Mining Bulletin

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Mining Bulletins

The full story: In-depth news and analysis

Merger participant Doray has done a new $15M deal to sell its advanced Andy Well and Gnaweeda gold projects to Westgold

Disclosure failures and other breaches of Canada’s securities regulations will cost Glencore-owned Katanga Mining $22M+, its CEO his job an 6 other execs/directors further fines

The DFS-stage Mt Holland lithium mine-to-refinery project in Western Australia has received a fillip with a new study adding further positive weight to 2 other recent studies. By Mark Mentiplay

World No 4 iron ore producer Fortescue bids to meet the Chinese drive for quality with the first export shipment of its new, higher-value West Pilbara Fines product. John Feary reports

WA miner Coolgardie Minerals takes urgent measures to placate creditors after lower-than-forecast ore grades halt initial cash-flow from its Geko gold mine.

The BFS on Jangada Mines’ Brazilian PGM-gold proj has received a fillip from a new 8Mt Ni-Cu discovery under the existing PGM resource

Take-over target Explaurum’s shareholders have some good looking new FS numbers on the company’s Tampia Gold Project in WA to consider. By Mark Mentiplay

NGEx Res has flagged its intention to spin off the company’s big Josemaria Copper-Gold Project into a separate public company

The DFS on Australia’s potentially 1st scandium project envisages a 30-year, $146M operation producing up to 40tpa and ascribing it a pre-tax $234M NPV8

Australian miner Resolute credits government promise to overcome red tape delays for helping it identify more growth opportunities at Ravenswood gold project.

Intermin Res merger/share bid for fellow Western Australia gold explorer MacPhersons Res to create Horizon Resources as new stand-alone producer. By Mark Mentiplay

Teck Resources is selling 30% of its big Chilean copper project for $1.2B and flagged production start-up in H2 2021. By MBM’s N American correspondent

Global industrialist Sanjeev Gupta’s growing involvement with Australian minerals may have led to the discovery of a major new iron ore project close to Broken Hill in South Australia.

Independent advisers have backed Explaurum’s rejection of an all-scrip, $60M takeover bid from miner Ramelius Resources saying it’s undervalued

New study flags late 2021 start to gold conc production from INV Metals’$341M Ecuador project, with initial output of 2.6Moz AuEq in the 1st 12-years. By MBM American correspondent

Termination of its Cabinda phosphate rock prospecting permit in Angola may open new opportunities for Australian explorer Minbos Resources.

Heavy seasonal rains have cut FY/CY18 gold expectations from Hummingbird’s Yanfolila mine in Mali

Adani Mining to fully fund a slimmer, cheaper, albeit still controversial, Carmichael coal/rail project in Queensland with ramp up ore already set for Adani’s clients

Final investment approval for the $310M expansion of the Olarox lithium project is expected to see commissioning in H2 2020. By MBM correspondent Mark Mentiplay

New study opens the door to more development options for Capstone’s $1.9B Chilean iron oxide-copper-gold project that could be producing in 2022

It’s early days yet, but BHP is generating intense speculation about a new Olympic Dam-style IOCG discovery with the report of strong copper, gold, uranium and silver intersections from exploration in South Australia’s Stuart Shelf.

A scoping study has delivered a robust case for underground development at Genesis Minerals’ Ulysses gold project, but more drilling success could still deliver a significant boost. John Feary reports

Indonesian coal producer Golden Energy and Resources has launched a $47.7M offer for Australian independent coal producer Stanmore Coal.

Zimbabwe-focused Prospect Resources aims to move swiftly towards financing, additional offtake agreements and development on the back of a positive DFS on its 87%-owned Arcadia hard-rock lithium project on the outskirts of Harare.

BHP’s preliminary report ascribes its recent 268-car iron ore train derailment to a brake system failure and incorrect operating procedure

Stanmore Coal builds more flexibility to follow market trends in new 5-year Isaac Plains East coal mining services contract extension for NRW unit Golding.

Antofagasta predicts up to 20% increase in production after giving the go-ahead for a $1.3B expansion of throughput capacity at its 60%-owned Los Pelambres copper mine in Chile.

Big gun Pan American Silver has launched a mutually agreed $1.07b bid for suspended Escobel mine owner Tahoe Resources

A sizable jump in YTD18 gold production from its Burkina Faso operation, fuelled by better mine and processing performances, has Roxgold set on exceeding FY/CY18 expectations

RNC’s Aussie bonanza grade gold discovery has cleaned up its balance sheet, eliminating $30M debt, but doubling production hasn’t stopping its YTD18 loss also doubling


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