Page 2 - Mount Chalmers News Today

SPRINGING TO LIFE A long-dormant gold and copper mine outside Rockhampton looks set to spring to life again later this year thanks to the efforts of a newly-formed resources explorer. Planning to take advantage of soaring commodity prices, an outfit called QMines will lodge IPO prospectus documents this week to raise between $10m and $20m to start digging the stuff up at Mount Chalmers. Shares will be priced at just 30 cents each. The company is the brainchild of Sydney-based bizoid Andrew ...

Premium Content Subscriber only Near-record gold prices are triggering a rethink on the viability of Central Queensland’s long-dormant gold mines with mineral exploration activity anticipated to begin at the Mount Chalmers mine site within months. Hot on the heels of November’s news that Heritage Minerals’ $60 million Mount Morgan gold recovery project could be reactivated before the end of 2021, Australian based exploration and development company QMines Limited has revealed its excitin...