Take a free trial or Subscribe now

Advanced Search

Mining Bulletin

The full story: In-depth news and analysis

BHP EYES COPPER AND NICKEL GROWTH TO FOLLOW OZ MINERALS TAKEOVER

Global miner’s focus turns to the integration of the OZ Minerals business to accelerate its copper and nickel operations after Q3 declines lower full year production guidance.

GENESIS MINERALS DECLARES ITSELF THE LEONORA LEADER UNDER $600M ST BARBARA DEAL

West Australian mining leader Raleigh Finlayson is close to realising the dream of consolidating ownership of the major assets in the world-class Leonora region with agreement by his Genesis Minerals to acquire the local assets of rival St Barbara. John Feary reports

GHANA CONSOLIDATION JV FORECAST TO CREATE AFRICA’S LARGEST GOLD MINE

International miners Gold Fields and AngloGold Ashanti are predicting significant operational synergies by optimising the mining and consolidating the infrastructure of their immediately adjacent Tarkwa and Iduapriem gold mines in Ghana.

FMG OUTLINES $200M INITIAL CAPITAL COST FOR BELINGA IRON ORE PROJECT

Fast-moving Fortescue Metals sets a H2 2023 target for first production from its international iron ore expansion, the Beninga project in NE Gabon.

DRILLING POINTS TO MORE NEAR-TERM GROWTH AT SANTANA’S LEADING KIWI PROJECT

Explorer Santana Resources has highlighted significant near-term potential for further resource growth at its 100%-owned Bendigo-Ophir project in New Zealand’s South Island after drilling assays consistently surpassed past average grades at its Rise and Shine deposit.

GLENCORE’S $1.1B SALE OF COBAR MINE HERALDS NEW AUSTRALIAN BASE METALS EMPIRE

Global miner/marketer Glencore has reached binding agreement on the $US1.1B-plus-royalty sale of long-lived Cobar underground copper mine in Australia to special purpose funder Metals Acquisition Corporation.

NEWCREST SEES MORE DECADES AHEAD WITH GO-AHEAD FOR NEW CADIA STAGE DEVELOPMENT

Newcrest Mining has given the go-ahead for the next stage development of its flagship Cadia gold and copper mine in NSW, Australia after completing a feasibility study on its panel cave PC1-2 development.

GASCOYNE RESOURCES’ DALGARANGA A VICTIM OF THE PRESSURES ON WEST AUSTRALIAN MINES

Battling West Australian miner Gascoyne Resources will turn its focus to a financial restructuring and progressing higher-grade exploration assets to support a long-term mining plan after the sudden shutdown of its flagship Dalgaranga mine.

FIREFINCH ABOUT-TURN ON RECAPITALISATION SPELLS DEATH FOR MALI’S ‘GORILLA’ GOLD MINE

Australian-based miner Firefinch has given up on its efforts to recapitalise its 80%-owned Morila gold mine in Mali, almost certainly sending the mine once known as “Morila the Gorilla” into insolvency.

GROWING LINDA PROJECT TARGET HIGHLIGHTS ZINC POTENTIAL AT FLINDERS RANGE

New laboratory assays have doubled the size of the zinc soil anomaly target at critical minerals explorer Stelar Metals’ Linda zinc project in South Australia’s Flinders Ranges, with the scale and DSO grade indicating its potential for economic mineralisation at depth.

FALL OF GROUND AFTERMATH TRIGGERS ADMINISTRATION FOR RED RIVER’S THALANGA MINE

Australian miner Red River Resources has appointed administrators to its Thalanga zinc-copper-lead mine to tackle threats to its solvency due to continuing performance issues following a fall of ground incident nearly three months ago.

MALLEE RESOURCES REACTIVATES AVEBURY NICKEL MINE IN SIX MONTHS

Explorer Mallee Resources has joined the ranks of Australian nickel sulphide producers after making a successful start to the commissioning of the processing plant at its 100%-owned Avebury project in Tasmania.

MINERAL RESOURCES STILL PONDERING STRATEGIC OPTIONS FOR LITHIUM BUSINESS

Australia mining and services company Mineral Resources is continuing to evaluate “strategic options” for its rapidly growing lithium hard rock operations in the Pilbara and Goldfields regions of WA.

CAVALIER LIFTS HOPES FOR LEONORA PROJECT AFTER FIRST DRILL CAMPAIGN

West Australian explorer Cavalier Resources reports encouraging results in recent drilling that targeted extensions to the existing resource area at its 100%-owned Crawford gold project at Leonora.

CANNON RESOURCES PUTS OUT THE JV SHINGLE FOR WA’S COLLURABBIE PROJECT

West Australian explorer Cannon Resources has identified 55 areas of interest including potential targets for shallow geochemistry following analysis of historical geophysical data at its Collurabbie nickel-copper-PGE and gold project.

