Archives: Mining project news

Ivanhoe Mines says it is fast-tracking a feasibility study on a smaller-scale, early-stage development plan at its Platreef palladium, platinum, nickel, copper, gold and rhodium project, in the Bushveld Complex of South Africa. The move comes as spot prices of palladium and rhodium – two key metals contained in the Platreef ore – have soared[…]

Anglo American has gone public with a bid to buy Sirius Minerals and its North Yorkshire polyhalite project in the UK. The all-cash bid, which values Sirius at £386 million ($507 million), comes shortly after Sirius announced a strategic review for the project that included a broader process to seek a major strategic partner for[…]

Close to four weeks after deciding to curtail operations at its Richards Bay Minerals (RBM) operations in KwaZulu-Natal, South Africa, Rio Tinto says it has started the process of resuming work at the zircon, rutile, iron and slag works. The U-turn follows discussions led by the Premier of KwaZulu-Natal, Sihle Zikalala, involving all stakeholders focused[…]

Heron Resources says it has started crushing and processing the first underground ore from the high-grade G2 lens at its Woodlawn zinc-copper mine in New South Wales, Australia. The ore from the G2 lens was mined 135 m below surface and was discovered during Heron’s on-mine exploration drilling programs during 2017. Since the commencement of[…]

Cokal says it has signed a memorandum of understanding (MOU) with China Railway 21st Bureau Group International Engineering Co (China Rail), to construct the infrastructure planned for mining at Cokal’s BBM metallurgical coal project in Central Kalimantan, Indonesia. China Rail, a subsidiary of China Rail Construction Corporation (CRCC), has sent a team to the BBM[…]

First Mining Gold and Ausenco Engineering Canada recently entered into an agreement that will see the engineering firm complete a prefeasibility study (PFS) on the Springpole gold project, in north-western Ontario, Canada. As part of the pact, Ausenco has elected to receive shares of First Mining as consideration for its engineering services, First Mining said.[…]

Lucara Diamond Corp looks like having a combined open pit and underground future at its Karowe diamond mine, in Botswana, after a feasibility study showed the company could double the mine life of the operation for $514 million in pre-production capital. Already one of the world’s most prolific producers of large, high value type IIA[…]

Newmont Goldcorp has announced that the Quecher Main project at Yanacocha in Peru achieved commercial production safely, ahead of schedule and under budget. The full project, including future leach pad expansions, is expected to be completed for approximately $275 million of development capital which is below the company’s initial estimate (on a 100% basis). Quecher[…]

Newmont Goldcorp Corporation’s Board of Directors have unanimously approved advancing the Tanami Expansion 2 project into the execution phase. The project is expected to exceed the company’s required internal rate of return with profitable production and mine life extending beyond 2040. “The approval of our second expansion project at Tanami in Australia will further improve[…]

Vista Gold has turned to TOMRA Sorting Mining’s ore sorting technology to reignite the Mt Todd gold project, in the Northern Territory of Australia. Mt Todd, which was acquired in 2006, hosts one of the country’s biggest undeveloped gold resources. A recently completed prefeasibility study outlined a 50,000 t/d operation producing 413,400 oz/y of gold[…]