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A provincial govt in S Philippines has reversed its 12-year-old policy banning open-pit mining, removing the final regulatory hurdle for the stalled Tampakan copper-gold project, according to the industry regulator, Reuters reports.
The Tampakan project in S Cotabato province is the Southeast Asian country's biggest stalled mining project, with development cost previously estimated at $US5.9B before it was hampered by the provincial ban imposed...
Australian miner New Century is now aiming for first production in H2 CY2023 after its optimisation study presented highly attractive economics and improved production profile for restarting in-situ operations at its Century zinc mine at Lawn Hill, N Qld.
The study assesses mining the Silver King and East Fault block alongside NCZ’s hydraulic mining of tailings at the former world-class mine.
It calculates $A78.1M capex for a...
Australian miner Laneway Resources has cleared the path towards ore processing at its 100%-owned Agate Creek project in N Qld after gaining state environmental approval to operate its Georgetown gold process plant.
With site works, electrical and mechanical refurbishment advancing well, Laneway expects to begin processing Agate Creek’s high-grade oxide ore by end-July.
It also plans to begin the next phase of ore blasting and...
Construction of a $A50M demonstration plant for Australian processor LMG’s innovative process to extract magnesium from fly ash is on track for the March 2023 qtr after finalising its $23M project loan from specialist early stage debt funding specialist RnD.
The plant now under construction at Hazelwood North in Victoria will process waste fly ash from brown coal power generation to deliver 1,000tpa magnesium.
Once...
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South Australian copper miner OZ Minerals has moved to strengthen its organic growth pipeline by taking an option to acquire the PFS-stage Kalkaroo project comprising an existing resource of 245Mt @ 0.45% copper and 0.39g/t gold and a large exploration tenement holding in SA’s Curnamona province.
OZ says the proposed $A205M acquisition of the project from Havilah Resources offers the potential for a...
Calidus Resources has embarked on its ramp-up towards full operations at milling rates of up to 2.4Mtpa after completing the commissioning of the full processing circuit at its 100%-owned Warrawoona gold project in Western Australia.
MD Dave Reeves says the initial 33kg gold pour from the CIL circuit marks the completion of commissioning on time and budget of the full processing circuit at the Pilbara region mine.
Calidus is...
Internal and external investigations have begun at Chaarat Gold’s Kapan gold mine in Armenia following the death of an employee of contractor S&A Mining due to a rock fall on May 14.
The underground mining area in the stope where the incident occurred remains closed to facilitate the investigation by Chaarat, the contracting company and local authorities.
Mining operations continue in all other working areas and the company...
Rambler Metals & Mining president-CEO Dr Tony Bradbury has reported substantial progress in the year to Dec 2021 in the Canadian-focused diversified copper and gold producer’s planned turnaround, posting an increase in revenue to $US28.2M from $24.3M in the previous year.
The company’s net loss after tax widened to $14M (FY2021: $1.8M) and EBITDA to a negative $8.5M ($3.6M).
Bradbury says the investment of $23....
African-focused diversified metal recovery business Jubilee posted March qtr (Q1FY2022) production of 8,018oz platinum group metals, a 75% increase on the previous two periods, following the £39.5M expansion and optimisation program at its 100%-owned Inyoni operations in South Africa.
Jubilee expects the program will enable it to lift Inyoni production to 44,000ozpa PGM, from its own previous 30,000ozpa design capacity.