News Articles for St George Mining

St George Mining has development studies in full swing at its Araxa niobium and rare earth elements project in Brazil's premier mining state of Minas Gerais, as part of a global push to find new supplies. The company's inaugural drilling campaign is charging ahead, with 40 auger holes on a 500m grid completed for 512m as part of a reconnaissance program to test areas beyond the current resource envelope.

St George Mining has launched advanced geophysics surveys at its Araxá niobium-rare earths project in Brazil's mining heartland of Minas Gerais. The company is flying its high-tech surveys in a quest to expand its project to become a globally significant niobium resource base. Meanwhile, the company is winding up a 10,000-metre drilling blitz at the relatively untested project.

St George Mining will start a reverse circulation drilling program within days at its Araxa niobium-rare earths project in Brazil, as the company builds local community and government support to develop Araxa into a globally significant project. The RC program will be followed by a 10,000m, 16-week diamond drilling campaign in July.

St George Mining has launched a major drilling assault on its giant Araxá rare earths project in Minas Gerais, Brazil, with the company deploying three drill rigs for a substantial 10,000-metre, three-month program. The campaign will be carried out alongside a high-resolution airborne magnetic survey and aims to significantly expand the project's recently unveiled major maiden resource.

St George Mining plans to start a maiden drill program within weeks focussing on expanding a 40.64Mt rare earths resource estimate from early April for its Araxá project in Brazil. The company's mineral resource estimate for the venture came in at 41.2Mt and 0.68 per cent niobium pentoxide and 40.6Mt and 4.13 per cent total rare earths oxides.

St George Mining has delivered a maiden resource estimate for its Araxa carbonatite-hosted niobium and rare earths deposit from the world's premier niobium-producing region in the state of Minas Gerais, Brazil. The estimate comprises a globally significant deposit containing 280,000 tonnes of niobium pentoxide and 1.7 million tonnes of total rare earth oxides, which are both in high global demand.

Several WA junior miners are making positive forays into Latin America, where they're finding fit-for-purpose regulations and local skills.

St George Mining has kicked off a major downstream processing study at its high-grade niobium-rare earths project Araxá in Brazil, aiming to fast-track the project into production following completion of its acquisition last week. Metallurgical programs are already underway and are soon to be accompanied by a substantial drilling campaign scheduled to begin this month.

St George Mining executive chair John Prineas has heralded the company's acquisition of the Araxá niobium-rare earth elements project in Brazil as a “landmark” day.

St George Mining has bolstered its cavalry by appointing an ex-CBMM engineering manager from a neighbouring industry-leading niobium plant. Armed with a $20 million war chest and strategic alliance with global mining engineering firm Shandong Xinhai Mining, St George is assembling elite in-house expertise to fast-track the development of its Araxá niobium-rare earths project in Brazil.

St George Mining has secured $8 million in backing from leading global mining engineering firm Shandong Xinhai Mining to fast-track the development at its high-grade Araxá niobium-rare earths project in Brazil. The company has formed a major strategic partnership with the engineering and construction services giant through an agreement that includes an engineering, procurement and construction contract over Araxá.

St George Mining's commitment towards generating success at its Araxá niobium rare earth elements project in Brazil has been backed by another major Chinese company.

St George Mining has engaged one of the world's leading authorities in niobium ore processing, Ricardo Maximo Nardi, to its high-grade niobium-rare earths Araxá project in Brazil's Minas Gerais region. Nardi comes to the project with more than 30 years of experience in processing high-purity niobium oxide and its typical by-products, including barite, magnetite, phosphate and rare earth elements.

St George Mining has inked a nine-month non-exclusive memorandum of understanding with one of the world's leading steelmakers, the China-based Liaoning Fangda Group, which may lead to a deal to supply at least 20 per cent of future niobium production from its Araxá REE project in Brazil in exchange for funding support.

St George Mining's push to further de-risk its desired Araxá niobium-rare earth elements project in Brazil has received another boost.

