Archives: Mineral project development

PT Vale Indonesia Tbk has again agreed to collaborate with Zhejiang Huayou Cobalt Co (Huayou) to develop a nickel smelter with High Pressure Acid Leaching (HPAL) technology in Sorowako. The two parties’ cooperation has started early this year and Huayou conducted the feasibility study. The feasibility study has been concluded with a positive outcome. With[…]

Tungsten West PLC, the mining company focussed on restarting production at the Hemerdon tungsten and tin mine in Devon in the UK has provided a comprehensive update on progress with financing and construction. As announced on July 19, 2022 the company committed to detailed engineering design and to commencing construction based on a new development[…]

Arctic Canadian Diamond Company and IHC Mining have reached the next important milestone in the development of the underwater remote mining (URM) system for the extraction of diamond-bearing kimberlite ore from deep open pits at the Ekati Diamond Mine in the Northwest Territories of Canada. Arctic Canadian has now awarded IHC Mining with a contract[…]

Rio Tinto and China Baowu Steel Group Co. Ltd have agreed to enter into a joint venture with respect to the Western Range iron ore project in the Pilbara, Western Australia, investing $2 billion to develop the mine. Western Range’s annual production capacity of 25 Mt of iron ore will help sustain production of the[…]

Ivanhoe Mines President, Marna Cloete, has announced that Kipushi Corporation SA (KICO), a joint venture between Ivanhoe and DRC state-owned mining company Gécamines, have broken ground on construction of the processing plant at the historic Kipushi zinc-copper-germanium-silver mine in the country. In addition, Ivanhoe has signed a memorandum of understanding (MOU) with the provincial government[…]

CIMIC Group’s mineral processing company, Sedgman, has been awarded an engineering, procurement and construction (EPC) contract to deliver services for Artemis Gold at the Blackwater gold project in British Columbia, Canada. The EPC contract, which supersedes the temporary interim service agreement announced on May 2, 2022, will generate revenue for Sedgman of C$318 million ($245[…]

Adventus Mining Corporation and Salazar Resources Limited have signed a Letter of Intent (LOI) for the award of a mining and construction contract to a joint venture between STRACON S.A., an established Peruvian mining contractor with operations throughout Latin America, and RIPCONCIV, a large and respected Ecuadorian infrastructure construction contractor, related to development of the[…]

The development of the integrated Zinnwald lithium project in Germany could see the incorporation of a battery-electric fleet of LHDs and the return of metal production to a region of saxony with mining history dating back to the Middle Ages. The London-listed owner of the project, Zinnwald Lithium Plc, has just released a preliminary economic[…]

TNG Limited, an Australia-based resources company, has awarded Metso Outotec a study looking at reducing Mount Peake Ti-V magnetite concentrate using Circored™ technology, which uses hydrogen as its only reductant source. As part of the study, Metso Outotec will perform a techno-economic assessment to integrate Circored technology into TNG’s TIVAN® process that provides for the[…]

Zenith Energy and Liontown Resources have partnered on what they say is Australia’s largest off-grid renewable energy hybrid power station project. The letter of award between the two companies covers a potential contract to build, own, and operate the hybrid power station in Australia at Liontown’s Kathleen Valley Project in Western Australia. The award will[…]