Tag Archives: Mark Thorpe

EnviroGold Global to reprocess Hellyer Gold Mines tailings in Tasmania

Mineral processing, Mining equipment, Mining services, Precious metals, Sustainable mining, Water management, , , ,

EnviroGold Global has executed a binding definitive agreement with Hellyer Gold Mines Pty Ltd to reprocess the tailings owned by HGM at its namesake mine in Tasmania, Australia.

The execution of the transaction cements a major growth catalyst for EnviroGold Global, paving the way for finalisation of project financing negotiations and materially advancing the company’s accelerated pathway towards commercial production of precious metals (gold and silver), clean energy metals and battery metals (copper, lead, zinc) in 2022, it said.

The Definitive Agreement provides for a multi-stage tailings reprocessing project wherein EnviroGold Global will add its mineral processing technology to the currently operational and permitted Hellyer Gold Mine. EnviroGold Global and HGM believe this partnership will result in operational synergies and, in conjunction with EnviroGold Global’s independently validated, proprietary metallurgical solution for the Hellyer VMS tailings, will drive significantly increased metal recovery rates for the gold, silver, zinc, lead and copper contained in the Hellyer tailings.

EnviroGold Global CEO, Dr Mark Thorpe, said: “The execution of the definitive agreement with HGM is a testament to the quality of our world-class team and the commitment of HGM’s management and team to establish a working partnership for success. It represents the achievement of a strategic milestone for EnviroGold Global on our journey to producing precious, critical, and strategic metals at seven major projects by 2025.

“We are pleased to continue to deliver on our commitments to our shareholders and stakeholders while establishing circular-economy leadership through the production of Metals Without Mining. We look forward to announcing the execution of additional major growth catalysts in the near-term including finalisation of project financing negotiations for the Hellyer Tailings Project, establishment of a strategic operating partnership with a global EPCM company, publishing the Buchans Tailings Project resource estimate and advancing the development of our global tailings reprocessing project portfolio.”

Hellyer is owned by NQ Minerals, with the company having a plan to increase its financial year production to 1.5 Mt of tailings reprocessing in 2022, from the estimated 1.4 Mt in 2021.

CMIC looks to commercialise technologies within ReThinkMining subsidiary

Mineral project development, Mining equipment, Mining services, Sustainable mining, , , , ,

The Canada Mining Innovation Council (CMIC) has announced the launch of ReThinkMining Ventures Inc (RMV), a for-profit subsidiary of CMIC.

Established to commercialise the technology in which CMIC is directly vested, ReThinkMining Ventures will help accelerate the development and deployment of new technology that will address critical needs of the mining industry, CMIC said.

CMIC’s goal is to reduce the mining industry’s energy use, water use and environmental footprint by 50%, by 2027. It has been working with major global players in the move toward zero waste mining, striving to develop technologies and innovations that will reduce waste, lower costs and mitigate environmental impacts across all aspects of mining.

The CMIC approach to these and other challenges is to start by developing technology roadmaps that align the industry on common challenges, and also help create a paradigm shift in terms of what is possible. At the tactical level, CMIC creates teams, or consortia, of mining companies and suppliers to co-develop new technology, and also co-develop the implementation of new technology.

Mark Thorpe, CEO of EnviroGold Global and Chair of CMIC’s Board of Directors, said: “This is a major, positive advance for the CMIC. As the Chair of the Board of Directors, I congratulate the entire team on achieving this milestone. We are ready to complete the work to start the commercialisation of the exciting projects that are in the CMIC project pipeline, which has been our long-term goal.”

Nancy Guay, Vice President Technical Services & Innovation, Agnico Eagle, and a board member of ReThinkMining Ventures Inc and CMIC, said: “This announcement marks an exciting new chapter of CMIC and will create true value for all our partners. We will work with the new team and partners to realise the full potential of those projects to drive the future growth of new technologies. Thanks, everyone, for the hard work and commitments.”

Carl Weatherell, CMIC Executive Director and CEO, added: “The creation of ReThinkMining Ventures is part of the natural evolution of CMIC and fills a serious void in the mining innovation ecosystem.”