Endeavor Mine General Manager Matt Gill sat down with The Cobar Weekly last week to outline the plans for the mine’s imminent re-start. Mr Gill said since Polymetals “received the keys” to the Endeavor Mine site on August 1, they have been bringing the mine out of care and maintenance […]
Polymetals Resources has secured $30 million to fund the restart of the Endeavor Mine. Polymetals announced on Monday they had entered into a strategic partnership with global commodity trader Ocean Partners securing the funding along with entering into a concentrate offtake arrangement. The financing facility will fund the redevelopment of […]
Following a revised agreement with CBH Resources, Polymetals is now a step closer to bringing the Endeavor Mine back into production. Polymetals announced yesterday that a revised Endeavor Silver, Zinc and Lead Mine acquisition agreements and ancillary arrangements had been executed and agreed with CBH Resources, a subsidiary of Toho […]
Polymetals Resources Ltd, the new owners of the Endeavor Mine, last week released their Mine Restart Study (MRS) with Polymetals’ executive chairman Dave Sproule saying they are “laser focused on recommencement of mining”. Mr Sproule said the extensive MRS document demonstrates strong technical and robust financial returns which point […]
Cobar’s housing market continues to be buoyant with 11 houses sold in just over two hours by David Russell’s Nutrien Har-courts team last week. The former Endeavor Mine homes owned by Cobar Infrastructure, were offered for sale via two separate online auctions on Wednes-day and Friday. The highest clearance, $204,000 […]
Long serving Endeavor Mine general manager Denver D’Angelo will be leaving CBH Resources next month to take up a new role with one of the top ten mining companies in the world. Mr D’Angelo has accepted the position of Lead Underground Operations with Anglo American, which mines a range of […]
With no end in sight to one of the worst droughts on record Cobar’s three biggest employers, CSA, Endeavor and the Peak mines, are all actively working to conserve water to ensure their operations continue. The mines have been given assurances that their allocations will remain as is until July. […]
Cobar Shire Council and representatives of Cobar’s three major mines, CSA, Endeavor and Peak, will meet with WaterNSW staff in Cobar next week to discuss our water situation. WaterNSW manages and operates the state’s 42 dams and storages to deliver water for environmental, domestic, town water, stock, industrial and irrigation […]
Endeavor Mine will be terminating its contract with one of their contractors, Macmahons, in an effort to reduce costs and sustain the operation. Endeavor’s general manager Denver D’Angelo announced on Monday night their contract with Macmahon would be terminated which would directly affect 40 Macmahon personnel. “Macmahon have made assurances […]
Cobar schools and community members banded together on Friday to send a clear message that bullying is not okay. The event at Ward Oval on Friday morning was organised by the Cobar Mental Health Network Group in support of the 8th National Day of Action against bullying and violence with […]
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