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South Australia

Kingsgate sets full-year production record

ASX-listed gold miner Kingsgate Consolidated has reported record production for the full year ended June on the back of a strong fourth quarter. The miner said on Friday that it had delivered 55 450 oz of gold during the three months to June, up...
25th July 2014

Iron Road looks to optimise Central Eyre

Iron-ore developer Iron Road has undertaken an optimisation study on its flagship Central Eyre project, in South Australia, with the aim of increasing production from 21.5-million tonnes a year to 24-million tonnes a year. A previously conducted...
23rd July 2014

WA iron-ore and Qld coal shine in BHP’s 2014 financial year

Diversified miner BHP Billiton has exceeded its production guidance at its Western Australia iron-ore and Queensland coal divisions during the 2014 financial year. “Our focus on productivity has resulted in a significant improvement in...
23rd July 2014

Razorback economics improve on carbon tax drop

The abolishment of the carbon tax has given the business case of ASX-listed Royal Resources’ Razorback iron-ore project a boost of about A$100-million, the company said on Tuesday. Earlier this month, the Senate voted 39 to 32 in favour of...
22nd July 2014

Arrium delivers record shipments on new fleet

Iron-ore miner Arrium Mining and Materials, which owns mines in the Middleback Ranges of South Australia, on Monday reported record sales of 3.32-million tonnes for the quarter ended June 30, up 130 000 t on the previous quarter. The quarter's...
21st July 2014

Explorers welcome Woomera news

ASX-listed explorers Trafford Resources and Monax Resources have welcomed the passing the Defence Legislation Amendment Bill, which would allow for access to the Woomera Prohibited Area (WPA), in South Australia. At the end of last week, the...
21st July 2014

Iluka revenue drops 10% on weaker sales volumes, prices

Lower sales volumes and prices resulted in mineral sands miner Iluka reporting a 10.1% revenue decline during the three months to June, compared with the previous corresponding period. The miner reported on Wednesday that it had sold some 277...
16th July 2014

Oz Minerals hikes FY copper guidance on strong June quarter

ASX-listed Oz Minerals has upped its copper production expectations following a strong June quarter. The miner on Tuesday reported that copper production during the three months to June had exceeded expectations, with the company producing 22 181...
15th July 2014

Apollo raises funds to further exploration

Junior explorer Apollo Minerals was hoping to raise some A$2.2-million through a share placement to institutional and sophisticated investors. The company would place some 100-million new shares at a price of 2.2c a share.
11th July 2014

Four Mile uranium project, Australia Restricted

The Four Mile uranium mine officially opened on June 26.
4th July 2014

Oz Minerals hikes Malu underground resource

Copper and gold miner Oz Minerals has reported a 10% increase in the mineral resource estimate for the Malu underground project, in South Australia. The underground resource was currently estimated at some 75-million tonnes, grading 1.2% copper...
30th June 2014

Alliance sells stake in Australia’s newest uranium project

ASX-listed Alliance Resources has agreed to sell its 25% interest in the Four Mile uranium project, in South Australia, appointing Deloitte Corporate Finance to head the hunt for a buyer. Alliance has been embroiled in a number of legal battles...
30th June 2014
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