Archives: Mining project news

Rio Tinto says it will develop its most technologically advanced mine following the full approval of a $2.6 billion investment in the Koodaideri iron ore mine in Western Australia. Koodaideri will deliver a new production hub for Rio Tinto’s iron ore business in the Pilbara, incorporating a processing plant and infrastructure including a 166 km[…]

Project partners Orocobre and Toyota Tsusho Corp have approved the stage-two expansion of the Olaroz lithium facility in Argentina. The expansion, set to cost $295 million including $25 million contingency, will increase the facility’s capacity by 25,000 t/y of lithium carbonate, bringing total capacity to 42,500 t/y. It will also see Olaroz produce technical grade[…]

BHP has confirmed identification of a potential new iron oxide, copper, gold (IOCG) mineralised system, located 65 km to the southeast of BHP’s operations at Olympic Dam in South Australia. As part of its ongoing copper exploration program, four diamond drill holes, totalling 5,346 m, intersected copper, gold, uranium and silver mineralisation of IOCG style[…]

Tinka Resources Ltd reports an updated Mineral Resources estimate for its 100%-owned Ayawilca zinc and tin deposits in Peru. Part of the Zinc Zone Mineral Resource is now classified as Indicated, incorporating a higher-grade portion of the deposit. In addition, the updated Inferred Mineral Resource is of a similar size and grade to the previous[…]

SIMPEC is continuing to win business in the Western Australia mining sector, this time being awarded a contract to install a flocculant treatment plant for Iluka Resources’ new mineral sands project in Cataby. The A$1.7 million ($1.2 million) contract award will see SIMPEC, a subsidiary of WestStar Industrial, start work on the plant immediately. It[…]

One of the few “construction-ready” copper-gold-silver projects yet to be funded has contemplated the use of autonomous haul trucks in its latest economic study. The prefeasibility study for the Josemaría project in San Juan province, Argentina, showed ore would be mined using conventional open-pit methods and assumed the latest in autonomous haul truck technologies. The[…]

Doppelmayr Transport Technology has come up with an innovative way to connect Cementos Progreso SA’s crusher with its new San Gabriel cement plant using RopeCon® material transport technology. The San Gabriel cement plant is located some 35 km northwest of Guatemala City, Guatemala, where Cementos Progreso produces some 2.2 Mt/y of cement for the local[…]

Sibanye-Stillwater reports that the South African Competition Tribunal has approved the proposed acquisition of Lonmin Plc, subject to specific conditions. In addition to the conditions agreed between Sibanye-Stillwater and the Competition Commission (details of which were provided in the announcement on 18 September 2018), a further condition has been imposed by the Competition Tribunal, namely:[…]

MOD Resources Ltd’s Prospectus dated 19 November 2018 has been approved by the UK Listing Authority and has been published. MOD is a copper exploration and development company focused on the central and western Kalahari Copper Belt in Botswana. The primary focus is the development of its wholly owned T3 copper project, for which a[…]

The bankable feasibility study on Australian Mines’ Sconi cobalt-nickel-scandium project in Queensland, Australia, has shown a three open pit, 2 Mt/y operation can be built for some $974 million. For this investment, the company anticipates producing some 8,496 t/y of cobalt sulphate, 53,301 t/y of nickel sulphate and 89 t/y of scandium oxide over the[…]