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Mining Bulletins

The full story: In-depth news and analysis

Syrah Resources has completed the $110M equity raising as it works to complete the delayed commissioning of its Balama graphite project in Mozambique

Metalicity says its two-stage prefeasibility study approach has pointed the way to significant capital and operating cost savings at Admiral Bay, the world's fourth largest undeveloped zinc deposit. John Feary reports

DFS green light for the 1st of Strandline Resources’ low cost, high grade Tanzanian heavy mineral sands projects. By Mark Mentiplay

Central Rand Gold concedes it's now unlikely to be able to raise the $50M that it urgently needs if it is to avoid the sale of its South African mining assets.

West Australian JV partners Barra Resources and Conico turn to feasibility study funding plans for their Mt Thirsty cobalt project. John Feary reports

Glencore is looking to spend up to $956M to lift its stake in big Peruvian miner Volcan to a top-end around 28%

Kin Mining's DFS presents a strong case for its Leonora gold project, even with the increased gold royalty grab by the West Australian government. John Feary reports

Oracle Power says it has a new deal with 2 unnamed Chinese partners to debt finance and build Oracle’s Thar coal mine/power plant project in Pakistan

A $15M project sale has saved South American-focused gold-silver miner Patagonia Gold from a near $4M H1 17 loss to turn a $9M profit on big production/revenue falls

A new study has added a new 505,000oz open pit resource to its formerly underground-focused Clarence Stream Gold Project in Canada

The $2M acquisition of the mothballed Red October mine from Saracen Mineral Holdings provides additional production opportunities and significantly increases Matsa Resources’ footprint in the Lake Carey area of the WA Goldfields.

Taseko Mines will accelerate development at its Florence copper project in Arizona after the US EPA rejected an attempt to block its use of in-situ mining using acid injection to recover metal.

Central Asia Metals topped a week that included a $402M takeover bid and a $187M raising, with a 42% H1 17 profit jump to $15M

Acacia Mining may sidestep some of the damaging impacts of Tanzania's ban on gold-copper concentrate exports after adopting a process to maximise gold doré production from its Buzwagi mine.

Central Asia Metals has launched a $402.5M take-over bid for long-life, low cost Macedonian zinc-lead producer Lynx Resources

The delayed restart of Primero Mining’s strike-riven San Dimas operation has seen the company cut FY17 production and increase costs

Fortuna Silver Mines expects to begin construction of its 1.75Moz reserve Lindero Gold Project in Argentina next month

An independent mining planning study has given Arafura’s N Australia rare earths project a 34-year LoM based on 56Mt of resources

Kinross Gold steps up with over $1B in expansion plans for 2 of its big gold mines in Mauritania and the US

Implats warns the potential initial loss of 2,500 jobs could be just the start as it attempts to overcome severe financial pressures on its Rustenburg operations

Indonesian miner Merdeka has agreed to fund exploration aimed at uncovering more resources at the sputtering Tembang mine of Sumatra Copper & Gold.

Some people think the mining world revolves around Perth, and Ramelius Resources MD Mark Zeptner may be one of them. With its agreement to acquire the Edna May gold mine, Zeptner points out, Ramelius now has 200,000oz annual production from three projects all within an hour-long flight from the WA capital.

Bellzone Mining sees major benefits for the whole of the mining sector in Guinea from the Chinese government's massive investment in bauxite and aluminium project infrastructure, even though it has delayed approvals for its Kalia ferronickel project.

Big nickel producer Sherritt Int’l is considering building a plant producing specialised nickel products, including those for the burgeoning new high-tech car battery market

Big H1 17 profit, prodn, revenue jumps sees Russian gold miner Petropavlovsk on track for a top-end 460,000oz in FY17

The reported allegations being levelled by the Tanzanian government against the country's only important diamond producer bear many similarities to the campaign it launched earlier this year against its largest gold producer, Acacia Mining.

Tahoe Resources can avoid an extended and highly damaging shutdown of its flagship Escobal silver mine in eastern Guatemala after a Supreme Court ruling.

FS sees more gold and lower costs from Brio Gold’s refurbished Santa Luz project in Brazil, with 10-year LoM production up to 1.06M. By MBM’s North American correspondent

A new PEA sees McEwen Mining’s Argentine copper mine producing 12Blbs+ copper and 1.3Moz gold over 36-years beginning in 2022. By MBM’s North American correspondent

West Australian mines minister Bill Johnston has performed the official opening of the Nova nickel-copper-cobalt mine, Independence Group's contender to be the lowest-cost nickel producer in the country.

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