IRON ORE - New JV for SA deepwater export port

A new deepwater iron ore export port will be developed on South Australia’s Eyre Peninsula in a 50:50 joint venture between a subsidiary of Wuhan Iron and Steel Company (WISCO) and Centrex Metals.

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KAZAKHSTAN - South Benkala purchase approved

Government approvals have been given to Frontier Mining’s Kazakhstan subsidiary KazCopper LLP to complete its purchase and transfer of the sub-surface use contract for the South Benkala copper deposit.

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KYRGYZ REPUBLIC - DFS completed for Shambesai

An independent review of Manas Resources’ definitive feasibility study (DFS) for its Shambesai gold project in the Kyrgyz Republic has led to re-optimization of the mine’s size.  1

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MAGNETITE - Major increase in Mutooroo potential

Joint venture partners Sumitomo Metal Mining Oceania and Minotaur Exploration have announced a massive increase in iron mineralization potential at the Mutooroo magnetite project in South Australia.

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