In late April, on behalf of JCHX Mining Management, Jianzhong Zhang signed a handover document with ERG for transfer of ownership of the Lonshi copper mine in DRC, located only 3 km from the Zambia border, which Zhang told IM “blew the horn of JCHX marching into its own mining development.” Zhang is the Managing[…]
OceanaGold Corporation advises that the Philippine Government has renewed the Didipio gold-copper mine Financial or Technical Assistance Agreement (FTAA) for an additional 25-year period, retrospectively beginning June 19, 2019. The renewed FTAA reflects similar financial terms and conditions while providing additional benefits to the regional communities and provinces that host the operation. Michael Holmes, President[…]
Interesting news from two of the largest US coal mining operations. NACCO Industries, Inc has announced that its wholly owned subsidiary, The Falkirk Mining Company, has entered into a new Coal Sales Agreement (CSA) with Rainbow Energy Center, LLC that becomes effective concurrent with Rainbow Energy’s acquisition of the Coal Creek Station power plant in[…]
MMC Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and one of the largest producers of platinum and copper, and the Government of the Krasnoyarsk Territory have signed an agreement on cooperation in the implementation of investment projects in the Krasnoyarsk Territory. The document was signed on June 28 in the representative[…]
At the Las Truchas iron ore mine in Mexico, DRA has been contracted to provide detailed engineering and procurement services for the Las Truchas Revamp Project. DRA has worked with the customer ArcelorMittal at Las Truchas since initial concept stage in 2012 and already completed the Definitive Feasibility Study for the site. The project involves building[…]
Morocco’s Managem Group has announced that Tri-K gold mine in Guinea, in Mandiana region, poured its first gold on June 23, 2021, following the completion of construction works. Tri-K mine consolidates the group’s presence in the Republic of Guinea and it said “supports its determination to position itself among the largest intermediate gold producers in[…]
Rio2 Ltd has announced positive results obtained from the ROM heap leaching trial for its Fenix Gold Project in Chile. The ROM heap leaching trial was conducted by personnel of Fenix Gold Ltda, the Chilean subsidiary of Rio2 Ltd, and overseen by HLC Ingeniería y Construcción, Rio2’s independent metallurgical consultants who were awarded the process[…]
Nouveau Monde Graphite and Caterpillar have signed an agreement pursuant to which Caterpillar will develop, test and produce Cat® “zero-emission machines” for the Matawinie graphite mine, in Quebec, Canada, with a view to becoming the exclusive supplier of an all-electric mining fleet for deployment at the mine by 2028. Looking to accelerate and tailor the[…]
The mining and processing project of the Upper Zone of the Cukaru Peki copper and gold mine (formerly referred to as Timok) of Serbia Zijin Mining Doo, a wholly-owned subsidiary of Zijin Mining, has recently obtained the trial production permit for the processing facilities issued by the Serbian Ministry of Mining and Energy, and has[…]
You do not get much more remote than OZ Minerals’ West Musgrave copper-nickel project. Located in the Ngaanyatjarra Aboriginal Lands of central Western Australia, it is some 1,300 km northeast of Perth and 1,400 km northwest of Adelaide; near the intersection of the borders between Western Australia, South Australia and the Northern Territory. The nearest[…]