Cook Islands REE exploration rights granted

OCEAN Minerals LLC has identified areas of prospective potential for rare earth elements, including scandium, in the Cook Islands’ Exclusive Economic Zone. The company has entered into an agreement with the government for exclusive rights to prospect and explore these areas.

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Coronation North on track for development

DEVELOPMENT of the Coronation North deposit at OceanaGold’s Macraes Goldfield project on New Zealand’s South Island is expected to begin during the current quarter. In December the company said that it remained on track to receive the permits required to advance the project into development.

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High grade nickel results at Isabel

OUTSTANDING results have been received from a resource definition drilling program at Axiom Mining’s Isabel Nickel Project in the Solomon Islands. Nickel grades of up to 2.14% have been returned from drilling on the San Jorge tenement.

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Southwest Pacific granted bauxite mining lease

SOUTHWEST Pacific Bauxite Company has been granted a Mining Lease by the Solomon Islands Government to mine bauxite on Vaghena Island. The project has total JORC-compliant resources of 30.1 million tonnes, which translate into an in-situ mining inventory of 29.1 million tonnes.

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