Take a free trial or Subscribe now
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.
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.
Increased Q3 18 gold-copper production underpins top end FY 18 gold target of 5Moz and copper up to 410Mlbs
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
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
New mineralisation discovery prompts TerraCom to plan a doubling of capacity at its Mongolian coal mine.
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.
Record Q3 18 Aussie gold production steers Kirkland Gold to FY/CY18 635,000oz+
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
A 2nd PEA has added silver equiv production, cash flow and profitability to Golden Minerals’ low cost Santa Maria project in Mexico
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
Mutually-agreed Americas Silver take-over/merger of aspiring gold miner Pershing Gold to create new Americas precious metals/polymetallic company
A single, major Capricorn Metals shareholder has thwarted Regis Resources’ takeover bid for the gold developer. By Mark Mentiplay
A good operational Q4 that’s carried into 2019, has Firestone Diamonds nicely set for the near future
New study sees a new neighbouring $193M mine, utilising the producing Copper Mountain infrastructure, producing an initial 768Mlbs copper and 550,000oz gold
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 funding to expand WA lithium project and facilitate the merger of JV partners Tawana and Alliance
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, gold-silver prodn and consequent revenue lift Trans-Siberian’s bottom line to $2.55M.
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
(COMMENTARY) Despite the instant responses of the anti-coal activists, sector leaders say the Intergovernmental Panel on Climate Change report supports the use of carbon dioxide removal and carbon capture and storage to help meet global warming targets.
(ORE SORTING) New HRE producer Northern Minerals aims for higher production from the planned addition of ore sorting technology to its Browns Range project in Western Australia.
(DEVELOPMENT) Venturex Resources has completed a definitive feasibility study that supports its hopes for a long-life, high-margin development of its Sulphur Springs copper-zinc project in Western Australia.
(DEVELOPMENT) Artemis Resource upgrade raises restart hopes for the long-idle Whundo copper and zinc mine close to its new Radio Hill regional processing hub in the West Australian Pilbara.
(FINANCING) South African coal trader Osho stumps up more short-term capital as Ikwezi Mining prepares $A6M issue to bring its Kliprand colliery up to full production.
(FINANCING) Getting ready for take-off: Mozambique graphite project developer Battery Minerals brings together a special funding team to ensure its Montepuez project will be in time for the forecast market boost.
