London-listed Alufer Mining has commenced production and achieved first ore on ship at its Bel Air bauxite mine in Guinea. Both milestones were achieved on schedule, on budget and with zero lost time injuries, the company said. Surface mining at Bel Air, on the west coast of the country, started at the end of June[…]
A program to develop a wider potential mining footprint around its Kanmantoo copper-gold mine is well advanced according to Adelaide Hills miner, Hillgrove Resources Ltd. Addressing the Paydirt 2018 South Australian Resources and Energy Investment Conference in Adelaide last week, Hillgrove Resources’ Principal Geologist, Peter Rolley, said the producing Kanmantoo mine is located within a[…]
Aspiring gold developer, Middle Island Resources Ltd has received complete assay results for the first diamond hole of the recently completed, Stage 1, resource definition drilling program at the Two Mile Hill deposit within the company’s wholly-owned Sandstone gold project in Western Australia. 8m at 14.5 g/t Au, including 2 m at 54.0 g/t Au[…]
Since Boart Longyear introduced the Q Wireline system in 1966, retrieving the inner tube from the core barrel has been handled the same way: an overshot with lifting dogs (spring loaded hooked ‘fingers’) is lowered or pumped into the hole until it snaps over a pivoting spearhead mechanism affixed to the inner tube assembly. Once[…]
Lucapa Diamond Co and its partners Empresa Nacional de Diamantes E.P. (Endiama) and Rosas & Petalas report that a new Angolan Government policy regarding the marketing of Angolan diamond production has been formally enacted. The new laws are central to the new Angolan Government’s drive to double the country’s diamond production by implementing more favourable[…]
Greenland-focused Ironbark Zinc has signed a memorandum of understanding with Byrnecut Offshore Pty that could see the contractor carry out mining, model underground mine costs and provide the fleet for the Citronen zinc-lead project. The contract has been signed as Ironbark carries out work on removing key items from the project’s capital cost estimates. A[…]
Oyu Tolgoi’s copper-gold underground development in Mongolia is set for a boost after its owners ordered two portal machines from South Africa’s Condra Cranes & Hoists. The pre-sinking phase at OT’s Shaft 6 will use “advanced techniques enabled by pioneering crane design”, Condra said. Pre sinking is expected to be completed in less than a[…]
Resource Generation Ltd subsidiary Ledjadja Coal has signed three separate EPC agreements with CIMIC Group subsidiary Sedgman that will see the contractor carry out major work at the Boikarabelo coal mine in Limpopo Province, South Africa. The three contracts cover design, procurement, construction, commissioning, operations and maintenance of the operation’s coal handling preparation plant (CHPP),[…]
Paladin Energy Ltd has announced the execution of a Bid Implementation Agreement (BIA) under which it is proposed that Paladin will acquire all of the issued shares of Summit Resources Ltd that it does not presently own, on a scrip for scrip basis by way of a recommended off-market conditional takeover offer. Paladin is a[…]
Robert Friedland, Executive Chairman of Ivanhoe Mines and Lars-Eric Johansson, Chief Executive Officer, announced today that an independently prepared estimate has resulted in a significant increase in Measured and Indicated Mineral Resources at the company’s high-grade, Kipushi zinc-copper-silver-germanium mine in the DRC. The new Mineral Resource estimate is the first update to be issued for[…]