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Bill Amann and Adrian Black founded Newexco in 1999, initially to provide nickel exploration services to companies that lacked the necessary expertise or skilled employees. Newexco recognised the need for a rigorous scientific approach, focusing on strong communication between geologists and geophysicists. In the days when companies were rushing into nickel laterites, Newexco focused on nickel sulphide and base metal exploration and targeting, establishing an enviable track record of discovery. With the departure of Outokumpu Mining Australia, Newexco retained the key Outokumpu employees and many of them are still with us today. The skills and motivation of this successful team are applied across a range of commodities for clients with projects in Australia and globally.

The success of the Newexco team is demonstrated by numerous awards and accolades including:

Discovery of the Year: 2008

A prestigious award from the Annual Sydney Excellence in Mining conference which recognised the entire Newexco exploration team for their integrated approach to geological and geophysical targeting. The recognition is primarily for the discovery of the Spotted Quoll massive nickel sulphide deposit and also recognises the Flying Fox discoveries for client Western Areas NL. Resources quoted in the WSA 2008 Annual Report were 2.3 Mt @ 4.7% Ni.

ASX Newexco wins discovery of the year award for Spotted Quoll 20080922

AMEC Prospector of the Year 2009

Awarded to Bill Amann, Adrian Black and Kevin Frost for the ‘blind’ discovery of the Spotted Quoll massive nickel sulphide deposit. This deposit was masked by 30 metres of barren granite cover and laid undiscovered throughout 35 years of active exploration and drilling. The initial resource at Spotted Quoll was in excess of 2 Mt @ 6% Ni; subsequent drilling has increased this resource with reserves to sustain greater than 10 years of open pit and underground mining. The recent updated  underground reserves were 3.1 mt @ 4.2% Ni.

2009 AMEC Prospector Award

Memberships & Associations

Newexco supports the following associations for their leadership and support in the minerals industry:

Centre for Exploration and Targeting (CET)

The Centre for Exploration Targeting (CET) is a unique applied research enterprise focusing on increasing the discovery rate in mineral exploration and the quality of discoveries without relying on substantial increases in exploration expenditure.

CET Corporate Membership

Association of Mining and Exploration Companies (AMEC)

The Association of Mining and Exploration Companies (AMEC), is the peak industry representative body for mineral exploration and mining throughout Australia with offices in Perth, Brisbane and Sydney.

Australian Institute of Geoscientists (AIG)

Newexco supports the AIG and actively encourages its geoscience employees to become members.

Australian Society of Exploration Geophysicists (ASEG)

The Australian Society of Exploration Geophysicists (ASEG) is a learned society of professional earth scientists specialising in the practical application of the principles of physics and mathematics to solve problems in a broad range of geological situations.