Archives: Mining project news

Cementation Canada Inc (CCI) and Terra Nova Technologies (TNT) have successfully completed their first joint project as a consolidated team for the Newmont ConRamp conveyor project located at the Musselwhite gold mine at Lake Opapimiskan, Ontario, Canada, some 500 km north of Thunder Bay. The statement said that the consolidated team approach involved excellent collaboration[…]

Rio Tinto has to date awarded contracts valued at over $385 million (A$500 million) to local Western Australian and Pilbara Aboriginal businesses to support the latest development of its Greater Tom Price Operations. Construction of the Western Turner Syncline Phase 2 (WTS2) expansion commenced in early 2020 and to date more than 85% of spending[…]

The Minnesota Supreme Court yesterday unanimously ruled in favour of the Clean Air Act permit issued to PolyMet by the Minnesota Pollution Control Agency, overturning an order by the state Court of Appeals that had remanded the permit back to the agency, according to Poly Met Mining, Inc, a wholly owned subsidiary of PolyMet Mining[…]

Glencore’s Compania Minera Lomas Bayas (CMLB) copper mine is located some 120 km NE of Antofagasta, Chile and extracts low grade oxide copper ore. A major focus currently is to increase productivity and reduce operational costs, as well as focussing on safety and sustainability. As such, the mine recently implemented its new Ultra Class Project[…]

Canadian Malartic Mine (CMM) has announced that both of its 50:50 owning partners, Yamana Gold Inc and Agnico Eagle Ltd, have approved construction to transform the Odyssey Project in Quebec into the Odyssey Mine over the coming years. The state-of-the-art future Odyssey gold mine will feature an LTE mobile communication network, an automated fleet of[…]

Equinox Gold Corp has announced 2021 production guidance of 600,000 to 665,000 oz of gold, a 33% increase over 2020 production of 477,200 oz of gold. Cost guidance includes cash costs of $940 to $1,000 per ounce of gold sold and all-in-sustaining costs (AISC) of $1,190 to $1,275 per ounce of gold sold. “2021 represents[…]

Eldorado Gold Corporation has announced its wholly-owned subsidiary, Hellas Gold SA has entered into an amended Investment Agreement with the Hellenic Republic to govern the further development, construction and operation of the Skouries, Olympias and Stratoni/Mavres Petres mines and facilities in northern Greece (collectively the Kassandra Mines). The Agreement amends the 2004 Transfer Agreement between[…]

A key step in the construction process has been taken by the Diamante and Andesita projects of the El Teniente Division, after the Codelco Board of Directors approved resources of $1.243 billion for the investment phase of both initiatives. Together with the Andes Norte project, Diamante and Andesita make up the new project portfolio at[…]

Despite the current issues regarding the Oyu Tolgoi copper-gold mine and mining project between the Mongolian Government and Rio Tinto, which manages the operation, the mine continues to run very successfully both in terms of current open pit production and the ongoing underground project expansion, despite COVID-19 challenges. Oyu Tolgoi LLC is jointly owned by[…]

Saracen Mineral Holdings Lt has announced today that the requisite majorities of its shareholders today voted overwhelmingly in favour of the proposed scheme of arrangement under which Northern Star Resources will acquire all the shares in Saracen. The deal means that Kalgoorlie Consolidated Gold mines (KCGM) will change from being a Saracen/Northern Star JV to[…]