| AROUND THE
WORLD - USA & CANADA |
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Premier Pours First Gold
Ascot Resources poured first gold at the Premier mine on April 20, 2024. The commissioning process at Canada’s newest gold mine, located on Nisga’a Nation Treaty Lands in the Golden Triangle of northwestern British Columbia, is well underway. “The first gold pour is a hallmark commissioning milestone for Ascot, representing the culmination of years of hard work .... read
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BLM Introduces Conservation Rule
The U.S. Bureau of Land Management (BLM) published a Conservation and Landscape Rule. The agency said the new rule will establish the policy for the BLM to build and maintain the resilience of ecosystems on public lands in three primary ways: protecting the most intact, functioning landscapes; restoring degraded habitat and ecosystems; and using science and data as the foundation for management decisions across all plans and programs. The rule establishes a definition of “conservation” that encompasses both protection ....read more
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Mining Permit Approved for Carolina Lithium
The North Carolina Department of Environmental Quality’s (NCDEQ) Division of Energy, Mineral, and Land Resources (DEMLR) has issued an approval of the mining permit for the construction, operation, and reclamation of the proposed Carolina Lithium project in Gaston County, North Carolina. DEMLR provided the permit approval following a thorough review of the application submitted by Piedmont on August 30, 2021. “This is an exciting day for all of us at Piedmont Lithium,” said Keith Phillips, president and CEO, Piedmont Lithium. He thanked the .... read
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| AROUND THE
WORLD - Latin America |
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Pan American Sells La Arena to Zijin
Pan American Silver Corp. announced that it will sell La Arena SA, owner of the La Arena gold mine as well as the La Arena II project in Peru, to Jinteng (Singapore) Mining Pte. Ltd., a subsidiary of Zijin Mining Group Co., for $245 million in cash upfront and a contingent payment of $50 million. “With the sale of La Arena, we continue to deliver on our strategy of .... read
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Chile Opens Lithium Bidding to Private Investors
During the Cesco Week 2024 conference in Santiago, Chile, Chilean Minister of Mining, Aurora Williams, together with her Economy counterpart, Nicolás Grau, announced that the bidding rules are now available for private investors interested in the exploration and exploitation of lithium. The specific invitation from the Chilean Government is to “express interest in participating in projects related to the exploration, exploitation and downstream processing of lithium contained in salt flats or other types of deposits in Chile.” “We hope that they ... read more
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| AROUND THE
WORLD - Australasia |
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Western Australia’s Westgold and Karora to Merge
Westgold Resources Ltd. and Karora Resources Inc. have agreed to combine in a merger where Westgold will acquire all shares of Karora. Both companies are Western Australian gold miners. Westgold produces 220,000 to 230,000 ounces per year (oz/y) and Karora’s 2024 guidance is 170,000 to 185,000 oz/y. Karora shareholders will receive …. read
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Australia to Invest in Geologic Mapping
Speaking in Perth, Australian Prime Minister Anthony Albanese said Western Australia is front and center when it comes to the future agenda for economic growth. He announced that the Commonwealth will provide A$566 million ($372 million) over 10 years to map the whole of Australia. “No state will benefit from that more than Western Australia,” Albanese said. “We’ll provide this funding for Geoscience Australia in next week’s budget. This is a long-term project that we need to start now. It’s rather extraordinary that we haven’t …. read
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Sibanye Stillwater Announces Restructuring Plan for Southern Africa
Sibanye-Stillwater said it is discussing with its employees a proposed restructuring plan for its South African gold operations and its services functions for the southern Africa region. The company said an ongoing group business review has identified a need to address losses at the Beatrix 1 shaft, which has been unable to deliver ….
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Orion Reaches Final Stages of Okiep Acquisition
Orion Minerals Ltd. said it has taken another key step in its strategy to become a leading diversified international base metals producer as it reaches the final stages of its acquisition of a controlling interest in the Okiep copper project (OCP), located in South Africa’s Northern Cape Province. The Industrial Development Corp. of South Africa Ltd (IDC), which is a strategic funding partner in the OCP, has now obtained its internal approvals and counter- signed the addenda to the agreements pursuant to which Orion will acquire the controlling .... read
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| AROUND THE WORLD - This Month in Coal |
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Mt Arthur South Drills a Million Meters Autonomously
Mining contractor Thiess recently celebrated a milestone at BHP’s Mt Arthur South mine in New South Wales, Australia. They have drilled more than 1 million meters autonomously using a fleet of three Cat MD-series drills running with the Cat MineStar Command Autonomous Drill System. WesTrac Technology Solutions Manager Nakia Brewer .... read more
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Orion Reaches Final Stages of Okiep Acquisition
Whitehaven Coal reported that all conditions precedent has now been satisfied to complete its acquisition of the Daunia and Blackwater metallurgical coal mines and all the shares in South Blackwater Coal Pty Ltd from the BHP Mitsubishi Alliance (BMA). The acquisition will essentially double Whitehaven’s production profile, transforming it into a leading metallurgical coal producer. The transaction was completed on April 2, 2024. Whitehaven will pay $2 billion to BMA, which is the balance of the upfront consideration, together with ....
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Rio Tinto appointed Bold Baatar to the role of chief commercial officer (CCO) to lead the group’s commercial and business development activities globally. He succeeds Alf Barrios, who has decided to retire.
Newmont Corp. named Francois Hardy as its chief technology officer (CTO). He will join the company’s executive Leadership Team and lead the technical work across the business to improve operational performance and drive growth. Hardy takes over from interim CTO Dean Gehring, who also served in a dual role as Newmont’s chief integration officer. Newmont said Gehring will leave the company in early July..
Michael Michaud, senior vice president, exploration and resources, for Wesdome Gold Mines Ltd. will step down in July, to pursue another opportunity within the precious metals sector. The company said it will immediately begin a search for a replacement.
Marc-Simon Schaar has been appointed CFO for Outokumpu. He has been working with Outokumpu since 2011 in senior roles and as a member of the leadership team since 2023. Based in Helsinki, Outokumpu is a leader in stainless steel production.
Jon Cherry has accepted the position of president and CEO of Perpetua Resources. He replaces Laurel Sayer, who announced retirement plans after leading the company through the permitting process for seven years.
North American lithium producer Sayona Mining Ltd. named Dougal Elder as its new CFO. Since joining Sayona in September 2022 as finance manager, the company said he has made a significant contribution to the company’s evolution from a developer to a lithium producer. 
James F. Howe has been appointed president of Motion. He previously served as the executive vice president and chief commercial and technology officer, where he played a pivotal role in shaping Motion’s corporate trajectory.
Arman Bagdasarian, president of Epiroc’s Parts & Services Asia Pacific (APAC) division, will leave to pursue a career outside the Group. Jodie Velasquez, vice president, controlling and finance parts and services, has been appointed acting president for the division, while the company searches for a new president.