Hillcrest Energy Technologies CEO Don Currie joined Steve Darling from Proactive to provide an update on the company's progress in a recent interview with Proactive, highlighting major advancements that position Hillcrest as a leader in the electric vehicle (EV) and renewable energy industries. The company is gaining traction with its Zero Voltage Switching (ZVS) technology, designed to enhance the performance and efficiency of EV systems and renewable energy applications.

Currie emphasized that Hillcrest is in advanced discussions with leading automakers and Tier One suppliers, with growing interest in its ZVS traction inverter and power factor correction (PFC) prototype. These innovations are noted for their ability to eliminate switching losses, improve electromagnetic compatibility, and boost overall system efficiency. By the end of 2024, Hillcrest expects to finalize demonstrations with several top automakers and suppliers.

Hillcrest's development partner, Systematec GmbH, is playing a critical role in these advancements. Together, they held strategic meetings with potential customers and investors in Germany, and are progressing towards securing Hillcrest's first commercial agreements.

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Proactive’s Tylah Tully sat down with International Mining and Resources Conference (IMARC) event director Sherene Asnasyous to discuss the upcoming event to be held at the ICC Sydney from October 29 to 31, 2024.

Sherene shared insights on what attendees can expect from the 2024 event and highlighted the impressive lineup of presenters this year, which will include a mix of industry leaders, innovators and government representatives. These speakers are set to cover a wide range of topics, showcasing the depth and breadth of the global mining sector.

One of the key features of IMARC 2024 is the introduction of several new elements designed to enhance the overall experience for participants. This year’s conference will place greater emphasis on sustainability and the integration of cutting-edge technology within mining operations. These updates reflect the evolving needs of the industry and underscore IMARC's commitment to staying at the forefront of mining innovation.

In discussing the emerging trends shaping the mining landscape, Sherene pointed to themes such as decarbonisation, critical minerals and automation. These areas are becoming increasingly important as the industry adapts to global demands for sustainable practices and the transition to green energy solutions. The drive toward cleaner energy sources is reshaping the way companies approach mining, making these trends central to the industry’s future.

Sherene attributed IMARC’s ongoing success and strong reputation to its ability to bring together diverse voices from across the sector, creating a platform for valuable networking and knowledge sharing. She noted that the conference has consistently provided actionable insights and fostered collaborations that have driven progress in mining.

As for what investors and attendees can expect this year, Sherene promised a dynamic event packed with thought-provoking discussions, new partnership opportunities, and valuable takeaways for all participants, ensuring that IMARC 2024 continues to deliver exceptional value.

To register for the event go to https://imarcglobal.com/register

#ProactiveInvestors #IMARC2024 #ASX #MiningInnovation #SustainabilityInMining #CriticalMinerals #Decarbonisation #MiningConference #GreenEnergyTransition #MiningIndustry #AutomationInMining #SydneyEvents #GlobalMining

Great Boulder Resources (ASX: GBR) managing director Andrew Paterson joins Proactive’s Tylah Tully to discuss assay results the company has received from two diamond drill holes at the Mulga Bill prospect within the Side Well Gold Project, Western Australia.

The holes targeted depths up to 500 metres below the surface and intersected gold-bearing veins and shear-hosted lodes as predicted by GBR’s mineralisation model.

Highlights from the assays include: 5.93 metres at 3.51 g/t gold from 518.07 metres, including 1 metre at 19.30 g/t; 1 metre at 7.74 g/t from 205 metres; 1 metre at 7.02 g/t from 456 metres; and 1 metre at 5.29 g/t from 214 metres.

These results confirm the potential for further resource growth at Mulga Bill, where the current resource stands at 568,000 ounces at 2.7 g/t gold, extending mineralisation to a depth of at least 500 metres. GBR plans additional drilling to test the northern extension and deeper zones.

Further exploration at Side Well is ongoing, with aircore drilling at Side Well South and resource updates expected in December 2024.

