AUCTIONS - Get your bids ready for next Ritchie Bros sale

Hundreds of items of mining, construction and heavy equipment will go under the hammer at the next Ritchie Bros public auction in South Africa. After two successful sales last week in Canada and the USA, auctioneers are now preparing for the Johannesburg event on March 27.

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AUCTIONS - Ritchie Bros opens new Geelong site

Global industrial equipment auctioneer company Ritchie Bros has opened a new auction building at Geelong, Victoria. The grand opening of the new site was held on Tuesday March 19, with local dignitaries attending. The 2489 square metre site hosted more than 800 pieces of heavy equipment and trucks which were sold to the highest bidders on the day.

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BAUXITE - New bauxite resource near Binjour project

A maiden inferred bauxite resource has been determined at a tenement in central Queensland that Australian Bauxite Limited (ABx) intends to acquire. The Toondoon mining lease, southwest of the company’s Binjour project, hosts a resource of 3.5 million tonnes which the company believes is suitable for it to conclude purchase agreements.

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CAMBODIA - 1.2 million ounce gold resource at Okvau

A new independent JORC-compliant indicated and inferred resource has been announced at Renaissance Minerals’ flagship Okvau gold deposit in eastern Cambodia. The company says the site hosts 15.6 million tonnes @ 2.4 grams/tonne gold for 1.2 million ounces of gold, of which 15.2 million tonnes @ 2.3 grams/tonne gold for 1.11 million ounces is in the indicated category.  1

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