exploration

Gold was down in terms of exploration expenditure for the September quarter, according to the Australian Bureau of Statistics (ABS), while iron ore made up ground by $23.8 million.

Spot gold prices have hit another five-month high – the second time in 2021 they’ve peaked at such an interval – reaching $US1866 ($2544) per ounce to end Friday, November 12.

The Western Australian Department of Mines, Industry Regulation and Safety has provided updated information on the criteria for explorers and prospectors, highlighting land disturbance limits.

Australia’s resources sector has seen a number of records and high achievers over the past year, including gold production in Victoria and exploration in Queensland and South Australia. 

Geoscience Australia has released an electrical conductivity model for northern Australia, enabling a deeper understanding of mineral compositions hundreds of kilometres below the surface.

St Barbara has outlined aspirations for a new open pit to be constructed at its Leonora gold operations in Western Australia.

The Western Australian Government has announced the latest recipients of its Exploration Incentive Scheme co-funded drilling program.

The global metals industry is bouncing back hard from the COVID-19 pandemic, enjoying major exploration budget increases in 2021.

The Queensland Government has partnered with the University of Queensland (UQ) to develop a digital tool for mining exploration, uncovering almost 600 mineral and rare earth deposits.

The Australia gold market is facing a flurry of exciting developments. Fat Tail Investment Research gold investments editor Brian Chu explains what’s to come for the sector.

The Western Australian resources sector carried the national economy through an arduous 12 months to June 30, as minerals and petroleum sales grew to $210 billion.

Australian spending on mineral exploration has rocketed to its highest amount in almost a decade as activity surges in key mining states like Queensland.

The integration of autonomous LiDAR technology, Hovermap, and a robust European-made drone provides an unrivalled solution for the mapping and inspection of complex environments.

The Western Australian Government has released its mineral and petroleum resources development strategy, prioritising six points including regional areas, exploration, and streamlined approvals.

The Tasmanian Government has given mining a boost in its Budget for 2021-22 with further investment in the Exploration Drilling Grant initiative and the Geoscience initiative.

Gold, iron ore, copper and minerals have all seen increased exploration expenditure in 2021, according to the Australian Bureau of Statistics (ABS) which affirmed a positive outlook for the Australian mining industry.

The original equipment manufacturer’s breakthrough autonomous blasthole drill is a big stride forward in safety and productivity.

The Queensland Government has found over 900 mining leases were operating without a valid mining tenure and is seeking to retroactively approve them.

The Queensland Government has awarded 16 companies with a share in over $2.5 million for the fifth round of its Collaborative Exploration Initiative.

SPT’s GyroMaster survey tool has enabled mining engineers to drill an 848-metre hole in frozen ground with high precision.