Public Company News

TNG Limited has submitted the mining plan for its wholly-owned Mount Peake vanadium-titanium-iron project to the Northern Territory Government. The move takes it one step closer towards establishing a pioneering, world-class integrated downstream processing minerals operation that will incorporate the company’s value-adding TIVAN hydrometallurgical circuit at a plant near Darwin. The mine plan addresses several environmental issues, including site rehabilitation activities, once mining operations are completed.

An Edith Cowan University study has backed ASX-listed ClearVue Technologies’ assertions about the amount of energy its solar glass windows are able to harness, with the study being downloaded and read by hundreds of science buffs around the globe. The work also revealed the practical scalability and application options for ClearVue’s energy harnessing glass panels, such as airport roofing, commercial shopping plaza domes, aesthetic façades and skylighting functionalities.

The battle against canine and other cancers by ASX-listed WA biotech company, PharmAust, has received a significant boost after the Australian Government deemed it eligible for further research and development tax rebates worth almost $1.5 million. The rebate relates to PharmAust’s clinical testing and trials of its anti-cancer drug, Monepantel and may even apply to PharmAust’s activities overseas.

Epichem, a subsidiary of ASX-listed biotech, PharmAust, has been rewarded for its contribution to WA and nominated as the year’s winner of the prestigious WA Industry and Export Awards. The company was acknowledged for its contributions to the global health and biotechnology sector by providing “end-to-end” support in drug discovery, with CEO, Dr Martine Keenan, also recognised with the Women in International Business Award at the same ceremony.

Neometals has taken a significant step towards establishing its massive Barrambie, titanium-vanadium project in the Murchison region of WA. The company has strengthened its ties with leading Chinese metallurgical expert IMUMR. The joint venture partners are now looking to establish a hydrometallurgical demonstration plant for the deposit and possibly, a subsequent 50:50 JV production arrangement going forward.

Coziron Resources has mapped out a 2,000-metre RC drilling program for its Croydon Top Camp gold project in WA’s west Pilbara region that is based on geological information garnered from over 1,100 soil samples and the locations of several gold nuggets found by local prospectors. Two target areas, the Top Camp and Martin prospects, will be the focus of the company’s upcoming field work.

Canning Basin focussed hydrocarbon producer, Buru Energy, has spudded a new oil exploration well known as Miani 1, to the northwest of the company’s Blina oilfield, about 70km east of Derby, in the West Kimberley region of WA. The structure being targeted is well defined by 3D seismic and analogous to similar features in North America that hold major oil and gas accumulations, the company said.

Bellevue Gold’s attempt to expand the footprint of its exciting Deacon and Mavis gold discoveries in WA’s Goldfields seems to be paying off, with a step-out diamond hole returning gold intercepts of 3.8 metres at 13.9g/t gold at Deacon and 1.7m at 5.9g/t gold at Mavis in the same drill hole that contained quartz, sulphides and visible gold mineralisation, just 400m east of historical underground mine workings.

Lithium Australia has achieved its goal of generating a high-quality cathode material suitable for producing lithium-ion batteries, by recycling spent batteries. The company says the cathodes were used to create coin cell batteries with an electrochemical performance that exceeded its expectations. The company is seeking to “close the loop” on the energy-metal cycle, by producing materials suitable for manufacturing lithium-ion batteries from the components of old recycled batteries.

Hammer Metals has received the first assays from drilling at its Bronzewing South gold project in WA where the company appears to be onto a new system. The testing of five targets along mineralised trends south of Echo Resources’ historic Bronzewing mine returned some solid numbers and Hammer now believes that many historical holes were either too shallow to be effective or, if effective, the mineralised intercepts were not adequately followed-up.

Aurora Labs will receive both ongoing income from operations and funds after the first sale of its unique RMP-1 Beta 3D printer to AdditiveNow, a company that it holds a stake in, alongside asset management and engineering giant, Worley. AdditiveNow is looking to provide 3D printing services to tier-1 energy, chemicals, resources and infrastructure clients and the deal represents a leap into commercialisation for Aurora.

Troy Resources is now debt-free and will look to channel its energies into the flagship Karouni gold operation in Guyana, South America, which has considerable blue-sky exploration upside through its nearby high-grade Ohio Creek prospect. The company has now reduced its debt from USD$71.57m in March 2015 to zero and will look to maximise Karouni’s potential through open-pit cutbacks on-site and ongoing exploration.