Tasmania

Australian Bauxite Begins Promising Third Drilling Tests In Northern Tasmania

Australian Bauxite Begins Promising Third Drilling Tests In Northern Tasmania

Australian Bauxite Limited (ABx) announced this week the beginning of its third drilling campaign between its Deep Leads and Rubble Mound Rare Earth (REE) plays in an effort at understanding the mineralized areas present there. The firm said that the current drilling...

Events

ABx Confirms Shipment of 30,000 MT of Bauxite, Sale of Additional 5,000 MT

Australian Bauxite Limited (ABx) announced the shipment and subsequent sale of a quantity of bauxite mined from its Bald Hill Bauxite Project in Tasmania. Though the customer was not identified, ABx indicated that the shipment in question was of 30 thousand metric tons of cement-grade, custom-blended bauxite. The shipment was delivered to the purchaser’s ship […]

ABx Confirms Another 30,000 MT Bauxite Shipment of Tasmanian Ore

Australian Bauxite Limited (ABx) announced the sale of another significant quantity of bauxite ore today, confirming the sale of 30 thousand metric tons of the ore harvested from its mine at Bald Hill. ABx declined to identify the purchaser or the destination for which the cement-grade bauxite is headed. The ore will be shipped from […]

ABx Releases Q3 Numbers

Australian Bauxite Limited released third-quarter results yesterday. The report showcased the firm’s continuing uptick in sales and production. According to the report, current group available cash is approximately A$2.4 million, plus available lines of credit in the event further working capital becomes necessary. The firm says it does not plan to raise capital in the […]

ABx Increases Bauxite Estimate at Fingal Rail by Over Five Times

Sydney’s Australian Bauxite Limited announced a significant resource increase at its Fingal Rail Bauxite Project yesterday. The firm’s new estimate is over five times the number given according to initial data. ABx said that when the data was examined at the project’s outset, the initial projection was that the project area contained approximately 1.18 million […]