Golden Horse secures Sorrel project in deal

Golden Horse has completed its acquisition of the Sorrel copper project in the Northern Territory of Australia, via a deal with NT Minerals for A$3 million. “We’re pleased to have secured this high-quality copper asset, providing meaningful copper exposure for Golden Horse at a time of compelling long-term supply-demand fundamentals for copper. The Inferred Mineral Resource Estimate of 88,600 tonnes…

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Ivanhoe Mines discovers copper mineralization at Kazakhstan project

Newly completed fieldwork at Ivanhoe Mines and Pallas Resources’ joint venture project in the Chu-Sarysu Basin, Kazakhstan, has identified copper mineralization outcropping on surface with an approximately 20-metre thick zone. Reconnaissance work has identified visible copper mineralization in the form of malachite, azurite and chalcocite on the Merke licence, which includes a 36-kilometre-long, historically identified stratigraphic trend, with multiple samples…

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REMA TIP TOP acquires key assets of Almex Group

REMA TIP TOP has acquired significant assets and operations of the Canadian company Almex Group. With the acquisition, the company has expanded its portfolio in the area of conveyor belt vulcanizing systems and “strengthened its position as the world’s leading provider of integrated conveying solutions,” the company stated. As one of the worldwide leading manufacturers of vulcanizing presses, Almex complements…

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U.S. invests in Aclara Resources’ Brazilian project

Aclara Resources announced that the U.S. International Development Finance Corporation (DFC) has committed up to US$5,000,000 in project development funding for its Carina heavy rare earths project in Goiás, Brazil.  The strategic investment provided under DFC’s Project Development Program will primarily fund a feasibility study for the Carina project. The feasibility study, which is expected to be completed by the…

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Minerals Council of Australia highlights mining’s essential role

The Minerals Council of Australia has launched a new publication showcasing the industry’s vast economic and social contributions across the country, particularly in regional and remote communities. Australian Mining: Mapped highlights the essential role mining plays in sustaining Australia’s prosperity. Mining is the nation’s largest exporter, top company taxpayer and a major employer. The industry sustains hundreds of thousands of…

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