Archives: Mineral project development

Atalaya Mining reported its June quarter results today, noting that its continued balance sheet strength, which included net cash of €67.6 million ($69 million), continued to support its ongoing investment program. Included within this investment program is a project to recover high value copper and zinc metals from the complex sulphide concentrates sourced from Proyecto[…]

Horizonte Minerals has awarded the industrial civil works contract for the construction of its 100%-owned Araguaia nickel project, in Brazil, to Companhia Paranaense de Construção S.A. (Copa). Copa is a leading Brazilian construction company with extensive experience in mining projects and civil infrastructure, according to Horizonte. It was also awarded the earthworks services contract at[…]

OZ Minerals has committed funds to support in-situ recovery (ISR) research at the Kapunda copper-gold ISR project in South Australia, putting the project owners closer to outlining the potential economic extraction of copper resources via ISR. Kapunda is being steered by EnviroCopper Ltd, which, itself, has a joint venture in place with tenement holder Terramin[…]

Generation Mining Ltd’s wholly-owned subsidiary, Generation PGM Inc., which is developing the Marathon Palladium Copper Project near Marathon, Ontario, has entered into an agreement with Hycroft Mining Holding Corporation for the purchase of unused, surplus SAG and ball mills currently stored in Nevada and Texas, USA for $12 million, of which $500,000 is due on[…]

One of the most-watched shaft sinking projects in the sector right now is located in the UK, with the Woodsmith project in north Yorkshire having been on the radar for a number of reasons. First off, it is a project that has changed hands recently. Originally guided by Sirius Minerals, the 10 Mt/y project was[…]

Snowline Gold says it has entered into a five-year lease agreement with the Indigenous-owned Nacho Nyak Dun Development Corporation (NNDDC) that has seen it install a 27 kW solar generation system at the Rogue project in the Yukon of Canada able to reduce CO2 emissions from the Forks exploration camp. Designed and built by Yukon-based[…]

Thiess says it has been named preferred mining services provider for the Hillside copper-gold project on the Yorke Peninsula in South Australia. Rex Minerals Ltd, owner of the project, has notified Thiess of its intention to enter into exclusive negotiations to finalise the terms of a five-year mining contract. Subject to a contract being concluded,[…]

West African Resources has released the results of a feasibility study for its 90%-owned Kiaka gold project in Burkina Faso, heralding a potential open-pit mining operation that can support a processing plant throughput of 8.4 Mt/y. Kiaka is 140 km southeast of Ouagadougou, and 45 km south of the company’s existing Sanbrado gold mine. The[…]

Cementation Americas has announced the completion of the full faced raisebored raise at Solvay Chemicals #5 shaft in Green River, Wyoming, USA. The project required the company to complete a 22 ft (6.7 m) diameter shaft, complete with concrete liner, from surface to a depth of 1,506 ft (459 m). Concrete liner thickness increased as[…]

Akobo Minerals, the Norway-based, Ethiopia-focused gold exploration and development company, has reached an agreement with the South Africa-based contract miner, IW Mining (Pty) Ltd, to operate the underground mine at Segele. IW mining is, Akobo says, a highly experienced mining contractor with years of hard-won underground mining experience in the South African mining sector. This[…]