Mining Magazine Australia’s Post

Tennant Minerals Achieves Excellent Copper and Gold Recoveries at Bluebird (ASX: TMS) CEO Vincent Algar commented: “Building on our significant initial copper flotation test-work results, the latest more detailed cleaner-flotation tests, conducted over a wider range of material types, demonstrates the Bluebird copper and gold mineralisation can consistently deliver high-grade and potentially commercial copper concentrates of 24%-29% copper with gold content of up to 4 g/t. High copper recoveries which are consistently over 90%, and up to 98%, also underline the potential for positive outcomes from future economic studies into mining and extraction to produce a saleable copper and gold concentrate. “Furthermore, comparisons with reported copper-with-gold traded concentrates , and from other successful mines in the Tennant Creek area , support the view that Bluebird concentrates have the potential to be highly valuable at current copper and gold prices – which are continuing to rise. “These excellent results give us further encouragement as we prepare for our next drilling phase at Bluebird to continue expanding this exciting high-grade copper-gold discovery. Our overall goal is to establish a substantial resource base within our 100%-owned Barkly Project, which will support a stand-alone mining and processing operation at a time of increasing global demand for both copper and gold.” Read our article below: https://lnkd.in/g-dfT3mU #copper #gold #mining #exploration #asx

via StockHound: Tennant Minerals Achieves Excellent Copper and Gold Recoveries at Bluebird (ASX: TMS) CEO Vincent Algar commented: “Building on our significant initial copper flotation test-work results, the latest more detailed cleaner-flotation tests, conducted over a wider range of material types, demonstrates the Bluebird copper and gold mineralisation can consistently deliver high-grade and potentially commercial copper concentrates of 24%-29% copper with gold content of up to 4 g/t. High copper recoveries which are consistently over 90%, and up to 98%, also underline the potential for positive outcomes from future economic studies into mining and extraction to produce a saleable copper and gold concentrate. “Furthermore, comparisons with reported copper-with-gold traded concentrates , and from other successful mines in the Tennant Creek area, support the view that Bluebird concentrates have the potential to be highly valuable at current copper and gold prices – which are continuing to rise. “These excellent results give us further encouragement as we prepare for our next drilling phase at Bluebird to continue expanding this exciting high-grade copper-gold discovery. Our overall goal is to establish a substantial resource base within our 100%-owned Barkly Project, which will support a stand-alone mining and processing operation at a time of increasing global demand for both copper and gold.” Read full article here: https://lnkd.in/g-dfT3mU #copper #gold #mining #exploration #asx

Dundee processes 188,800 tonnes of complex concentrate in 2023 Dundee Precious Metals Inc. says it processed approximately 188,800 tonnes of complex concentrate in 2023, an 8% increase from 174,122 processed in 2022 at the Tsumeb Smelter. The company says the increase is despite the facility facing unexpected hurdles encountering unplanned downtime and extended Ausmelt furnace maintenance. The challenges, notably repairs to the off-gas system, led to processing figures below the annual guidance range as the smelter had aimed at 200,000 to 220,000 tonnes of complex concentrate smelted. "Despite the challenges faced in 2023, we remain committed to delivering strong results and maintaining our track record of sustainability performance," said David Rae, President and Chief Executive Officer of Dundee Precious Metals. https://lnkd.in/dBe_b9U4 #namibia #mining #gold Dundee Precious Metals Tsumeb Chamber of Mines Namibia

Copper, gold and lithium dominate mining deals 🔋🚀💯The race is on for minerals critical to the green economy. With the global push towards green energy, these metals are at the forefront of industry transformation. As demand for sustainable solutions grows, the strategic importance of these resources cannot be overstated. Investors and industry leaders, this is the moment to pay attention. The opportunities in mining are evolving rapidly, and those who adapt will lead the charge into a greener, more sustainable future Joe Lowry Anglo American Ashley Zumwalt-Forbes Matt Birney Moneyweb Critical Minerals Association (UK) Critical Minerals Association USA Critical Minerals International Alliance Buffalo Battery Metals Ltd #Mining #Gold #Copper #Lithium #GreenEnergy #Sustainability #IndustryTrends #Investing

