by Gordon Barratt | Aug 31, 2022 | News
The Gruyere site Gold Road Resources has achieved strong net profit from record gold sales revenue of $196.5 million, up from $129.6m at the same time last year. The figures were achieved from an output of 79,606 ounces as a result of record throughput rates and...
by Gordon Barratt | Aug 30, 2022 | News
Two months of scorching heatwaves and drought plunged China into an energy security crisis. The southwest province of Sichuan, for example, relies on dams to generate around 80% of its electricity, with growth in hydropower crucial for China meeting...
by Gordon Barratt | Aug 30, 2022 | News
Diversified miner Rio Tinto has announced a $29-million investment to build new aluminium recycling facility at its Arvida plant in Saguenay-Lac-Saint-Jean, Quebec. The new recycling plant would expand Rio’s offering of low-carbon aluminium solutions for...
by Gordon Barratt | Aug 30, 2022 | News
Aprefeasibility study (PFS) for the redevelopment of the Kiniero gold project, in Guinea, has confirmed good economics, paving the way for discussions with financiers to accelerate, Canadian owner Robex Resources reported. CEO Benjamin Cohen said the company was...
by Gordon Barratt | Aug 30, 2022 | News
Mineral exploration statistics for the June 2022 quarter, released by the Australian Bureau of Statistics (ABS), have shown an increase in exploration across Australia. Exploration expenditure across Australia increased by 23.18 per cent, up by $198.3...
by Gordon Barratt | Aug 30, 2022 | News
Thiess’ acquisition of contracting group MACA is almost done and dusted. The founding shareholders of MACA, including Geoff Baker, Frank Maher and James Moore, have entered into written acceptance deeds with Thiess after the offer price for its off-market...