AUSTRALIAN MINES ORD
Australian Mines Fast-Tracks Flemington Scandium Project with $3m Strategic Placement
Australian Mines (AUZ) raises $3m in a Tribeca-led placement to fast-track Flemington scandium project to PFS, lifting cash to over $6m.
Australian Mines Records Second-Highest Gram-Metre Result to Date at Boa Vista Project
First assays from diamond drilling at Australian Mines’ (ASX: AUZ) Boa Vista gold project in Brazil have confirmed strong and broad gold mineralisation within the interpreted mineralised envelope.
Australian Mines launches scoping study review for high-grade Flemington scandium project
Australian Mines (ASX: AUZ) is advancing the review of a historic scoping study for the high-grade Flemington scandium project in New South Wales. The 2017 study will be subject to capital, operating and revenue estimate updates, which indicated a net present value of up to A$255 million and a 37.3% internal rate of return using […]
Brazil’s rare earths industry working hard to overtake China’s dominance, ASX explorers poised to benefit
Mining heavyweight Brazil is working hard to overtake China as the world’s dominant source of rare earth elements (REE) production and processing. The Latin American nation’s rare earths mining industry has just started to gain momentum despite having been a major mining destination for decades. Established mining industry regulations and lower labour costs compared to […]