Archives: Mining project news

Ocean Energy Ventures (OEV), a subsidiary of the MDL Energy group of companies, together with Quippo Oil and Gas, has acquired the newly built production support vessel previously destined for Nautilus Minerals and its Solwara 1 copper-gold marine mining project off the coast of Papua New Guinea. The contract for the hull MW301-1 was originally[…]

Almaden Minerals is moving forward with plans to introduce X-ray Transmission (XRT) ore sorting to its Ixtaca silver-gold project in Mexico, with the latest economic study showing the technology can boost production and returns. The Vancouver-based company previously said conventional XRT ore sorting technology could, among other things, push the average annual metal production above[…]

Harmony Gold Mining Co and its Wafi-Golpu joint venture (WGJV) partner Newcrest Mining have signed a Memorandum of Understanding (MOU) with the Independent State of Papua New Guinea. The MOU is an affirmation of the parties’ intent to proceed with the Wafi-Golpu project, subject to finalisation of the permitting process and Harmony and Newcrest board[…]

Emirates Global Aluminium (EGA) reports that its bauxite mining project in the Republic of Guinea has reached 75% construction completion. The project has a total budgeted project cost of about $1.4 billion and is being developed by EGA’s subsidiary Guinea Alumina Corp. It is the largest greenfield investment in the West African country in the[…]

Lithium Australia NL has expanded its extensive holdings in Western Australia by completing formalities on an option over the Youanmi lithium project located in the Archean Yilgarn Block, 450 km northeast of Perth. Option to acquire the Youanmi Lithium Project now formalised The project features extensive lithium mineralisation and outcropping pegmatites It represents a potential[…]

W Resources has confirmed the mechanical completion of the La Parrilla crusher plant, paving the way for commissioning of mined ore from the tungsten-tin deposit in western Spain next month. The crushing circuit, supplied by Metso Minerals’ Portugal division, has been engineered to minimise creation of tungsten fines and is designed to process 350 t/h[…]

Aurubis reports that “following LME Week in October, the copper world met up again in November, this time in Shanghai. Well-known mining companies used this as an opportunity to communicate upcoming investments in mine expansions. The signs in Chile continue to point to growth in 2019: The consulting company Fitch Solutions forecasts 4 % growth[…]

Two of MACA Limited’s subsidiaries look set to carry out open-pit mining and refurbish the mill at Echo Resources’ Yandal gold project in Western Australia. MACA said a letter of intent (LoI) had been signed that could see MACA Mining awarded an open-pit mining services contract and MACA Interquip receive a mill refurbishment contract. These[…]

Rio Tinto has completed the first shipment of bauxite from its Amrun mine in Queensland, Australia, six weeks ahead of schedule. At a ceremony on the Western Cape York Peninsula in the far north of Queensland, more than 80,000 t of bauxite was loaded on to the RTM Weipa bound for Rio’s Yarwun alumina refinery[…]

The Scully iron ore mine in Wabush, Newfoundland and Labrador, Canada, looks like restarting after owner Tacora Resources secured up to $276 million of funding to turn the lights back on. Just this week, the company announced it had closed on $212 million in private equity and senior secured debt financing which, together with existing[…]