AROUND THE
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Thompson Creek Commissioning Mount Milligan
Thompson Creek Metals reported in early August that mill commissioning was under way and progressing on schedule at its Mount Milligan open-pit copper-gold project approximately 90 miles northwest of Prince George in central British Columbia. The primary crusher and conveyor had been commissioned, the coarse ore stockpile had been bedded, and the mine was positioned to deliver ore to the crusher. First ore feed to the plant occurred in mid-August, and concentrate production was expected to begin soon thereafter. All of the concentrator grinding and flotation circuits...... read
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Jansen and Legacy Projects Remain in Play after Uralkali Rattles the Potash Market
Russia-based Uralkali’s July 30 announcement that it would no longer have Belarusian Potash Co. manage its export potash sales and that it was adopting a corporate strategy emphasizing volume over price rattled potash markets and sparked a rash of reports in the business press and comments from market analysts regarding the likely future direction of the industry. In particular, questions were raised regarding the future of BHP Billiton’s Jansen potash project and K+S AG’s Legacy potash project, both in Saskatchewan, Canada. K+S responded on August 6 with a discussion of potash market developments posted on its website.... read more
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Allied Nevada Defers Hycroft Mill Construction
Allied Nevada announced in early August that it is deferring construction of a mill that would operate in parallel with its current heap leach operations at its Hycroft mine 54 miles west of Winnemucca, Nevada. The company will continue metallurgical test work to optimize the mill flowsheet, and when that work is complete, a revised, third-party feasibility study will be undertaken to assess how the mill project will be developed. The company will continue to work on finalizing the environmental permits necessary to operate the mill. As a result of the decision to defer mill construction and focus.... read
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AROUND THE
WORLD - Latin America |
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Trevali Begins Concentrate Production at Santander
Trevali Mining reported in mid-August the start of production of zinc and lead-silver concentrates at the Santander mine in Peru. The crushing, transfer, grinding, flotation, and tailings circuits were all operational and undergoing commissioning and optimization. As part of the commissioning process, the mill was processing stock-piled mineralized feed during day-shift and fine-tuning the plant and optimizing the reagent schemes and run criteria following each run during the subsequent night-shift as required. The company had 156,945 mt of mineralized material grading 4.9% zinc, 1.2% lead, 0.22% copper, and 1.5 oz/mt silver available for commissioning. The plant is ramping-up to its planned 2,000-mt/d throughput…… read
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Iamgold Reaches New Power Agreements for Rosebel
Iamgold announced in early August conclusion of new agreements with the Republic of Suriname regarding power rates that will support current and future operations at the company’s Rosebel gold mine and contribute to the development of power infrastructure in Suriname. "The challenge for Rosebel has been the transition of its existing operations to process harder rock at the current power rate of 20 cents/kWh," said Iamgold executive VP and COO Gord Stothart. "There have been two important developments that allow Iamgold the potential to access more soft rock…. read more
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AROUND THE
WORLD - Australasia |
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Vista Reports PFS and Reserve Increase for Mount Todd
Vista Gold has reported positive results for a new preliminary feasibility study (PFS) of its Mount Todd open-pit gold project in Northern Territory, Australia. The PFS evaluates two development scenarios: a 50,000-mt/d base case that develops more of the Mount Todd resource and generates a larger net present value (NPV) and a smaller, higher-grade, 33,000-mt/d alternate case that focuses on maximizing return and operating…. read
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AngloGold Ashanti Starts Commissioning at Tropicana
AngloGold Ashanti reported on August 1, that it has started commissioning the Tropicana gold project 330 km east-northeast of Kalgoorlie, Western Australia. The project is owned 70% by AngloGold Ashanti Australia and 30% by Independence Group NL. AngloGold Ashanti Australia is the project manager. The Tropicana project was running somewhat ahead of schedule, with initial gold production expected before the end of September. As of August 1, the tailings storage facility was complete, and the operating team had been mobilized on site. Initial grade control results …. read
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Sagittarius Revising Approach to Tampakan
Sagittarius Mines Inc. (SMI) announced in mid-August that it is taking a new approach to the Tampakan copper-gold project in the Philippines to allow it to focus on key challenges facing the project. The project is operated by SMI, whose 40% controlling equity is a joint venture between Glencore Xstrata (62.5%) and Indophil Resources NL (37.5%). The 60% non-controlling equity shareholders are Tampakan Mining Corp. and Southcot Mining Corp., known as the Tampakan Group of Companies. The Tampakan project is located on the southern Philippine island of Mindanao, approximately 40 km north of General Santos City. It is situated on the boundaries of four provinces—South Cotabato, Sarangani, Sultan Kudarat and Davao del Sur….
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Doubling of Capacity Nearly Complete at CSH Gold Mine
China Gold International Resources Corp. has completed construction of a new 30,000-mt/d crushing system and a new adsorption-desorption-refining plant as key components of a project to double throughput capacity at its CSH gold mine in Inner Mongolia. As of August 1, construction of new heap leaching facilities was progressing according to the schedule, and the company was expecting the first gold to be poured at the new plant in the fourth quarter of 2013. As set out in the 2012 mine expansion feasibility study, processing capacity at the CSH mine is expected to double…. read
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Labor Strife Threatens South Africa’s Gold Mines
The National Union of Mine Workers (NUM), which represents 64% of a workforce of about 140,000 at South Africa’s gold mines, on August 24 issued an ultimatum to mining companies to meet its demands for pay increases of up to 60% or face strike action on August 31. Centralized bargaining that began July 11, with the Chamber of Mines representing the mining companies, made essentially no progress through late August, with the mining companies’ offer of an increase edging up from 4% to about 6.5% and the NUM standing pat at its demands for 60%. As of Wednesday, August 28, when this article was being written, NUM was expected to give the gold producers a 48-hours’ strike notice on Friday, with work stoppages to begin from the night shifts on Sunday or the morning shifts on Monday…. read more
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Ivanplats Initiates New Development Study for Kamoa
Ivanplats announced on August 5 that Hatch Ltd., South Africa, has been contracted to undertake a new study to help set the stage for cost-effective development of an underground mine and processing plant at the company’s Kamoa copper project in Katanga province, Democratic Republic of the Congo (DRC). The NI 43-101-compliant study is expected to result in the declaration of the first mineral reserves at Kamoa and to describe an appropriately phased approach to achieving first production and progressive expansion. Ivanplats is currently proposing two principal……
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Australia Approves EIS for China First Thermal Coal Project
Waratah Coal’s proposed $6.4-billion China First coal mine and infrastructure development in Central West Queensland has received an approval for its Environmental Impact Statement (EIS) from the state’s coordinator general. Brisbane-based Waratah Coal, owned by Clive Palmer, plans to build a thermal coal mine in the Galilee Basin coal region near Alpha, west of Emerald, as part of its China First project. The mine would be linked to a new coal terminal at Abbot Point near Bowen by a new 453-km standard gauge, heavy-haul railway line. Palmer said establishing the mine and associated infrastructure will create 6,000 jobs during construction and 2,460 jobs during …. read more
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UMWA Ratifies Patriot Agreement
Patriot Coal miners represented by the United Mine Workers of America (UMWA) recently ratified five-year labor agreements. "Ratification of these agreements provides labor stability and ensures cost savings essential to Patriot's plan of reorganization," said Patriot President and CEO Ben Hatfield. "These agreements should set Patriot on a path to emerge from bankruptcy by the end of 2013." A motion seeking authorization to enter into these agreements was filed with the bankruptcy court in St. Louis, Missouri, USA. Judge Kathy Surratt-States granted Patriot’s request to …. read more
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