Georgian Mining Corporation has agreed to a 2018 Work Programme with its partner Caucasian Mining Group (CMG) to proceed with the development of the Kvemo Bolnisi gold-copper project and to perform further regional exploration at the 860km2 licence located on the Tethyan Belt in Georgia.
Rio Tinto continues to work with its partners to develop the best solution for a domestic power supply for the Oyu Tolgoi operation, following the Government of Mongolia’s cancellation of the Southern Region Power Sector Cooperation Agreement (PSCA).
Australian Strategic Materials (ASM), a wholly owned subsidiary of Alkane Resources, has successfully developed a high‐purity hafnium dioxide (HfO2) product that will be directly marketable as a feed material for a number of downstream applications and for producing metallic hafnium. The technical specifications of this material have been tailored to meet global market requirements, following extensive industry consultation over the past 12 months.
In a joint media release with the Minister for Finance, Senator the Hon Mathias Cormann, the Australian Coalition Government has announced its support of smaller exploration companies undertaking greenfields mining exploration, making mineral discoveries crucial to the Australian economy.