Mining Bulletin

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Mining Bulletins

The full story: In-depth news and analysis

A successful Q1 17 sees Roxgold on target for up to 115,000oz in FY/CY17 from its new Burkina Faso gold mine

PFS sees new high-grade, high-margin, initial 211,000oz Rothsay gold project for Egan Street Resources kicking off in mid-2018. By Mark Mentiplay

International gold miner Eldorado Gold has launched a $590M bid for developer/explorer Integra Gold and its advanced Lamaque Gold Project in Canada

3 more majors have joined the secret negotiations for BHP Billiton’s 77.000tpa Cerro Colorado copper mine in Chile, sources claim

New expansion plan for Lundin Mining’s Neves-Corvo zinc mine in Portugal to more than double production out to 2030.

Newcrest expects to restart production at its Cadia East underground mine in the September quarter once it has completed rehabilitation and upgrades to ground support areas after a seismic tremor halted operations in April.

Directors of Central Rand Gold find themselves in the dark about their company's deepening plight after strikers deny management access to their Johannesburg headquarters.

Beadell Resources gives the go-ahead after a positive feasibility study for Tucano gold project updates described by CEO-MD Simon Jackson as "the foundation of the future".

Strengthening operations at its 3 producing mines and better prices has seen Mandalay Resources slashed Q1 17 loss

Triton Minerals aims for late 2017 completion of a feasibility study after positive scoping study for Ancuabe graphite project in Mozambique.

Louis Dreyfus off-take deal for initial zinc, copper and lead concentrates supports pre-financing negotiations for Heron Resources' Woodlawn development.

A 36% increase in mineral reserves and lower operating costs resulting from its transition from contracting to owner-operation promise a longer, more profitable life for Brio Gold's Riacho dos Machados mine in Brazil.

The newly appointed Philippines environment minister has begun looking into recent mine closure orders and bans with a belief that neither mining or environmental requirements are mutually exclusive

AngloGold Ashanti is relying on the success of measures to tackle underperformance at its South African mines to keep it on guidance after a poor start to 2017.

Australian mining contractor Macmahon has signed a binding agreement on the ambitious alliance plan that will see Indonesia's PT Amman Mineral Nusa Tenggara become its major client and largest shareholder. John Feary reports

Expansion study sees a 200,000oz+ pa gold operation rising from Blackham Resources’ new Western Australian operation via a 2-stage development. By Mark Mentiplay

FYI Resources reaches agreement to take up the development of a vertically integrated West Australian high purity alumina project alongside its Laotian potash project.

Strategic Minerals plans to expand its exploration in Australia after buying out its joint venture partner in Central Australian Rare Earths and tenements prospective for cobalt, gold, nickel sulphides and rare earths. John Feary reports

Australian treasurer backs BHP Billiton desire to keep its dual ASX/LSX listings in the face of US shareholder push

Production dictated Q1 17 sees Sibanye’s gold division operating profit more than halved to $73.2, but platinum more than doubled to $18.2M.

Global gold major Kinross Gold posts $134.6M Q1 17 profit turnaround from previous loss, despite gold equivalent prodn fall. By MBM’s North American correspondent

Millennium Minerals has outlined the 'game-changer' potential to process an 850,000oz fresh ore resource alongside the current oxide ore at its Nullagine gold mine in Western Australia. And there's more potential at depth.

Moreton Resources has published a re-start strategy that points to over 1Mozpa silver production over an initial eight years at its Granite Belt silver mine in Queensland, Australia, which incorporates the mothballed Twin Hills mine.

An increased mining rate has Hillgrove Resources’ S Australian copper-gold-silver operations set for better rest-of-year after Q1 17 prodn falls

A deal to purchase raw coal from a neighbouring operation will enable Aspire Mining to de-risk the development of its Nuurstei hard coking coal project in Mongolia.

Acacia Coal expects a 12-month wait for the last South African regulatory approval after a positive PFS on its Riversdale Anthracite Colliery project.

Last year’s pit wall collapse at Troy Resources’ Guyana gold project continues to hurt Q3 17 production and costs

Norilsk Nickel outlines new court action against Botswana government minister claiming $277M damages over aborted sale of African nickel businesses.

A Q1 17 $6M profit from loss turnaround for Detour Gold flags more in the 2nd half of 2017

A near doubling of Q3 17 prodn from Blackham’s weather affected new gold mine has failed to offset a cut in FY17 production expectations as the ramp up continues

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