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Tag: Gold Charters Towers

Fuse is lit on the mining industry bomb

Written by dev on . Posted in All News, Gold.

North Queensland is on the verge of its next mining boom, according to Eagle Drilling NQ managing director Brian ‘Moscow’ Forgan.

The company celebrated its 20th anniversary on the weekend with staff and suppliers. The community was represented by National Party Senator Susan McDonald and Charters Towers Mayor Liz Schmidt.

Moscow’s long career with Boart Longyear was meant to culminate with a promotion to Brisbane as operations manager in 2006. 

Related: Eagle Drilling. . .

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Brightlands Milo project in $2m sale proposal

Written by dev on . Posted in All News, Copper, Exploration, Gold, Processing / Manufacturing.

GBM Resources is selling its Brightlands Milo project in North-West Queensland to a Canadian company for more than $2 million in cash and shares.

The Iron Oxide Copper-Gold (IOCG) uranium and rare earth elements project includes an inferred resource at Milo of 88 Mt containing 97,000 tonnes of copper and 14 million lbs of uranium oxide at a 0.1 per cent copper equivalent cut-off. 

Peter Rohner, GBM

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