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Leagold Mining has lifted gold reserves at the Los Filos open pit in Mexico 122% to 780,000oz -- 647,000oz proven/133,000oz probable -- within 40.5Mt grading 0.60g/t.
After accounting for mining depletion of 99,000oz from Jan 1-Oct 31, 2018, the total addition to the Los Filos open pit reserves is 528,000oz. The upgrade comes as Leagold is nearing completion of its site-wide Los Filos mine expansion studies on options for the...
A 1st up 1Moz inferred resource at the Kari Pump deposit, 7km from Endeavour Mining’s recently started flagship Houndé Gold Mine processing plant in Burkina Faso, has lifted Hounde project resources 40% to 3.44Moz within 48.7Mt at 2.2g/t, plus a 7% rise in inferred resource to 3.5Mt at 2.61g/t for 295,000oz.
Kari Pump has indicated resources of 11.3Mt at 2.71g/t Au for 987,000z and an inferred 200,000t at 2.21g/t Au for 20,000oz over an...
Higher mill throughput averaging a design-exceeding 6,300tpd, better milled grades and access to higher grade areas has seen Atlantic Gold lift Sept 2018 qtr (Q3 18) gold production at its Moose River Consolidated Gold Mine in Nova Scotia, Canada, to 27,570oz from Q2 18’s 22,269oz.
Following commercial production in Mar 2018, Q3 18 sales have risen to 27,026oz from 22,728oz, with cash costs down to $C541oz from $569oz and AISC to $695oz...
Australian independent producer Stanmore Coal is giving itself more latitude to scale production up or down at its Isaac Plains East mine in Queensland’s Bowen Basin with the award of a mining services contract extension worth about $A500M to Golding Contractors.
The new contract takes effect in July 2019 and will keep it on-site until June 2024, although Stanmore may terminate it after three years.
Golding began opencut mining...
Australian east coast-focused contractor Golding is delivering again for owner NRW Holdings, winning a 5-year mining services contract extension at Stanmore Coal’s Isaac Plains East mine.
Golding, which was acquired by NRW in Sept 2017, has been active at Stanmore’s Isaac Plains complex in Qld since 2015 and gained the initial 12-month contract when Isaac Plains East begin operations in July 2018.
The extension to...
West Australian company FYI Resources has begun the BFS for its wholly owned Cadoux kaolin project 220km NE of Perth, keeping it on track for a construction start in the Dec 2019 qtr.
The new study follows the PFS 2 months ago that found a strong economic case for a $US179M development delivering 8,000tpa of >99.99% pure high purity alumina over 25 years.
GR Engineering will continue its close links with Cadoux...
A revised collaboration agreement with Spanish construction giant Acciona Infraestructuras takes Highfield Resources closer to a construction contract for its planned 1Mtpa Muga potash project in Spain.
Highfield CEO Peter Albert says new agreement, replacing an existing deal from Dec 2015, names Acciona as construction labour and materials partner with an increased role in project planning to reduce delivery risk....
Chilean mining giant Antofagasta has approved the $US1.3B expansion of its 60%-owned Los Pelambres copper mine in the Coquimbo region designed to increase production by nearly 20%.
The project will include construction of a desalination plant and water pipeline that will protect the mine from prolonged or severe drought as well as supporting the production growth.
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Chilean copper major Antofagasta has given the go-ahead for the $US1.3B expansion that will add an average of 60,000tpa to annual production by its Los Pelambres mine in Chile’s Coquimbo region.
Construction work is due to begin in early 2019, with first production scheduled for the second half of 2021.
The mine 240km NE of Santiago has been operating since 2000 and is expected to produce 345,000-355,000t payable copper...