Carbine Resources Ltd
Carbine Resources Limited is an Australia-based company, which is engaged in mineral exploration and evaluation.
The business
Carbine Resources Limited is an Australia-based company, which is engaged in mineral exploration and evaluation. Its projects include Muchea West Silica Sand Project and Down South Silica Sand Project. The Muchea West Project is located approximately 40 kilometers (km) north-northeast of Perth and approximately 500 meters (m) to the west of Muchea. The Muchea West Silica Sand Project covers a land area of approximately 102 square kilometers and consists of a single granted exploration license, E70/4905, and a Mining Licence Application, MLA70/1422. The Company holds 100% of the Bunbury Silica Sands Project which covers a land area of 5,800 hectares consisting of three granted exploration licences E70/5823, E70/6414 and E70/6415. The Silica Sands Project is located approximately 10km southeast of Bunbury in the Wellington Land Division of the Southwest Mineral Field. The Company's subsidiary is Australian United Silica Corporation Pty Ltd (Ausco).
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Latest news
Carbine Resources granted long-term mining lease over Muchea West silica sand project
Carbine Resources (ASX: CRB) has hit an important milestone with the issuance of a mining lease for its Muchea West silica sand project north of Perth in Western Australia. Granted by the WA Department of Energy, Mines, Industry Regulation and Safety (DEMIRS), Carbine has been issued mining lease M70/1433 for an initial term of 21 […]
Australia the ‘lucky country’ in the silica sand race
Silica sands is rapidly become the “now” mineral commodity with demand from Asia growing fast – and the price along with it. In a new client note on this commodity, analyst J-Francois Bertincourt of Sydney-based Evolution Capital Advisors declared: “Australia, again the lucky country” “Australia has several quality silica sand projects that are either in […]
Carbine Resources to acquire Cockatoo Iron, responds to ASX price query
After remaining in a trading suspension since May last year, Carbine Resources (ASX: CRB) revealed this morning it had secured a binding agreement to acquire Cockatoo Iron, which owns the Cockatoo Island project. Under the agreement, Carbine will issue the vendors with almost 291.5 million shares – representing about 48.75% of Carbine. Carbine will then […]
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