Gold Road Resources Limited has completed the Pre‐Feasibility Study (PFS) for the development of its 5.62 million ounce5 (Moz) Gruyere Project, located 200 kilometres east of Laverton in Western Australia. The completion of the PFS included detailed economic analysis and further technical work building on the findings of the first stage Options Study which determined that the best go‐forward case was a large‐scale open‐pit mine utilising a conventional 7.5 Mtpa SAG/Ball Mill Circuit gravity/carbon‐in‐leach processing facility, powered by a pipeline‐supplied, gas‐fired power generation plant. The full PFS confirms the Project as one of Australia’s best undeveloped gold deposits and indicates…
Doray Minerals Limited has successfully achieved another milestone in its plans to become a multi-mine high-grade gold producer with the recent commencement of open pit mining at the Company’s Deflector Gold Project. Doray’s open pit contractor, MACA Ltd recently completed the first blast in the Deflector open pit and has commenced open pit mining operations during February, as forecast. Doray’s Managing Director, Allan Kelly, said the commencement of open pit mining represented another significant milestone in the rapid development of the Deflector Project and came less than a year after completing the takeover of Mutiny Gold in March 2015. “We…
The Department of Environment and Heritage Protection issued a final environmental authority (EA) for Adani’s Carmichael Mine project on 2 February 2016 with approximately 140 conditions, including 9 conditions relating to the black throated finch as required by the Land Court. The EA application was vigorously assessed by EHP and acted on recommendations made by the Land Court. EHP is confident the strict conditions placed on the EA, including extra requirements based on the Land Court’s recommendations, will ensure this mine will not pose an unacceptable risk to the environment and any potential impacts will be closely monitored. The project…
One of Victoria’s most productive gold mines, Fosterville Gold Mine near Bendigo, has reached a major milestone by extracting its millionth ounce of gold from the current operation. Minister for Energy and Resources Lily D’Ambrosio joined the mine’s operator, Newmarket Gold Inc, to unveil a plaque on site of the Fosterville Gold Mine to celebrate the achievement. At today’s prices, a million ounces of gold is worth approximately $1.6 billion. Fosterville Gold Mine employs 400 people and boosts the local economy by $90 million a year through wages and sourcing goods and services regionally. The Fosterville mining operation is also…
Leading mining and civil construction firm BGC Contracting Pty Ltd has been awarded a five-year contract extension with Cliff Natural Resources at its Koolyanobbing Iron Ore Project in Western Australia. The current mining contract, previously due to be completed in 2017, will be extended through to 2022, and is valued at more than $520 million. Under the contract, BGC Contracting will continue to provide the full range of mining services, including drilling, blasting, loading, hauling, dumping, crushing, screening and train load-out. BGC Contracting CEO Greg Heylen said the contract extension was recognition of the Koolyanobbing team’s ability to meet Cliffs’…
Newmont Mining Corporation (NYSE: NEM) have announced plans to expand its Tanami operations in Australia by building a second decline in the underground mine and additional plant capacity. The expansion project is expected to add incremental gold production of approximately 80,000 ounces per year and decrease Tanami’s all-in sustaining costs by five to ten percent in the first five years of production. It will open access to two million ounces of profitable production and extend mine life by three years. The project will also create a platform for exploration drilling to support future growth. Recent exploration results demonstrate the potential…
Commissioning of the first gas generators is underway ahead of schedule in the power station at the Tropicana Gold Mine in Western Australia following early completion of the 293 kilometre Eastern Goldfields Pipeline (EGP). Constructed by APA Group (APA) under long-term agreements signed with AngloGold Ashanti Australia Ltd in July 2014, the pipeline is delivering natural gas to AGAA’s Sunrise Dam gold mine, 55 km south of Laverton, and to Tropicana (AGAA 70% and manager, Independence Group NL 30%), 330 km east-northeast of Kalgoorlie. Construction of the pipeline began in March this year and delivery of gas was scheduled to…
