Exploration activity in Australia has been noticeably lower for the past five years, but there are signs of optimism.
Brisbane based company Gap Geophysics has developed new technologies to investigate further depths during mineral exploration.
Exploration budgets in Australia continue to fall, according to a new report from S&P Global Market Intelligence.
Australian-listed companies are spending more on exploration, according to the latest research from BDO.
The Association of Mining and Exploration Companies (AMEC) has welcomed the Federal Government’s $100 million exploring for the future program.
The latest figures from the Australian Bureau of Statistics (ABS) show that greenfields exploration activity has increased over the past six months.
A further $4.75 million in funding has been committed to the Western Australian Government’s exploration incentive scheme’s (EIS) co-funded drilling program.
Newcrest and Randgold have entered an agreement to create an exploration joint venture in the south east of Cote d’Ivoire in West Africa.
According to a report in the Brisbane Times, East Timor’s former prime minister and Nobel laureate Dr Jose Ramos-Horta has appealed to Australia’s sense of a “fair go”, asking for a sea boundary to be moved to enable more equal sharing of the estimated $40 billion in oil and gas reserves in the Timor Sea. … Continue reading East Timor’s Nobel laureate asks Australia to show ‘fair go’ over oil
Deep Exploration Technologies Cooperative Research Centre (DET CRC) has signed a licencing agreement for its technology for monitoring and optimising diamond drilling – the Wireless Sub – with Boart Longyear, the supplier of drilling services, drilling equipment and performance tooling. The Wireless Sub couples the drill rig to the drill rods in the hole and … Continue reading Wireless sub – technology for smarter, faster drilling
Iceland is drilling into volcanoes to tap the energy created by magma, which could act as an innovative new form of renewable energy. The Iceland Deep Drilling Project (IDDP) is currently drilling five kilometres below Reykjanes in south-western Iceland, along a tectonic fault line. At this depth, magma that moves underground through volcanic activity mixes … Continue reading Iceland finds powerful energy source in volcanoes
A new report by SNL Metals and Mining has found Africa holds the world’s largest resources of gold.
Exploration in Queensland’s North West Minerals Province will be open for tender this Friday, with potential for gold, copper, zinc, and lead resources.
A new South Australian 3D exploration model has been launched, to view underground geological landscapes of an entire state to depths of up to 100km.
The NSW Government has bought back BHP’s Caroona coal exploration licences on the Liverpool Plains for $220 million.
Gold has been the rock star of this year’s Diggers & Dealers, Evolution Mining’s Jake Klein has said, but nickel and lithium are the surprise winners of 2016.
Rio Tinto has announced it will invest $338 million to complete development of its existing Silvergrass iron ore mine.
Geoscience Australia’s Mineral Potential Mapper tool has won the Engaging with the Edge category at the 2016 Public Sector Innovation Awards.
The seventh of a ten part series examining the trends that will drive the mining industry in 2016.
OZ Minerals has partnered with Mithril Resources to explore seven new licence areas in South Australia’s last underexplored frontier.