Plus, the whiff of a big find at Jundee, Geopacific starts re-rating on Kula success, Tawana set to fly through lithium’s open window and Slovakian gold hopeful to bang IPO drum in Kalgoorlie
Diggers & Dealers kicks off in Kalgoorlie next week with the biggest roll up in five years expected. The 2000-plus mining and finance types due to rock up are doing so with the hope of divining something they did not already know, thrown in with a liberal dose of bonhomie.
But the fun police at ASIC insist nowadays that companies release market sensitive information when it comes to hand.
Plus, Kairos adds a cobalt leg in an emerging area just south of Breaker Resources’ world-class gold discovery
Rio Tinto is not spending $US1.9 billion on developing its Amrun bauxite project south of Weipa on Cape York Peninsula on a wing and prayer.
Due to start production in the first half of 2019, Amrun’s planned annual output of 22.8 million tonnes will both augment Rio’s existing Weipa operation, as well as allow a step-up in exports of the alumina/aluminium raw material to China.
The stepped-up export opportunity comes from the hand-over-fist growth in China’s aluminium industry, and the demands it is making on China’s domestic supplies of bauxite.
Plus, the alluring combination of borate and lithium fuels demand for new float
Exploration for porphyry-style copper/gold deposits with their potential for big and long-lived production is normally the preserve of the major miners. And more often than not their exploration effort is in far-flung places like the Andes and the Gobi.
Plus, Nusantara Resources comes to market seeking up to $20m to get its 1.74moz Awak Mas gold deposit moving towards production and Spitfire set for first assays
The Democratic Republic of the Congo (DRC) is not everyone’s cup of tea. But it is the place to be if big and high-grade copper and cobalt tickles your fancy.
In recent times it has been the ever-tinny Robert Friedland who has highlighted the DRC’s premier address for copper, with his Ivanhoe Mines making the Kamoa–Kakula copper discovery in a previously unknown extension of the Central African copper belt.