While the doom mongers report all the bad news about the industry, there is no shortage of promising project news out there. The first issue of International Mining Project News for 2016 was a bumper newsletter of over 70 pages and the second issue is not far behind that. This is a good time to take out a subscription if you have not got one already – find the projects where you can sell equipment and services, before your competitors do! Or just keep up to date with your peers. Just add up the total number of projects covered in the past four weeks to see the value of this in building up your knowledge of projects around the world.
The latest issue details the news from the past two weeks about more than 15 prefeasibility studies (24 last issue), about 20 feasibility studies (14 last issue), some 22 projects going into the development stage (more than 30 last issue), six operations going into production (nine last issue), more than a dozen operations that are now expanding (10 last issue), about 16 mergers and acquisitions (12 last issue) and many people who are moving jobs within the industry. Contact [email protected] for subscription details.
The projects covered are in Argentina (1 lithium, 2 silver, 1 lead); Australia (5 gold, 1 copper, 1 lead, 1 graphite, 1 zinc, 1 silver, 1 uranium, 2 lithium, 2 tantalum, 1 potash, 1 iron ore, 1 coal, 1 nickel); Azerbaijan (1 copper, 1 gold, 1 silver); Brazil (2 gold, 1 tin); Canada (10 gold, 7 copper, 2 diamonds, 3 silver, 1 cobalt, 1 bismuth, 1 molybdenum, 1 potash); China (1 gold); DRC (1 gold); Ethiopia (1 gold) Finland (1 chrome, 1 iron ore, 1 graphite); Ghana (3 gold); Greece (3 gold) Guinea Bissau (1 phosphate); Guyana (1 gold); Indonesia (1 gold); Macedonia (1 gold, 1 copper); Mali (1 gold); Mexico (1 gold, 1 copper, 3 silver, 1 lead, 1 zinc); Mongolia (1 copper, 1 gold); Morocco (1 silver); Papua New Guinea (1 gold, 1 copper, 1 zinc); Peru (2 copper, 1 lead, 1 silver, 1 tin, 1 phosphate); Philippines (3 gold, 2 copper, 2 silver); Russia (1 aluminium); Saudi Arabia (1 gold); South Africa (2 coal, 2 PGM, 1 diamonds); Spain (1 copper); Sweden (1 rare earths, 1 nickel); Suriname (1 gold); Tanzania (2 graphite, 1 coal, 1 gold); Turkey (2 gold); the USA (5 gold, 2 copper, 1 graphite, 1 lead, 2 zinc, 4 silver, 1 molybdenum, 1 uranium, 1 vanadium, 1 rhenium, 1 rare earths, 1 coal); Zimbabwe (1 tungsten).
Among the major projects in the news are AuRico’s Kemess underground block cave in Canada. Euromax Resources has the results of the feasibility study for its 100% owned Ilovica gold-copper porphyry project in Macedonia. Kibo Mining is busy finalising a Memorandum of Understanding (MOU) with Tanzania Electric Supply Co on a Power Purchase Agreement for the Mbeya Coal to Power Project. The Western Australian Department of Mines and Petroleum (DMP) has assigned the Bennet Well uranium project as a Lead Agency Project under the WA Lead Agency Framework. American CuMo Mining Corp announces “excellent positive results from utilising ore-sorting technology on samples from its CuMo deposit located in Idaho.
Abacus Mining & Exploration Corp announces the results of an updated feasibility study for the Ajax copper-gold-silver deposit located south of the City of Kamloops, B.C. Ghana focused gold explorer and developer Azumah Resources advises that high-grade interim results obtained from a recently completed first-pass, 11-hole, 865 m reverse circulation (RC) drilling program at the Manwe prospect represent another near-surface mineralisation discovery at the Wa gold project in the Upper West region.
St. Augustine Gold and Copper announced that the Mines and Geosciences Bureau (MGB) of the Philippine Government has approved the Declaration of Mining Project Feasibility (DMPF) for the King-king copper-gold project located in Mindanao, Republic of the Philippines. Eldorado Gold Corp will implement significant changes to its investment plans in Greece going forward. Orinoco Gold is firmly on track to join the ranks of international gold producers later this quarter with all aspects of mine development and construction at its Cascavel mine advancing on schedule.
Premier Gold Mines provides an update of ongoing activities at several of its project sites. For Premier, 2015 was a transformational year with several project transactions, exceptional drilling success, and mine development at South Arturo in Nevada. New partnerships at Trans-Canada (Centerra) and South Arturo (Barrick) reaffirm the focus on near-term production. Aggressive drill programs at Hasaga, McCoy-Cove and Rahill-Bonanza have resulted in multiple new discoveries and demonstrate the potential for future resource growth.
GB Minerals has successfully completed phosphoric acid and diammonium phosphate test work based on materials generated during the beneficiation pilot plant test work from its Farim phosphate project located in Guinea-Bissau.
KEFI Minerals, the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, reports progress on the development and financing plan for the Tulu Kapi gold project as refined since the 2015 DFS published in August 2015.
DRA Global’s South African company DRA Projects SA has been awarded the optimisation study and front end engineering and design (FEED) package for the Coal of Africa Ltd (CoAL) Makhado coal project.
Emerging Australian graphite and battery market supplier, Kibaran Resources provides an update on current senior debt financing negotiations with two major finance houses aimed at establishing its initial $77 million Epanko start-up graphite mining and processing operation in Tanzania. Kibaran provided the picture for this news item.
And much more…..