Mining Community Gets Behind Important WA Organisations

As the Western Australia mining sector continues to operate amid the Covid19 pandemic, the Chamber of Minerals and Energy of Western Australia has been instrumental in providing support to three Western Australian organisations at a time of crisis. Over $6 million has been distributed to the Royal Flying Doctor Service Western Operations (RFDS WO), Foodbank …

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PM Announces Biggest Economic Stimulus To Date

In Canberra on March 30, Prime Minister Scott Morrison has announced a massive stimulus package for employers to keep paying employees who are affected by the Coronavirus. The Federal Government is committing $130 billion over six months to support up to 6 million Australians which equates to around $1500 per fortnight. This will be known …

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Saracen Response To Covid 19 While Keeping Financial Guidance

In a buck against current trends, miner Saracen has announced it will not be reducing its guidance at this point. The company remain on track for upwards of 500,000oz as part of their FY2020 guidance, but are also taking huge measures to protect staff and production at this time. The guidance for the FY2020 will …

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Gold Hits Australian Record Overnight

It’s been on one rollercoaster ride lately, but overnight gold hit a record Australian price $2828.99 While restrictions on business, major disruption of industries and so much uncertainty loom, Gold has started to become the beacon for the world to look towards with much needed positivity.    Gold is safe haven buying. It provides comfort to markets in times of crisis. Not since 2011 have we seen the price …

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Galileo Hits Intersect At Lantern Project

Galileo Mining has announced some significant results from its Lantern Project,  as part of the Kitchener northern tenement as part of the Fraser Range Zone. Reverse Circulation drilling revealed a source of geochemical anomaly by intersecting nickel and copper sulphidemineralisation in fresh rock.  Of three RC Drill holes, the following results have been revealed with …

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Maiden Air Core Drilling By Krakatoa At Belgravia

A maiden air core drilling program has been completed by Krakaota Resources at its Belgravia Project  7km east of Molong and 20km NW of Orange in New South Wales.  A total of 128 holes were conducted for 2358m, but also expanded high resolution aeromagnetic survey of the Project was completed as well.   In a release to market by Krakatoa, the …

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Diggers And Dealers 2020 Date Change Announced

The highly regarded Diggers and Dealers Mining Forum in Kalgoorlie Boulder has today announced a change of dates for 2020. Forum Chairman Jim Walker announced the details today via email. We have been paying close attention to the developments in Australia and Internationally in relation to the outbreak of COVID-19. With our focus being on …

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Virgin Australia Response To Coronavirus

Earlier this week Qantas announced flight changes and capacity reductions related to Coronavirus. Today, Virgin Australia Group has announced a cut in international and domestic services, but remains positive on the effect of its business. Flights on the International Virgin Australia Network to Los Angeles, Japan and Trans Tasman flights will be reduced while Virgin …

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Alkane Resources EFA Confirmation Gives Support For Dubbo Project

Alkane Resources are an Australian gold producer and rare earths developer and have moved to develop their project around Dubbo. This comes after Australia’s export credit agency Export Finance Australia (EFA) confirmed they seek to develop new export markets with a focus on “Critical Minerals” sector. The EFA sent confirmation to Alkane with the following …

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