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Severe, un​usual weather likely to cause damage

A bout of wild weather is due to hit the South West on Tuesday, according to the Bureau of Meteorology. Photo: Jarred McGill

The Bureau of Meteorology has issued a warning to residents across the South Western corner of the state, branding the next bout of winter weather as “unusual” and “likely to cause damage to homes.”

The front is expected to be windier than a typical front and to affect a larger area than usual at this time of year.

The bureau warned that travel would be dangerous during the weather activity and that properties were likely to be damaged in the high winds.

In south west WA, it is likely to produce the kind of weather that is only seen about five times per year.

A strengthening northerly flow ahead of a strong cold front will cause winds and rain to increase from late Monday along the west coast.

The strong cold front will move through during Tuesday, with damaging winds with gusts to 100 kilometres per hour possibly resulting in damage to homes and propert..

A bout of wild weather is due to hit the South West on Tuesday, according to the Bureau of Meteorology. Photo: Jarred McGill

The Bureau of Meteorology has issued a warning to residents across the South Western corner of the state, branding the next bout of winter weather as “unusual” and “likely to cause damage to homes.”

The front is expected to be windier than a typical front and to affect a larger area than usual at this time of year.

The bureau warned that travel would be dangerous during the weather activity and that properties were likely to be damaged in the high winds.

In south west WA, it is likely to produce the kind of weather that is only seen about five times per year.

A strengthening northerly flow ahead of a strong cold front will cause winds and rain to increase from late Monday along the west coast.

The strong cold front will move through during Tuesday, with damaging winds with gusts to 100 kilometres per hour possibly resulting in damage to homes and property.

The threat of damaging winds will extend eastwards to include southern inland parts during Tuesday.

There is a slight risk of dangerous gusts in excess of 125 kilometres per hour that could cause significant damage or destruction to homes and property in localised coastal areas between Bunbury and Walpole late Monday and again during Tuesday morning with the passage of the front.

Tides are likely to rise above the normal high tide mark with very rough seas and potential flooding of low-lying coastal areas during Tuesday, particularly in the Geographe Bay area.

Damaging surf conditions are likely which may cause beach erosion in coastal areas between Jurien Bay and Walpole, particularly in Geographe Bay from late Monday night.

The heaviest rainfall is expected in coastal parts between Jurien Bay and Walpole with only light rainfall over eastern inland parts of the warning area.

The Department of Fire and Emergency Services advises that people should:

  • If outside find safe shelter away from trees, power lines, storm water drains and streams.
  • Close your curtains and blinds, and stay inside away from windows.
  • Unplug electrical appliances and do not use land line telephones if there is lightning.
  • If boating, swimming or surfing leave the water.
  • Be alert and watch for hazards on the road such as fallen power lines and loose debris.
  • Keep away from flooded drains, rivers, streams and waterways.
  • Be careful of fallen trees, damaged buildings and debris.
  • Be careful of fallen power lines. They are dangerous and should always be treated as live.
  • Assess your home, car and property for damage.
  • If damage has occurred take photos and contact your insurance company to organise permanent repairs.
  • If your home or property has significant damage, like a badly damaged roof or flooding, call the SES on 132 500.

Visit www.emergency.wa.gov.au, call 13 DFES (13 3337) to stay up to date with weather warnings.

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Australia

De Grey Mining shares rise after drilling extends sulphide zone at Hemi Prospect

De Grey Mining Limited (ASX:DEG) has intersected very encouraging sulphide-rich alteration over large widths and depths from initial reverse circulation (RC) holes drilled on Section B at the newly discovered Hemi Prospect within the Mallina Gold Project in WA.

The sulphide zone at Section B expanded to over 160 metres wide and greater than 120 metres depth in RC drilling immediately below the known shallow gold mineralisation, including:

97 metres of sulphide mineralisation (downhole) in HERC001; and
45 metres of sulphide mineralisation (downhole) in HERC002.
New additional parallel sulphide zones increase scale potential with new zones of 19 metres and 15 metres (downhole) in HERC002 and HEDD001 pre-collar.

