Why Candidates Should Consider Using Mining Employment Services Recruiters in Their Job Search

Submitted by Tajha Pritchard on

Are you a job seeker navigating the competitive landscape of employment opportunities in the mining industry? Have you considered enlisting the support of the Recruiters from Mining Employment Services in your quest for the perfect position? Here are three 3 reasons why you should leverage the expertise of our recruiters in your job search:

Nickel Designated Critical Mineral: Unlocking Relief for Industry Amid Downturn

Submitted by Tajha Pritchard on

Federal Resources Minister Madeleine King has designated nickel as a critical mineral, unlocking access to billions of dollars in relief for nickel companies.

Since the last update of the critical minerals list on December 16 last year, several nickel facilities have either reduced operations or entered care and maintenance. Among those affected are Andrew Forrest’s Wyloo, IGO, First Quantum Minerals, Chalice Mining, and Panoramic Resources.

Greatland Gold Successfully Completes Exploration Program at Ernest Giles Project

Submitted by Tajha Pritchard on

Greatland Gold plc (AIM:GGP) is delighted to announce the successful completion of the WA Government Exploration Incentive Scheme (EIS) co-funded drilling program at the Meadows gold prospect within the Company's 100% owned Ernest Giles project (Ernest Giles).

Key Highlights:

De Grey Mining and Kalamazoo Resources Forge Strategic Partnership

Submitted by Tajha Pritchard on

De Grey Mining and gold explorer Kalamazoo Resources have entered an exclusive option agreement regarding Kalamazoo’s Ashburton gold project (AGP).

Situated on the southern edge of the Pilbara Craton in Western Australia, the AGP was acquired by Kalamazoo from Northern Star Resources in 2020.

Luke Reinehr, Executive Chair of Kalamazoo, expressed satisfaction with the agreement, stating, “We are pleased to have reached this agreement with De Grey for the future sale of the Ashburton gold project.”

Silver Lake Resources and Red 5 Merger

Submitted by Tajha Pritchard on

Silver Lake Resources and Red 5 are set to merge, forming a diversified mid-tier gold company projected to produce around 445,000 ounces per year.

Silver Lake acquired 11% of Red 5's shares in September 2023. Shareholders of Silver Lake will receive approximately 3.434 Red 5 shares for each Silver Lake share they own.

Upon completion of the merger, the combined company will rank just behind Regis Resources in annual gold production, solidifying its position as a mid-tier player in the industry.

IGO Transitions Cosmos Nickel Mine to Care and Maintenance

Submitted by Tajha Pritchard on

Following a review of its Cosmos nickel mine in WA, IGO has opted to transition the site into a state of care and maintenance. The closure is projected to be finalized by the end of May of this year, while IGO evaluates the potential value of continuing select exploration initiatives in the vicinity.

This decision coincides with IGO's announcement regarding the endurance of the current downturn in lithium prices, coupled with a reduction in production at its Greenbushes lithium joint venture in WA.

Silver Lake Resources and Sandfire Resources Report Strong Gold and Copper Production

Submitted by Tajha Pritchard on

Silver Lake Resources and Sandfire Resources released their quarterly results for December 2023, highlighting robust production of gold and copper.

 

Silver Lake Resources

During the December 2023 quarter, Silver Lake Resources achieved a gold production of 56,629 ounces (oz) and a copper production of 236 tonnes (t).

The Australian gold producer reported the sale of 57,360oz of gold and 239t of copper at an average price of $3025/oz, with an all-in sustaining cost (AISC) of $1868/oz.

IGO Navigates Downturn in Lithium Prices

Submitted by Tajha Pritchard on

IGO has unveiled strategies to navigate the current downturn in lithium prices.

Together with Tianqi Lithium, IGO holds a 51 percent stake in the Greenbushes lithium project situated in Western Australia. The remaining 49 percent is under the ownership of Albermarle Corporation.

Discussions are ongoing between the involved parties regarding spodumene offtake volumes and pricing arrangements concerning spodumene concentrate sales from Greenbushes.