Australian Mines expands Sconi potential with strong nickel-cobalt assays
The drilling is part of a 50,000-metre resource expansion program to test Sconi’s favourable geology and confirm the project’s true mineral endowment.
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 in research partnership to evaluate scandium use in next-generation batteries, shares surge
It is the second major R&D collaboration examining the use of scandium from the company’s Sconi project in Queensland.
Australian Mines' Sconi project being assessed by government infrastructure fund
A bankable feasibility study for the Sconi project is being prepared for release.
Australian Mines receives R&D tax rebate for scandium oxide process flowsheet development
The company has developed a flowsheet that results in production of a scandium oxide of purity levels in excess of 99.9%.
Australian Mines subsidiary Norwest Minerals issues prospectus for IPO
The subsidiary holds the non-core gold and base metals exploration assets of Australian Mines in Western Australia.
Australian Mines assigned ‘spec buy’ recommendation in initial Argonaut research
The company has the opportunity to be a globally significant supplier of nickel and cobalt sulphates through its pipeline of projects: Argonaut Securities.
Australian Mines drill results extend nickel cobalt resource potential
Results will now feed into an updated JORC resource estimate for the Greenvale deposit.
Australian Mines boosted by $12 million investment from US fund
The agreement with Bergen Global Opportunity Fund II limits share value dilution and provides inbuilt flexibility with competitive terms.
Australian Mines to acquire cobalt nickel scandium project
Drilling is being planned to expand the current JORC resource at Flemington.
Australian Mines plans RC drilling at priority targets at Marymia
Norwest Minerals plans to raise $6.6 million in an IPO by the end of October 2018.
S&P Global Market Intelligence highlights 83% reduction in major copper discoveries
The drop-off in discoveries of more than 500,000 tonnes was experienced despite a 114.5% increase in exploration expenditure between the two periods.
Hylea Metals adds scandium to its Tiger’s Creek battery metals discovery
The company believes the substantial scandium mineralisation will further enhance the project’s existing cobalt, nickel and platinum upside.
Diggers and Dealers Mining Forum focuses on growth, exploration and acquisitions
Presenters at this year’s Diggers and Dealers Mining Forum in Kalgoorlie in the Western Australian Goldfields looked at the question of growth, and whether to focus on acquiring new projects or explore to increase production.
Australian Mines plans copper-gold drilling at Arunta West project
The targets indicate iron oxide copper-gold mineralisation similar to Ernest Henry and Olympic Dam.
Australian Mines zeroes in on high-grade copper and gold targets
The copper grades of all 87 rock chip samples averaged 6.3%.
Australian Mines secures $5 million for IPO spin-out
$4 million of the planned $6.6 million of IPO funding has been committed.
Hylea Metals extends high-grade battery metals mineralisation
Assays return results of up to 0.61% cobalt, 10.55 g/t platinum, 720ppm scandium and 1.38% nickel.
Castillo Copper expedites cobalt exploration at Broken Hill project
Mapping and sampling has confirmed the presence of almost identical material to that found at Cobalt Blue’s nearby project.
Australian Mines identifies large scale cobalt-in-soil anomalies at Thackaringa
The company's shares are trading about 8.5% higher intra-day, at 8.9 cents.
Investments and investor services
Ausmon Resources up 40% after being granted tenements near Broken Hill prospective for cobalt
The new licences are near Cobalt Blue Holdings’ Thackaringa Cobalt Project.