Mining Bulletin

The full story: In-depth news and analysis

You are here

Mining Bulletins

The full story: In-depth news and analysis

Australian uranium miner ERA will seek to extend its tenure over the Ranger uranium mine to allow for significant increases in the costs and timeline for rehabilitation of the site in the heart of the world-renowned Kakadu National Park.

South32 has laid out the potential for a multi-decade operation in studies that establish its Hermosa project in Arizona, USA as a globally significant producer of metals critical to a low-carbon future.

Canadian miner Endeavour Silver has signalled plans to accelerate its vision to move from the mid-tier to a premier global position among silver producers with the $70M agreement to acquire one of the world’s largest undeveloped silver projects from SSR Mining.

The sustained rebound in iron ore prices from their late-2020 declines have encouraged the West Australian operators of two small-volume, high-grade mines to bring them back into mine production.

Six-month shutdown of St Barbara’s Simberi gold mine in PNG ends with the completion of a new deep-sea tailings pipeline and plant upgrades together with a revised mine plan.

Canadian developer Artemis Gold is confident it will still meet its capital costs and timeline forecasts for the Blackwood gold project in central BC despite the termination of its plant engineering, procurement and construction contract with Ausenco Engineering.

Indonesian miner Merdeka Copper Gold is planning drilling and feasibility studies to advance development of what it expects to build into one of the largest gold producers in the Asia-Pacific region after achieving its long-held plan to consolidate management of the Pani project in Sulawesi.

Chinese government-owned Zijin Mining has met its end-2021 deadline to commence operations at its 50.1%-owned Julong Copper operation in the precipitous mountains of Tibet, slated to become the country’s largest porphyry copper mine.

Miners and resource industry call for stricter policing of anti-coal activists as Australia’s giant Carmichael thermal coal mine finally presents its first production to its export terminal.

Inside track or stalking horse? Australian miner Silver Lake Resources completes a subscription deal it hopes will enable it to take 100% ownership of insolvent Canadian company Harte Gold and its Sugar Zone mine in Northern Ontario.

A revised definitive feasibility study has increased the proposed production rate and more than doubled forecast economic outcomes for the Firefinch-Jiangxi Ganfeng joint venture’s Goulamina lithium project in Mali.

Australian mining entrepreneurs Chris Ellison and Gina Rinehart have joined forces in a bid to resolve the logistics issues that have prevented the development of significant stranded assets in WA’s massive Pilbara iron ore province.

West Australian mineral sands miner Image Resources has secured access to identify and secure potential development projects outside its current portfolio with a $A24M deal to acquire Sheffield Resources’ non-core Eneabba project.

Alta Zinc is looking at the start of production in H2 2024 following the completion of an initial scoping study outlining robust economics for the redevelopment of the historic Gorno zinc-lead mine in northern Italy close to Europe’s industrial infrastructure and smelter network.

Explorer Caravel Minerals has positioned its namesake project in the WA Wheatbelt as Australia’s largest undeveloped copper project after continued drilling and a reduction in cut-off grade to reflect revised costs and higher commodity prices delivered a 53% increase in its mineral resource.

Northern Star Resources completes a series of transactions that delivered it 100% ownership of the iconic Kalgoorlie Super Pit by exercising its option to acquire the regional power business owned by former mine manager Newmont Corporation. John Feary reports

Weather issues that have delayed drilling of one of the three major deposits have forced Australian explorer 3D Resources to release a partial scoping study of the mothballed Adelong gold project in southern NSW, but the company says it’s already enough to suggest a viable project.

Entrepreneur Gina Rinehart’s Hancock Prospecting will take the lead in bringing the Mount Bevan project in Western Australia’s Central Yilgarn region to development through a $9M-plus earn-in deal with current JV owners Legacy Iron and Hawthorn Resources. By John Feary

Australian-based project developer Geopacific Resources has delayed work for up to six months at its Woodlark gold project in Papua New Guinea after delays and issues over the costs and efficiency of pre-development activities.

The impact of COVID-19 counter-measures on labour recruitment and retention in the Australian mining sector has slowed completion of global miner Rio Tinto’s Gudai-Darri iron ore mine development and forced a cut in its FY2021 export forecasts.

The unexpected strength of the recovery in rough diamond prices from the COVID-19 pandemic disruptions has enabled international miner Lucapa to boost its already-ambitious profit forecasts for the calendar year.

Definitive feasibility study supports Tietto Minerals’ expectations for the Abujar gold project to be one of the Cote d’Ivoire’s largest producing gold mines.

Mali government backs plans for Firefinch -Ganfeng joint venture to progress West Africa’s first large-scale hard rock lithium mine in the face of growing terrorist attacks.

The Gruyere gold mine, originally billed by JV owners Gold Fields and Gold Road Resources as one of Australia’s largest and lowest-cost producers, is travelling well short of its full year guidance after the latest in a series of mechanical failures.

African mineral sands producer and developer Base Resources has outlined substantial improvements in forecast production and financial returns in an enhanced definitive feasibility study for its 100%-owned Toliara project in Madagascar.

Sandfire Resources is targeting a quick transformation into one of Australia’s largest copper focused producers and a leading diversified global base metals producer with an ambitious $1.85B deal to acquire the large MATSA mining complex in Spain.

One of the Australian mining sector’s highest flyers, Raleigh Finlayson, has put his experience and expertise plus $7M funding behind a funding and restructuring plan aimed at building Genesis Minerals into a mid-tier gold company. John Feary reports

Australian-based nickel miner and processor Nickel Mines dismisses Indonesian minister’s claims of potential export tax on low-grade nickel pig iron and ferronickel exports.

New producer Venture Minerals suspends its Riley iron ore mine in Australia after just one export shipment due to the plunge in global iron ore prices.

UK-based integrated graphite value chain producer Tirupati will double the size of its portfolio in Mozambique with $12.5M agreement to acquire the Montepuez and Balama Central graphite flake projects from current owner Battery Minerals.

Pages

Mining Billboard

Insights and analysis from leading industry commentators