ELEVATE IDENTIFIES BIG URANIUM TARGET AT NAMIBIA’S KOPPIES PROJECT

Elevate Uranium has raised the potential to add significantly to its maiden 20.3Mlb U3O8 inferred mineral resource at its Koppies project in Namibia with the identification of a mineralised zone extending over 10km and up to 1,000m wide.

MID-2023 TARGET FOR APPROVAL OF HIGH-GRADE FEDERATION DEPOSIT UNDERGROUND MINE

Australian miner Aurelia Minerals has outlined the starting physical and economic picture for the development of an underground mine at its high-grade, low-cost Federation polymetallic deposit in the Cobar Basin of central-western New South Wales.

WA NICKEL EXPLORER ST GEORGE MINING JOINS THE TREND TO FOCUS ON LITHIUM

The first assays of visibly mineralised pegmatite rock samples have validated the potential for significant lithium mineralisation at St George Mining’s Mount Alexander project in the NE Goldfields of Western Australia.

KINGSLAND MINERALS DRILLING BREATHES LIFE BACK INTO CLEO URANIUM PROJECT

Australian explorer Kingsland Minerals has laid the foundation to grow the footprint of the Cleo uranium mineralisation based on initial assay results from its maiden drilling program in the historic Pine Creek mining region in the NT.

EXPLORATION SUCCESSES CARRY BELARAROX TO NEW PHASE IN NSW SEARCH

Australian explorer Belararox is considering the release of a mineral resource estimate next month as it progresses metallurgical testwork on targets at the historical Native Bee mine site, part of its 100%-owned Belara project in NSW.
more

You are here

Home

Search

Breaks - GHANA: SOLDIERS FIRE SHOTS AT MINING PROTESTERS

Published: 1 Jun, 2023, Relevance: 1

Ghanaian soldiers have fired shots to disperse protesters in the gold mining town of Obuasi in the Ashanti Region amid a crackdown on illegal miners, Al Jazeera reports.
The protest comes as hundreds of people remain underground after several days reportedly without food or water, either unable to exit or unwilling to leave for fear of being arrested.
Seven people who exited a shaft belonging to international miner AngloGold...

Breaks - BEAR CREEK MINING: HEADWINDS THREAT TO Q2 MEXICAN MINE OUTPUT

Published: 1 Jun, 2023, Relevance: 1

Canadian-based Bear Creek Mining has warned that “significant headwinds” including inflation, exchange rates and below-target operating performance will impact the June qtr (Q2FY2023) results.
The warning by president-COO Eric Caba comes despite recent steps to improve production and decrease operating costs at its 100%-owned Mercedes mine in Sonora, Mexico and to improve its financial liquidity by restructuring certain debt and streaming obligations....

Breaks - SHANTA GOLD: SINGIDA MOVES QUICKLY TO COMMERCIAL PRODUCTION

Published: 1 Jun, 2023, Relevance: 1

The rapid ramp-up in two months since its first gold pour has enabled East African miner Shanta Gold to declare commercial production effective June 1 at its Singida mine in Tanzania.
The company’s second Tanzanian mine reached its 1,000tpd nameplate capacity within weeks of its initial gold production on March 30 and achieved all key production measures including processing rate, plant availability, gold recovery and plant utilisation...

Breaks - AUKING MINING: STUDY POINTS TO KOONGIE PARK FID

Published: 1 Jun, 2023, Relevance: 1

Australian explorer AuKing Mining will push on to more advanced development studies on its Koongie Park copper-zinc project after a scoping study confirmed the potential for a financially robust, globally competitive operation at Halls Creek in WA.
The study estimated total production of 110,000t Cu, 38,000t Zn and 355,000oz Ag over 11 years from the development of four openpit and one underground mine with onsite 750,000tpa processing...

Breaks - RAGUSA MINERALS: RESOURCE SHOWS BURRACOPPIN RANGE

Published: 1 Jun, 2023, Relevance: 1

Australian explorer Ragusa Minerals has underlined the multi-commodity development potential of its 100%-owned Burracoppin project, posting a maiden inferred JORC resource of 96Mt @ ISO-B 80 kaolinite/halloysite bearing material.
The resource, which equates to 36.9Mt of kaolin product and 2.1Mt of halloysite product, lies within less than 5% of Ragu’a's tenure in WA’s Wheatbelt about 300km E of Perth.
Chairman Jerko Zuvela says it...

Breaks - GOLDSTONE RESOURCES: GHANA MINE PAUSE ENDS

Published: 31 May, 2023, Relevance: 1

New miner Goldstone Resources is relying on additional purchases of mobile equipment and plant components to help it overcome the disappointing initial performance of its Homase gold mine in SW Ghana.
Goldstone says mine plan revisions and process plant improvements funded by its £2.4M convertible loan note in Jan have lowered the mine’s March qtr (Q1FY2023) production to a gold pour of just 205oz.
Mining has resumed after a pause...

