Tag: KIS
King Island Scheelite green-lights tungsten mine start, rebrands as Group 6 Metals
Emerging Tasmanian tungsten producer King Island Scheelite (ASX: KIS) will begin work next month at its Dolphin project when earthworks start, 31 years after the mine closed due to low prices.
There ...
King Island Scheelite secures $10.2m equipment loan, as tungsten cube craze continues
King Island Scheelite’s (ASX: KIS) $10.2 million equipment hire purchase facility has been approved, enabling its Dolphin tungsten project to continue advancing, as a strange new craze opens up for th...
King Island Scheelite reaches funding target for Dolphin tungsten redevelopment
King Island Scheelite (ASX: KIS) has now hit the funding target to proceed with the development of its wholly-owned Dolphin tungsten project on King Island, Tasmania following a $31 million equity rai...
King Island Scheelite secures new offtake deal for Dolphin tungsten mine restart
King Island Scheelite (ASX: KIS) has secured an offtake agreement with privately-owned global physical commodity trader Traxys Group for tungsten concentrate from its redeveloped Dolphin project in Ta...
King Island Scheelite secures $33m funding for Dolphin tungsten redevelopment
Emerging tungsten producer King Island Scheelite (ASX: KIS) has confirmed an additional $33 million loan to advance the redevelopment of its Dolphin tungsten project in Tasmania.
A group of four of...
King Island Scheelite tackles supply chain problems, brings forward plant equipment buys
Emerging Tasmanian tungsten producer King Island Scheelite (ASX: KIS) is to address potential shipping delays and rising freight prices by stepping up orders for long lead items needed for its process...
King Island Scheelite spends June quarter advancing Dolphin tungsten project re-development
Sydney-based King Island Scheelite (ASX: KIS) spent the three months to end June advancing the re-development of its Dolphin tungsten project off the northwest coast of Tasmania.
The company took d...
King Island Scheelite secures government funding for greenfields exploration around Dolphin tungsten project
King Island Scheelite (ASX: KIS) has secured a $70,000 exploration drilling grant incentive from the Tasmanian Government to assist in greenfields exploration at its licences surrounding the historic ...
King Island Scheelite obtains first EPA approval for Dolphin mine management plan
King Island Scheelite (ASX: KIS) has obtained the first mine management plan approval from the Tasmanian Environmental Protection Authority for its wholly owned Dolphin tungsten project on the state’s...
King Island Scheelite acquires full-scale multi-gravity separator for Dolphin tungsten project
Advanced explorer King Island Scheelite (ASX: KIS) has taken delivery of a full-scale, commercial-grade multi-gravity separator for its historic Dolphin tungsten mine in Tasmania.
The machine will ...
King Island Scheelite raises $5.6m as tungsten prices post strong gains
For most of 2020, end users of tungsten largely stayed out of the spot market due to the weakness of the market.
Now, the tight supply of tungsten concentrate and tungsten scrap has seen prices for...
King Island Scheelite’s Dolphin tungsten project obtains government backing as global supply crisis looms
Aspiring tungsten miner King Island Scheelite (ASX: KIS) is benefitting from the Australian Government’s move to reduce reliance on China for critical minerals, with tungsten facing a looming supply c...
King Island Scheelite signs major tungsten offtake deal with Hong Kong metals trader
King Island Scheelite (ASX: KIS) has signed a multi-year tungsten offtake agreement with Kalon Resources, part of the giant Hong Kong-based trading conglomerate Noble Group.
The deal involves 50% o...
King Island Scheelite unveils 18% increase to tungsten resources at Dolphin
Advanced tungsten explorer King Island Scheelite (ASX: KIS) has unveiled an 18% increase to tungsten resources at its wholly-owned Dolphin project on King Island near Tasmania.
Combined inferred an...
King Island Scheelite boosts cash reserves with Gekko Systems placement
King Island Scheelite (ASX: KIS) has boosted its cash reserves further after a $200,000 placement to independent process engineering company Gekko Systems Pty Ltd.
The placement involved King Islan...
Executive director Chris Ellis backs King Island with $2m loan to advance Dolphin tungsten project
King Island Scheelite’s (ASX: KIS) executive director Chris Ellis has backed the company with a $2 million loan, enabling King Island to continue advancing its wholly-owned Dolphin tungsten project in...
King Island Scheelite’s Dolphin feasibility study points to tungsten production in 2021
Emerging tungsten developer King Island Scheelite (ASX: KIS) has announced the completion of an updated feasibility study and revised mineral reserve estimate for its planned Dolphin open cut tungsten...
Commercial potential of King Island Scheelite’s Dolphin tungsten project confirmed
Financial modelling of King Island Scheelite’s (ASX: KIS) Dolphin open cut tungsten project in Tasmania’s King Island has revealed the company is advancing the right project at the right time, with op...
King Island Scheelite secures first offtake deal for Dolphin tungsten mine restart
Emerging tungsten developer King Island Scheelite (ASX: KIS) has locked in its first offtake partner as it looks to restart tungsten production from its wholly-owned Dolphin mine on King Island off Ta...
