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Chinese-owned Tianqi Lithium Energy Australia will gain material for more detailed studies into development pathways for the Pioneer Dome lithium project in WA’s Eastern Goldfields following completion of a positive scoping study.
The study by leading engineer Primero was conducted for current owner Essential Metals, which last month agreed to a $A136M cash takeover by Tianqi.
The acquisition of Pioneer Dome’s 129,000t mineral...
Canadian-based international miner Centerra Gold has mobilised an emergency response team from its Öksüt mine site in Turkey to assist state and regional organisations following the disastrous earthquakes in SE Turkey-N Syria.
Centerra’s 100%-owned openpit mine, about 180km NW of the tremor site, has continued to operate normally. The company reports no injuries or infrastructure damage.
African-focused explorer Cassius Mining has formally commenced its international arbitration action against the Ghanaian government, claiming more than $US275M for losses and damages over its Gbane project in the gold-rich Talensi District.
Cassius claims the government breached the terms of its large-scale prospecting licence by failing to stop a rival explorer encroaching on its holdings.
The Ghana government has 30 days to...
West Australian explorer Kalamazoo Resources has set the base to accelerate development activities at its Ashburton gold project with the posting of an independent indicated-inferred mineral resource of 1.44Moz (16.2Mt @ 2.8g/t).
Indicated resources have grown by 68%, reflecting its improved interpretation of the project 35km S of Paraburdoo and higher confidence in the continuity of higher-grade zones particularly at the Mt Olympus...
West Australian explorer Alliance Nickel has partnered with Vietnam’s largest private conglomerate Vingroup to negotiate a project financing and offtake agreement for its planned NiWest project in the WA Nickel Belt.
The MoU allows for consideration of debt, offtake prepayment and project equity options for the proposed mine and refinery development to deliver 97,000tpa battery-grade nickel and cobalt ...
Canadian-based miner First Quantum warns it may be forced to shut down its 90%-owned Cobre Panama mine over its escalating fight against government demands it pay higher revenue.
First Quantum says the Panama Maritime Authority halted concentrate loading at the Punta Rincon port after ordering a change from internationally accepted weighing system certification processes. With limited storage capacity at the port, it says mining may have to halt by mid-Feb.
Panama’...
Completion of the Central Shaft at Caledonia Mining’s Blanket mine in Zimbabwe has delivered a 52% increase in measured and indicated mineral resources to 1.095Moz gold (10.7Mt @ 3.18g/t). Proved and probable mineral reserves have grown by 1% to 395,000oz (3.94Mt @ 3.12g/t).
CEO Mark Learmonth says the update, calculated by Minxcon from data reflecting the Central Shaft completion and migration to fully digital estimation protocols,...
Australian No 1 gold producer Newcrest Mining has advised shareholders to sit tight while it ponders a revised indicative takeover proposal from world leader Newmont Mining.
After its previous offer of 0.363 Newmont shares for each Newcrest share was rejected, US-based Newmont has submitted Tom Palmer says a transaction would join industry-leading portfolios of assets and projects to create long-term value across its...
Australian kaolin producer Suvo Strategic Minerals has validated its capacity to produce about 50,000tpa hydrous kaolin after completing the upgrade and optimisation of its 100%-owned Pittong mine in Victoria ahead of schedule and on its $A2.3M budget.
It says an independent review confirmed its ability to produce about 60,000tpa under favourable operating conditions.
Exec chairman Henk Ludik says the upgrade allows Suvo to more than double...
Australian developer Hastings Technology Metals has lifted the minelife planning target at its Yangibana rare earths project in WA’s Gascoyne region to at least 17 years after increasing its total proved and probable ore reserves to 20.93Mt @ 0.9% TREO.
The update, which is based on the company’s 2021-22 exploration and the acquisition of Cadence Minerals’ 30% Yangibana JV interest, increases its neodymium+praseodymium...