Following news it is moving closer towards the potential acquisition of the Araxá niobium-rare earth elements project in Brazil, St George Mining has ticked off another key component.

In a move that brings St George Mining a step closer to becoming a key critical metal producer, the company has raised $20 million in a placement to new and existing investors. The funds will be used to finalise its acquisition of the high-grade Araxá niobium-rare earth (REE) project in Brazil, adjacent to CBMM's world-leading operations in Minas Gerais, with settlement now due in March.

Critical minerals-focused St George Mining has confirmed plans to raise $20 million, as it moves closer towards acquiring the Araxá niobium-rare earth elements project in Brazil.

St George Mining has signed two memoranda of understanding with Latin America's biggest scientific and technological agency SENAI looking to develop critical minerals opportunities flowing from its Araxá project in Minas Gerais, Brazil. SENAI collaborates with businesses to develop innovative technologies capable of driving business growth and efficiencies and has a strong record of collaboration with the private sector to advance businesses through those technologies.

St George Mining has received the backing of the Brazilian state of Minas Gerais via a Memorandum of Understanding to assist with fast-tracking its Araxà niobium-REE project in Brazil. The MoU covers assistance with regulatory approvals and will see both parties collaborate on other areas that will support the domestic supply chains for niobium, rare earths and related downstream products.

St George Mining has bolstered development plans for its high-grade Araxá niobium-rare earths project in Minais Gerais, Brazil, signing a strategic development and offtake partnership with leading global metals trader SKI HongKong. The memorandum of understanding endeavours to drive development of Araxá through both technical and financial assistance from SKI.

Lycaon Resources' share price has surged 31 per cent to 31.5c on significant trading volume after it secured the crucial heritage clearance that will enable a maiden drilling campaign at its Stansmore niobium-rare earths project in Western Australia's West Arunta region. The company will use a $180,000 exploration incentive scheme grant from the WA Government to fund the program.

St George Mining has added yet another highly-credentialled local advisor for its new niobium-rich Araxá rare earths project in Brazil by locking in the country's former Minister of Mines, Adolfo Sachsida. The well-known business leader will join two other recent in-country niobium industry expert additions as St George completes its acquisition of the Araxá project that sits in the State of Minas Gerais.

St George Mining has beefed up its in-country leadership in Brazil – and its environmental credentials – by securing a pair of renowned niobium experts as it completes the acquisition of the high-grade, niobium-rich Araxá rare earths project in the State of Minas Gerais. The company says its new appointments add a combined four decades worth of experience in managing mining operations in Brazil.

St George Mining has swooped on the niobium-rich Araxá rare earths project in the Brazilian State of Minas Gerais, picking it up for US$21 million (AU$33 million) from Toronto-listed fertiliser specialist, Itafos. Sitting 5km south of the town of Araxá and 1000km north-west of Rio de Janeiro, the project boundary adjoins the high-grade CBMM mine that produces 80 per cent of the world's niobium.

St George Mining has defined a promising 2.1km-diameter high-density circular intrusive at its Destiny project in WA's Eastern Goldfields via a follow-up gravity survey designed to identify potential rare earths-rich carbonatite targets. The company says the geophysical characteristics of the gravity anomaly are consistent with a potentially-mineralised intrusive body that could be similar to other local structures known to host rare earths and related mineral suites.

St George Mining is planning to launch a grid-spaced gravity survey next month at its intriguing C1 rare earths prospect at the company's Destiny project, about 100km south-west of the Western Australian mining town of Kambalda. The company will conduct a grid-spaced 200m-by-200m gravity survey that has been designed to home in on discrete targets within the prominent magnetic and gravity-high core of C1.

A project-wide lithium sweep of St George Mining's Mt Alexander operation near the historic Western Australian town of Menzies has isolated multiple new drill targets for a campaign slated to launch in the second half of this year. The company's soil sampling and lithium pegmatite fertility review also identified geochemical analogues and a relationship between local gold mineralisation and pegmatites.

