AROUND THE
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New Studies Advance Nevada Copper Projects
Nevada Copper and Entrée Gold have released the results of separate project studies for work they are progressing on their respective Pumpkin Hollow and Ann Mason mine development projects near Yerington, Nevada. On November 19, 2012, Nevada Copper announced positive results for a new feasibility study for its 100%-owned Pumpkin Hollow copper project located 8 miles southeast of Yerington that...... read
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Hecla Readying Lucky Friday for Restart
Hecla Mining reported in early November 2012 that it expects to complete rehabilitation of the Silver Shaft at its Lucky Friday mine in the Coeur d’Alene district of northern Idaho by the end of the year, with production expected to resume in the first quarter of 2013. The U.S. Mine Safety and Health Administration ordered the Silver Shaft closed in January 2012 for removal of built-up material in the shaft. The order was pursuant to an investigation that followed a December 14, 2011, rock burst in the mine.... read more
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Cliffs to Reduce Iron Ore Production
Cliffs Natural Resources announced on November 19 that it is delaying portions of its Bloom Lake mine Phase II expansion in Quebec and idling some production at two of its U.S. iron ore operations, Northshore Mining in Minnesota and the Empire mine in Michigan. "These production decreases are driven by increased iron ore pricing volatility and lower North American steelmaking utilization rates," the company said. At Bloom Lake.... read
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AROUND THE
WORLD - Latin America |
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Minera Panama Selects Equipment Vendors and Plant EPC Contractor
Inmet Mining announced its 80%-owned subsidiary, Minera Panama, has selected the mine mobile equipment vendors and the detailed engineering, procurement, and construction (EPC) contractor for the processing plant for the Cobre Panama open-pit copper project in the Donoso district of Panama. Equipment supply contracts have been awarded to P&H Mining Equipment for rope shovels; Komatsu Holding…… read
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Pascua-Lama Schedule Unaffected by Stoppage Barrick reported on November 11 that it voluntarily halted pre-stripping activities on October 27 in the open-pit area of its cross-border Chile/Argentina Pascua-Lama gold-silver project after observing increased dust in the area. The dust had been exacerbated by stronger than normal winds, and Barrick halted pre-stripping to allow implementation of additional dust mitigation and control measures. Regulatory authorities in Chile subsequently issued an order to halt pre-stripping until dust-related health and safety…. read more
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AROUND THE
WORLD - Australasia |
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Koniambo Nickel Ready for Production Start
Xstrata Nickel, the industrial partner in the Koniambo nickel project in New Caledonia, announced on November 23 that construction of the first production line (Line 1) of the project’s smelter is complete. The necessary support services and operational infrastructure were undergoing pre-operational testing and commissioning. The company anticipates that the first metal will be tapped from Line 1 in January 2013. Xstrata Nickel holds a 49% interest…. read
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Rex Minerals Targeting South Australia Copper Mine Australian junior company Rex Minerals has released a prefeasibility study (PFS) for its Hillside copper-gold project on the Yorke peninsula in South Australia. The PFS describes an open-pit mine supplemented by underground mining that would produce 70,000 mt/y of copper and 50,000 oz/y of gold in a copper-gold concentrate over a minimum mine life of 15 years. Additionally, the tailings from the Hillside copper-gold circuit would be treated to recover 1.2 million mt/y of high-quality (67% Fe) iron ore concentrate …. read
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Perkoa Zinc Project to Begin Concentrate Production
Blackthorn Resources reported in November that the Perkoa zinc project in Burkina Faso would produce its first concentrate in mid- December. The project is a joint venture between Glencore International (50.1%), Blackthorn (39.9%), and the Burkina Faso government (10% free carried). It will be the first large-scale, underground, base metals mine in the country. A total of 3,655 m…. read more
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Strikes End at Anglo American Platinum
Anglo American Platinum reported on November 15 that striking workers at its Rustenburg, Union and Amandelbult operations in South Africa had accepted the terms of a company offer and returned to work. The strikes were the last to be settled among major South African precious metals producers following three months of disruptive labor disputes. Employees at Gold Fields KDC East mine had returned to work November 6, and all three Gold Fields mines in South Africa were back in production at that time.……
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Coal Exporters and Buyers Meet in Istanbul
The 32nd Coaltrans World Coal Conference was held at the Lutfi Kirdar Convention and Exhibition Center on the European shore of Istanbul, Turkey, October 14-16. The setting was impressive; overlooking a sparkling blue Bosporus reflecting a cloudless sky, the attendees gazed across at the shores of Asia, beyond which lie their hopes for the future growth of their business. Coaltrans was visiting Istanbul for the first time since 1997 and found a country transformed …. read more
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