AROUND THE
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Contango Begins Mining at Manh Choh in Alaska
Contango ORE, Inc. announced that mining operations have started at its 30% owned Manh Choh mine, located near Tok, Alaska, U.S.A. With all major contracts, bonding and permitting in place, the project remains on track and on budget to bring Contango’s 30% interest in .... read
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Lucky Friday Shaft Damaged by Ground Fall, Fire
The Hecla Mining Co. reported that a fall of ground occurred in the Lucky Friday No. 2 shaft at an unused station that was under repair. The No. 2 shaft serves as a secondary egress. While a full inspection had not occurred at the time, the company said the failure appeared to be caused by a fire that was contained and under control. Steps were being taken to ensure the fire was extinguished before normal ventilation is re-established. No personnel were in the mine at the time of the failure and the Mine Safety and Health Administration (MSHA) was notified ....read more
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UEC Acquires Uranium Exploration Projects in Saskatchewan
Uranium Energy Corp (UEC) said it has closed a purchase agreement with Rio Tinto Exploration Canada Inc. to acquire a portfolio of exploration-stage projects in the Athabasca Basin, Saskatchewan, Canada for C$1.5 million ($1.1 million). The company has acquired a 60% equity stake in the Henday Lake joint venture, 100% of the Milliken project, and a 50% equity stake in the Carswell joint venture project. With this transaction, UEC has added an additional 44,444 acres of prospective ground in the Athabasca Basin to its existing .... read
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AROUND THE
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First Majestic Sells La Parrilla to Golden Tag
First Majestic Silver Corp. has closed on its previously announced transaction to sell its past-producing La Parrilla silver mine located in the state of Durango, Mexico to Golden Tag Resources Ltd., after receiving approval from the Comisión Federal de Competencia Económica (COFECE) and the TSX Venture Exchange as well as the completion of other customary closing conditions .... read
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Cerro Verde Plans Pit Expansion
Sociedad Minera Cerro Verde is planning to close its crushing-hydro plant this year to accommodate a pit expansion, according to Manuel Aragon, manager of Cerro Verde’s shared services and Center of Excellence. Speaking at a conference organized by the Institute of Peruvian Mining Engineers, Aragon said Cerro Verde’s crushing- hydro plant will cease operations this year as the company plans to expand the pit in the area where the plant is located. The decision, he explained, was reinforced by the fact that the reserves ... read more
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AROUND THE
WORLD - Australasia |
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Albemarle to Acquire Liontown
Albemarle Corp., a global leader in lithium production, confirmed that it will be working toward the execution of a binding agreement to acquire Liontown Resources Ltd. Albemarle submitted a revised proposal for A$3 per share, which values the company at $4.3 billion on an equity value basis. The revised proposal is subject to several conditions before it would be binding, including due diligence to the satisfaction …. read
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Thiess Wins Indonesian Nickel Mining Contract
Thiess has been awarded an A$240 million nickel mining contract with PT Halmahera Sukses Mineral, marking Thiess’ second successful venture in the Indonesian nickel market this year and reflecting its capability to deliver world-class mining solutions for the metals industry. “We are excited by this new contract award, which underscores Thiess’ expertise and strong track record in the Indonesian mining industry,” Thiess Executive Chair and CEO Michael Wright said. “It reaffirms our commitment to providing safe, sustainable, and innovative …. read
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Orion Awards Trial Mining Contract for Prieska
Orion Minerals Ltd has awarded a 6-month trial mining contract to P2 Mining (Pty) Ltd. a subsidiary of South African mining contractor Newrak Mining Group to undertake the early works trial underground mining program at the Prieska copper-zinc mine in South Africa’s Northern Cape Province. The trial mining will target the +105 Level Crown Pillar, using conventional ….
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Trigon Restarts Production at Kombat Mine in Namibia
Trigon Metals Inc. announced the full restart of milling and processing at the Kombat mine. The company said it has succeeded in restarting copper concentrate production at the Kombat mine in Namibia, placing the project on track to meet commercial production targets by the end of September. On the evening of August 3, 2023, the company achieved the major milestone of turning on the mill’s crushing facility and starting the flotation circuit. The plant has been running in 3-hour bursts as the Trigon team fine-tunes the equipment .... read
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Volvo CE - Circularity in Motion
The shift towards a circular economy is key to the transition towards net zero carbon emissions. Keeping construction machines – and their parts – in action for longer, to maximise their useful life, is a core part of Volvo CE’s sustainability ambitions. Volvo CE is moving from a linear business model in which they make .... read more
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Success in Reducing Mercury Levels in Sulphuric Acid
Sulphuric acid, a staple chemical for the mining industry, is also the world’s most used chemical. According to the Statista database, the worldwide market volume for sulphuric acid is roughly 260 million metric tons (mt) per year. By 2029, it’s expected to rise to 314 million mt. So, it’s unfortunate that sulphuric acid often contains mercury, one of the most toxic substances known. Researchers at Chalmers University of Technology, Sweden, said they have now developed a method that can reduce the levels of mercury in sulphuric acid by more than 90% ....
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