Rio Tinto will invest C$105 million to modernise its Port-Alfred Port Facilities in Saguenay, Quebec, Canada. The investment will improve the safety and efficiency of receiving and unloading operations for raw materials used to produce aluminium at Rio Tinto's operations in the region. In order to adapt the infrastructure to the dimensions of modern vessels, a new platform will be built at the end of the Duncan wharf to facilitate docking. The Powell wharf will also be redeveloped to receive and unload alumina. This work includes the addition of a new unloading system, the dismantling of part of a warehouse…
Anglo American's has announced that its Unki platinum mine in Zimbabwe has been assessed against the Initiative for Responsible Mining Assurance’s (IRMA) comprehensive mining standard, achieving the IRMA 75 level of performance. The Unki underground mine was the first in the world to publicly commit to be independently audited against the IRMA Standard for Responsible Mining in 2019 and is both the first mine in Africa and the first producing platinum group metals operation to complete the audit. Chief Executive of Anglo American’s Platinum Group Metals business, Natasha Viljoen, said Anglo American has a longstanding commitment as a leader in…
Rio Tinto has reached an agreement with Landsvirkjun on an amended power contract that will allow the ISAL aluminium smelter in Iceland to continue operating with an improved competitive position. The agreement will deliver a more competitive power price and energy flexibility that is mutually beneficial for both ISAL and Landsvirkjun. Rio Tinto Aluminium Chief Executive, Alf Barrios, said the company is pleased to have reached an agreement on a power price that, coupled with improved efficiencies the company has delivered at the site, makes ISAL more competitive. “This provides a stronger footing to continue operations at the smelter and…
Lepidico Ltd’s proposed Phase 1 Project involves the development of an integrated lithium mine and concentrator in Namibia along with the development of a chemical conversion plant to be built within the Khalifa Industrial Zone Abu Dhabi (KIZAD). Today, the company announced the Preliminary Environmental Review (PER) for the Phase 1 Chemical Plant site within the KIZAD has been approved by the Environment Agency – Abu Dhabi (EAD). The Phase 1 Chemical Plant is designed to process 56,700 tonnes per annum (tpa) (dry basis) of lithium mica/amblygonite concentrate at a feed grade of up to 4 per cent Li2O for…
Australian Strategic Materials Ltd (ASM) has advised that the Korean Institute of Rare Metals (KIRAM) has successfully produced and tested two kilograms of pre-sintered permanent magnets from ASM’s high-purity neodymium-iron-boron (NdFeB) powder from its pilot plant in Korea. KIRAM’s testing provides a strong indication that ASM’s NdFeB alloy is suitable to produce rare earth permanent magnets that are commercially in demand. This certification is further validation of ASM’s strategy to become an independent, fully integrated 'mine to manufacturer' producer of critical metals. ASM’s Managing Director, David Woodall said the excellent support and collaborative work between the Ziron Tech and KIRAM…
USA-focused diversified explorer, Hawkstone Mining Limited has announced spectacular high-grade results from the Devil’s Canyon Gold Project in Nevada, USA. The results follow the completion of further rock sampling, structural mapping and airborne UAV (drone) magnetics at the project, which is located in the highly prolific Carlin trend that has produced in excess of 195 million ounces of gold. A total of 37 rocks samples (DC015-52) were collected as both outcrop and float, focused on extending areas of known mineralisation together with reconnaissance prospecting along prospective trends and targets identified from previous sampling and geological interpretations. Anomalous rock samples were…
DeepGreen Metals, which is exploring for deep-ocean polymetallic nodules as a lower impact and more cost-effective alternative to terrestrial mining, has announced an upward revision to the nodule resource reported within the NORI-D exploration contract area held by its subsidiary, Nauru Ocean Resources, Inc. The nodule resource is now estimated as 4 megatonnes (Mt) measured, 341Mt indicated and 11Mt inferred mineral resources. As countries invest in large-scale clean energy transition programmes and begin to phase out internal combustion engines, securing the minerals required to build batteries for storing renewable energy and powering electric vehicles is vital. According to some academic…
