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Honeymoon mine to resume uranium production
Uranium production will resume next year at the Honeymoon mine in South Australia following a decision to push ahead with a $113 million reboot of the project.
Uranium production will resume next year at the Honeymoon mine in South Australia following a decision to push ahead with a $113 million reboot of the project.
More than $3 billion has been wiped from the value of the state’s largest mining and energy companies in the past week amid tumbling global commodity markets and mixed March quarter production results in the wake of floods and China’s latest COVID-19 lockdowns.
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BHP has completed a $500 million revamp of its Olympic Dam smelter and is starting to ramp up copper processing again after one of the lowest quarters of production since it took over South Australia’s largest mine in 2005.
Adelaide-based Andromeda Metals has moved to acquire fellow South Australian mining firm Minotaur Exploration, to create a leading company focused on the production and technology development of the rare clay materials kaolin and halloysite.
Adelaide-based Core Lithium has committed to building a lithium mine and processing plant in the Northern Territory after signing a contract with a key supplier to electric carmaker Tesla.
SA miner Rex Minerals has announced a bid to raise $50 million to fund pre-development activities at its Hillside copper/gold project on Yorke Peninsula.