News - Market Insights

Strategic metals company TNG has launched a new vanadium redox flow battery (VRFB) business unit as part of the vertical integration strategy for its flagship Mount Peake vanadium-titanium-iron project in the Northern Territory (reports Small Caps)

Strategic metals company TNG Ltd (ASX: TNG) has launched a new vanadium redox flow battery (VRFB) business unit as part of the vertical integration strategy for its flagship Mount Peake vanadium-titanium-iron project in the Northern Territory (reports Small Caps). The strategy further diversifies the company’s green energy interests and will capitalise on the planned production of high-purity vanadium pentoxide from Mount Peake, where pre-development planning is advanced.

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Gateway’s aircore drilling has identified the Achilles prospect as a major new gold target after defining mineralisation over a 2.5km corridor (reports Stockhead).

Gateway’s aircore drilling has identified the Achilles prospect as a major new gold target after defining mineralisation over a 2.5km corridor (reports Stockhead). Wide-space drilling has returned assays of up to 16.2 grams per tonne (g/t) gold and defined high-order oxide and primary gold anomalies, extending the existing Achilles oxide target for a further 1.4km strike length to the immediate south of the historical Rosie open pit.

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Copper miner Sandfire is confident it could find buyers for its products outside of China if Australia's biggest customer decided to add copper to its blacklist of Australian products (reports The Australian Financial Review).

Copper miner Sandfire is confident it could find buyers for its products outside of China if Australia's biggest customer decided to add copper to its blacklist of Australian products (reports The Australian Financial Review).

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Hot on the heels of awarding its power plant contract for Coburn, Strandline Resources (ASX: STA) has appointed Woodside-EDL joint venture to supply LNG to the project’s hybrid plant (reports Strandline).

Hot on the heels of awarding its power plant contract for Coburn, Strandline Resources (ASX: STA) has appointed Woodside-EDL joint venture to supply LNG to the project’s hybrid plant (reports Small Caps).

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Shares in Stavely Minerals jumped after the company reported a spectacular hit from its Cayley Lode at the Thursday’s Gossan project in Victoria (reports MiningNews).

Shares in Stavely Minerals jumped after the company reported a spectacular hit from its Cayley Lode at the Thursday’s Gossan project in Victoria (reports MiningNews). The hole returned 48m at 1.39% copper, 6.33 grams per tonne gold and 12gpt silver from 85m, including 16.7m at 3.13% copper, 17.93gpt gold and 29gpt silver, including 2m at 0.74% copper, 132gpt gold and 38gpt silver. The hole was about 80m to the northwest of the September 2019 discovery hole.

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Mineral sands developer Strandline Resources (ASX: STA) is taking another step toward developing its Coburn project in Western Australia after naming preferred contractor to build a 32 megawatt (MW) power plant (reports Small Caps).

Mineral sands developer Strandline Resources (ASX: STA) is taking another step toward developing its Coburn project in Western Australia after naming preferred contractor to build a 32 megawatt (MW) power plant (reports Small Caps). Perth-based Contract Power, which since 1996 has specialised in remote power plant construction and operation, will own and operate the hybrid gas and renewable energy station.

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New World Resources has reported a hit of 23.3m at 6.7% copper equivalent from its Antler copper deposit in Arizona (reports MiningNews).

New World Resources has reported a hit of 23.3m at 6.7% copper equivalent from its Antler copper deposit in Arizona (reports MiningNews). The hit comprised 23.3m at from 23.3m at 3.48% copper, 8.84% zinc, 1.24% lead, 64.4 grams per tonne silver and 0.5gpt gold from 445m, the best ever returned from the project. The intercept is more than 300m down-dip from the deepest historical stopes, and more than 450m from surface. Mineralisation remains open at depth and along strike.

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Northern Star Resources has reported quarterly gold sales towards the top end of guidance (reports MiningNews)

Northern Star Resources has reported quarterly gold sales towards the top end of guidance (reports MiningNews) . old sold in the September quarter was 227,532 ounces at the upper end of guidance of 207,000-233,000oz. The average realised price for the quarter was A$2493 an ounce, generating revenue of $530.3 million. "This has been a very strong quarter for Northern Star at all levels," executive chairman Bill Beament said.

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