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Australian mining news

 
 

Thor Mining provides Molyhil drill results

The third follow up diamond drillhole at the Molyhil Critical Minerals Project, Northern Territory, Australia, reinforces the newly discovered extension of scheelite-molybdenite-chalcopyrite mineralisation within a magnetite skarn.

 
 
 
 

Orica announces sale of Minova to Aurelius Group

Orica has entered into an agreement to sell its Minova business to Aurelius Group for AUS$180 million, subject to transaction costs and customary completion adjustments.

 
 
 

Alien Metals forms iron ore subsidiary

Alien Metals Ltd has formed a new wholly owned subsidiary named Iron Ore Company of Australia Pty Ltd, as part of its development of the Hancock and Brockman Iron Ore projects.