Investors are rushing into gold stocks as the precious metal continues to hit new highs. The gold price is now above $2000 per ounce, for the first time ever, and it seems to have plenty more in the tank with forecasters tipping a rise to $US3000 ($4124) per ounce within a year.
IGO has exceeded guidance for all metals produced at the Nova nickel mine in Western Australia’s Fraser Range for the second year in a row.
Drilling is underway at Galileo Mining’s Fraser Range nickel belt tenements, which are highly prospective for nickel-copper sulphide deposits similar to the operating Nova mine.
IGO has exceeded full-year production guidance for all metals at the Nova nickel-copper-cobalt mine in Western Australia, despite challenges caused by bushfires and the COVID-19 pandemic.
Galileo Mining has started electromagnetic (EM) surveying at tenements in search for its next nickel target in Western Australia’s Fraser Range region, which houses IGO’s prospective Nova nickel mine.
IGO has pledged to back Legend Mining’s proposal to raise $20 million in funding to progress the Rockford project in Western Australia.
Legend Mining is honing in on what could be a potential Nova-style discovery, recording its best drill hole result so far at the Rockford project’s Mawson prospect in Western Australia.
Legend Mining’s latest diamond drillhole results at the Rockford project in Western Australia have provided further evidence that a large mineralised system is present at the Mawson prospect.
Chalice Gold Mines has received strong backing for the next stage of the Julimar project in Western Australia, raising $30 million.
IGO is set to begin drilling for nickel, copper and zinc at the Thunderdome joint venture project in the Fraser Range, Western Australia.
Legend Mining has unearthed “the most significant and exciting discovery in the Fraser Range post Nova” during the first diamond drilling at the Mawson prospect in Western Australia this year.
Galileo Mining has unearthed more potential for a high grade nickel discovery at the Lantern prospect in Western Australia.
Legend Mining has uncovered a significant nickel-copper discovery in its Rockford project in Western Australia’s Fraser Range, at the western end of the Nullarbor Plain.Legend Mining has uncovered a significant nickel-copper discovery at the Rockford project in the Fraser Range, Western Australia.
Independence Group (IGO) now owns 90 per cent of the Plumridge nickel project in the Fraser Range, Western Australia after completing its farm-in expenditure with joint venture partner Arrow Minerals.
Classic Minerals has signed an earn in and joint venture (JV) agreement over its Fraser Range operations with Independence Newsearch, a wholly owned subsidiary of Independence Group.
Utilising innovative technology to fast-track both the exploration and exploitation of mining sites is the key to success in the modern age, according to Independence Group (IGO) managing director and CEO, Peter Bradford.
MICROMINE has won a contract to implement the Pitram fleet management and mine control software at Independence Group’s (IGO) Nova nickel-copper-cobalt mine in Western Australia.
Barminco has been awarded a four-year contract extension worth $240 million with Independence Group (IGO).
The nickel industry should be prepared for nickel shortages of 150,000–300,000t/y by the early 2020s due to increasing market demand, according to a Poseidon Nickel chief.
Nickel miner Independence Group (IGO) is set to lower the operating costs at the Nova operation in Western Australia by adding solar power to the site’s energy mix.