Archives: Mining project news

BHP has entered into an agreement with Guyana Goldfields to acquire its 6.1% interest in SolGold, the majority owner and operator of the Cascabel porphyry copper-gold project in Ecuador. BHP Chief Executive Officer, Andrew Mackenzie, said the investment in SolGold would give BHP exposure to a high quality copper exploration project in Ecuador, which is[…]

East Africa Metals announces it has received Draft Model Agreements (DMAs) from the Ministry of Mines, Petroleum and Natural Gas for the company’s Mato Bula and Da Tambuk Projects, located in the Tigray National Regional State of the Federal Democratic Republic of Ethiopia. The delivery of the DMAs indicates the Ministry has approved the permit[…]

Discussing its exploration activity in South Korea, Southern Gold Managing Director, Simon Mitchell says: “Our strategic aim with the project generation strategy is not to ‘land grab’ for the sake of it but to build a quality portfolio of targets with demonstrable mineralisation on or close to surface with the potential for the discovery of[…]

JV partners Minotaur Exploration and OZ Minerals are expanding exploration activity across their Eloise joint venture southeast of Cloncurry, Queensland, Australia. This has the potential to be a major copper/gold find. Key points: • 7,600 m of drilling almost completed at ‘Jericho’, south of the Eloise copper mine • Drilling scope expanded to encompass similarly[…]

Azarga Metals Corp reports positive findings of an independently prepared PEA for the development of its wholly-owned Unkur copper-silver project in the Zabaikalsky administrative region of eastern Russia. The PEA is based on the current Inferred Mineral Resource estimate for Unkur of 62 Mt at 0.53% Cu and 38.6g/t Ag, containing 328,600 t of copper[…]

MACA is about to start work on Wealth Mining’s Bluff coal project in the Bowen Basin of Queensland after being chosen as the main contract miner. The contractor will carry out all open-pit mining activities including planning, procurement, management and supervision, load and haul, drill and blast, and water management at the project, with the[…]

The US Army Corps of Engineers (the Corps) and the BLM issued a single Record of Decision (ROD) for the Donlin Gold project in Alaska, four months after the publication of the Final Environmental Impact Statement. Located in Western Alaska, in the Yukon Kuskokwim region, Donlin Gold is one of the largest known, undeveloped gold[…]

Downer has signed an agreement to provide mine engineering and technical services to Multicom Resources as the Queensland-based company looks to move forward its Saint Elmo vanadium project in the Australian state. Downer’s mine planning, scheduling and fleet management divisions will provide key services to Multicom, with the agreement outlining the intention of progressing to[…]

Volvo Construction Equipment has started a 10-week trial of its ‘Electric Site’ concept at Skanska’s Vikan Kross operation, near Gothenburg, Sweden, as the two companies look to create the world’s first emission-free quarry. The project, which incorporates electric and autonomous Volvo machines, will run in a real production environment aiming to achieve the same output[…]

Diamond producer, ASX-listed Lucapa Diamond Co Ltd says the company has begun to “shine bright” in the world of special diamonds. CEO and Managing Director, Stephen Wetherall, told the first day of the three day Paydirt Africa Down Under (ADU) mining conference in Perth that Lucapa was making “giant strides” at its flagship Lulo diamond project[…]