Archives: Mineral project development

Aya Gold & Silver Inc recently provided an update on construction progress at its Zgounder Silver Mine in the Kingdom of Morocco. The expansion project was 98% complete as at August 30, fully funded, and on budget. However, engineering, procurement, and construction partner, Duro Felguera (DF), encountered issues during commissioning of the hydraulic unit of[…]

Atlas Salt Inc has announced the signing of a comprehensive non-binding Memorandum of Understanding (MOU) with Sandvik Mining and Rock Solutions. This strategic partnership establishes Sandvik as the preferred underground mobile mining equipment supplier and Integrated Project Delivery (IPD) Partner for the Great Atlantic Salt Project. Great Atlantic is described by Atlas Salt as a[…]

BHP has awarded Sandvik Mining and Rock Solutions a major contract for three additional underground continuous mining systems for its Jansen Potash Stage 2 project in Saskatchewan, Canada. The contract follows several years of close collaboration and the ongoing execution of the Jansen Potash Stage 1 project, for which BHP awarded Sandvik a contract to[…]

On August 12, Chinese mining equipment major XCMG and mining giant Rio Tinto signed a global cooperation framework agreement in Conakry, the capital of Guinea. At the same time, XCMG and SimFer Company, a joint venture between Rio Tinto and Chinalco Group, signed a statement of work for the Simandou mining project. This marks a[…]

Metso has signed a comprehensive frame agreement with Barrick Gold Corp’s Reko Diq Mining for key process equipment deliveries to the company’s greenfield copper-gold project in the province of Balochistan in Pakistan. Reko Diq is one of the largest undeveloped copper-gold deposits in the world. The gross value of the various Metso equipment packages under[…]

Cokal Limited’s 60% owned subsidiary, PT Bumi Barito Mineral (BBM), has signed a binding agreement with PT Cipta Bersama Indonesia (CBI) to develop an underground mining operation at Pit 1 of the BBM Metallurgical coal mine, to produce a pulverised coal injection (PCI) product. This strategic agreement represents a significant windfall for Cokal, as there[…]

Cosmic rays and hyperspectral imaging are central features in two mining technology projects backed by the Advanced Manufacturing Growth Centre, with major implications for safety and access to strategically important materials, the centre says. mDetect is a Swinburne University (Melbourne, Australia) spinout specialising in astrophysics research into muons, a type of subatomic particle that results[…]

Ausenco recently announced on July 29 that it has been selected to carry out the Pre-Feasibility Engineering B for the infrastructure of the underground phase of Anglo American’s Los Bronces Integrado project. This project is focused on the underground mining of the high-grade Los Sulfatos deposit, one of the largest copper resource deposits in the[…]

IAMGOLD Corporation recently announced on August 2 that the Côté Gold Mine has reached commercial production. Côté Gold is located in Ontario, Canada and is operated as a joint venture between IAMGOLD, as the operator, and Sumitomo Metal Mining Co., Ltd. Commercial production is defined as the achievement of reaching a minimum of 30 consecutive[…]

Agnico Eagle is investing $200 million over the next three years to “further study and de-risk” its Upper Beaver project in Ontario, Canada, with plans to establish both an exploration decline and exploration shaft. An internal evaluation of the Upper Beaver project was completed in June 2024. Based on this evaluation, the company believes Upper[…]