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The progressive resumption of several of its Brazilian iron ore operations that had been halted due to safety fears following the 2019 Brumadinho disaster has helped Vale reach 327Mtpa production capacity in the March qtr (Q1FY2021).
With further initiatives under way at its Northern, Southeastern and Southern systems, Vale is targeting a return to 400Mtpa by the end of 2022.
Q1 iron ore fines production was 68.04Mt, down from 84.51Mt in the...
The strong recovery in global diamond markets have helped African producer Petra Diamonds deliver gross revenue of $US106M for the March qtr (Q3FY21), up from $91.3M in the corresponding period.
The result was achieved on total diamond production of 704,498ct (Q3FY20: 932,456ct), with the Cullinan mine in South Africa lifting its contribution by 9% to 436,703ct. Waste control measures and high rainfall reduced output at the Finsch mine...
Diamond producer BlueRock has lowered its FY2021 guidance to 30,000-39,000ct after adverse weather conditions reduced March qtr (Q1) production from its Kareevlei mine in South Africa’s Kimberley region to 3,507ct, down from 15,371ct in the prior period.
Grade improved to 4.08cpht (Q4FY2020: 3.8cpht). Sales were also down to 4,004ct (16,290ct) although the significant market recovery saw average prices improve to $US446/ct ($295/ct)....
Top Australian pure play coal producer Yancoal has pinned its hopes of reaching its FY2021 production guidance on a recovery over the next 9 months after rain and floods particularly at its Hunter Valley mines in NSW slashed March qtr (Q1) ROM coal production by 17% to 14.3Mt, from 17.3Mt in the previous period.
Attributable saleable coal production was 8.7Mt (Q4FY2020: 9.1Mt). Production sales also declined to 8.6Mt (9.4Mt), comprising...
Russian gold major Petropavlovsk has seen total gold production from its operations throughout the country fall to 95,600oz in the Mar 2021 qtr (Q1 21) from Q4 20’s 113,500oz.
The only winner was Malomir up to 36,000oz from 29,400oz, with the others all down -- Pioneer to 24,000oz from 27,900oz, Albyn to 22,300oz from 28,200oz and 3rd-party concentrate (POX Hub) output plunging to 13,200oz from 28,00oz.
The company expects FY/CY 21 gold production...
Developer Hastings has strengthened the economic viability of its Yangibana rare earths project in Western Australia with the signing of an exclusive global marketing and distribution agreement with thyssenkrupp Materials Trading.
Under the agreement, Yangibana will supply 70,000t mixed rare earth carbonate over 10 years to TK, the western world’s largest mill-independent distributor and service provider. TK will take 9...
The Mar 2021 qtr (Q1 21) mining of Phase 4b and Phase 6b of Turquoise Hill Resources’ Oyu Tolgoi operation in Mongolia has moved deeper into the higher grade ore zone lifting copper production to 45,449t, up 9% on Q4 20, gold output 66% better to 145,656oz and silver to 255,000oz from 231,000oz.
The result was on the 51% subsidiary of Rio Tinto lifting mill throughput 2% to 9.81Mt and...
Scheduled plant shutdowns for relines of the SAG and Ball mills, and the upgrade of the pebble crushing circuit has seen Gold Road Resources’ 50%-owned Gruyere project gold production in Western Australia's NE Goldfields, fall to 66,213oz (100% basis) for the Mar 2021 qtr (Q3 21) from Q2 21’s 70,794oz at AISC up to of $A1,386oz attributable from $1,265oz.
Gruyere ore tonnes processed was unchanged at 2.1 Mt, as was the head grade of 1.12g/t, with gold...
Australia’s 2nd largest independent sulphide nickel miner, Western Areas’ 100%-owned Forrestania mine, 400km E of Perth in Western Australia, has had its best qtr year to date with Mar 2021 qtr (Q3 21) nickel mined jumping to 4,236t from Q2 21’s 3,518t as higher grade areas at Flying Fox were re-accessed and improved grades mined at Spotted Quoll.
Despite total ore mined easing to 117,613t from 124,459t, the grade rose to 3.6% from 2.8...