Another record breaking publication with 80 pages of news from projects around the world. Besides the huge number of precious and base metal projects, there are news items on 19 iron ore projects, 13 coal projects, five rare earth projects and three each in lithium and tungsten. Niobec – what a great mine! Extorre Gold Mines reports the economic study of the Cerro Moro project currently underway will include a larger production scenario to reflect the expanding gold-silver inventory on the property. The release date for the study is mid-July. BHP Billiton has completed the budget and schedule review for the Worsley Efficiency and Growth project and Collahausi is expanding.Petropavlovsk announced an operational update and gave further details on the pressure oxidation processing facility (POX hub) at the Pokrovskiy mine. FMC Wyoming has engaged CH2MHill for the process design and detailed engineering package of a second phase of capacity addition at FMC’s Granger, Wyoming, soda ash facility. Beacon Hill Resources has begun the first production of export grade coal at the Minas Moatize coal mine in Tete, Mozambique. Hancock Coal has week extracted the first ever coal from the Galilee Basin of Queensland, Australia.
Gindalbie Metals has completed a comprehensive review of the construction cost estimate and development timetable for the Karara Iron Ore Project in Western Australia.
Moly Mines has signed various project debt agreements with China Development Bank Corp totalling $494 million for the construction of the Spinifex Ridge molybdenum/copper mine.
Northgate Minerals provided an update on the progress of building its 100% owned Young-Davidson gold mine.
BHP Billiton has approved $488 million of further investment to support development of the Jansen potash project in Saskatchewan, Canada.
RUSAL has launched a project for the extraction of low iron bauxite in the Republic of Komi by Timan Bauxite.
Ormonde Mining reported further on-going results from its infill drilling program and update on the permitting process at its flagship tungsten project at Barruecopardo, Spain.
Detour Gold reported on the construction progress and 2011 exploration program at its flagship Detour Lake gold project in northeast Ontario.
Greenland Minerals and Energy provided a technical update on the Kvanefjeld multi‐element project (rare earth elements, uranium, zinc).
Bellzone Mining reported that the Forécariah JV project with China International Fund (CIF) in the Republic of Guinea is on schedule to commence production of iron ore in Q1 of 2012.
Jupiter Mines has commenced a feasibility study on its A$1.6 billion Mount Ida Magnetite Project in the Central Yilgarn region of Western Australia.
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