Australia invests A$566m to map mineral deposits

Outback / S2 Resources gold deal, Queensland invests A$20m in tungsten, Sigma ups Brazil lithium estimates

Forward this email  |  View in browser MiningTechnology In Brief May 10, 2024 SPOTLIGHT READ Australia invests A$566m to map mineral deposits, energy sources The investment will help generate data, maps and tools that will guide new discoveries and sustain the economy. LATEST NEWS Queensland invests A$20m into Mt Carbine Tungsten Mine The loan facility is set to fast-track EQR's expansion plans at the Mt Carbine Tungsten Mine.   Outback to acquire S2 Resources' Finnish gold projects For this deal, the company has agreed to pay C$1.5m ($1.1m) in cash and C$5.5m in Outback Goldfields shares.   Sigma Lithium boosts mineral reserves at Brazil's Grota do Cirilo The expansion equates to an additional 22.2 million tonnes (mt) and raises the consolidated reserve balance to 77mt.   Metals Australia announces contracts to support Quebec graphite project These contracts are aimed at enhancing the project's potential for battery-grade graphite production.   Tertiary gets environmental nod for Zambia copper project The approval allows the company to commence mineral exploration activities at the project.   US Gold receives operating permit for Wyoming gold project This approval for the project is subject to conditions including a $5.1m reclamation performance bond. Read more news INDEPTH READ Platinum Mining Market Overview   GlobalData's latest report offers detailed historical and forecast period data on the global platinum industry. It provides a complete view of the platinum reserves globally, with a breakdown of key platinum mining countries and the prevailing platinum prices in those countries. It also analyzes the competitive business landscape, highlighting company profiles of a few of the major market participants. Buy report MORE FOR YOU Explore our marketing solutions   Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.    Request a demo MINE Digital Magazine   MINE Issue 140 | May 2024   In this issue: Progress on the path to net zero, digital innovation for GETs, Angola looks beyond diamonds, and more Read the magazine Click below to view more from across the network: Power Technology   |   Offshore Technology   |   Energy Monitor   Was this email forwarded to you? Sign up here.   Please send any news or comments to: energy.editorial@verdict.co.uk   GlobalData   At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.    GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom London  Unsubscribe  |   Manage Preferences