Decmil Group Limited was recently awarded a $30.6m contract with BHP Billiton Iron Ore to design and construct a warehouse hub at Kingsford Business Park, Port Hedland, Western Australia. The facility will consist of a 12,000m2 warehouse and 35,000m2 sealed hard standing area. Construction is expected to commence in May 2016 and adds to Decmil’s long history of providing non process infrastructure to the West Australian mining sector.
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…
Rio Tinto will soon commence planning for the wind-down of operations and the eventual closure of New Zealand Aluminium Smelters (NZAS) following the conclusion of its strategic review which highlighted that the business is no longer viable given high energy costs and a challenging outlook for the Aluminum industry. As a result, NZAS has given Meridian Energy Limited notice to terminate the power contract, which will end in August 2021, when the wind-down of operations is expected to complete. The strategic review concluded that the smelter, which has made Rio Tinto an underlying loss of NZ$46m in 2019, is not…
Norwegian-based international energy company, Equinor, is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen to Humber Saltend (H2H Saltend), provides the beginnings of a decarbonised industrial cluster in the Humber region, the UK’s largest by emissions. H2H Saltend supports the UK government’s aim to establish at least one low carbon industrial cluster by 2030 and the world’s first net-zero cluster by 2040. It also paves the way for the vision set out by…
Following the recently completed resource estimation for the Santa Comba tungsten and tin project in Spain, Rafaella Resources Limited has updated the mineral resource estimate for the project by 103 per cent. The increase demonstrates the outstanding potential of the Project and underpins the mine plan and feasibility studies currently underway. The company intends to recommence drilling numerous prospects once the feasibility study is completed to add both tonnage and grade to feed the future expansion of the project. Rafaella’s Managing Director Steven Turner said the resource update significantly increases the level of confidence in the Santa Comba Project and…
Rio Tinto, Turquoise Hill and the Government of Mongolia have reached an agreement on the preferred domestic power solution for Oyu Tolgoi that paves the way for the Government to fund and construct a State-Owned Power Plant at Tavan Tolgoi, Mongolia. The agreement, which is a revision of the Power Source Framework Agreement (PSFA) signed in 2018, states that the parties will work towards finalising a Power Purchase Agreement by the end of March 2021. In addition, the amended PSFA sets a proposed timetable for development, with the construction of the coal-fired power plant set to begin no later than…
Anson Resources Limited is planning to commence exploration on its uranium and vanadium lodes claims at its Yellow Cat Project in Utah, USA. The 85 Lode claims, which were pegged by the company in 2019, form a prospective exploration land package for both uranium and vanadium rich mineralisation which covers an area of 708 hectares. Anson advised that a recent review of historical drilling programs at Yellow Cat identified high-grade uranium and vanadium mineralisation results. They noted that the 38 per cent increase in uranium spot price recorded over the past three months, together with high-grade historical results and recent…
Mineral exploration and development company, Kodal Minerals plc, has provided an update on the progress of the Bougouni Lithium Project Mining Licence application in Mali and an update on its gold exploration properties in Mali and Cote d'Ivoire. The Bougouni Project covers an area of 350km2 and is located approximately 180km south of Bamako, the capital of Mali, and benefits from established infrastructure via a sealed road from Bamako. According to Kodal, the Feasibility Study accompanying the Mining Licence application has been accepted by the Ministry of Mines and Petroleum of Mali. The Ministry of Mines and Petroleum confirmed that no…
Equinor (formerly Statoil and StatoilHydro) and SSE Renewables, the two companies behind the world’s largest offshore wind farm Dogger Bank, have just revealed plans to build a new Operations and Maintenance Base at the Port of Tyne in the UK. The Dogger Bank Wind Farm is a 50:50 Joint Venture between Equinor and SSE Renewables. Construction of the wind farm, led by SSE Renewables, officially commenced in January 2020 and as operator for the operations phase, Equinor will construct this new Operations and Maintenance base, and operate the wind farm for its expected life of more than 25 years. The overall wind farm comprises three…
