Elementos completes capital raising

Elementos Limited has recently raised Au$2.1 million through an over-subscribed rights issue and a private placement of shares to a number of strategic investors, which it will use to advance its Cleveland mine and tailings project in Tasmania. In a release the...

Trafford re-assays indicate “new tin province”

ASX-listed Trafford Resources announced latest results of a re-assaying programme at its 100% owned Wilcherry Hill tenements in South Australia, which were previously explored for iron ore and gold. Of over 80,000 samples previously assayed, so far only 5,400, or 7%...

Minister backs Venture project

Venture Minerals announced on 3 July that it had been granted a mining lease for its Mt Lindsay tin-tungsten project, and won strong backing from Tasmania’s Resources Minister Paul Harriss in its battle against local environmental campaigners. Venture said that...

Two stage plan for Cleveland revival

Elementos Limited has announced the results of a Pre-Feasibility Study on the re-opening of the old Cleveland tin-copper mine in Tasmania and treatment of tailings from historic workings. The company aims to start tailings treatment as early as 2016, thereby...

AusTin plans lower costs at Taronga project

AusTin Mining has made a number of changes in plans for its Taronga mine project in New South Wales which will substantially reduce operating and capital costs. A new pre-feasibility study has been delayed to take into account the changes, but is still due to be...

Stellar reports capital raising from new investor

ASX-listed Stellar Resources announced that it had issued 50 million shares to a new investor in the company, raising a net A$2.6 million. The funds will be used to advance its Heemskirk mine project in Tasmania and for working capital. In a statement Stellar...

AusTin new identity

Aus Tin Mining, formerly AusNiCo, has changed its name this week to reflect its focus on the development of the Taronga tin project in NSW, Australia, which it acquired at the start of this year. Aus Tin expects to begin tin production from Taronga in 2017. A...

Taronga project advances towards 2017 start-up

AusNiCo expects to begin tin production from its Taronga project in NSW, Australia in 2017, it said in a presentation to investors this week. A new review of the planned metallurgical ore processing flowsheet for the project by an independent consultant concluded that...

Consolidated still targeting 2014 tin production

Consolidated Tin Mines this week announced the results of a Pre-feasibility Study (PFS) on its Mt Garnet project in northern Queensland and is immediately embarking on a Definitive Feasibility Study (DFS). At a presentation in Sydney it announced a tight timetable of...

Queensland mine plans 2012 start-up

While attention is focussed on large-scale mine projects in Tasmania and Queensland aiming for start-ups between 2013 and 2015, MGT Resources is aiming to be the first Australian junior into production later this year. The company is looking at both hard rock and...