New WA rare earths deposit ‘world-class’

New WA rare earths deposit ‘world-class’

Victory Metals has struck gold—or rather, heavy rare earth elements and scandium—at their North Stanmore project in Western Australia. The find is being hailed as a ‘world-class’ deposit. This significant discovery has been acknowledged by the Geological Survey of Western Australia (GSWA). A division of the WA Department of Mines, Industry Regulation and Safety. The […]

Critical minerals funding kicks off

Critical minerals funding kicks off | Silverstone Perth

The Australian Government has allocated significant grant funding to propel critical minerals projects in Queensland and South Australia. Queensland Pacific Metals (QPM) is set to receive $8 million to boost domestic production of nickel and cobalt. Meanwhile, Renascor Resources, based in South Australia, will receive $5 million for its pilot project focused on purified spherical […]

Evolution Mining and Genesis Minerals are celebrating robust gold production

Celebrating robust gold production | Silverstone Mining News

Evolution Mining and Genesis Minerals are celebrating robust gold production achievements as they kick off the 2024–25 financial year (FY25). Evolution Mining Evolution Mining reported a significant 14% increase in gold production during the June 2024 quarter, yielding 212,070 ounces (oz) at an all-in sustaining cost (AISC) of $1275/oz. This marks a 13% decrease from […]

Australian Government fronts millions for critical minerals

Australian Government fronts millions for critical minerals | Silverstone

A substantial new grant from the Australian Critical Minerals Research and Development Hub (R&D Hub) is set to revolutionise critical minerals research. This funding will empower a pioneering CSIRO research program. This program is aimed at advancing critical minerals technology and fostering global collaboration in critical minerals science. With a $2.5 million investment, the grant […]

The future of autonomous mining

The future of autonomous mining | Australian Mining | Silverstone

The future of autonomous mining. XCMG automation manager Morgan David has a bold plan to usher Australia’s autonomous haulage solutions into a new era. Autonomous mining has evolved from science fiction to a reality in recent years. Major Australian mining companies are revolutionising their operations through advanced technology. The benefits of autonomous equipment enhanced productivity […]

WA mining legislation amendments to deliver certainty

WA mining legislation amendments to deliver certainty | Silverstone

The update on WA mining legislation amendments. The Western Australian Government has approved draft amendments to mining legislation to enhance the security of mining licenses and permits in the state. In 2017, a High Court case involving Andrew and Nicola Forrest and Stephen McKenzie Wilson determined that granted mining leases were invalid if they did […]

New Federal net-zero plan spotlights resources sector

New Federal net-zero plan spotlights resources sector | Silverstone

The Australian Government is crafting a new strategy to achieve its net-zero goals, emphasising collaboration with the resources sector. The Department of Climate Change, Energy, the Environment, and Water is spearheading this initiative, coordinating efforts across various departments. The strategy includes six sectoral emissions reduction plans, designed to address the entire economy. The plan for […]

Gender Diversity in Mining

Gender Diversity in Mining | Australian Mining | Silverstone Perth

Gender diversity in mining has become a critical focus for Australia. Some companies advancing their commitments significantly. Historically, mining jobs in Australia have been perceived as too demanding for women. However, in 2024, many mining businesses are challenging this stereotype, demonstrating that women are equally capable of contributing to one of Australia’s largest industries. Despite […]

Australia ranked in global mining report

Australia ranked in global mining report

Industry bodies have shared their perspectives on the mixed outcomes of the Fraser Institute’s 2023 Survey of Mining Companies report. Report Overview The report evaluates how mineral endowments and policy factors influence exploration investment attitudes globally. It ranks jurisdictions based on overall investment attractiveness, mining policy attractiveness, and geological attractiveness. This year, 293 respondents provided […]

SACOME makes Budget recommendations

SACOME makes Budget recommendations

The South Australia Chamber of Mines and Energy (SACOME) has urged the South Australian Government to implement additional measures to drive economic transformation in anticipation of the upcoming state budget. Key Proposals Critical Minerals Development Fund SACOME has proposed the creation of a Critical Minerals Development Fund to leverage South Australia’s existing minerals processing capacity. […]