Turquoise Hill confirms that the Oyu Tolgoi LLC board of directors has approved a bridging budget of $75 million to continue critical activities at the Oyu Tolgoi underground mine development project in southern Mongolia. The approval reflects the progress made during recent negotiations between Turquoise Hill, the Mongolian government and Rio Tinto about the expansion of the Oyu Tolgoi copper-gold…
Read MoreNorthern Star will soon own more power after buying Newmont’s power business from its Australian division for US$95 million. The move comes after the former paid $25 million for a 50% interest in Kalgoorlie Consolidated Gold Mines (KCGM), which afforded it the option to obtain the business from Newmont. Northern Star now has a sale agreement with Newmont Australia to…
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Australian miner Nickel Mines Limited said that first nickel pig iron from the Angel nickel project in Indonesia, will be ready long before its target date of October 2022 – it is now focusing squarely on the first quarter of the new year.
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Nickel 28 has confirmed the restart of the Ramu cobalt and nickel operation in Papua New Guinea (PNG) by its operating partner, Metallurgical Corporation of China, after a temporary suspension to curb the rising spread of COVID-19 in the region. View full article from The Asia Miner.
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Alltype Engineering has been selected by Lynas Rare Earths to erect and install a rotary kiln at its rare earths processing plant in Kalgoorlie, Western Australia. Read full article from The Asia Miner.
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A joint venture headed up by engineering firm Fluor has been contracted to build and install a grinding mill at the PT Freeport Indonesia’s Grasberg copper and gold complex in Papua, Indonesia.
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OceanaGold has achieved a major milestone at its Didipio gold-copper operation in the Philippines: the official commencement of processing. Read the full article from The ASIA Miner here.
Read MoreProcess technology group FLSmidth has been retained by Indian miner Hindustan Zinc for the design and supply of the main process equipment cross-flowsheet for its concentrator plant. Read full article from The Asia Miner.
Read MoreRio Tinto, BHP and Fortescue have agreed to partner and fund innovative, industry-first learning programs as part of a continued commitment toward providing mining sector workplaces that are free from sexual harassment, bullying and racism. Read full article from The Asia Miner.
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Almonty Industries said the development of the road and river diversion project continues at the Sangdong Mine site in South Korea. Both pieces of infrastructure are rated accordingly under the developer’s ESG (environmental, social and governance) program for a 100-year event. Read full article from The Asia Miner.
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