, after all conditions precedent were satisfied. At the...

Aquila says Hudbay suspends work at US project

TSX-listed Aquila Resources on Tuesday said its joint venture (JV) partner Hudbay Minerals had suspended development activities at the Back Forty gold and zinc project in the US, owing to other capital commitments on its key development projects...

Vale's option over Isaac Plains lapses

Diversified junior Aquila Resources has reported that the sale of its 50% interest in the Isaac Plains coal mine to Ocean Coal Mining has moved one step closer to completion, after project partner Vale failed to take up its option on the project....

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...