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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...
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....
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...
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...
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...
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...
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...
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)....
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...
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...