Mining Bulletins | Mining Business Media

Mining Bulletin

The full story: In-depth news and analysis

You are here

Mining Bulletins

The full story: In-depth news and analysis

Better than expected grades have lifted Hecla Mining’s Q2 18 silver/gold production, with lead/zinc easing, but giving it $245M in the bank

2-months Mt Polley strike and a ball mill failure at Red Chris have clobbered Imperial Metals Q2 18 with copper gold production both well down

Looking likely to lose its global No-1 gold spot, Barrick Gold has flagged a FY18 fall in copper production following problems at its Lumwana mine in Zambia

Australian iron ore junior reiterates its advice to shareholders to accept Hancock Prospecting's 3.9cps cash offer as higher costs and lower prices send its cash balance on a 45% decline.

New developments at Mandalay’s 2 mines are expected to see total AuEq prodn recovery over the next 2 qtrs from Q1 18’s decline

Resolute Mining has released a revised expansion plan that it says will confirm a long-life, low-cost and low-risk future for its Ravenswood gold mine in NE Queensland, Australia.

New study sees Liberty Gold’s $195M, low cost US Goldstrike project producing an initial 713,000oz over 7.5-years

Doray celebrates the success of near-mine exploration at its flagship Deflector mine in Western Australia that has lifted post-depletion resources by 34%.

Q2 18 Macassa/Fosterville gold production records set Kirkland Lakes for the big one – a record FY18 620,000oz+

Prophecy Devel is looking to spin-off a yet to be established vanadium streamer to fund its $116.8M initial capex Gibellini Vanadium Project which has PEA potential for 9.65Mlbs V2O5 over a 13.5-years LoM

Orezone Gold is expected to pour 1st gold from its $217M+ Burkina Faso project by Q4 2020, then 1.02Moz over a 13-year LoM

PEA backs $96M expansion to lift Bolivar output 67%, giving the project a $214M NPV8%, net cash flow of $330M and a 550% RoI

A near 30% reserves jump takes Atalaya Mining’s Proyecto Riotinto copper-silver project capex out to $179M and cash flow to $1.2B over 14-years.

Independence Gold says its Nova nickel-copper mine in Western Australia is now 'fully ramped-up' despite technical issues that cost it around 10% of production in the June quarter. John Feary reports

Better times ahead as diamond production from a 2nd pipe kicks off after 5-weeks downtime cuts Q2 18 sales in half.

With the major indicators from St Barbara’s 2 gold operations up, the bottom line is looking good on production breaking 400,000oz for the 1st time. By Mark Mentiplay

AngloGold Ashanti sees its 21-year-old Sunrise Dam becoming a cornerstone asset with completion of a recovery enhancement project and the transition to a large high-grade ore source sustaining increased production and lower costs.

Recent upgrade initiatives have seen record production/sales from Vast Resources’ gold operations in Zimbabwe and Romania

Updated prefeasibility study outlines large-scale, low-cost development potential for Birimian's Goulamina lithium project in southern Mali.

West Australian mineral sands operation is now hitting its targets after 'challenging' commissioning process for capacity expansions.

Updated DFS points to increased production over a longer mine life at significantly lower operating costs for Resolute Mining's flagship Syama underground development in Mali.

Allegiance Coal is targeting 17Mt of saleable metallurgical coal from its 22-year LoM Tenas coal project in Canada, generating revenue of $100M pa for an EBITDA margin of $58.2m pa. By Mark Mentiplay

Independence Group builds its Fraser Range landholdings around the Nova nickel-copper mine to 15,800sqkm under a new JV deal with renowned West Australian prospector-entrepreneur Mark Creasy.

A series of mine deaths, a seismic event and power disruptions have cut Sibanye-Stillwater’s FY/CY18 South African gold expectations 6%

The Australian Takeovers Panel has knocked back an FMG to stop Hancock Prospecting’s $390M bid for iron ore junior Atlas Iron. By Mark Mentiplay

Despite missing FY18 lithium production expectations, Orocobre has come up with record output from its Olaroz proj in Argentina

Atlas Iron board backs $390M Hancock Prospecting bid for the junior WA iron producer and warns shareholders to take no action until they see independent bid report

New Zealand-based Bathurst Resources sees the opportunity to complement its offering to Asian customers through a $121M earn-in agreement over the significant Crown Mountain development project in Canada.

Sierra Metals’ $238M expansion of its Yauricocha polymetallic mine in Peru gets PEA NPV8 of $393M, 486% IRR and LoM net after-tax cash flow of $532M

Australian-based Birimian has lifted overall indicated and inferred resources at its Goulamina lithium project in Mali to over 100Mt contained Li2O after drilling identified a potential second development zone.

Pages

Mining Billboard

Insights and analysis from leading industry commentators