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Articles by Equatorial Resources
Kingwest goes deep for more high-grade gold hits at Menzies
Kingwest Resources continues to hit gold at depth at its Menzies project 130km north of Kalgoorlie, after the ASX-listed company hit its deepest-ever intercept below the Princess May shoot, returning a metre at 25.4g/t gold from 731.5m. Kingwest said the result proves that gold mineralisation continues below level 21 at the underground workings beneath the historical Yunndaga open pit.
Fenix releases positive feasibility study
Fenix says Iron Ridge has ore reserves of 7.76 million tonnes at a high grade of 63.9 per cent iron. facebook twitter linkedin print Fenix Resources expects its high-grade Iron Ridge project in Western Australia to deliver strong returns, helped by its low development cost. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month. Login (existing subscribers) Username/Email * Password * The password field is case sensitive.
Black Rock nails large-scale graphite trial
Black Rock Mining’s Mahenge project in Tanzania continues to make industry waves with the successful production of spherical graphite that exceeds industry standards for battery anode materials during a large-scale trial in a commercial environment.
Black Rock fast-tracks graphite production in Africa
Africa focussed graphite developer, Black Rock Mining, has significantly improved the metrics of its existing definitive feasibility study, or “DFS”, for the Mahenge graphite project in Tanzania, by including a fourth production module at the proposed mine. The company’s offtake customers effectively requested a more aggressive ramp-up of the operation, which produces a highly sought-after, world-class premium graphite flake product.
Juniors to raise $15.1m
Three junior explorers have announced capital raisings, with Beacon Minerals and Galan Lithium allocating the funds raised towards their respective flagship projects, while Pacifico Minerals is seeking to acquire a project.
Panel rejects Auris application
The Takeovers Panel has thrown out an application from Perth-based Auris Minerals to stop a group of dissident shareholders from voting at a meeting to spill the company’s board. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Egan Street secures $11.9m of options
Gold hopeful Egan Street Resources has secured $11.9 million of funding via the exercise and underwriting of the company’s listed options, with the proceeds to be used at its Rothsay project. Egan Street has entered into an agreement to underwrite the company’s listed options up to a value of $6.89 million.
Perth cobalt explorer in Canadian takeover
A Canadian company has entered into an agreement to acquire Perth-based Cobalt One under an all-scrip deal that values the target at about $63 million. Shareholders in Cobalt One, formerly known as Equator Resources, will receive 14.5 of a First Cobalt common share for every share they own in the company, representing an equivalent of 11 cents for every Cobalt One share.
Talga taps into concrete innovations
Talga Resources has agreed to work with a German building materials producer to explore the use of graphite and graphene to enhance concrete applications. Perth-based Talga, which owns five graphite projects in Sweden, has entered into a memorandum of understanding with Heidelberg Cement to jointly explore business opportunities where Talga’s graphite and graphene-based materials in carbon would be used to enhance concrete applications for use in building and construction projects in Europe.
New arrivals to open up ancient ore body
ANALYSIS: Technology is exposing the resource-rich but isolated Yamarna region. More than 120 years after gold saved Western Australia from an economic depression, a new gold-rich region of the state is at the centre of a curious case of history repeating.
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