C Capricorn Metals Ltd

Capricorn Expands In Mount Gibson Gold District Capricorn Metals Has Made A Low-Key Christmas Acquisition In Western Australia’S Mount Gibson Gold District, Strengthening Its Regional Footprint. The Company Has Agreed To Buy The Nearby Yalgoo Project For $4.5 Million, Adding Around 1,000 Square Kilometres Of Prospective Ground To Its Existing Exploration Holdings. Strengthening The Mount Gibson Footprint The Yalgoo Project Sits Close To Capricorn’S Recently Acquired Golden Range And Fields Find Projects, Both Located Near The Mount Gibson Area. The Land Package Is Considered Prospective For Gold And Copper, With Scope For Future Discoveries. Rather Than A Short-Term Production Move, The Acquisition Is Aimed At Long-Term Consolidation Across The District. Focus On Future Ore Supply Capricorn Has Positioned The Deal As A Strategic Step To Secure Potential Future Ore Sources, Supporting The Long-Term Outlook For Mining Operations In The Mount Gibson Region. The Acquisition Reflects An End-Of-Year Strategy Focused On Locking Up Ground Early, While Exploration Activity Is Expected To Ramp Up In Future Years.

Reedy Gold Mine Set For New Chapter The Old Reedy Gold Mine In Western Australia Is Set To Get A Second Chance, Following A Major Corporate Restructure By Westgold Resources. Westgold Has Announced Plans To Spin Out The Reedy Project, Along With The Nearby Comet Project, Into A New Asx-Listed Company Called Valiant Gold. Fast Track To Processing Under The Proposed Structure, Ore From Reedy And Comet Will Be Processed At Westgold’S Existing Plants. This Removes The Need For Valiant To Build Its Own Processing Facilities, Providing A Lower-Capital And Faster Pathway Back To Gold Production. The Reedy And Comet Assets Include Historic Underground Mines With Recent Production History And Established Infrastructure. Westgold Retains Exposure Following The Spin-Off And Ipo, Westgold Will Retain Up To 48 Per Cent Of The New Company. This Allows Westgold To Stay Exposed To Any Upside From Future Production Or Exploration Success, While Focusing Its Capital On Larger, Core Operations. Unlocking Smaller Gold Assets The Spin-Out Structure Is Designed To Unlock Value From Smaller Gold Assets That May Struggle To Compete For Capital Within A Larger Producer. With A Dedicated Management Team And Access To Processing Infrastructure, Valiant Gold Is Positioned To Advance Reedy And Comet Independently — Raising The Question Of Whether This Model Could Become A Blueprint For Reviving Other Historic Gold Mines Across Western Australia.

Comet Vale Gold Project Scales Up In Western Australia The Comet Vale Gold Project In Western Australia, Once A Quiet And Largely Forgotten Mine, Is Back In Focus As Drilling Activity Ramps Up Across The Site. What Was Previously A Small Resource Has Now Grown Significantly Following A Year Of Sustained Exploration. Major Resource Increase Confirmed Gorilla Gold Has Announced That The Gold Resource At Comet Vale Has Increased Almost Nine-Fold. The Update Adds Approximately 765,000 Ounces Of Gold, Marking One Of The Company’S Most Significant Milestones To Date. The Growth Comes After An Intensive Drilling Campaign That Expanded Known Mineralisation And Improved Confidence Across Multiple Areas Of The Project. Timing Aligns With Strong Gold Prices The Upgrade Arrives At A Favourable Time, With Gold Prices Sitting Above $6,000 An Ounce In Australia. Higher Prices Improve The Potential Economics Of Gold Projects And Can Increase Investor Interest In Juniors That Successfully Grow Their Resource Base. What Comes Next For Comet Vale? With Drilling Ongoing And Early Development Studies Underway, Attention Now Turns To How Large Comet Vale Could Ultimately Become. While Further Work Is Needed, The Latest Results Suggest The Project Has Moved Beyond Early Exploration And Into A New Phase Of Growth.

