Company
Australian Mines Ltd
ASX:AUZ
Australian Mines Limited is an ASX-listed exploration and development company focused on gold, critical metals and energy-storage technology across Australia and Brazil. The company is building a diversified portfolio that combines near-term gold exploration at Boa Vista with longer-term exposure to scandium, nickel, cobalt, tin, lithium and rare earth elements through its critical metals projects.
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Australian Mines begins low-cost RC drilling at Thackaringa project near Broken Hill
This drill program is anticipated to take up to three weeks to complete, with the results to be announced in accordance with the company’s continuous disclosure obligations.
Australian Mines has potential of Flemington Project enhanced by further targets
Flemington is one of the most advanced cobalt-scandium-nickel projects in NSW and AUZ is progressing it towards development although its primary focus is the Sconi project.
S&P/ASX 200 runs out of steam but adds to the week’s gain of 1.6%
Retailers Adairs and Nick Scali rallied as both retailers provided positive sales updates.
Australian Mines completes cobalt and nickel offtake sample production runs from Sconi ore
Commercial-grade cobalt sulphate and nickel sulphate is being produced from a demonstration-scale processing plant in Perth for testing by potential offtake partners.
Australian Mines identifies 14 new nickel and cobalt targets within Sconi Project
Following an independent study conducted by SRK Consulting new targets were defined, both within existing Sconi tenements and near the current tenement package.
Australian Mines managing director shows faith in battery metals strategy with on-market purchase
The company recently received firm commitments to raise $1.45 million which will be used to produce battery-grade nickel sulphate and cobalt sulphate.
Australian Mines $1.45 million placement "strong endorsement" of battery metals strategy
Funds raised will be used to produce battery-grade nickel sulphate and cobalt sulphate for potential offtake and financing partners.
Australian Mines well-positioned to service expected battery metals demand increase
The company’s priority remains advancing discussions with potential offtake partners for the Sconi Cobalt-Nickel-Scandium Project.
Australian Mines committed to achieving 100% Carbon Neutral Status this year
The company intends to build a sustainable business that incorporates leading Environmental, Social and Governance (ESG) practices.
Australian Mines starts production runs to supply Sconi battery-grade material to potential off-takers
As well as nickel sulphate and cobalt sulphate, the demonstration plant will also be used to create high-purity scandium oxide for supply to a potential R&D partner.
Australian Mines continues to focus on developing the Sconi Cobalt-Nickel-Scandium Project
Sconi is a battery metals project and has a pre-tax NPV of $1.47 billion making it a world-class cobalt and nickel asset.
Australian Mines assigned royalty agreements for two tenements at Sconi
The company will assume the royalties in exchange for Metallica Minerals reducing the payment due upon the start of commercial production by 50%.
Australian Mines sets 2020 development agenda milestones
The emerging company is on the hunt for other offtake partners committed to serving up meaningful funding support.
Australian Mines delivers on milestones during September quarter
The company appointed experienced resources project builder Les Guthrie to the board as non-executive director starting from late November 2019.
Australian Mines updates Minnamoolka nickel-cobalt resource to meet JORC 2012 guidelines
AUZ recently initiated the largest resource extensional drilling program to date at the Flemington Cobalt-Nickel-Scandium Project in NSW.
Australian Mines strengthening Board through appointment of experienced engineer Les Guthrie
The company is an advanced battery materials developer that is seeking to extend the high-grade cobalt mineralised zone at the Flemington project in NSW.
Australian Mines begins resource extension drilling at Flemington in NSW
The drilling program is designed to extend the high-grade cobalt mineralised zone with about 10,000 metres of resource drilling planned over the next three months.
Australian Mines advances Sconi Project offtake discussions with SK Innovation
SK Innovation has advised Australian Mines that it has completed its due diligence with respect to the Sconi Project.
Australian Mines triples cobalt mineralisation footprint at Flemington
The high-grade cobalt-scandium mineralised footprint represents a tripling of the areal extent when compared to the footprint of the initial Flemington resource.