Archives: Mineral project development

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[…]

Perenti Limited says its Barminco business has been awarded a new development contract with Spartan Resources Ltd and extensions to four existing projects. The scope of the Spartan Resources contract includes the construction of an underground exploration drill drive at the Dalgaranga gold project in the Murchison region of Western Australia. The drive has been[…]

Navoi Mining and Metallurgical Combine (NMMC), the world’s fourth-largest gold producer and Central Asia’s largest gold miner, has set an ambitious goal to implement 11 projects with a total value of $1 billion in 2024 under its ongoing Investment Program. The program, designed to boost gold production, highlights NMMC’s commitment to growth and innovation in[…]

Vale Base Metals has celebrated the signing of an agreement to begin the Stobie Open Pit Mining Project, located in the city of Greater Sudbury, Ontario, Canada. The agreement will see the mining services company Thiess, work closely with the United Steelworkers (L6500 and L2020), as well as local Indigenous businesses, Z’gamok Construction LP (ZCLP)[…]

Centamin PLC has announced early completion of its waste stripping programme at the Sukari gold mine in Egypt. Since production began in 2009 Sukari has produced over 5.7 Moz of gold, and today has a projected mine life to 2035. The operation has completed the 120 Mt volume component ahead of the fixed four year[…]

Serabi Gold is planning for the start-up a second sensor-based sorting solution from COMEX as it looks to commence operations at its Coringa project, in Brazil. The company confirmed in its June quarter results that construction of the classification plant was well underway at Coringa, with the crusher expected to be operational in August and[…]

All conditions have now been satisfied for Rio Tinto’s investment to develop the Simandou high-grade iron ore deposit in Guinea, including the completion of necessary Guinean and Chinese regulatory approvals. The transaction is expected to complete during this week. Along with the recent approval by the Board of Simfer, this allows Simfer to invest in[…]

Murray & Roberts Holdings has announced that Cementation Americas has been awarded a mine construction project with a major mining house in Latin America. The multi-year underground mine development and construction contract is valued at approximately $200 million, with the award reinforcing Cementation Americas’ strong capability to deliver on large underground mine construction projects for[…]

Ngarluma Aboriginal Corporation (NAC) and Rio Tinto have agreed to pursue the development of an 80 MW solar farm on Ngarluma Country, near Karratha, to supply renewable energy to the company’s iron ore operations in Western Australia’s Pilbara region. The solar farm is the first proposed project the Ngarluma people and Rio Tinto will pursue[…]