Section B showing new RC drill holes with extensive sulphide alteration below the gold zone

In Section A, drilling intersected fresh and intense sulphide mineralisation from 192 metres (downhole) to 204 metres where the drilling rods have become bogged and drilling had to ceas..

De Grey Mining Limited (ASX:DEG) has intersected very encouraging sulphide-rich alteration over large widths and depths from initial reverse circulation (RC) holes drilled on Section B at the newly discovered Hemi Prospect within the Mallina Gold Project in WA.

The sulphide zone at Section B expanded to over 160 metres wide and greater than 120 metres depth in RC drilling immediately below the known shallow gold mineralisation, including:

  • 97 metres of sulphide mineralisation (downhole) in HERC001; and
  • 45 metres of sulphide mineralisation (downhole) in HERC002.
  • New additional parallel sulphide zones increase scale potential with new zones of 19 metres and 15 metres (downhole) in HERC002 and HEDD001 pre-collar.

Section B showing new RC drill holes with extensive sulphide alteration below the gold zone

In Section A, drilling intersected fresh and intense sulphide mineralisation from 192 metres (downhole) to 204 metres where the drilling rods have become bogged and drilling had to cease.

De Grey technical director Andy Beckwith said: “The significant sulphide zones beneath the high-grade gold zones on Sections A and B are very encouraging.

“The large sulphide zones on Section B have the potential to significantly increase Hemis scale.

“The genetic link between Sections A and B as intrusion hosted is exciting and increases the potential at Hemi.

“This is supported by the aircore drilling results to date that highlight every hole above the interpreted intrusions are anomalous in gold.

“The aircore and RC programs are continuing, and a diamond rig is expected on site later this week.”

Mallina Gold Project showing main gold deposits and the new Hemi Discovery

At Section B, the alteration assemblage comprises quartz-sericite-sulphides (pyrite and arsenopyrite) with the sulphides hosted in fine sheeted veins and ranging from about 5% to 10% of the rock mass.

The fine-grained nature of the sulphide mineralisation makes accurate percentage estimates difficult and full assays results and detailed diamond core are expected to provide further definition Read More – Source

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Australia

Animoca Brands welcomes Dapper Lab and UFC partnership

Animoca Brands Corporation Ltds (ASX:AB1) investment Dapper Labs has partnered with mixed martial arts organisation UFC to offer a new form of digital collectibles to UFC's global fanbase.

Under the terms of the agreement, UFC and Dapper Labs will develop a new digital experience allowing fans to purchase, trade and own UFC-branded digital collectibles on Dapper Labs platform, Flow.

The platform is built specifically to support consumer-facing blockchain experiences.

First global brand featured on Flow [hhmc]
Dapper Labs chief executive officer Roham Gharegozlou said: “Flow makes it easy for any developer to build blockchain apps, games, and digital assets to power them.

“Working with UFC®, we are showing whats possible when you give an engaged fanbase a real ownership stake in the sport they love and the communities theyre a part of.”

UFC is one of the first global brands in professional sports to be featured on Dapper Labs Flow.

“New form of digitial collectibles”[hhmc]
De..

Animoca Brands Corporation Ltds (ASX:AB1) investment Dapper Labs has partnered with mixed martial arts organisation UFC to offer a new form of digital collectibles to UFC's global fanbase.

Under the terms of the agreement, UFC and Dapper Labs will develop a new digital experience allowing fans to purchase, trade and own UFC-branded digital collectibles on Dapper Labs platform, Flow.

The platform is built specifically to support consumer-facing blockchain experiences.

First global brand featured on Flow


Dapper Labs chief executive officer Roham Gharegozlou said: “Flow makes it easy for any developer to build blockchain apps, games, and digital assets to power them.