Breaks - BEACON MINERALS: UPDATE READIES GEKO FOR MINE START

Published: 31 May, 2023, Relevance: 1

West Australian miner Beacon Minerals has begun work on an ore reserve and mine planning on the Geko openpit deposit in the WA Goldfields after posting a new resource estimate of 57,000oz gold (1.39Mt @ 1.3g/t).
Beacon acquired the inoperative mine 25km NW of Coolgardie in Dec 2022 under a strategy to increase the life of its Jaurdi project and mill 15km away.
MD-exec chairman Graham McGarry says Beacon will begin hauling Geko’s...

Breaks - CHAMPION IRON: Q4 RECORD LIFTS FULL YEAR OUTPUT

Published: 31 May, 2023, Relevance: 1

Record Q4 production achieved despite limited mining and haulage capacity due to equipment delivery delays and an extended crusher shutdown has enabled Canadian miner Champion Iron to lift its FY23 production to 11.19Mwmt of 66.1% Fe concentrate, from 7.91Mt in the previous year.
Revenue was $C1.4B (FY22: $1.46B) on sales of 10.59Mt (7.65Mt) iron ore concentrate at net average selling price of $131.7/t ($190.9/t), against AISC of $86.5/t ($73.1/t)....

Breaks - ECOGRAF: POSCO SIGNS BATTERY ANODE COLLABORATION PACT

Published: 31 May, 2023, Relevance: 1

Battery anode materials miner/processor EcoGraf has teamed with multinational industrial company POSCO to advance development of its Tanzanian mines, supply chain and processing assets.
Under their non-binding cooperation agreement, EcoGraf and POSCO have agreed to negotiate the supply of up to 40,000tpa battery anode material over an initial 10 years.
It follows successful technical programs assessing EcoGraf’s graphite products...

Breaks - CELSIUS RESOURCES: PHILIPPINES TICK FOR MCB PROJECT

Published: 31 May, 2023, Relevance: 1

Philippines-focused explorer Celsius Resources has achieved a milestone in development planning for its flagship Maalinao-Caigutan-Biyog copper-gold project with the receipt of its environmental compliance certificate.
Exec chairman Julito R Sarmiento says it reflects the company’s commitment for MCB to become a model for responsible mining.
The project in the Cordillera Administrative Region about 320km N of Manila holds resources...

Pages

Mining Billboard

Insights and analysis from leading industry commentators

AUSTRALIA’S PILBARA AND EYRE PENINSULA WELL PLACED FOR A ‘GREEN’ STEEL BOOST

(COMMENTARY) Mining of the long-neglected magnetite iron ore could be a major beneficiary of Australian ambitions to become a global leader in the drive to achieve net zero, under a solution that would see green hydrogen plants developed next to green steelworks to boost efficiency and kickstart both industries.

DESPITE POLITICAL DIATRIBES, LIDDELL CLOSURE POINTS TO A BRIGHTER FUTURE

(COMMENTARY) The closure this month of Australia’s oldest coal-fired power station, the 52-year-old Liddell facility in New South Wales, will end one era but simultaneously lead to another in which the nation could open up new energy opportunities.

NEWCREST OFFERS CONDITIONAL COURTING RIGHTS AFTER REBUFFING SUITOR NEWMONT

(MERGERS AND ACQUISITIONS) Australian gold major Newcrest Mining has kept itself in play for more possible mergers and acquisitions discussions after rebuffing a $US16.9B second feint from Newmont Corporation and posting solid advances in the December half-year.

US GOVERNMENT BACKS IONEER PROJECT AS KEY TO CRITICAL MINERALS SUPPLY SECURITY

(DEVELOPMENT) The US government has recognised the potential value of Ioneer’s Rhyolite Ridge lithium-boron project in Nevada to the national push for security of critical minerals supply with the offer of a $700M development loan.

SAUDI MINING GIANT SEEKS MORE GROWTH THROUGH INTERNATIONAL PARTNERSHIPS

(EXPLORATION) Saudi Arabia’s majority government-owned mining company Ma’aden has unveiled three new initiatives using partnerships with international miners and the nation’s massive investment capacity to advance a new phase of domestic and international growth.

GLOBAL COAL USE REACHING ALL-TIME HIGH ... BUT INDUSTRY TRENDS POINT TO RAPID DECLINE

(COMMENTARY) The global use of coal for electricity generation will hit record levels this year, but lack of new investment in export-driven coal projects supports the expectation that peak coal has been reached and will rapidly decline in the face of global pressure on fossil fuels.
more

Mining Brokers

START THE WEEK: COMMODITIES (May 28, 2023)

    START THE WEEK: CALENDAR (May 29, 2023)

      START THE WEEK: COMMODITIES (May 21, 2023)

        START THE WEEK: CALENDAR (May 22, 2023)

          START THE WEEK: COMMODITIES (May 14, 2023)

            more