IGO

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.

IGO has signed an exploration farm-in agreement with Antipa Minerals to explore gold-copper tenements in Western Australia’s Paterson province.

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.

Mincor Resources intends to raise $50 million to accelerate activities at the Kambalda nickel project in Western Australia ahead of reaching a final investment decision this year.

IGO has inked a $7 million agreement with ASX-listed explorer Matsa Resources for the Symons Hill nickel project in the Fraser Range, Western Australia.

Metals X has locked in a $32 million joint venture with IGO at the Paterson base metals exploration project in Western Australia.

Encounter Resources has commenced on ground exploration activity at its Yeneena copper-cobalt joint venture (JV) project with IGO in Western Australia.

IGO has pledged to back Legend Mining’s proposal to raise $20 million in funding to progress the Rockford project in Western Australia.

IGO is set to begin drilling for nickel, copper and zinc at the Thunderdome joint venture project in the Fraser Range, Western Australia.

IGO has increased quarterly production at the Nova mine in Western Australia, including record copper output, despite changes to its workforce due to the coronavirus pandemic.

Upgrading from a voice-based fleet management system to an automated mobile solution enables mine managers to gain critical efficiencies across their site, resulting in a positive effect on their operations bottom line.

IGO and Orion Minerals have recommenced drilling at their joint venture tenements in the Fraser Range as Legend Mining reported significant nickel-copper discoveries at the nearby Mawson prospect.

IGO is set to own up to 18.4 per cent of New Century Resources through a $27 million investment in the operator of the Century zinc mine in Queensland.

Leaders of the resources sector and the Federal Minister for Resources, Water and Northern Australia, Keith Pitt have convened in Canberra to come up with a plan against the impact of the coronavirus outbreak.

Australia is set to grow its nickel production against a backdrop of significant global slowdown in the commodity over the next decade, according to Fitch Solutions.

In December 2019, Legend Mining catapulted to a $200 million market capitalisation after exploration drilling revealed a nickel-sulphide discovery at its Rockford project’s Mawson prospect in the Fraser Range nickel belt in Western Australia.

Australian gold production reached an all-time record of 325 tonnes last year, with a particularly outstanding December quarter, according to Surbiton Associates.

IGO chief executive and managing director Peter Bradford expects the growing electric vehicle and renewable energy markets to have a strong influence on future nickel and copper prices.

IGO has finished the first half of the 2020 financial year strongly, exceeding production guidance at its Western Australian nickel and gold mines during the December 2019 quarter.

IGO has changed its name from Independence Group to IGO Limited, marking a change in its company type and constitution.