“Working with UFC®, we are showing whats possible when you give an engaged fanbase a real ownership stake in the sport they love and the communities theyre a part of.”

UFC is one of the first global brands in professional sports to be featured on Dapper Labs Flow.

"New form of digitial collectibles"


Developed by Dapper Labs as a solution to the problem of blockchain scalability for consumer applications like games and digital collectibles, Flow will help enable and empower tech savvy UFC fans to purchase, traRead More – Source

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Australia

Cobalt Blue buoyant on fundamentals of cobalt market

Cobalt Blue Holdings Ltd (ASX:COB) is buoyant about the future of the cobalt market which underpins plans to develop the Broken Hill Cobalt Project (BHCP) while also focusing on progressing its cobalt processing technology.

In an update to shareholders, the companys CEO Joe Kaderavek said there were signs of a strengthening market, including a price rebound, increased payability of cobalt inputs/derivatives and recent long-term cobalt deals.

This comes as COB prepares an updated ore reserve statement for the BHCP and makes progress with establishing a pilot/demonstration plant in Broken Hill for its technology.

Steady price recovery[hhmc]
The CEO stated that the cobalt spot price had undergone a steady recovery from lows in July 2019, up more than 50% to around US$18 per pound.

At the same time, he said that cobalt inputs/derivatives such as hydroxides and sulphates had seen increased payability, reflecting market tightness.

“Our view is that cobalt sulphate will retain on average..

Cobalt Blue Holdings Ltd (ASX:COB) is buoyant about the future of the cobalt market which underpins plans to develop the Broken Hill Cobalt Project (BHCP) while also focusing on progressing its cobalt processing technology.

In an update to shareholders, the companys CEO Joe Kaderavek said there were signs of a strengthening market, including a price rebound, increased payability of cobalt inputs/derivatives and recent long-term cobalt deals.

This comes as COB prepares an updated ore reserve statement for the BHCP and makes progress with establishing a pilot/demonstration plant in Broken Hill for its technology.

Steady price recovery


The CEO stated that the cobalt spot price had undergone a steady recovery from lows in July 2019, up more than 50% to around US$18 per pound.

At the same time, he said that cobalt inputs/derivatives such as hydroxides and sulphates had seen increased payability, reflecting market tightness.

“Our view is that cobalt sulphate will retain on average a small premium (US$1-2/pound) to metal in the long-term.”

Longer-term deals


While the spot price was undergoing a period of repair, Kaderavek said there were also longer-term developments which provided strong pointers to the metals future.

An unprecedented number of larger 5-6 year deals had been or were being finalised, he said.

“These dealings reflect market tightness sourcing cobalt units in support of long-term production plans.”

The deals include Glencore PLC (LON:GLEN) (OTCMKTS:GLNCY) and:

  • Samsung SDI – totalling 21,000 tonnes over five years;
  • SK Innovation – 30,000 tonnes over six years;
  • GEM Group – 61,200 tonnes over five years; and
  • Tesla Inc (NASDAQ:TSLA), Umicore and BMW – details undisclosed.

Improving batteries


Kaderavek said at present nickel-rich cathodes such as (Nickel Manganese Cobalt) NMC 811 were expected to become the major chemistry adopted for passenger electric vehicles over the next 10-15 years as this chemistry provided excellent energy density per battery weight.

However, the limitations of NMC battery thermal and chemical stability were being reached, and further reductions in cobalt content were not practical from an end-user safety perspective.

“In fact, many current NMC 811 batteries are based on a 'core' of 811 surrounded by 'shells' of 622, 532 and even 111 to provide operational stability,” he said.

“Regardless, COB welcomes the development of improved batteries that will lead to higher uptake of electric vehicles and thus increased overall demand for cobalt cathodes.

“We at COB look forward to producing ethical cobalt as part of a decarbonised future,” he added.

In updating the companys progress, the CEO said the updated ore reserve statemeRead More – Source

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