Archives: Mining project news

Newcrest Mining Ltd has announced that the Newcrest Board has approved A$146 million (~US$112 million) for the construction of the box cut, exploration decline and associated surface infrastructure at the Havieron Project in Western Australia, which it owns in joint venture with Greatland Gold. This funding approval follows receipt of the necessary regulatory approvals to[…]

Capital is well on the way to securing a suitable fleet to carry out the open-pit waste mining contract at Centamin’s Sukari gold mine, with additional trucks recently arriving in Egypt and payments “significantly progressed” for all major long lead equipment required to service the operation. Equity proceeds from the recent $40 million share placing[…]

Gold Fields is preparing for development ramp up of its Salares Norte gold project in Chile with the main production fleet starting to make its way to site. The Salares Norte main haulage fleet is composed of 18 Caterpillar 191 t class 789D trucks supplied by Finning. Nine of them will be onsite at the[…]

SQM announced on December 23 that its board has approved initiating the process to increase the company’s capital by up to $1.1 billion through the issuance of 22.4 million Series B shares of common stock, subject to agreement at an extraordinary shareholders’ meeting on January 22. It is part of an ambitious $1.9 billion investment[…]

Global Atomic Corporation has announced that The Presidential Decree granting the Mining Permit has been approved by the Council of Ministers for the Company’s Dasa Uranium Project in Niger. The Dasa Project exploration operations are located in the north central part of the Republic of Niger, West Africa, approximately 120 km north of the city[…]

The Board of Directors of Russian gold mining major Polyus has made a final investment decision on the construction of Mill-5 at the Blagodatnoye gold mining complex in Krasnoyarsk region, 25 km away from its Olimpiada operation. The company has successfully completed the Feasibility Study (FS) for the construction of a new mill at the[…]

The Spence Growth Option (SGO) is a key project for BHP’s future portfolio and for Minerals Americas. SGO will extend the useful life of Spence for another 50 years and will produce essential resources required for the aspirations and challenges of the futureworld. Thus, SGO will allow BHP to increase its contribution to the Antofagasta[…]

Rio Tinto today unveiled a pathway for the ongoing development of the underground project at Oyu Tolgoi in Mongolia, one of the largest known copper and gold deposits in the world. The definitive estimate details how Oyu Tolgoi underground will achieve sustainable production for Panel 0 by October 2022 for development capital of $6.75 billion.[…]

Cornish Lithium Ltd, the mineral exploration and development company based in Cornwall, UK, is pleased to announce that it will now accelerate the Trelavour hard rock lithium project near St Austell following the successful production of nominal battery-grade lithium hydroxide. This was achieved using ASX-listed Lepidico Ltd’s proprietary L-Max® and LOH-Max® process technologies on lithium[…]

An integrated development plan (IDP) on the Platreef palladium, platinum, rhodium, nickel, copper and gold project in South Africa has shown the potential to fast-track the development into production. Consisting of an updated feasibility study and a preliminary economic assessment, the IDP marks an “important step in our vision of building and operating the world’s[…]