While it first estimated the start of gold in early 2023, Gold Fields has again confirmed a delay in the first production at its Salares Norte project in Chile, citing delays in pre-commissioning and commissioning activities. The Johannesburg company said it is now eyeing April 2024 for first gold, and it has already adjusted its whole-year volumes down to between…
Read MoreFollowing a strategic review intended to ‘preserve business value in…weak market conditions”, Core Lithium has confirmed it will temporarily suspend mining at the Grants open pit near Darwin, Northern Territory, Australia. It acknowledged the decline of spodumene concentrate, which has dropped 85% in 12 months and 50% since the end of October 2023, and noted that it will reduce its…
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Since launching in June 2020, India’s Commercial Coal Mine Auction has successfully sold 91 coal and lignite mines. Six of these mines have already started producing coal and three more are expected to begin production in a couple of months. The Ministry of Coal has so far completed seven rounds of the transparent online auction. It said the ongoing eighth…
Read MoreUcore Rare Metals has secured a multi-decade lease for an 80,800-square-foot brownfield facility on a 10.7-plus acre industrial parcel for the development of its first commercial rare earth element (REE) processing facility. Full story.
Read MoreColorado-headquartered Rare Element Resources has received a project continuation notice from the U.S. Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy for its planned rare earth processing and separation demonstration plant in Upton, Wyoming. Full story.
Read MorePrecision Pulley & Idler (PPI) is launching a new belt training device to the market with the release of the patented Return Training Bracket. Conveyor belt tracking has always been a challenge in the material handling industry, leading to the development of many belt training devices. Often these devices have proven to be ineffective or very cost prohibitive. One of…
Read MoreA group of 15 workers from a small-scale gold operation in Zimbabwe have been rescued alive after a shaft collapse, according to local media citing Mines Minister Soda Zhemu. Bloomberg and Reuters both reported that the incident occurred 5 January at the Redwing gold mine east of Harare, which is owned by Metallon Corp. Zhema, which spoke at the scene,…
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China Gold International said overall operations at its CSH gold mine in Inner Mongolia have returned to full production, effective 3 January, following slope maintenance. The Canadian-based miner reported in November that the mining rate was reduced at the end of the third quarter and into the fourth quarter in order to enhance the management and maintenance of open pit…
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On 30 December, Fortescue Metals Group had multiple rail cars derail about 150 kilometres south of Port Hedland in Western Australia’s Pilbara region. The miner said a “heat buckle” in its railway line was behind the derailment, which cut the supply of iron ore to its Western Australia operations. “No one was injured in the incident and there is no…
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Barrick Gold CEO Mark Bristow has spoken with some of First Quantum Minerals’ major investors to gauge their support for a potential takeover as the gold giant seeks to become a major copper producer, reported Bloomberg. Canadian-based First Quantum has been left vulnerable after Panama ordered the closure of its new Cobre Panama mine last month, wiping out more than…
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