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THIESS WINS FIVE MORE YEARS WITH EXPANDED $1.2B BHP MT ARTHUR COAL CONTRACT

CIMIC Group mining services company Thiess has been awarded a five-year extension and expansion of its existing major contract worth $A1.2B at BHP’s Mt Arthur thermal coal mine in the Hunter Valley of NSW.

VENEZUELAN FIGHT OVER MINE NATIONALISATIONS ENDS IN $1.3B VICTORY FOR RUSORO MINING

Six years after its mining assets were expropriated by the Venezuelan government, Rusoro Mining has $US1.3B and agreement that could see it restarting two mines in partnership with the government.

BARRICK GOLD LIFTS Q3 18 GOLD-COPPER PRODN

Increased Q3 18 gold-copper production underpins top end FY 18 gold target of 5Moz and copper up to 410Mlbs

GOOD Q3 18 SEES ANGLO ASIAN SHOOTING FOR FY18 84,000oz AuEq

A 2nd crusher line has helped Anglo Asian lift Q3 18 production from all its gold-copper-silver commodities and now targeting a FY18 84,000oz AuEq

MCEWEN NEARLY DOUBLES YTD18 GOLD EQUIV PRODN

A 48% YTD18 gold equiv production jump has McEwen nicely on track for 171,000oz AuEq in FY/CY18, with the new Gold Bar project set for more from Q1 19

TERRACOM OUTLINES PLAN TO DOUBLE PRODUCTION FROM MONGOLIA’S BNU COAL MINE

New mineralisation discovery prompts TerraCom to plan a doubling of capacity at its Mongolian coal mine.

RESTART STUDY OUTLINES LOW COSTS FOR CANADA’S SUPERIOR LAKE ZINC-COPPER PROJECT

Superior Lake Resources will move immediately to a DFS after a restart study supported the potential for a low-cost, high-value development of the historic Pick Lake and Winston Lake projects in Ontario.

Q3 18 GOLD RECORDS SEE KIRKLAND CLOSING ON FY18 635,000oz+

Record Q3 18 Aussie gold production steers Kirkland Gold to FY/CY18 635,000oz+

NUSANTARA SEEKING PARTNER AFTER DFS GO FOR INDO PROJ

Nusantara Res is on the hunt for a joint development partner after DFS envisages profitable $191M open pit, leach, 100,000oz pa gold operation in Indonesia

NEW GOLDEN MINS PROJ PEA LIFTS PRODN/CASH FLOW/PROFIT

A 2nd PEA has added silver equiv production, cash flow and profitability to Golden Minerals’ low cost Santa Maria project in Mexico

COPPER MOUNTAIN SET FOR HIGHER NEAR FUTURE PRODN/PROFIT RUN

The last few days have seen a number of expansion, upgrade, production announcements that set a glittering near future for Copper Mountain Mining. By MBM’s North American correspondent

AMERICAS SILVER/PERSHING GOLD GET TOGETHER

Mutually-agreed Americas Silver take-over/merger of aspiring gold miner Pershing Gold to create new Americas precious metals/polymetallic company

REGIS DROPS CAPRICORN METALS TAKEOVER BID

A single, major Capricorn Metals shareholder has thwarted Regis Resources’ takeover bid for the gold developer. By Mark Mentiplay

1ST YEAR DIAMOND PRODUCTION CUTS FIRESTONE FY18 LOSS 91%

A good operational Q4 that’s carried into 2019, has Firestone Diamonds nicely set for the near future

PEA FLAGS SUBSTANTIAL NEW NEIGHBOURING COPPER MT OPERATION

New study sees a new neighbouring $193M mine, utilising the producing Copper Mountain infrastructure, producing an initial 768Mlbs copper and 550,000oz gold

H1 18 $25M PETROPAVLOVSK LOSS ON LESS GOLD, HIGHER COSTS

Lower gold production, partly due to a failure to bring underground mines to full capacity, has seen big Russian gold miner Petropavlovsk turn in an H1 18 $24.8M loss

$40M PACKAGE TO ADVANCE WA LITHIUM PROJ, COMPLETE MERGER

$40M funding to expand WA lithium project and facilitate the merger of JV partners Tawana and Alliance

TERANGA’S BURKINA FASO GOLD PROJ MUCH BETTER ON NEW RESULTS

New work lifts Teranga’s Burkina Faso gold reserves, with more expected, and extends LoM out to 13-years for more 1st- up prodn.

HIGHER GRADES, REVENUE LIFT TRANS-SIBERIAN H1 18 PROFIT

Higher grades, gold-silver prodn and consequent revenue lift Trans-Siberian’s bottom line to $2.55M.

DFS UNDERPINS 2020 PRODN FROM SAYONA’S $174M LITHIUM PROJ

Sayona Mining is looking to have its initial 18-year, 1.58Mt spodumene conc sales Authier Lithium Project in production in 2020 following a positive DFS
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MT WELD UPGRADE KEEPS 25-YEAR RESERVES CUSHION FOR RARE EARTHS LEADER LYNAS

By John Feary

A 60% increase in ore reserves at its Mt Weld rare earths mine in Western Australia keeps special materials company Lynas Corporation on target to retain its position as a leading non-Chinese supplier to the specialty materials market. John Feary reports

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Lynas Corporation Limited

Exchange Code: 
ASX:LYC, OTC:LSDY
Website: 
http://www.lynascorp.com

Kuantan, Malaysia-based company focused on rare earths mining at its Mt Weld project in Western Australia and processing at its Lynas Advanced Materials Plant near Kuantan in Malaysia

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