Gold Road Resources and Gruyere Mining Co., a member of the Gold Fields group, have released an updated mine plan for their 50:50 joint-venture Gruyere gold project, which is nearing completion 200 km east of Laverton, Western Australia
. The life-of-mine plan now calls for gold production of about 300,000 ounces per year (oz/y) over a 12-year mine life, up from 270,000-oz/y forecast in the 2016 feasibility study.
Global Nickel's flagship Jutson Rocks project covers the full extension of the Jutson Rocks Greenstone Belt ("JRGB") located 125km northeast of Laverton, Western Australia
. Jutson Rocks includes three project areas (Jutson Rocks, Mt Venn and Mt Cornell) that are majority held by Global Nickel as well as six additional 100% held license applications.
Building on the success of the existing Jindalee system located at Alice Springs, Central Australia, the new program will involve the construction of radars at Laverton, western Australia
and Longreach, Queensland.
Gold Road Resources has budgeted $A30 million for 2017 exploration on the North Yamarna, Gruyere, and South Yamarna projects located about 200 km east of Laverton, Western Australia
. North Yamarna is owned 100% by Gold Road; Gruyere is a 50:50 joint venture between Gold Road and Gold Fields Ltd; and South Yamarna is a 50:50 joint venture between Gold Road and Sumitomo.
for the development and operation of the Gruyere gold project approximately 200 kilometers (km) east of Laverton, Western Australia
. Gold Fields is purchasing a 50% interest in the project for aggregate consideration of A$350 million in cash and an uncapped 1.5% net smelter return royalty on Gold Fields' share of production from joint-venture tenements once total gold production exceeds 2 million oz.
Poseidon Nickel has purchased the dormant Black Swan nickel mine and concentrator 53 km northeast of Kalgoorlie, Western Australia, from Norilsk Nickel for A$1.5 million and is considering restarting the concentrator to process 500,000 mt/y of Black Swan ore and 600,000 mt/y of ore from its Mount Windarra project near Laverton, Western Australia
Gold Road Resources, an Australian junior company, has executed a binding exploration joint venture agreement with Sumitomo Metal Mining Oceania, a subsidiary of Sumitomo Metal Mining, over the southern tenements of Gold Road's Yamarna land holding 140 km east of Laverton, Western Australia
. The joint venture covers more than 2,720 [km.sup.2] of Gold Road's tenements in the region, which total about 5,000 [km.sup.2].
has reported the results of a definitive feasibility study for its Windarra nickel sulphide project near Laverton, Western Australia
. The project includes redevelopment of the previously mined Mount Windarra underground mine and development of a new underground mine based on the Cerberus deposit 10.5 km to the south.
Its Malaysian plant was essentially completed during the first half of 2012 and is designed to process rare earths oxides concentrate produced at Lynas's newly developed Mount Weld mine and concentrator 35 km south of Laverton, Western Australia
. Issuance of the TOL was delayed by a series of court actions by individuals living near the plant, who had concerns about the potential impact of the plant on the environment.
says deep drilling beneath the previously-reported resource, at its 40%-owned Wallaby gold project, 11 km west of the Granny Smith plant near Laverton, Western Australia
, has delineated an additional 2.1M-oz Au, lifting the total resource to 7.1M oz, confirming it as one of the most significant gold discoveries in Australia in recent years.