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AuMEGA Metals Ltd (ASX: AAM, TSXV: AUM, OTCQB: AUMMF) managing director and CEO Sam Pazuki joins Proactive’s Tylah Tully to discuss preliminary results the company has received from a high-resolution airborne magnetic and Very Low Frequency Electromagnetic (VLF-EM) survey over its Bunker Hill Project in Newfoundland and Labrador, Canada.

The survey covered 170 square kilometres, comprising 3,142 line-kilometres, and revealed significant geological complexity across the 25-kilometre strike length of Bunker Hill.

The findings have altered the company’s understanding of the area, highlighting important geological structures that align with previous geochemical and prospecting samples, which showed high-grade copper, gold, and silver.

Key results include:

Identification of major second and third order faults;

High-grade copper samples of up to 25% (outcrop) and 57% (float); and

Significant silver (up to 407.5g/t) and gold (up to 17g/t) in samples.

These findings suggest that Bunker Hill shares structural similarities with Calibre Mining's Valentine Project, which hosts a large gold resource. Further structural analysis and final data processing are expected before the end of 2024. The company is also awaiting assay results from its summer till survey and diamond drilling programs.

#ProactiveInvestors #AuMEGA #ASX #TSX #OTCQB #MiningExploration, #Geophysics, #AirborneMagnetics, #AuMEGA, #BunkerHill, #CopperExploration, #GoldExploration, #SilverExploration, #GeologicalStructures, #NewfoundlandMining, #ResourceDiscovery, #VLFEMSurvey, #HighGradeMineralisation, #CapeRayShearZone, #GreenfieldsExploration, #Mineralisation, #GeophysicalSurvey, #MiningUpdate,

Cyclone Metals Ltd (ASX:CLE) CEO Paul Berend Joins Proactive’s Tylah Tully to discuss how the company has successfully completed a pilot production run of direct reduction (DR) iron ore pellets at its Iron Bear Project in Canada.

These pellets achieved “world-class” specifications, grading 67.5% iron, 1.6% silica, 0.12% magnesium oxide and 0.65% calcium oxide, with ultra-low deleterious elements.

The pellets demonstrated excellent physical and metallisation properties, including a cold crushing strength (CCS) of 438-486 kilograms per pellet and a 99.1% metallisation rate.

Berend noted that these DR pellets, which enable low-carbon steel production, are a significant milestone for the project.

DR pellets are crucial in green steel production, reducing carbon inputs by minimising the need for coking coal and enabling the use of electric furnaces. The company expects to start shipping bulk samples to potential offtake clients by Q2 2025.

With the completion of pilot work, the company will now move towards small-scale industrial production.

Cyclone plans to produce high-grade DR concentrate and pellets, targeting potential markets in the Middle East and Europe. The company aims to secure a joint venture with a Tier-1 miner or steel producer to advance the project.

#ProactiveInvestors #CycloneMetals #ASX #IronBearProject #IronOre #GreenSteel #LowCarbonSteel #DRPellets #DirectReduction #SustainableSteel #GreenHydrogen #CarbonReduction #IronProduction #PilotProduction #SteelIndustry #QuebecCity #COREM #IronOrePellets #OfftakeClients #Metallisation #IronResource #IronBear

Triangle Energy (Global) Ltd (ASX:TEG) managing director Conrad Todd joins Proactive’s Tylah Tully to discuss the company’s agreement of a revised settlement timeframe for the sale of the Arrowsmith land and facilities to Pilot Energy Ltd (ASX:PGY) as part of the Cliff Head Joint Venture (CHJV) Sale and Purchase (S&P) Deed.

On the eleventh of this month, both companies agreed to extend the schedule for the first stage of the transaction, allowing additional time to finalise the transfer.

Under the updated agreement, Pilot Energy will make staged payments totalling $6.5 million to Triangle. This includes $4.5 million for Arrowsmith, with $400,000 due on October 18, 2024, and $4.1 million plus interest on November 29, 2024, increasing to $5 million if delayed further. Additionally, $2 million will be reimbursed for operating costs on October 18.

Further payments are set to follow, including $4 million upon the issuance of a Greenhouse Gas Injection Licence and up to $7.5 million in carbon storage royalties. Pilot Energy will also assume full operational costs for Cliff Head starting October 15, 2024. Triangle expects these payments to support its financial position for future projects, including the Becos well.

