Take a free trial or Subscribe now

Advanced Search

Mining Bulletin

The full story: In-depth news and analysis

NEW BARRICK GOLD BID LIFTS ACACIA VALUE TO $1.2B+

Barrick Gold has lifted its all-share bid for 64%-owned spin out Acacia Mining to end project threatening $300M tax dispute with Tanzanian govt

ALROSA Q2 19 DIAMOND PRODN UP, SALES DOWN

The seasonality of ALROSA’s diamond production has seen Q2 19 sales tumble 22%, with prodn up 24%

SUMITOMO AGREES 12-MONTH OFFTAKE DEAL FOR WESTERN AREAS’ PREMIUM NICKEL PRODUCT

Low-cost nickel miner Western Areas is locking in a valuable revenue stream for the premium-grade product of the mill recovery enhancement project at its Forrestania operations through an offtake agreement with Japanese miner/refiner Sumitomo Metal Mining. John Feary reports

STEADY Q2 19 SEES HECLA SILVER UP, GOLD DOWN

Hecla Mining is expecting more from H2 19 after silver up, gold down in a steady Q2 19

BIG NEW ECUADOR COPPER PROJ KICKS OFF

Chinese-owned Mirador copper-gold-silver mine in Ecuador begins production aiming for 94,000tpa copper conc

$1.9B BLOWOUT SHOCK FOR RIO TINTO DEVELOPMENT OF OYU TOLGOI UNDERGROUND

Previously unrecognised ground stability issues are forcing an urgent review of mine design that will further delay completion and increase costs by around 30% at the already long-delayed underground mine development at the Oyu Tolgoi mine in Mongolia.

EXPECTED LOW GRADES CLOBBER KENMARE’S Q2 19 OUTPUT

It was partially expected, but still tough with Q2 19 HMC, ilmenite and zircon production all well down

OZ MINS FLAGS 120,000oz pa GOLD OPERATION AT BRAZIL’S CENTROGOLD

Oz Mins is looking to create a mining/processing hub from its recently acquired CentroGold operation in Brazil also expected to produce an initial 120,000oz pa

FY 19 EVOLUTION GOLD PRODN DOWN, COSTS JUMP

A broad range of woes have seen Australia-focused gold miner Evolution’s FY19 costs jump $127oz on production down 48,000oz+ to 753,001oz.

DACIAN GOLD SEES GOLD PRODUCTION GROWTH IN NEW MT MORGANS MINE PLAN

After reducing its sights in FY19, Dacian Gold is predicting total production of 1.1Moz gold over eight years in a new mine plan for its Mt Morgans operations in Western Australia. John Feary reports

LEGEND ASSEMBLES $22M THRUST INTO BURGEONING FRASER RANGE

Legend Mining, independence Group and celebrated prospector Mark Creasy have formed a tripartite assault on Western Australia’s Fraser Range. By Mark Mentiplay

CENTAURUS MOVES TO BFS ON STRONG ECONOMICS JAMBREIRO PFS

Low cost $1B+ revenue over initial 18-years forecast in new PFS on Centaurus’ Brazilian iron ore project

OCEANAGOLD PREPARES FOR LOCAL GOVT BATTLE OVER DIDIPIO

Oceanagold has responded to a Philippines governors’ order to restrain company operations at its Didipio Gold-Copper Mine with an injunction to be heard July 10.

ORION BFS OUTLINES LONG LIFE, HIGH MARGINS FOR SOUTH AFRICA’S HISTORIC PRIESKA MINE

Orion Minerals’ bankable feasibility study confirms strong economics for a new long-life, high-margin copper and zinc operation in the footprint of South Africa’s historic Prieska mine.

MACMAHON TO TARGET MORE UNDERGROUND WORK AFTER GBF ACQUISITION

Australian mining contractor Macmahon is confident it can compete more strongly for work across the openpit and underground areas through its planned acquisition of specialist contractor GBF.

HAVILAH EYES ENHANCED OUTCOMES FOR KALKAROO COPPER-GOLD PROJECT IN NEW PFS

South Australian project developer Havilah Resources continues to explore upside scenarios for its flagship Kalkaroo project ahead of a prefeasibility study update.

RAMELIUS TURNS TO EDNA MAY PROCESSING OPTION FOR NEW TAMPIA GOLD PROJECT

WA miner Ramelius Resources sets out five-year plan to produce over 1Moz gold despite six-month delay in land clearance approval for its Greenfinch openpit development.

SARACEN SECURES LONG-SOUGHT BOOST FOR THUNDERBIRD WITH NEW BLIGH DEAL

Saracen’s comeback success in its quest for the Bundarra resource also delivers a significant return for international resources investor Zeta Resources. John Feary reports

ADANI MAKES FAST START TO $2.95B CARMICHAEL COAL MINE AFTER WINNING 8-YEAR BATTLE

The Australian arm of Indian energy giant Adani expects to start construction work almost immediately after finally winning the final state government approval for its 10Mtpa first stage Carmichael thermal coal mine.

NEWCREST AGREES MACMAHON DEMAND TO RENEGOTIATE ITS AT-RISK TELFER MINE CONTRACT

The mining services contract at Newcrest Mining’s Telfer gold mine that triggered a financial crisis for leading Australian contractor Macmahon two years ago has come back to bite it again, with warnings of significant impairment costs if the parties can’t agree to renegotiate the charges. John Feary reports
more

You are here

Home

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

Full text is available to Level 2 subscribers only

Subscribe to Mining Business Media

Full access to Mining Business Media's unique blend of global mining sector news and commentary is available by subscription only.

 

$A275.00 per year*

(*up to 10 users)

GST included in Australia

 

Direct debit/cheque/credit card:
Click here

 

 

Subscription inquiries, email subscribe@miningbusiness.net or call 61+413 772 044.

(Privacy Policy)

 

 


 

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

Mining Brokers

START THE WEEK: COMMODITIES (July 12, 2019)

    START THE WEEK: CALENDAR (July 14, 2019)

      START THE WEEK: COMMODITIES (July 5, 2019)

        START THE WEEK: CALENDAR (July 7, 2019)

          START THE WEEK: COMMODITIES (28 June 2019)

            more