In its H1 2020 report, ASX-listed Highfield Resources says negotiations with Komatsu Mining for the acquisition of two bolter miners continued during the half year and subsidiary Geoalcali, which will be the operator of the Muga potash mine in Spain’s Ebro Basin, expects to sign an equipment purchase contract once negotiations are satisfactorily completed. The[…]
With the nickel price having recovered from the late March lows and now trading above the $15,000/t mark on the LME, those miners and developers tied to the base metal have been making moves in the last few months. Alan Taylor at ALTA 2020 Online recently highlighted some of the more significant news in the[…]
Bellevue Gold has announced that it has taken a key step in its project development strategy with the appointment of contractor GBF Mining and Industrial Services Pty Ltd, part of the Macmahon group of companies to complete Stage 1 at its WA gold project. GBF/Macmahon will re-establish the exisiting decline for mechanised use at Bellevue,[…]
In its recent FY2020 report, Fortescue Metals Group outlined its ongoing focus on innovation and technology. Notably FMG said that autonomous haul fleet conversion was completed at Christmas Creek and continued at Cloudbreak during FY2020 with a total of 170 trucks operating autonomously across all operations at 30 June 2020. FMG’s AHS deployment has increased[…]
Xtract Resources’ wholly-owned Mozambique subsidiary, Explorator Limitada, has concluded a mining contractor agreement with Longhau Tianci Mining Co Ltd for the exploitation of the Guy Fawkes hard-rock gold deposit at its Manica mining concession in Mozambique. The pact will see Longhau mine the Guy Fawkes deposit for six years or until the orebody is depleted[…]
KCGM is a world famous large, high quality, long-life open-pit and underground gold mine located in the globally renowned Golden Mile Region of Kalgoorlie-Boulder, Western Australia, with the open pit often just referred to as the Super Pit. Some 465,000 oz of gold was produced in FY2020 (100% basis), making it one of the largest[…]
Vale is to increase the capacity of its S11D iron ore operation, in Canaã dos Carajás, Brazil, after its Board of Directors approved the implementation of the Serra Sul 120 project. The $1.5 billion Serra Sul 120 project will see the S11D mine-plant capacity increase by 20 Mt/y to 120 Mt/y. Start-up is expected in[…]
Baikal Mining Company announced on August 10 that it had started capital development with waste pre-stripping and some pre-production mining of ore in the Zapadniy open-pit of the Udokan copper deposit. The development of two open-pit areas is scheduled within the first phase of the Udokan project development. The deposit is situated in Kalar District[…]
Venture Minerals Ltd has decided to start operations at the Riley iron ore project, in Tasmania, Australia, using dry screening as a way of realising early cash flow. The company’s Board of Directors has delivered a positive final investment decision (FID) for the mine prompting preparations for mining and dry screening operations to commence immediately,[…]
Osisko Gold Royalties Ltd reports the initiation of construction of a portal to access the underground resources at the Canadian Malartic Mine, known as the Canadian Malartic Underground project. Construction of the portal is expected to commence in August, and construction of the ramp is expected to commence in the fourth quarter. Sean Roosen, Chair[…]