CAPITAL MARKETS

Mining Briefs: Heron, NTM and more

News from Heron, NTM, Estrella and Australian Vanadium

Staff reporter
 Heron's Woodlawn mine in New South Wales

Heron's Woodlawn mine in New South Wales

Suspended base metals miner Heron Resources says a review of its Woodlawn project in New South Wales by independent experts has confirmed no ongoing technical or operational flaws.

Delays in plant construction has forced the company to seek additional capital, which the company is now in discussions over.

Its lender has agreed to a standstill until September 27.

NTM Gold has reported further high-grade results from its Hub prospect, part of the Redcliffe gold project near Leonora in Western Australia.

The latest results included 7m at 7.8 grams per tonne gold from 55m, including 3m at 10.7gpt gold; and 10m at 4gpt gold from 118m, including 3m at 6.9gpt gold.

Hits from Redcliffe East included 14m at 2.3gpt gold from 41m, including 3m at 3.8gpt gold; and 20m at 1.4gpt gold from 164m, including 3m at 2.8gpt.

Diamond drilling will begin next week.

Estrella Resources has sold the nickel rights for the Munda project in Western Australia to an "unrelated third party" for A$250,000.

The company retains the gold rights and will focus on its Carr-Boyd nickel project.

Finally, Australian Vanadium has appointed Metso to undertake a vanadium roast pilot in the US.

Definitive feasibility bench-scale pelletised roasting tests have shown an increase in vanadium extraction, averaging 95.4% compared to standard rotary kiln extractions of 85-88% considered in the prefeasibility study.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.