Capstone Mining Corp has announced it intends to advance its cobalt project at Santo Domingo in Region III, Chile, to feasibility stage as described in the Santo Domingo Project, Region III, Chile NI 43-101 Technical Report and PEA. The production of battery-grade cobalt sulphate at Santo Domingo is expected to significantly add to the robust[…]
Mineral Development, LLC (MDL), the only dedicated producer of secondary recovery phosphate rock in the world, has broken ground on its $70 million production facility in Polk County, Florida. The plant is designed to produce 1.2 million tons of high-quality phosphate rock per year in a range of qualities from 29% to 34% P2O5. MDL’s[…]
Geopacific Resources has reached a key milestone in the development of its 1.6 Moz (Mineral Resources) fully permitted and shovel ready Woodlark Gold Project in PNG, with the issuance of a Letter of Intent to contractor HBS (PNG) Ltd to support the purchase of the first tranche mining fleet. Woodlark Island is approximately 70 km[…]
In a unanimous decision, the Antofagasta Region Environmental Assessment Commission has favourably rated an Environmental Impact Statement (DIA) that prolongs the useful life of the existing Phase I hydrometallurgical plant and sulphide mining operations of Codelco’s Radomiro Tomic Division, until 2030. The original project considered the end of the operations associated with this stage of[…]
Labrador Iron Mines Holdings Ltd has announced the results of an independent Preliminary Economic Assessment (PEA) on its Houston Project prepared by Roscoe Postle Associates Inc (RPA), now part of SLR Consulting Ltd. The Houston Project is owned 100% by Labrador Iron Mines Limited (LIM) and its wholly-owned subsidiary Schefferville Mines Inc (SMI). LIMH owns[…]
The Kipushi copper-zinc-germanium-silver-lead mine in the DRC is adjacent to the town of Kipushi and approximately 30 km southwest of Lubumbashi. It is located on the Central African Copperbelt, approximately 250 kilometres southeast of the Kamoa-Kakula Project and less than one kilometre from the Zambian border. Ivanhoe acquired its 68% interest in the Kipushi Project[…]
China Coal Beijing Coal Mining Machinery Co Ltd (BMJ) recently delivered a new set of 175 hydraulic roof supports to Russia’s Raspadskaya coal mining company, which is controlled by EVRAZ. The supports are for mining of number 48 seam in the Uskovskaya mine, which began in February 2021. The working face length is 300 m[…]
The African Rainbow Minerals (ARM) board of directors has approved the Two Rivers Merensky Project which involves mining of the Merensky reef at Two Rivers Mine. Total capital expenditure for the project is expected to be approximately ZAR5.7 billion (100% basis) to be spent over three years. Construction is planned to commence in July 2021[…]
Generation Mining Ltd has announce the results of the feasibility study for the Marathon palladium and copper project located near the town of Marathon in northwestern Ontario. It supports an open pit mining operation with a robust rate of return over a 13-year mine life. In the first three years of production following commercial production[…]
Russian Copper Company is making headway at some of its key underground operations. First, the Aleksandrinskaya Mining Company (AGK) JSC in Chelyabinsk Region, has expanded the fleet at the Chebachiy mine. The enterprise received an Epiroc Minetruck MT2200 underground truck and a Sandvik DD311-40C drilling rig for tunnelling operations. The Minetruck MT2200 dump truck is[…]