Mining Bulletin

The full story: In-depth news and analysis

You are here

Mining Bulletins

The full story: In-depth news and analysis

Western Australia’s iconic gold mine, the Kalgoorlie Super Pit, could increase its annual production by as much as 200,000oz depending on the results of a feasibility study launched by owner Northern Star Resources

Positive infill drilling results and initial agreement on a $A50M secured prepayment offtake facility with global trader Glencore have brought Cyprium Metals a significant step closer to a restart of its Nifty copper mine in Western Australia. Ross Louthean reports

Australian-based Antilles Gold has identified a second potential project in Cuba for its joint venture with state mining company GeoMinera, in the remains of a Russian mining company’s abandoned Cold War-era mine.

Australian explorer Lode Resources aims to overcome erratic markets for silver and the metallurgical challenges for achieving optimum recovery from its silver-rich discoveries in the New England belt stretching south into NSW. Ross Louthean reports

It’s finding it tough to generate a market response, but Australian explorer Superior Resources is convinced its follow up to numerous ground-breaking findings at its Greenvale projects in North Queensland will be its most anticipated and exciting drilling program. Ross Louthean reports

Horizon Minerals is targeting higher returns on investment by establishing a contract mining and toll milling model as it completes another deal aiming for the sequential underground development of its portfolio of gold projects in the West Australian Goldfields.

BHP has set a deadline of mid-2030 to cease mining at Australia’s largest openpit thermal coal mine after a two-year process seeking a trade sale failed to come up with a viable offer.

Trains and trucks and drills ... autonomous fleets and advanced systems are among the features that convey global iron ore leader Rio Tinto into a new era of technological innovation at its Gudai-Darri iron ore mine in Western Australia. John Feary reports

A community protest is delaying attempts by major Antofagasta to access and repair a pipeline leak that has halted the export of copper concentrate from its Los Pelambres mine in northern Chile.

Boss Energy has declared it’s on track to become Australia’s newest uranium producer by the end of 2023 after reaching the final investment decision on the $80M redevelopment of the Honeymoon project in South Australia.

Battery minerals company Talga has confirmed its Vittangi graphite project in northern Sweden as Europe’s largest and the world’s highest reported grade as it advances its vertically integrated mine-to-anode strategy.

Global miner/trader Glencore declares it is a different company after agreeing to pay $US1.2B in penalties and costs to resolve a series of international probes into past bribery and market manipulation allegations.

Prominent Australian producer OZ Minerals has teamed with explorer Havilah Resources in a strategic alliance that aims to explore and develop what could be Australia’s next great copper region in the Curnamona Province of South Australia.

Metals recovery specialist Jubilee begins to see significant results from a bold £39.5M expansion and optimisation program at its South African platinum group metals and chrome operations and Zambian copper and cobalt tailings projects.

A Spanish transport strike and continuing Covid-19 have pushed gold/copper miner Orvana Minerals from a profit to Q1 22 $5.84M loss on gold equivalent output falling to 10,600oz from 15,920oz

Q1 22 loss-to-$64M profit turnaround for miner Hudbay Mins, despite a string of problems sending all production down

Major funding and technology agreements deliver pivotal steps towards the development of Orion Minerals’ major development projects in South Africa’s Northern Cape province.

IAMGOLD out of the blocks and running with Q1 22 gold production well up and profit where there used to be loss

Indonesian-owned BUMA Australia expects to begin site work within two weeks after being awarded the coal mining services contract for Bowen Coking Coal’s planned second producing mine, the Broadmeadow East project in Queensland.

Lower SSR Mining Q1 22 production from its 4 global operations pushes profit down to $76M, the only positive performer being lead

Lundin Mining has a booming Q1 22 profit run up to $378M from Q1 21's $154M, but on global production down, with the exception of nickel

A transformational Q3 22 sees the MATSA mine in Spain join Sandfire Resources to lift copper output, with gold set to fire as the expansion locks in

Despite a substantial gold hit, global major Newmont has gone from Q4 21 loss to a Q1 22 $432M profit

COVID impacts on workforce availability and the additional disruptions of a massive rainstorm that halted road access and supplies to its flagship mine have slowed March quarter production by Australian copper and gold miner OZ Minerals.

New report flags a golden future for SolGold's Cascabel copper-gold-silver project in Ecuador, with the possibility of its LoM going out from an initial 26-years to 50-years

Rio Tinto chief executive Jakob Stausholm has re-emphasised the need to lift the global mining giant’s operational performance after a challenging first quarter of FY2022 that saw lower production of iron ore, aluminium and copper.

Australian explorer Castile Resources is advancing its strategy of extracting maximum value of each tonne of ore mined with the addition of a new 933,000t magnetite resource at its polymetallic Rover 1 project in the NT.

Black Cat Syndicate’s ambitions to become a mid-tier Western Australian gold producer rest on a four-year schedule for development and mining its portfolio of three high-grade mines in the state’s Eastern Goldfields, Eastern Pilbara and Tanami regions. John Feary reports

US agency offers $107M loan funding under Biden critical minerals strategy to back lithium miner-processor Syrah Resources’ vertically integrated battery metal facility in Louisiana.

Poor weather through the March quarter has limited production and shipping volumes at Kenmare Resources’ Moma titanium minerals mine in Mozambique, but the world-leading mineral sands producer is confident better weather will keep it on track through FY2022.

Pages

Mining Billboard

Insights and analysis from leading industry commentators