Mining

The US Bureau of Economic Analysis released its advance estimate of gross domestic product for the September quarter, showing real growth accelerated compared with the June quarter. The advance estimate is the initial reading for the period and is subject to revision as more …

Hole 26TH015 was designed to test a significant magnetic low identified in AuKing's earlier airborne survey, and it was drilled back towards Tundulu Hill. The hole returned 67 metres at 1.68% total rare earth oxides (TREO) from surface. Within that interval, the company reports …

Hole EDDT001 returned 5.00 metres at 13.66% zinc and 0.04% lead, including a one-metre interval grading 25.70% zinc. Other intercepts include 4.00 metres at 6.01% zinc and 0.31% lead in EDDT006, 5.49 metres at 5.69% zinc in EDDT009 and 11.00 metres at 2.79% zinc …

AHRL's board declared a dividend of OMR 2,000,000, with the consent of Sohar International Bank, the lender to the Al Wash-hi project. Alara's 51%Equityinterest entitles it to OMR 1,020,000, which the company has now received and which is equivalent to approximately A$3.78 million.

Drill hole WDRC1044 returned 6 metres at 56.5% Fe from 28 metres, including 3 metres at 61.3% Fe from 31 metres. Other notable iron intervals include 5 metres at 58.1% Fe from 26 metres in WDRC1032 and 4 metres at 58.8% Fe from 25 …

The field team examined the strike extensions and widths of high-grade gold-cobalt mineralisation and submitted 25 samples of rock chip, float, stockpile and stream sediment for analysis. The historic mine occupies only about 6 hectares within roughly 2,950 hectares across three tenements.

The assessment projects that real Queensland Gross State Product would rise by $2.53 billion during operations, and that real household consumption in the state would increase by $729 million over the 25-year mine life. These are modelled projections rather than confirmed outcomes.