Image: Henri Koskinen/stock.adobe.com Green metals explorer Lord Resources has confirmed that Mineral Resources (MinRes) has completed its due diligence for the binding farm-in agreement both parties signed in late March. The farm-in agreement focuses on the Horse Rocks lithium project, located 8km west of MinRes’ Mount Marion lithium mine. Under the transaction, MinRes has the right to acquire an initial 40 per cent interest in the Horse Rocks lithium project by funding $1 million in exploration. MinRes has already started funding Horse Rocks exploration, with field work at the site recommenc ..read more

Paessler AG head of sales Asia-Pacific Felix Berndt. Image: Paessler. Most organisations are now reliant on their ability to transmit data about their daily activities, and the mining industry is no exception. The demand for precious minerals, metals and resources continues to rise and with it, the pressure to optimise mining operations has never been greater. To thrive in this highly competitive landscape, mining companies must embrace cutting-edge solutions that enable them to monitor, access and analyse critical data in real time. Real-time data for resource optimisation Mining companies op ..read more

Image: Gorodenkoff/stock.adobe.com Appian resources, energy and utilities account director Justin Grose reflects on how technology can transform mining supply chains for enhanced efficiency. Supply chain disruption strikes at the very heart of mining operations. Given the immense costs tied up in mining infrastructure and the tight timelines on which projects operate, any supply chain delays can come at significant cost. The impact of these disruptions is magnified by the remoteness of mining sites, where alternatives are few and the cost of a workaround is often prohibitively high. The intric ..read more

Martin Engineering business development manager Mike Masterson and product manager Sid Dev working at the air cannon test stand at the company’s Center for Innovation. Image: Martin Engineering Martin Engineering, a world leader in bulk handling solutions, is marking the 50th anniversary of its invention of the world’s first low-pressure air cannon. Air cannons have transformed material flows in bulk processing systems, eliminating problematic internal buildups and blockages. After five decades of continuous innovation, Martin Engineering remains at the forefront of air cannon advancements, en ..read more

Image: MinRes Mineral Resources (MinRes) has said its 2023–24 financial year (FY24) volume and cost guidance has been maintained across its operations during the March quarter. Iron Ore The Onslow Iron project in Western Australia remains on track for its first shipment in June, which the company expects will be completed on-time and on-budget. Overall iron ore shipments decreased six per cent from the December quarter to 4.5 million tonnes (Mt). The company said mining is operating at full capacity, with 9.4Mt of total material moved during the quarter. Iron ore mined at MinRes’ Yilgarn Hub i ..read more

The Mount Weld rare earths project. Image: Lynas Rare Earths. Lynas Rare Earths made strong progress across its growth projects during the March 2024 quarter amid lower rare earths prices. “Sales revenue and sales receipts for the quarter, at $101.2 million and $107.7 million respectively, reflected the low average NdPr price during the quarter and also our decision to hold both NdPr (neodymium–praseodymium) and SEG (mixed heavy rare earths) inventory rather than sell into the low price environment,” Lynas chief executive officer Amanda Lacaze said. Despite the low rare earths prices, Lynas ac ..read more

Image: T. Schneider/shutterstock.com Both total recordable injury frequency rate (TRIFR) and shipments improved for Fortescue during the March quarter, with the major achieving a record shipment month in March. The TRIFR for metals saw a 17 per cent improvement from December 2023 at 1.5. This was compared to a TRIFR of 1.8 at 31 December 2023. While iron ore shipments were six per cent lower at 43.3 million tonnes, shipments did recover during the quarter, with a record month for shipments of 18.7 million tonnes achieved in March. “The Fortescue team pulled together to successfully implement o ..read more

Image: Phawat/shutterstock.com Andromeda Metals has finalised the divestment of its 25 per cent stake in the Wudinna gold project in Gawler Craton, South Australia. Wudinna is now wholly owned by Cobra Resources, a gold explorer trading on the London Stock Exchange. For the stake, Cobra paid Andromeda $500,000 in cash and $1 million in Cobra shares. “Andromeda confirms that the sale and purchase has completed and Andromeda’s wholly owned subsidiary Peninsula Resources received $500,000 in cash, in addition to the 52,010,000 Cobra shares that were issued in advance of completion,” Andromeda sai ..read more

Image: Minakryn Ruslan/adobe.stock.com Revolver Resources has continued to make strong progress at its Dianne copper mine with ongoing support from the Queensland Government. Revolver is currently progressing detailed mine planning and scheduling activities, helped along by a maiden $1.3 million grant from the Queensland Critical Minerals and Battery Technology Fund. The mine is on track for targeted first copper cathode production during the second half of 2025. “Revolver is fortunate to be in a very unique position with a high-grade copper ore body at-surface at the Dianne mine,” Revolver ma ..read more

Drill rigs at Chalice’s Gonneville deposit in WA. Image: Chalice Mining Chalice Mining has begun steps towards a selective mining campaign at its Gonneville nickel-copper-platinum group element (PGE) project in Western Australia. Recent modelling work has focused on re-interpreting high-grade sulphide zones within the resource at a much more granular level, which the company said will maximise production in the face of weakened prices. “The remodelled high-grade sulphide resource marks the first step in the reset of the development strategy for the Gonneville project,” Chalice managing directo ..read more