R Red Mountain Mining Limited

What Is The Goal Of Red Mountain Mining's Phase Ii Exploration At Monjebup?

$100 Million Plan To Boost Copper Output In North Queensland Major Upgrade At Eloise Mine Aic Mines Is Investing Around $100 Million Into Expanding The Eloise Copper Mine, Located South-East Of Mount Isa In North Queensland. The Project Aims To Modernise The Older Underground Operation And Bring New Life To The Site. Jericho Deposit Set To Drive Growth A Key Part Of The Plan Is The Development Of The Nearby Jericho Deposit. Once Opened, Jericho Is Expected To Send About 600,000 Tonnes Of Ore Each Year Into Eloise’S Processing Plant. Bigger Plant, Bigger Production To Handle The Extra Ore, Aic Mines Is Expanding The Processing Plant To 1.1 Million Tonnes A Year. Together, The Eloise And Jericho Operations Could Produce Around 20,000 Tonnes Of Copper Annually, Creating A New Copper Hub In The Mount Isa Region. A Potential Boost For Queensland’S Copper Belt With Global Demand For Copper Growing, The Combined Project Could Become A Significant Contributor To The State’S Critical Minerals Industry. Whether This $100 Million Move Sparks Queensland’S Next Copper Boom Remains To Be Seen, But It Marks A Major Step For Aic Mines And The Region’S Mining Future.

$210 Million Deal Revives Major Copper–Gold Project In South Australia A Major Funding Agreement Is Breathing New Life Into One Of South Australia’S Most Significant Undeveloped Mineral Deposits. Kalkaroo, Located About 400 Kilometres North Of Adelaide, Holds One Of Australia’S Largest Copper–Gold Resources And Has Been In The Planning Stages For Years Without Moving Into Full Development. Havilah’S Long-Standing Project Gains Momentum Owned By Havilah Resources, The Kalkaroo Project Has Remained Idle As The Company Sought The Right Partner To Progress The Orebody Toward Production. Despite Its Size And Potential, The Project Has Not Advanced To Mine Construction, And The Remote Landscape Shows No Surface Infrastructure Or Open-Pit Activity. Sandfire Commits Up To $210 Million A New Agreement With Sandfire Resources Is Now Set To Accelerate The Next Phase. Sandfire Has Committed Up To $210 Million Under An Earn-In Structure, Including Funding For Fresh Drilling Aimed At Upgrading And Expanding The Resource Base. The Plan Includes A New Pre-Feasibility Study And Thousands Of Metres Of Drilling To Better Define The Deposit. Could Kalkaroo Finally Become A Mine? The Substantial Investment Marks The Most Serious Step Toward Development The Project Has Seen In Years. If The Drilling Program Confirms Its Potential And The Study Demonstrates Economic Viability, Kalkaroo Could Progress Toward Becoming One Of The Next Major Copper–Gold Mines In The Region. Industry Observers Say The Deal Signals Growing Confidence In South Australia’S Copper Future, Especially As Demand For Copper Continues To Rise Globally.

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Vault Minerals Approves $80m Expansion At King Of The Hills Vault Minerals (Asx: Vau) Has Signed Off On An $80 Million Expansion Of Its King Of The Hills (Koth) Gold Operation Near Leonora, Aiming To Lift Processing Capacity And Unlock More Of The District’S Long-Life Potential. New Crusher And Mill Upgrades: The Project Centres On A New Primary Crusher, New Tanks In The Cip Circuit, And Upgrades Across The Wet Plant. A Fresh Crushing Circuit Will Be Built 110 Metres West Of The Existing One To Avoid Interrupting Current Production. These Changes Are Designed To Reduce Bottlenecks And Support A Lift To 6 Million Tonnes Per Annum. Tapping A Massive Stockpile: Vault Is Currently Mill-Constrained, With A 7.3-Million-Tonne Stockpile Beside The Plant Holding More Than 108,000 Ounces Of Gold. The Expansion Allows Faster Processing Of This Ore And Better Use Of The Company’S Multiple Feed Sources. Strong Reserve Base: King Of The Hills And Nearby Operations Host: 2.24moz Ore Reserves 6.02moz Mineral Resources This Underpins A Base Case 10-Year Mine Life And Supports Future Growth Across The Leonora Region. Construction Timeline: Work Is Expected To Begin In April 2025, With Commissioning Targeted For Q4 Fy26. Gr Engineering Services Completed The Design And Cost Study For The Expansion. Positioning For Leonora’S Next Gold Wave: With Higher Capacity, Major Infrastructure Already In Place, And Renewed Underground Exploration, Vault Minerals Sees Koth As A Key Driver For The Next Phase Of Growth In The Leonora Gold District. Cover Image: Data Sio, Noaa, U.S. Navy, Nga, Gebco. Image Landsat / Copernicus. Processing Plant Image: © Vault Minerals.

Fenix Shifts Iron Ore Focus To Weld Range Every Year, Millions Of Tonnes Of Iron Ore Leave Western Australia’S Red Desert, Feeding Global Steel Markets. Now Fenix Resources Is Repositioning Its Iron Ore Operations, Placing The Weld Range At The Centre Of Its Future Production Plans. As The Company’S Earlier Pits Begin To Wind Down, Fenix Is Moving Toward A More Centralised Approach Focused On Long-Term Stability And Scale. From Multiple Pits To One Long-Life Hub The Weld Range Offers Fenix A Long-Life Iron Ore Resource Supported By A 30-Year Mining Agreement. By Concentrating Operations In One Area, The Company Aims To Lift Output While Simplifying Its Production Footprint. This Shift Marks A Move Away From Shorter-Life Pits Toward A More Sustained Operating Base. Port Access Underpins The Strategy A Key Advantage Of The Weld Range Is Its Access To Geraldton Port, Which Supports The Transport And Export Of Iron Ore From Wa’S Mid-West. This Connection Strengthens The Project’S Role In Fenix’S Broader Logistics And Export Strategy. A Foundation For The Next Phase With Its Focus Now Turning To The Weld Range, Fenix Is Positioning The Project As The Anchor Of Its Next Phase Of Iron Ore Production. The Strategy Reflects A Broader Push Toward Scale, Efficiency, And Long-Term Continuity. Whether The Weld Range Becomes The Defining Chapter In Fenix’S Iron Ore Story Will Unfold As The Transition Progresses.