Australia is a land rich in natural resources, and we have often benefitted from the richness these resources provide us. As a major trading country, we are also economically dependent on these mineral and energy resources — particularly iron ore, uranium, and natural gas.
Given that we depend on these resources so much, economic downturns and the end of the mining boom in 2012 have shown just how much Australia relies on traditional mining projects.
Concerns about depletions and scarcity of resources, along with environmental considerations, have made it abundantly clear that new mining solutions and technologies are required if Australia is serious about the future of the industry.
The recent high price of gold has pushed shares of both gold miners and explorers higher. But, Australia’s largest gold miners took a tumble yesterday as the gold price began to fade on the back of renewed optimism of economies reopening. Gold is still trading at some of the highest levels we’ve seen in a […]
It’s a done deal. Perseus Mining Ltd [ASX:PRU] has acquired Exore Resources Ltd [ASX:ERX]. A major agreement that has seen the latter’s share price climb 37.1% higher today. What it means is that Perseus will gain full control and rights to Exore’s key Côte d’Ivoire (Ivory Coast) projects. Promising gold fields that neighbour Perseus’ own […]
The Apollo Consolidated Ltd’s [ASX:AOP] share price is up 5.5% today. At time of writing, shares are trading at $0.285. Apollo Consolidated is an exploration company listed on the ASX. The company has gold mining projects in Western Australia and the Ivory Coast. What happened with Apollo Consolidated today? Today, the company released the results […]
Valor Resources Ltd [ASX: VAL] announced yesterday they’ve completed the settlement on the sale for their Radio Gold Project located in Western Australia, around 400km from Perth. Valor Resources is an ASX listed mineral explorer with projects in Peru. The company acquired an interest on the Radio Gold Project last year. The mine has a […]
Aussie rare earths explorer Rarex Ltd [ASX:REE] has had a bumper end to the month of May, its share price is up 100% over the last 30 days. The rise in the REE share price has been spurred on by an announcement regarding drill results at its Trundle project and exploration recommencing at its Cummins […]
Microcap rare earths explorer RareX Ltd [ASX:REE] has watched its share price jump 37.50% this morning, on results released from its Trundle project. Source: Trading View The results mark the first drill hole completed at the project located in the Macquarie Arc of the Lachlan Fold Belt, in central west NSW. Drilling was completed by […]
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