St George Mining's latest gravity survey program has unveiled four compelling targets with coincident high gravity and prominent magnetic features at its Destiny project, about 100km south-west of the small Western Australian mining town of Kambalda. The high gravity signatures indicate the potential for similar carbonatite or mafic intrusions found recently to host highly-valuable minerals such as niobium or high-grade rare earths.

St George Mining has increased the strike at its Destiny clay-based rare earths project in Western Australia's Goldfields region by 3km after air-core drilling at the site delivered solid results of up to 3160ppm TREO. The company returned thick and near-surface assays from 13 AC holes with highlights showing an 18m section grading 1919ppm TREO from just 18m including 3m reaching the peak 3160ppm TREO result from 30m.

St George Mining says it is now one of the biggest landholders in Western Australia's Ravensthorpe region after it was granted an additional two exploration licenses to increase the size of its Myuna Rocks project by 273sq km. The company has identified a slew of new lithium targets in a more than 50km prospective corridor along strike from Allkem's Mt Cattlin mine.

St George Mining has launched a new drilling mission designed to better define the rare earths footprint at its Destiny project in WA's Eastern Goldfields, where it has previously jagged up to 5125ppm TREO. Maiden drilling results at Destiny showed rare earths mineralisation in near-surface clay zones up to 42m thick throughout a 7km-long zone that remains open in all directions.

St George Mining has defined a series of 1km-long lithium soil anomalies in areas yet to be drill-tested at its flagship Mt Alexander project in WA's Goldfields region after a successful sampling program. The company is gearing up to drill the new targets as early as next month, with its biggest prospect covering a strike of more than 2.7km.

St George Mining has expanded its footprint on the Ida fault in Western Australia's Goldfields region after picking up a new exploration licence alongside its Destiny rare earths and lithium project. The recently acquired Prince of Wales tenement is considered prospective for lithium, nickel and gold mineralisation and covers about 8km of the Ida fault next door to Destiny's 90km stretch of the geological feature.

Non-executive director of BMG Resources John Prineas will replace Greg Hancock as the non-executive chairman of the company as it kicks off a search for a new MD to develop its 500,000-ounce gold find near Wiluna. The move follows the resignation of Managing Director Bruce McCracken and will see Mr Hancock remain on the board as an independent non-exec director.

West Perth-based St George Mining has appointed an experienced industry executive as a non-executive director.

St George Mining has completed a soil sampling and rock chip program over a previously untested area of its flagship Mt Alexander project with assay results expected about mid-January. The company also has plans in place for a new year drill program at its Lithium Star group of projects and at Destiny - a 3,000 square kilometre landholding south-west of Kalgoorlie where a high-grade rare earths discovery, announced just weeks ago, identified numerous potentially lithium-bearing pegmatites.

St George Mining has delivered what it says are “groundbreaking” clay-hosted rare earths grading up to a huge 5125ppm TREO in the company's first drilling foray into its Destiny project in Western Australia's Goldfields region. Highlights from the company's maiden 61-hole AC program at Destiny include 30m at 1885ppm TREO and 399ppm magnetic rare earth oxides (MREO) from 20m.

Javelin Minerals will acquire high-resolution aeromagnetic and radiometric data covering its Mt Ida-Ida Valley tenure near Leonora to help charge its hunt for precious and base metals, lithium and rare earths. It says much of its ground is proximate to the gold-rich Ballard Fault, Delta Lithium's newly-discovered gold and lithium occurrences and the lithium, precious and base metals activities of St George Mining.

Global battery industry giant Shanghai Jayson New Energy Materials has become St George Mining's biggest shareholder after grabbing $3 million worth of the West Perth-based lithium explorer's shares. The company says the significant investment will enable it to better explore its portfolio of hard-rock lithium projects in Western Australia, with a priority focus on the flagship Mt Alexander operation.