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Aurumin looks set to pocket $3 million and a 2 per cent net smelter royalty from the Mt Dimer gold mining tenements after entering into a binding sale agreement for the site with Beacon Minerals. The 2 per cent net smelter royalty is for gold production in excess of 12,000 ounces and on all other minerals Aurumin to focus its attention on the company’s Sandstone project in WA’s Mid West region, which holds a mineral applications next door to Sandstone with the potential to discover previously unknown areas of gold mineralisation

Late last November, Aurumin completed the sale of 13 of its Mt Dimer tenements to Beacon Minerals for tenements for gold and silver with Beacon Minerals and the potential future royalty on the Mt Dimer exploration tenements with MinRes. It contains an estimated mineral resource of 881,000 ounces of gold and is part of Aurumin’s greater lie south of Central Sandstone, with one featuring the promising Good Hope deposit where 29 tonnes mined

Lindian Resources (ASX: LIN) is fully permitted to begin the construction, mining and mineral processing Lindian is expected to release the findings of its feasibility study into the first stage of mining and mineral processing at the project this quarter and with 1000m mostly mineralised drill hits at the project drilling campaign at the operation with the aim of upgrading a significant portion of its inferred mineral work shows that outcropping carbonatite prospects both north and south of the main project are highly mineralised

Rio2 Limited has snapped up 15 per cent of Royal Road Minerals to gain exposure to the company’s geographically Credit: File Rio2 Limited (TSX: RIO) has created quite a stir in the Canadian mining space after buying nearly 40 million shares in fellow listed Royal Road Minerals, giving it a 15 per cent slice of the It is also a powerful vote of confidence from a proven mine-builder with serious runs on the board. Using a simple, low-cost heap-leach process and trucked water, the mine will kick off with a bumper 12

Hillgrove hosts Australia’s largest antimony deposit, with a mineral resource of 7.3 million tonnes going contingent payments totalling $900,000 are due upon completion of drilling and production of a specified mineral Four of those segments almost completely surround Larvotto’s Hillgrove gold-antimony mine, processing The district includes other players including Trigg Minerals’ contiguous Spartan West antimony project Timbarra gold deposit about 100km north of the Thunderbird’s Kookabookra project which boasts a total mineral

American West Metals has pumped up the mineral resource at its West Desert project in Utah with nearly The operation takes in more than 300 acres of private land, 336 unpatented mining claims and a single state mineral lease tallying up to about 32 square kilometres of ground. American West Metals managing director Dave O’Neill Indium is considered a critical and strategic mineral years and will help investigate how the deposit was formed, the characteristics of the ground’s indium mineralisation

At the Turnberry mine site, infrastructure has been expanded to accommodate underground mining functions along with the facilities for an open pit mining team. The Turnberry deposit hosts multiple broad zones of shallow, high-grade gold, with its mineral resource It is navigating a planned and staged pathway to operational start-up, actively expanding its mineral Meeka’s recent past strategy has been to rapidly expand the mineral resources of the Murchison gold project

intercepts exhibit strong (up to 3.7 per cent copper) vein and fracture-style chalcocite (copper sulphide) mineralisation with minor chalcopyrite and are bounded by broad haloes of lower-grade copper. Four zones of strong copper sulphide mineralisation hosted within fractured dolomite of the regionally-prospective It is the second new discovery of near-surface copper mineralisation in the Southern Graben Area this American West’s maiden JORC-compliant mineral resource estimate for Cyclone defines a combined indicated

micronising plant in the South West town of Collie in what it says is a first for the Australian battery minerals commissioning represents a major milestone in the development of a domestic graphite industry as part of its mine-to-market The Springdale project is a near-surface, potentially open-pit mining operation with a well-developed chief executive officer Andrew Worland Just last year, the company more than tripled the size of its mineral coal, and the Australian Government, which recognises the critical role graphite plays in the battery minerals

landed a $4.7 million funding agreement with the Federal Government as part of the national Critical Minerals The company says it plans to use the funds to fast-track an integrated mine-to-market graphite supply Government’s recognition of the potential role graphite and the company can play in the Australian critical minerals With our planned mine and concentrator at the Springdale Graphite Project near Hopetoun and downstream commitments, its project has the potential to strengthen Australia’s position as a leader in critical minerals

Emu NL has enlarged its mineralised footprint in the heart of Esperance’s rare earths region in southern it says is confirmation that the area is highly-fertile for rare earths with the potential for the minerals rare earths project to 1560sq km in an area that has been grabbing plenty of headlines because of its mineral China dominates mining and production of the minerals and while countries such as Australia and the United

With a mineral resource of 1.7 million gold-equivalent-ounces grading at an eye-raising 7.4 grams per The United States is desperate for reliable western supplies of critical minerals, including antimony This is equivalent to more than 80,000 gold ounces, based on an eight-year life-of-mine from underground