News Articles for Chalice Mining

Chalice Mining has halved the capital costs for developing its platinum group metals and palladium mine to $820 million for a project it expects will pay itself off in 2.7 years.

The head of multi-commodity developer Chalice Mining says he is surprised by the government's push to establish a critical minerals reserve but will advocate for its mineral mix to be part of it.

ANALYSIS: Good news for a WA critical metals project amid processing progress and rising resource prices.

The company says better metal recoveries and a potential iron by-product could bolster Gonneville's economics.

Critical minerals miners have overwhelmingly welcomed Anthony Albanese's scarcely-detailed pledge to build a stockpile that could be used as a bargaining chip in trade negotiations.

Chalice Mining has continued to reduce its outflows following major cost cuts in August last year, as it aims to pull the investment trigger on the Gonneville project near Toodyay in 2027.

A metallurgical discovery eliminates a high-cost process from Chalice's flowsheet, greatly reducing Gonneville's technical risk and operating costs.

One of Chalice Mining's key project development managers has resigned as the developer strives to progress its pre-final investment decision asset amid market challenges.

Gonneville project developer Chalice Mining has secured major project status from the federal government, a month after gaining recognition from the state government.

Chalice Mining has gained strategic project status from the state government over its flagship Gonneville asset being developed near Toodyay.

While mindful of its cost management-based focus, Chalice Mining has announced the refining of its gold-copper exploration strategy within the West Yilgarn province of Western Australia.

Buxton Resources has revealed a 54m graphite zone, with 20m estimated to be grading more than 10 per cent total graphitic carbon (TGC), in a maiden drillhole at its Ranger prospect in Western Australia's Murchison region. Sitting within the company's Narryer project, the discovery has bolstered its efforts to expand its graphite footprint, complementing the promising nearby Graphite Bull project.

Market conditions have forced Chalice Mining to cut the size of its board and further slash spending, as it looks to develop the Gonneville project near Toodyay.

Chalice Mining says there's no need to raise capital in the foreseeable future as it continues to tighten expenditure amid market conditions.

Chalice Mining's shares have tumbled by about 19 per cent after it announced an early-stage development deal with Japanese conglomerate Mitsubishi Corporation.

Alex Dorsch-led Chalice Mining says it's heartened by preliminary pre-feasibility study metallurgical testwork at the company’s Gonneville project near Toodyay.

Buxton Resources has revealed plans to drill-test three new target areas unveiled by high-tech ground moving-loop electromagnetic (MLEM) surveys at its Ranger and Oculus prospects in an upcoming campaign at its Narryer project in Western Australia's Gascoyne region. The company says the surveys provided high-conductance levels up to 10,000 Siemens, indicating the potential for iron-bearing copper-nickel or graphite mineralisation.

A decision by Chalice Mining in January to review its expenditure appears to be paying off for the Tim Goyder-backed exploration company.

Exploration company Chalice Mining has announced an updated mineral resource estimate for its Gonneville nickel-copper-platinum project, located 70km north-east of Perth.

Chalice Mining has lodged plans to develop its Gonneville nickel-copper-platinum project to the Environmental Protection Authority, with an eye to begin building in 2027.

Octava Minerals has the drill bit primed for a maiden nickel-copper-cobalt exploration program at its Yallalong project in Western Australia's Mid West region, as part of a strategic collaboration with the CSIRO – the nation's premier science agency. The campaign will test several significant anomalies identified through the CSIRO's Kick-Start program, an initiative designed to assist innovative Australian start-ups and small-to-medium enterprises.

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Mark Beyer and Mark Pownall discuss the battery metals shake out; Santos legal delay impacts; high energy prices; HBF cost cut; McCusker charity news, and a magazine preview.

Chalice Mining has flagged a 40 per cent cut in its spending, citing weak market conditions in nickel and platinum group metals sectors.

Si6 Metals has added further impetus to its highly-prospective Botswana precious and base metals play, with its latest drill program striking high-grade silver and copper and exciting visual nickel sulphides. The company's three projects in the southern African country provide a compelling mix of in-demand metals that are all expected to play a big role in the future clean-energy transition.

Chalice Mining has received all approvals to start the next stage of drilling at its Julimar project complex, about 70 kilometres north-east of Perth.

Alex Dorsch says a high-grade underground mine is the best opportunity to move the dial on Chalice Mining's Gonneville project as shares in the one-time market favourite continued to slide.

In this podcast, Mark Pownall and Simone Grogan discuss lithium action, Chalice Mining, Qantas, John Carey, Tim Gurner and The Court Hotel.

Prominent prospector Tim Goyder has upped his stake in Chalice Mining after buying more than $24 million worth of shares in the past several days.

Market darling Chalice Mining has closed the day as the biggest loser on the local bourse after a hotly anticipated scoping study seemingly disappointed investors.

Initial cost estimates to turn Chalice Mining's Gonneville into a producing nickel-copper mine by 2029 have been estimated at between $1.6 billion and $2.3 billion.

Australian rockers Cold Chisel made Bow River famous way back in 1982 with their song of the same name. Now Lycaon Resources wants to do the same by unearthing a nickel-copper monster at its Bow River project in Western Australia's Kimberley region. The project is the flagship operation for a discovery-focused company more than willing to get its hands – and drills – dirty.

Octava Minerals' recent geochemical soil-sampling program has identified extensive nickel, copper and cobalt anomalism at the company's Yallalong project, about 220km north-east of the Western Australian regional city of Geraldton. Management believes the early signs show it may be a precursor to unearthing another significant nickel-copper-PGE discovery in the virgin and mostly unexplored West Yilgarn mineral province.

From mid-cap miners to car makers, Chalice Mining chief Alex Dorsch says he's been ‘pleasantly surprised' at the inbound interest to partner on the explorer's budding Julimar project.

West Perth-based Chalice Mining is set to enter a joint venture agreement with Northam Resources to expand its West Yilgarn exploration, near its Gonneville deposit.

Auric Mining has the first gold pour from its Jeffreys Find gold project near Norseman in Western Australia at its fingertips, with management confirming it had started milling its first batch of ore. The company's first 30,000 tonnes of ore will be processed at the Greenfields Mill in Coolgardie by end of this month, with another 100,000 tonnes waiting at the mine ready for trucking.

St George Mining has fired up the drill rig in its maiden nickel-copper hunt at its Ajana project east of Geraldton in Western Australia's Mid West region. The company is plunging about 3000m into a duo of intriguing geophysical anomalies in the heart of the underexplored Northampton mineral field that is prospective for Julimar-style intrusive-related nickel-copper-platinum group mineralisation.

Rio Tinto has pulled the pin on exploring critical minerals within the state's jarrah forests, hot on the heels of Alcoa's call to enact a ‘no mining zone' around the town of Dwellingup.

Our weekly appointments wrap includes Tanya Trevisan, Tommie van der Walt, David Hughes-Owen, Chris Elliott, Michael Beros, Terri Taylor, Jo Gaines and Jean Perkins.

Chalice Mining will top up its coffers by $70 million courtesy of a private placement to institutional investors.