A firming nickel price settling around 60 to 70 per cent higher this year, talk of production restarts and expansions, and a ramp-up in exploration are underpinning the confidence within Australia’s nickel sector
Myanmar Metals has reported that the first hole into the Shan North exploration target at the company’s Bawdwin Project in Myanmar has confirmed the presence of broad zones of mineralisation.
A Melbourne exploration company barely two years listed on the ASX is to step-up its fledgling gold-silver hunt in one of the most southern but richest mineralised provinces in the world – Argentina’s Santa Cruz.
The Australian dollar gold price reached an all-time high of AU$1,919 per ounce in June, signifying improving conditions for the Gold Ore Mining industry. According to industry research company, IBISWorld, the Australian dollar gold price has been driven upwards by several factors, including greater demand for wealth safe havens.