Minres Expands Onslow Iron With $3.5b Build Ken’S Bore Mine Near Onslow Was Once Empty Red Desert. Today, It Sits At The Centre Of One Of Australia’S Largest New Iron-Ore Developments, As Mineral Resources Continues To Scale Up Its Onslow Iron Project In Western Australia. New Mines, Port And Haul Road Minres Is Expanding The Onslow Iron Hub With New Mining Areas, A Deep-Water Port And A 150-Kilometre Auto-Haul Road Designed For Autonomous Road Trains. The Infrastructure Forms Part Of A $3.5 Billion Investment Aimed At Building A Large, Long-Life Iron-Ore Operation With Efficient Logistics. Focus On Cost And Scale The Project Has Been Designed With Cost Control In Mind. Minres Has Previously Sold A Stake In The Haul Road Infrastructure To Reduce Capital Requirements While Keeping Access To The Critical Transport Corridor. Competing In A Changing Market As New Iron-Ore Supply Comes Online Globally, Including From Major Projects In Africa, Minres Is Positioning Onslow Iron To Compete On Cost And Reliability. The Success Of The Project Will Depend On Whether Its Scale And Infrastructure Can Deliver The Low-Cost Edge The Company Is Building Toward.

Bhp Sells $3b Stake In Pilbara Power Network Mount Whaleback — One Of The World’S Largest Open-Cut Iron-Ore Mines — Depends On A Vast Inland Power Network That Keeps Crushers, Haul Roads And Remote Camps Running Across The Pilbara. This Network Supplies Electricity Not Only To Mount Whaleback, But To Bhp’S Broader Western Australia Iron Ore (Waio) Operations And The Nearby Township Of Newman. Blackrock Buys Nearly Half Bhp Has Sold A Near-Half Stake In This Power System To Us Investment Firm Blackrock’S Global Infrastructure Partners Division In A Deal Worth $3 Billion (Aud Equivalent). Despite The Sale, Bhp Retains Operational Control Of The Network. The New Structure Means Bhp Will Pay An Agreed Tariff For The Electricity It Uses Over A 25-Year Period. Freeing Up Capital For Growth Bhp Says The Move Allows It To Recycle Capital From Long-Life Infrastructure Into Higher-Return Opportunities Across Its Iron-Ore Business. Industry Analysts Note The Deal Is Aimed At Improving Capital Efficiency While Maintaining Stable Power Supply To Essential Mining Operations. Why It Matters Power Reliability Is Core To Pilbara Iron-Ore Production, And The Deal Does Not Affect Existing Agreements With Traditional Owners, The Wa Government, Or Local Communities. With Global Iron-Ore Competitors Tightening Costs And New Supply Emerging, Bhp Is Positioning Itself To Maintain Long-Term Productivity And Financial Flexibility. What Happens Next The Agreement Is Subject To Approval From The Foreign Investment Review Board (Firb), But No Operational Changes Are Expected. Bhp Has Reiterated Its Medium-Term Goal Of Lifting Pilbara Iron-Ore Output Toward 305 Million Tonnes Per Year.

Why $50 Million Is Being Spent Restarting A Wa Zircon Mine Image Resources Has Invested More Than $50 Million To Bring Its Atlas Mineral Sands Project Back Into Full Production, Around 180 Kilometres North Of Perth In Western Australia. The Atlas Project Replaces The Company’S Earlier Boonanarring Operation And Began Production In 2025, Reaching Full Capacity Shortly After Commissioning. What The Atlas Project Produces The Mine Produces Heavy Mineral Concentrate (Hmc), A Mix Of Minerals That Includes Zircon, Ilmenite And Rutile. Zircon Is The Key Revenue Driver, Historically Accounting For The Majority Of Value Generated At Image Resources’ Operations. Zircon Is Used In Ceramics, Foundry Casting, Refractory Materials And A Range Of Industrial And High-Temperature Applications. Why The Economics Stack Up Atlas Was Developed Using Existing Infrastructure From The Boonanarring Mine, Keeping Capital Costs Relatively Low. The Project Also Has A Short Mine Life, Meaning Capital Recovery Is Targeted Over A Shorter Timeframe Rather Than Across Decades. With Global Zircon Supply Tightening And Few New Mines Coming Online, The Restart Is Positioned As A Near-Term Cashflow Operation Rather Than A Long-Dated Expansion. Is Zircon Back On The Radar? Zircon Has Received Less Attention Than Lithium Or Rare Earths In Recent Years, But Steady Demand And Constrained Supply Are Pushing Prices And Margins Into Focus Again. For Image Resources, The Atlas Restart Is A Measured Bet: Limited Capital, Defined Mine Life And Exposure To A Mineral Quietly Regaining Strategic Importance. Whether Zircon Continues To Justify New Investment Will Depend On Market Conditions — But For Now, The Numbers Appear To Make Sense.