News

Kevitsa changes owners, Sirius DFS released, big changes at Rio and Barrick, and much more

Posted on 18 Mar 2016

In the latest issue (over 50 pages) of International Mining Project News, as the last issue, there is a lot of ‘hot’ lithium news, gold and potash too. There is detailed information in the issue on all these projects and those mentioned below and many more projects covered in the full subscribers’ issue. There are important contact details for all projects.  Contact [email protected]

Boliden has entered into an agreement with First Quantum (FQM) to acquire the Kevitsa nickel-copper-gold-PGM mine in northern Finland. Meanwhile Duran Ventures has entered into an option agreement on its Panteria copper-gold project in southern Peru with Minera Antares Peru – a wholly owned subsidiary of FQM.

There are major changes to Rio Tinto and Barrick Gold senior executives, Sirius Minerals has announced the material findings from the DFS for its North Yorkshire polyhalite project and Pretium Resources reports a sixth set of results from the underground infill drill program at the Brucejack project’s Valley of the Kings.

KEFI Minerals reports the positive results of the PEA by KEFI of the underground mining potential at the Tulu Kapi gold project, underneath the planned open pit in Ethiopia.

The three Seafloor Production Tools (SPTs) have arrived safely at Duqm Port in Oman for the Solwara 1 Joint Venture (comprising Nautilus Minerals 85% and Eda Kopa (Solwara) Ltd 15%, a subsidiary of Petromin Holdings PNG).

Other news includes growth potential for tin energy applications. There is news from FinnAust Mining (titanium), European Metals Holdings (lithium/tin), Sika Resources (gold/diamonds), SolGold’s Cascabel copper-gold porphyry, Houston Lake Mining’s PAK lithium project, Ariana Resources’ Kizilcukur gold/silver project, Royal Nickel Corp (RNC) reports the Beta Hunt mine PEA, Falco Resources’ Horne 5 gold project,  Goldphyre Resources’ Lake Wells potash project, Centrex Metals has defined a new major potassium resource at its Oxley project,  Prairie Mining’ Lublin coal project, Balmoral Resources’ Grasset nickel-copper-cobalt-PGM deposit. New Age Exploration’s tin and tungsten, Pilbara Minerals’ Pilgangoora lithium project,  Denison Mines Corp’s Wheeler River uranium property,  Talisman Mining’s Springfield copper-gold joint venture with Sandfire Resources, Corvus Gold’s North Bullfrog copper/gold project, Dacian Gold’s Mt Morgans,  Keliber’s lithium project in Finland,  Energia Minerals’ Gorno zinc project in northern Italy, Ivanhoe Mines’ Kipushi zinc-copper-germanium-lead-silver mine, Rox Resources’ Mt Fisher gold project,  Gold Standard Ventures’ Pinion gold deposit, Athena Silver Corp’s Langtry silver project, Peak Resources’ Ngualla rare earth project,  Hastings Technology Metals’ Yangibana rare earths and Kennady Diamonds.

Feasibility stage news comes from Formation Metals’ Idaho Cobalt Project (ICP),  Xtract Resources’ Manica gold project, Ucore Rare Metals, I-Minerals’ Bovill kaolin project, Euromax Resources’ gold-copper porphyry project in Macedonia, Rye Patch Gold Corp, Lithium Australia and study results cement Mincor’s option on a recovering nickel price as it launches strategy to exploit the gold potential of its Kambalda holdings.

Prospects for the development of a new magnetite mine near Broken Hill have been significantly boosted and Kibo Mining has published an interactive process description and timeline for the Mbeya Coal to Power Project (MCPP).

More feasibility news comes from Novo Resources Corp’s Beatons Creek gold project, Taranis Resources’ Thor deposit, True North Gems’ Aappaluttoq ruby mine,  Amur Minerals’ Kun-Manie nickel sulphide project,  AuRico Metals’ Kemess underground project,  African Energy Resources’ Mmamabula West coal project, Almonty Industries’ tungsten projects,  Blackham Resources’ Matilda gold project, Malachite Resources’ Lorena gold project, Energy Fuels Inc’s uranium projects,  La Parrilla tungsten project in Spain,  Sierra Rutile’s Gangama Dry mine,  Roxgold’s Yaramoko gold project, Altech Chemicals High Purity Alumina (HPA) project, Noricum Gold, Vimy Resources uranium at Mulga Rock,  Nemaska Lithium,  and Keras Resources’s gold.

Mountain Province Diamonds announces that development of the Gahcho Kué diamond mine is progressing according to plan.  And there is progress from Karnalyte Resources potash mine at Wynyard, Berkeley Energia’s Salamanca uranium project, Orinoco Gold’s Cascavel gold mine in central Brazil and Lydian International’s Amulsar gold project,

Goldsource Mines has completed its first gold pour at its Eagle Mountain gold mine.  TiZir’s Titanium & Iron ilmenite (TTI) upgrading facility in Tyssedal, Norway has commenced shipments of chloride titanium slag. Crater Gold Mining’s upgraded gold mining plant has now been transported to the HGZ gold mine project site.

Northern Star Resources continues to make strong progress in its strategy to become a 700,000 oz/y gold producer at the Kanowna Belle project.  

Endeavour Mining has entered into a definitive arrangement agreement with True Gold Mining. True Gold has a 90% interest in the Karma gold mine in Burkina Faso.

IMX Resources advises that its plans to spin-out one of the world’s best undeveloped graphite projects into a standalone listed vehicle remains on schedule to complete in May.

Competition authorities have approve Sibanye’s acquisition of the Rustenburg Operations – the Bathopele, Siphumelele (including Khomanani), and Thembelani (including Khuseleka) mining operations, two concentrating plants, an onsite chrome recovery plant, the Western Limb Tailings Retreatment Plant, associated surface infrastructure and related assets and liabilities on a going concern basis including normalised levels of working capital from Rustenburg Platinum Mines Ltd. Also, Aquarius Platinum’s shareholders have approved the Amalgamation and Amalgamation Agreement, whereby Sibanye will acquire all of the shares in Aquarius.