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Rousing resource results for Redcastle

Redcastle Resources has reported outstanding shallow drill results from its flagship Redcastle Gold Project in the north-eastern goldfields of western Australia. Gold was originally discovered at the Redcastle Mining Centre in 1897, and the company has identified...

Mining contributes $43 billion in company tax

The return to the community from Australia’s mining industry has again hit record levels, with a combined $43.2 billion in company tax and royalties paid in financial year 2020-21, a 16 per cent increase from the $37.3 billion contributed in the previous period....

Rio2’s Fenix EIA not approved

The environmental impact assessment (EIA) for the Fenix gold project, in Chile, has failed to win the support of a regional evaluation commission, which includes 12 governmental institutions, TSX-V-listed Rio2 reported on Tuesday. The company, which believes its...

Paramount strengthens board

US-based mineral developer Paramount Gold has appointed mining engineer Samantha Espley to its board as independent director. Espley is currently as a senior executive adviser for Stantec Engineering and recently as a corporate director with Vale, the...

Copper crash deepens as recession fears dominate

Copper extended a sharp retreat after the economic bellwether suffered one of its worst days since the depths of the pandemic in 2020 on growing fears of a global recession. Investors are fretting over a range of threats to demand, from Europe’s gas crisis to a US...

Success ramps up at KOTH and Darlot

Open pit mining at the King of the Hills gold project. The ramp-up of Red 5’s King of the Hills (KOTH) Gold Project in Western Australia is proceeding to plan, following the first gold pour last month. The new 4.7 million tonnes per annum KOTH processing plant is...
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