exploration

Artemis Resources’ plan to launch an exploration program on the 47K Patch gold-bearing conglomerates in the Pilbara has been approved by the Western Australian mines department.

Santos has gained rights to explore for more gas near Injune in Queensland’s south-west.

Newcrest Mining is assessing two new exploration opportunities with Encounter Resources as part of their project generation alliance.

The $100 million Junior Minerals Exploration Incentive (JMEI) proposed last year by the Australian Government has passed through the Senate in welcome news for the country’s explorers.

Professional services firm Herbert Smith Freehills believes a renewed focus on exploration and stronger commodity prices will be key factors that influence merger and acquisition (M&A) activity in 2018.

Rio Tinto has formed an exploration partnership in Serbia with ASX-listed junior Raiden Resources.

South32 is expanding its exploration partnership with AusQuest by providing funding for an additional four opportunities.

MOD Resources is aiming to “turbo charge growth” at its assets in the Kalahari copper belt in Botswana, Africa.

Global spend on nonferrous metals exploration is expected to rise by 20 per cent in 2018, in keeping with recent trends. Spend in 2017 reached around $US8.4 billion ($10.8 billion), up from $US7.3 billion in 2016, a 14 per cent year-on-year increase. According to a report from World Exploration Trends (WET) developed in association with … Continue reading Metals exploration spending expected to rise by 20 per cent in 2018 →

Brazilian-focused miner Avanco has delivered a 20 per cent increase in gold ounces at its CentroGold project in Maranhão State.

Newcrest Mining is assessing a major tenement position in the Tanami region of Western Australia acquired by project generation alliance partner Encounter Resources.

The Queensland Government has awarded $1.13 million of exploration grants, helping nine companies find new deposits of copper, gold and base metals in the state’s north west.

The Western Australian Government has announced that 44 projects will benefit from its Exploration Incentive Scheme (EIS) co-funded drilling program.

Rio Tinto has formed a mineral exploration collaborative partnership with China’s Minmetals.

Downer Blasting Services (DBS) has recently been awarded $240 million of new work in both open cut and underground mines in Queensland, New South Wales and Western Australia.

Gold explorer Kalamazoo Resources has discovered two nugget occurrences at The Sisters project in the Pilbara region of Western Australia.

Gold miner Newcrest Mining has signed an option and farm-in agreement with Toronto-listed Mirasol Resources at the Altazor High Sulfidation Epithermal (HSE) gold project in Chile.

A series of tests using deep-penetration technology in Western Australia could prove to be a game changer for the minerals exploration sector.

Chevron Australia has purchased three exploration interests in the Carnarvon Basin offshore Western Australia, comprising 50 trillion cubic feet of gas resources over an area of 23,170 square kilometres.

The program provides a more systematic process for releasing resource exploration tenders and to further bolster the state’s $20 billion-plus resources sector, according to the Queensland Government.