The NSW Government’s new Critical Minerals and High-Tech Metals Strategy outlines a vision for the state to become a world leader in critical minerals. Courtney Houssos Chris Minns Paul Scully The Hon. Anoulack Chanthivong MP #CriticalMinerals #HighTechMetals #NSWCriticalMinerals #NSWMining #MiningNews #MiningMagazine

Horizon Minerals LTD (ASX:HRZ) has just wrapped up its independent ore reserve study for the Boorara Gold Project, conducted by AMC Consultants. The study confirms a financially viable project, with a projected open pit mine design producing 1.24 million tonnes at a fully diluted grade of 1.24 g/t gold for a total of 49,500 ounces over an estimated 14-month mine life. Key highlights include an ore sale agreement with Paddington Gold Pty Ltd, a wholly-owned subsidiary of Norton Gold Fields Ltd, that anticipates 45,800 ounces of recovered gold at a metallurgical recovery rate of 92.5%. The project is expected to generate A$19.9 million in free cash flow, assuming a gold price of A$3,300 per ounce. The Boorara project,15 kilometres east of Kalgoorlie-Boulder in Western Australia, is fully permitted with all statutory approvals in place. More at #Proactive #ProactiveInvestors #ASX #HRZ #Gold #Mining #PreciousMetals http://ow.ly/23Cs105C9v2

SIBANYE-STILLWATER’S COST-CUTTING MEASURES TO SAVE R6.6 BILLION ANNUALLY Green metals and gold mining company Sibanye-Stillwater has implemented measures to address loss-making assets, which are expected to secure annual savings and capital expenditure deferrals of R6.6 billion, announced Chairperson Dr. Vincent Maphai at the company’s online AGM on Tuesday. The Johannesburg- and New York-listed platinum group metals major is focusing on strategic essentials, such as reducing operating and capital costs and improving efficiencies. While prepared for an extended period of low prices, the company remains optimistic about the outlook for its produced metals. Despite the low prices, Sibanye-Stillwater, which…READ MORE HERE https://lnkd.in/dr-zvvKG

TNR Gold Corp. (TSX-V:TNR, OTC:TRRXF) shared an update from McEwen Mining on the Los Azules project in Argentina, where TNR holds a 0.4% net smelter returns royalty (NSR). McEwen Mining has reported enhanced #copper recovery rates from recent metallurgical tests, potentially bolstering project economics. Phase 1 testing demonstrated an average copper recovery of 76%, a 3.2% increase over previous estimates, with reduced net acid consumption. These improvements may significantly impact the project's financials, suggesting increased copper cathode production and enhanced after-tax net present value (NPV), McEwen said in a statement. Additional testing phases are ongoing to support feasibility studies, with Phase 2 focusing on deposit-wide variability and scalability, and Phase 3 examining material from the initial five-year mine plan. More at #Proactive #ProactiveInvestors #TSXV #OTC #TNR #TRRXF http://ow.ly/6MYt105k32Z

Copper, gold and lithium dominate mining deals 🔋🚀💯The race is on for minerals critical to the green economy. With the global push towards green energy, these metals are at the forefront of industry transformation. As demand for sustainable solutions grows, the strategic importance of these resources cannot be overstated. Investors and industry leaders, this is the moment to pay attention. The opportunities in mining are evolving rapidly, and those who adapt will lead the charge into a greener, more sustainable future

CuFe Ltd (ASX:CUF) has joined forces with two other Australian mining companies – Emmerson Resources Ltd (ASX:ERM) and Tennant Minerals Ltd (ASX:TMS) – to develop copper, gold and critical metals assets in the Tennant Creek region of Northern Territory. The partnership reflects a shift toward collaboration to overcome modern regulatory, environmental and financial challenges that have made independent, smaller-scale developments less viable. Collectively, the companies control 7.3 million tonnes of mineral resources at average grades of 0.6 g/t gold and 1.7% copper. By pooling resources, the companies can leverage the pooled assets while sharing costs. More at #Proactive #ProactiveInvestors #ASX #CUF #Copper #Gold #CriticalMinerals #Mining #BaseMetals #PreciousMetals http://ow.ly/LB5O105N9Hf