It estimates that over a 25-year mine life the project would increase real Queensland gross state product by A$2.53 billion and real household consumption by A$729 million. It points to up to 214 construction jobs and 128 direct operational roles, and Diatreme has set …
Capricorn hosts an Inferred resource of 659,300 tonnes at 1.2 grams per tonne gold, originally reported by Horizon Minerals (ASX:HRZ) in 2022. Inferred is the lowest-confidence resource category, so infill and extension drilling is needed before any part could support mine planning.
Managing director Venkatesh Padala described the decision as a great relief after an extended wait, and said the company could now finalise its maiden JORC resource and plan further exploration and development.
Esperanza sits at lower elevation, below the recent snow line, and the rig was set up to collar the first hole ever drilled there. Managing director Oliver Kiddie said the move kept the programme advancing while roads were restored, and noted that Esperanza was …
Chief executive Daniel Hastings explained the timing. With resource drilling at the established 309 and Lone Sister deposits awaiting remaining assays and interim modelling, the company is taking the opportunity to test what he called highly promising discovery targets. That is an efficient use …
Atana would make an initial US$800,000EquityInvestmentin Greenwing at a premium and could earn up to 37.5% of the project by funding an estimated US$15.3 million of development work. After a preliminary feasibility study, Atana would hold an option to buy the remaining 62.5% for …
It shows the company has worked with traditional owners to identify and avoid culturally significant areas, and it removes one of the two approvals the company has linked to drill readiness.
By contrast, the Lighting, Power and Electrical (LPE) Division delivered broadly flat revenue for the period, and the Powertrain and Undercar (PTU) Division managed marginal growth. Gross margins improved year-on-year, though operating costs were elevated by one-off items including a legal dispute with a …
The extension has become necessary because WOA's German manufacturingFacilityhas been wound down as the company transitions to a contract manufacturing model, meaning commercial product has not been available to Univar within the original timeframe. Rather than allow the agreement to lapse, both parties have …
The Zydeco-1 sidetrack intersected two oil-bearing sands on the way to its primary Tweedel gas objective. The shallower Borsum Sand sits at approximately 3,364 feet total vertical depth with 12 feet of net pay and average porosity of 32% — a high-quality reservoir at …