Northern Territory
MANGANESE
BHP restarts Temco operation
Diversified miner BHP Billiton on Tuesday announced that it would restart its Tasmania Electro Metallurgical Company (Temco) manganese alloy facility following a 90-day suspension. During February this year, BHP suspended operations at Temco as...22nd May 2012
OIL & GAS
Gillard breaks ground at A$34bn Ichthys
Prime Minister Julia Gillard on Friday officially launched the construction of the Ichthys liquefied natural gas (LNG) project, in the Northern Territory.
The A$34-billion Ichthy’s LNG project is a joint venture development between Japan’s...
18th May 2012
RARE EARTHS
Arafura to seek more funding for Nolans BFS
Rare earths hopeful Arafura Resources was looking to raise more cash to fund the bankable feasibility study (BFS) of its Nolans project, in the Northern Territory. In an interview with Open Briefing, CEO Chris Tonkin said on Friday the company...18th May 2012
GOLD
Old Pirate has new tricks for ABM
A scoping study into gold developer ABM Resources’ Old Pirate Stage 1 openpit project found that a capital investment of A$27.1-million could support a 261 000 oz gold operation. The Old Pirate gold deposit, in the Northern Territory, is on the...15th May 2012
OIL & GAS
Australian govt releases 27 areas for exploration
The federal government on Monday announced the exploration acreage release, comprising 27 areas across nine basins in Commonwealth waters off Western Australia, the Northern Territory, Victoria, South Australia and Tasmania. Using the Australian...14th May 2012
CORPORATE ACTIVITY
Westgold and Metals X announce A$330m merger
Junior Westgold Resources has agreed to merge with its largest shareholder, Metals X, in a deal valuing the combined company at some A$330-million, the ASX-listed firms announced on Monday. Westgold shareholders would receive 11 Metals X shares...14th May 2012
GOLD
Crocodile Gold expects 200% production increase
Following the acquisition of two new Australian mines from AuRico Gold, TSX-listed Crocodile Gold Corp on Tuesday said it expected a threefold gold production increase this year to between 155 000 oz and 175 000 oz. The company, which mainly...By: Henry Lazenby
9th May 2012
Arafura Resources Limited
Company Announcement: Memorandum of Understanding Executed Between Arafura and a Major Korean Group
Australian Rare Earths company Arafura Resources Limited is pleased to announce it has executed a non-binding Memorandum of Understanding with a major Korean multinational organisation to cooperate on long-term business arrangements in Rare Earths...
7th May 2012
All
Ranger 3 Deeps exploration decline project, Australia
Energy Resources Australia has started construction works at its Ranger 3 Deeps decline at the Ranger mine, in the Northern Territory.
By: Sheila Barradas
4th May 2012
MINING INVESTMENT
Mining investments driving Australian growth
The resources sector accounted for nearly half of the A$450.2-billion worth of major investment projects under way or committed to in Australia, Deloitte Access Economics reported on Wednesday.
In its quarterly Investment Monitor, Deloitte noted...
2nd May 2012
CAPITAL RAISING
FIRB approves TNG investment
The Australian Foreign Investment Review Board (FIRB) has approved the second stage of a A$13.4-million investment into ASX-listed TNG by its strategic partner Jiangsu Easter China Non-Ferrous Metals Investment Holding Company (ECE). The FIRB has...1st May 2012
EXPLORATION
Era starts construction of Ranger 3 Deeps decline
Uranium miner Energy Resources of Australia (Era) has started construction works at its Ranger 3 Deeps decline at the Ranger mine, in the Northern Territory. A 2.2 km decline would be constructed to a depth of around 400 m, the company said on...1st May 2012
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