Unveiling the Golden Opportunities: Inside Kincora Copper’s Remarkable Journey in NSW and Mongolia
Kincora Copper: understanding the importance of adaptive planning
If mining is a tough game, the exploration juniors out there have it the toughest. The road to discovery and, ultimately, to production is a long one with no shortage of pitfalls.
As if funding issues and the cyclical nature of the industry weren’t enough, there’s finding — and keeping — the right team, discovering an economically viable resource, managing ESG complexities, and gaining access to infrastructure, plus all the geopolitical, sovereign and economic bunk that comes with running a business.
In the end, success comes down to having the right plan. And as President and CEO Sam Spring explains to Mining.com.au, Kincora Copper (ASX:KCC) has a good one.
Mines and Money: Melbourne Mining Club reminds resources companies of the ‘law of the jungle’
In mining, the law of the jungle is such that the majors are at the top of the pecking order and junior exploration companies tend to follow the pack trying to survive.
While being far from an ‘anything goes’ environment, the code of survival in the mining jungle refers to a hierarchy of superiority, brute force, and self-interest in the struggle for survival.
Melbourne Mining Club Chairman Richard Morrow, who has enjoyed a career spanning more than 30 years in stockbroking and is part of the Lowell Resources Fund team, details to?Mining.com.au?how the law of the jungle applies to mining in Australia now more than ever.
Solis Minerals pounces on acquisition of Jaguar Lithium Project in Brazil
Battery metals explorer Solis Minerals (ASX:SLM) has struck a binding option agreement to purchase the Jaguar Lithium Project in Bahia State, Brazil.
Speaking to?Mining.com.au,?Solis Minerals Executive Director Matthew Boyes says the US$3.9 million agreement represents an opportunity to move into a lithium province in Brazil that it considers to have ‘massive potential’.
Under the deal, the company will acquire 100% of the tenements 871427/2006 and 872376/2021 from the vendors, Marico Mineracao Itda and Igramar Industria de Ganitos e Marmores, through Solis’ subsidiary, Onca Mineracao.
Group 6 Metals dives into first production of tungsten concentrate at Dolphin Mine, Tasmania
Group 6 Metals (ASX:G6M) has produced its first tungsten concentrate at its wholly owned Dolphin Tungsten Mine (DTM), located on King Island in Tasmania, Australia.?
The company reports the construction of the processing plant is nearing completion, with performance testing underway to achieve 400,000tpa processing capacity.?
Commenting on the tungsten concentrate production, Group 6 Metals Chief Executive Officer (CEO) and Managing Director Keith McKnight says:?“Production of first concentrate at the Dolphin Tungsten Mine is another significant milestone for Group 6 Metals and is a credit to the hard work and dedication of our site team and contractors."
Toro Energy confirms massive nickel sulphide mineralisation at Jumping Jack discovery, WA (link)
Forrestania Resources taps investors for $1.94 million to advance lithium portfolio in Canada and WA (link)
Prodigy Gold secures 2 exploration grants for Tanami North Project area, Northern Territory (link)
Helix Resources plans to expand landholding in Collerina Copper Trend, NSW (link)
Magmatic Resources further grows Corvette system with latest round of drilling (link)
Toubani Resources heads towards FID and production at Kobada Gold Project in Mali (link)
Cazaly Resources closes 44% higher as it seeks to scoop up Sundown Lithium Project, Canada
Perth-based explorer Cazaly Resources (ASX:CAZ) has entered an exclusive binding agreement to acquire the Sundown Lithium Project in Canada for CAD$4 million.
Fleet Space Technologies raises $50 million in Series C to expand critical minerals exploration technology
Fleet Space Technologies has completed its heavily oversubscribed $50 million Series C fundraising round led by Australasian venture capital firm Blackbird.
Western Mines Group: expanding the Mulga Tank nickel sulphide discovery
Western Mines Group (ASX:WMG) has a strategy to discover ‘high-value’ nickel sulphide and gold deposits across its portfolio of assets located on major mineral belts in Western Australia.
Group 6 Metals (ASX: G6M)
CEO and MD Keith McKnight discusses that it is an 'exciting' time for the company as the first tungsten concentrate has been produced at the Dolphin Tungsten Mine
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Leo Lithium (ASX: LLL)
MD Simon Hay discusses the 'transformational' placement penned with its Chinese JV partner
Hamelin Gold (ASX: HMG)
MD Peter Bewick discusses the the company's oversubscribed SPP that closed today
Barton Gold (ASX: BGD)
MD Alex Scanlon discusses the 'indicative' grades found in material from its Central Gawler Mill
Solis Minerals (ASX: SLM)
Executive Director Matthew Boyes discusses the binding agreement penned to acquire a 'highly prospective' lithium project in Brazil
Prodigy Gold (ASX: PRX)
MD Mark Edwards the 2 exploration grants from the Northern Territory Minister for Mining and Industry, Nicole Manison, which will be used to fund exploration within the Tanami North Project area
Cazaly Resources (ASX: CAZ)
MD Tara French discusses the company's plan to purchase a 'massive' lithium project in Canada
Helix Resources (ASX: HLX)
MD Mike Rosenstreich discusses how the company is building up momentum for fresh exploration work in the Cobar region of NSW
Magmatic Resources (ASX: MAG)
MD Dr Adam McKinnon discusses the continuous mineralisation growth at its Myall Project in NSW
Aruma Resources (ASX: AAJ)
MD Glenn Grayson discusses the recent achievements from across its Western Australia-based projects
Forrestania Resources (ASX: FRS)
MD Michael Anderson discusses the company's Entitlement Offer to advance its 'exciting' lithium portfolio in both Western Australia and Canada
The Weekly Wrap-Up with Harry Mulholland 2 June, 2023
Mining.com.au is Australia’s leading online daily Mining news service, reaching hundreds-of-thousands of mining professionals, investors, and industry participants each month. The Weekly Wrap-Up with Harry Mulholland provides listeners with a recap of the mining headlines each week.
In this episode, Harry reports on news from Leo Lithium (ASX:LLL), Hamelin Gold (ASX:HMG), Barton Gold (ASX:BGD), and Solis Minerals (ASX:SLM).