#ProactiveInvestors #TriangleEnergy #ASX #PilotEnergy #CliffHeadJV #ArrowsmithSale #SettlementTimeline #CHJV #OilAndGas #ASX #EnergySector #JointVenture #GreenhouseGasLicence #CarbonStorage #EnergyProjects #BecosWell #EnergyTransition #RoyaltyPayments #NOPTA #EnergyNews #FinancialUpdate #OperationalCosts

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Proactive’s Tylah Tully sits down with Pantoro Ltd (ASX:PNR, OTC:PNTOF) managing director Paul Cmrlec to discuss its September quarterly results.

Pantoro produced 21,374 ounces of gold at the Norseman Gold Project in Western Australia during the September quarter, marking a 3% increase compared to the previous quarter.

The company achieved an EBITDA of $32.5 million for the period. The all-in sustaining cost (AISC) for the quarter was $2,395 per ounce and Pantoro’s cash and gold reserves grew by $8.5 million to reach $112.3 million by September 30.

Operationally, the company completed mining activities at the Scotia Open Pit and Green Lantern with output from the OK Underground Mine rising to 9,661 ounces.

The Scotia Underground Mine saw 1,076 metres of development, encountering high-grade ore while planning is underway for an open pit at Princess Royal Mining Centre.

The Norseman processing plant handled 292,718 tonnes, though interruptions, including a scheduled mill reline, resulted in the loss of six days of production and a 1,000-ounce production offset.

Pantoro has recently secured a zero-premium collar for its 2025 gold production, providing exposure to prices up to $4,200 per ounce and has also hedged diesel for 2025 to manage supply risks linked to Middle Eastern conflicts.

#ProactiveInvestors #Pantoro #ASX #GoldProduction #NorsemanGoldProject #WesternAustralia #Mining #GoldMining #QuarterlyReport #ASX #GoldOutput #ScotiaOpenPit #OKUndergroundMine #PrincessRoyalMiningCentre #GoldPrice #EBITDA #DieselHedges #SupplyRisk #GoldMarket #MiningOperations #AISC #AustralianMining

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Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest quarterly from Pantoro Ltd (ASX:PNR, OTC:PNTOF).

Pantoro continues steady gold production at the Norseman Project in Western Australia, producing more than 21,000 ounces in the September quarter, marking a 3% increase on the previous quarter. The company reported earnings before interest, tax, depreciation and amortisation (EBITDA) of $32.5 million, with an all-in sustaining cost (AISC) of $2,395 per ounce. As of September 30, 2024, the company’s cash and gold balance rose by $8.5 million, reaching $112.3 million.

Operational highlights include the early cessation of mining at the Scotia Open Pit on September 28 and the completion of Green Lantern mining on October 11. Production at the OK Underground Mine increased to 9,661 ounces and planning has commenced for a new open pit at Princess Royal Mining Centre, expected in March 2025. At the Scotia Underground Mine, 1,076 metres of drilling was completed, revealing high-grade mineralisation.

The Norseman processing plant functioned well, processing 292,718 tonnes, though disruptions caused a loss of six days, reducing output by approximately 1,000 ounces. Additionally, Pantoro secured a zero-premium collar for 2025 gold production, providing exposure to gold prices up to $4,200 per ounce.

#ProactiveInvestors #Pantoro #ASX #JusttheFacts #GoldProduction #NorsemanGold #WesternAustralia #GoldMining #EBITDA #ScotiaOpenPit #MiningUpdate #GoldPrices #ProcessingPlant #GreenLantern #UndergroundMining #AISC #PrincessRoyalMining #GoldOutput #MiningOperations #ZeroPremiumCollar #ScotiaUnderground #OKUnderground #Proactive

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Suvo Strategic Minerals Ltd (ASX:SUV) executive chair Aaron Banks joins Proactive’s Tylah Tully to discuss the company’s successful transformation of zero-carbon nickel slag into high-strength, low-carbon cement.

