Mining Bulletins
The full story: In-depth news and analysis
Triton Minerals has declared force majeure on site work at its Ancuabe flake graphite project in Mozambique following a mid-June raid by insurgents in which two of its security staff were fatally injured.
Australian miner Aeris Resources has made a significant step towards becoming a mid-tier base and precious metals producer after completing the $A234M acquisition of the Round Oak Minerals assets of investor WH Soul Pattinson.
New Talisman shareholders have backed a $3.5M capital raise and recovery plan to advance its long-delayed plans to reopen its historic gold mine in New Zealand’s Coromandel Peninsula.
Ross Louthean reports
Australian lithium producer Pilbara Minerals gives the final investment decision for the near-$A300M expansion of its Pilgangoora operation as it positions itself to become a global player in the world’s pursuit of a sustainable energy future.
A third foundation offtake agreement and $A300M debt facility deal with Ford have cleared the way for Liontown Resources to reach a final investment decision on the planned $473M development of its Kathleen Valley lithium mining and processing project in Western Australia. John Feary reports
The story of the Mt Cannindah copper and gold project in Queensland, Australia has been described in an academic paper as one of “perpetual promise and repeated disappointment”, but the latest of its many explorers is finding more to be positive about. Ross Louthean reports
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.
Pages
