Austral Resources Australia Ltd
Austral Resources Australia Ltd is an Australia-based copper cathode producer, developer and explorer located in the Mt Isa District of northwest Queensland.
The business
Austral Resources Australia Ltd is an Australia-based copper cathode producer, developer and explorer located in the Mt Isa District of northwest Queensland. The Company’s projects include Anthill Project, Lady Annie Project, Cameron River Project, and Miranda Project. The Anthill Project area lies within the Lady Annie Project, and it is located 45 kilometers (km) from the Mt Kelly processing facility. The Lady Annie Project tenements are in the Western Fold Belt of the Mount Isa Inlier. The Cameron River Project tenements lie within the Eastern Fold Belt of the Mount Isa Inlier with the northern most tenement close to the boundary with the Central Kalkadoon-Leichardt Belt. The tenements are prospective for copper, gold and rare earths. The Miranda Project tenements lie predominantly within the Central Kalkadoon-Leichardt Belt of the Mount Isa Inlier. The Company has entered into an agreement to acquire the Rocklands Copper Mine located in North-West Queensland.
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Latest news
Austral Resources Achieves Refurbishment Milestone with SAG Mill Delivery to Rocklands Site
Austral Resources’ 4.75MW SAG mill has arrived at Rocklands, removing a major refurbishment risk as the copper project advances towards restart.
Shareholders Approve Austral Resources’ Takeover Bid Proposal for Hammer Metals
Hammer shareholders approve Austral Resources’ $80.8m takeover bid, with 99.8% backing and a spin-off of Hammer’s WA gold assets.
Austral Resources Targeting November Copper Recovery at Mt Kelly
Austral Resources targets November copper recovery at Mt Kelly after September output fell 21% below guidance, with acid shortages weighing on production.
Austral Resources Australia Hits High-Grade Copper-Gold at Cameron River
Austral Resources hits 15m at 4.59% copper and 1.16g/t gold at Cameron River, with 25 of 32 holes returning significant copper.
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