Archives: Mineral project development

The board of Store Norske has decided to postpone the closure of Gruve 7 (Mine 7), which is Norway’s last coal mine on Svalbard. Originally, the mine was to close when the coal-fired power plant in Longyearbyen closes in autumn 2023. The reason was that the purpose of the operation is to supply coal to[…]

The Venetia Underground Project (VUP) is at the heart of diamond major De Beers’ future mining strategy in South Africa – it will extend production at Venetia to at least 2046, and will allow the company to fully access both the K01 and K02 kimberlites at depth. VUP is set to deliver between 4.5 and[…]

Poseidon Nickel says it has signed a binding heads of agreement with Green Gold Projects Pte Ltd (GGP) for the processing of the Windarra Gold Tailings Project in Western Australia. The agreement could see Green Gold deploy its patented technology at the project, which includes ReCYN, which, through the use of a resin-bead absorbent, can[…]

Italian company Bedeschi says it is progressing well with its project to help extend the existing heap leaching pad in Arlit, Niger on behalf of uranium mining company SOMAIR, a subsidiary of the ORANO group headquartered in France. Bedeschi is in charge of carrying out the engineering work and the mechanical and electrical supply of[…]

A stellar set of annual financial results has provided the ideal backdrop for South32 to update shareholders on its rapidly progressing Hermosa project in Arizona, USA. Released late last month, the company’s 2022 financial year results showed off record earnings of $2.6 billion, record free cash flow from operations of $2.6 billion and record return[…]

Thiess says it has been appointed mining services provider for the Iron Bridge Project in Western Australia. Under the initial three-year contract, Thiess will deliver mining and maintenance services and asset management services. Thiess Executive Chair & CEO Michael Wright said: “We are delighted to be joining forces with the Iron Bridge Project, a joint[…]

McEwen Copper’s Los Azules project in Argentina looks like becoming the latest potential leaching asset put under the Nuton® Technologies microscope after the signing of a collaboration agreement between McEwen Copper and Nuton. The agreement, tied to an oversubscribed $81.85 million offering of McEwen Copper shares, will see Nuton, a Rio Tinto Venture, test its[…]

ABB is installing its enterprise-grade digital platform ABB Ability™ Genix Industrial Analytics and AI Suite to enable Gold Fields’ Salares Norte project in Chile to drive efficient, sustainable and remote operations. The gold and silver mine is located in the Atacama Desert, among the highest peaks of the Andes mountain range with elevations of between[…]

A big milestone has been reached for the 30 Mt/y Onslow Iron project, led by Mineral Resources (MinRes), with a positive final investment decision taken by all joint venture partners. The project is located 150 km east of Onslow in the West Pilbara region of Western Australia and is owned through the unincorporated Red Hill[…]

In July 2022, Komatsu Middle East and Karachi-based engineering firm Jaffer Brothers completed the assembly of the first of a new fleet of Komatsu 91 t HD785-7 haulers, the largest mining trucks introduced to date in Pakistan. The trucks have been imported for Sindh Engro Coal Mining Company (SECMC)’s Thar Block 2 Coalfield Project as[…]