Suvo’s tested three samples at Indonesia's Makassar State University (UNM), yielding impressive results, with one sample achieving 37.5 megapascals (Mpa) of strength after only seven days.

This comes after Suvo signed a cooperation agreement with PT Huadi Bantaeng Industrial Park (PT HBIP) in Indonesia, potentially leading to a commercial arrangement.

The agreement involved Suvo's subsidiary, Climate Tech Cement Pty Ltd, incorporating industrial slag by-product from PT Huadi Nickel-Alloy Indonesia (PT HNI), a nickel pig iron operation, into its geopolymer mix-design. The aim is to produce an eco-friendly geopolymer cement as an alternative to traditional clinker-based cement.

Cement production is responsible for around 8% of global greenhouse gas emissions, emitting around 3.2 billion tonnes of CO2 annually.

Suvo's innovation in turning nickel slag into a low-carbon cement alternative offers significant potential in reducing the cement industry's carbon footprint.

Banks highlighted the success of the initial trials and outlined the company’s goal of producing an environmentally friendly alternative to traditional Portland cement.

The nickel slag, supplied by PT Huadi Nickel-Alloy Indonesia (PT HNI), one of Indonesia’s largest nickel producers, has a zero-carbon footprint. This circular economy solution reduces waste from nickel production and lowers emissions in the cement industry.

Suvo now plans further testing in collaboration with UNM, evaluating other properties of the cement, including slump and setting times. The results will be shared with PT HNI, with potential discussions for a partnership and commercialisation of this low-carbon cement product.

#ProactiveInvestors #SuvoStrategicMinerals #ASX #NickelSlag #LowCarbonCement #GreenInnovation #CementIndustry #CircularEconomy #Sustainability #CarbonNeutral #NickelProduction #CO2Reduction #ClimateAction #EVEquivalent #EnvironmentalSustainability #MakassarStateUniversity #PTHuadi #IndonesiaMining #NickelWaste #GreenTechnology #CarbonFootprint #CementTesting

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Alkane Resources Ltd (ASX:ALK) managing director Nic Earner sits down with Proactive’s Tylah Tully to run through the company’s latest quarterly update.

At its Tomingley Gold Operations in Central West NSW, gold production for the quarter reached 18,418 ounces, in line with the forecast. Site operating cash costs were A$2,000/ounce and the All-In Sustaining Cost (AISC) was A$2,200/ounce.

The site generated A$19.2 million in operating cash flow and gold sales totalled 19,000 ounces, generating A$65 million in revenue at an average price of A$3,400/ounce.

The full-year FY2025 production guidance remains unchanged at 70,000 to 80,000 ounces of gold, with an AISC between A$2,400 and A$2,600/ounce. The higher AISC is attributed to increased decline development costs.

At its Tomingley Gold Extension Project construction on the paste plant and the process plant’s flotation and fine grinding circuit is on schedule for commissioning in Q4 2024.

Mineral resources and ore reserves for Tomingley were re-estimated, resulting in an 11% net increase in reserve ounces. Total mineral resources are estimated at 24.27 million tonnes grading 2.12 g/t gold for 1.656 million ounces with ore reserves at 11.76 million tonnes at 1.9 g/t for 705,000 ounces.

Early-stage exploration at the Rockley Project, 35 kilometres south of Bathurst, identified base metal alteration and generated new prospective targets.

Exploration activities around Boda-Kaiser focused on re-assaying and passive seismic surveys and the drilling of bores for groundwater monitoring.

Cash, bullion and listed investments totalled A$50 million at the end of the quarter, with an additional A$15 million available from the undrawn portion of the A$60 million project finance facility.

Significant investments of A$30 million were made in Tomingley’s expansion projects, nearing completion by the end of the year.

#ProactiveInvestors #AlkaneResources #ASX #TomingleyGoldOperations #GoldMining #GoldProduction #ExplorationUpdate #MiningNews #RoswellDeposit #GoldReserves #TomingleyExpansion #NewellHighway #PastePlant #GoldExploration #RockleyProject #BodaKaiser #AISC #MineralResources #UndergroundMining #GoldRevenue #MiningAustralia #QuarterlyReport #MiningInvestments

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