Mining

Under the MoU, Willetech proposes to subscribe for new shares in the project company, Kameelburg ExplorationMining(KEMPL), to secure a 51% interest across an area of about 6 square kilometres. The remaining project tenure would be spun out into a separate entity. Aldoro's holding in …

The company said it expects to appoint a construction contractor before the end of 2026, and it is targeting construction completion and the start of production in the second half of 2027.

The licence runs for seven years and covers about 4.5 hectares within the Comstock mine site, roughly 2 kilometres north-north-west of St Arnaud. It includes the Walkers zone and the main Comstock Shear, both target areas for mining.

EGRC018 returned 16 metres grading 2.3 grams per tonne gold, 70g/t silver, 1.4% copper, 8% zinc and 4.1% lead from 112 metres downhole. Within that interval, 6 metres graded 5.2g/t gold, 157g/t silver, 1% copper, 18.4% zinc and 9.5% lead, and a separate 2-metre …

Ashes lies in the Ordovician Macquarie Arc, about 10 kilometres east of the Northparkes copper-gold mine. The Macquarie Arc hosts several of Australia's best-known porphyry deposits, including Cadia and Northparkes, which is why explorers in the belt pay close attention to IP responses.

South32 shareholders approved the transaction on 15 October. Regulatory clearances and other customary conditions are still outstanding, and Alcoa says regulatory approvals and integration planning are progressing.

The Brightstar deal also brought a non-binding heads of agreement to examine whether Panther's Burtville East gold project could be mined and processed through Brightstar's Laverton infrastructure. If it goes ahead, this would give Panther a route to development without building its own mill. …