Freeport Indonesia has completed the construction work on its new copper smelting plant – the world’s largest single-line smelter, it said – and has commenced commissioning of the Gresik, East Java facility. The Smelter Manyar project, with a price tag of about $3.7 billion (Rp 60 trillion), is targeting copper cathose production in the coming months as it ramps up…
Read MoreLynas Rare Earths’ Lynas Malaysia arm has confirmed it is targeting 2025 for first production of two separated heavy rare earths products, producing – for the first time – separated dysprosium (Dy) and terbium (Tb). The production will complement its existing light rare earths product range. “Dy and Tb are both essential to high performance rare earth permanent magnets used…
Read More
PT Freeport Indonesia (PTFI) recently said it launched delivery of its first-ever shipment of copper concentrate to its new smelter in the Java Integrated Industrial and Port Estate (JIIPE) special economic zone (KEK) in Gresik, East Java Province. The delivery from the Amamapare Port in Mimika Regency, Central Papua Province, arrived 14 June. The new PTFI smelter began operating this…
Read More
Global miner OceanaGold has confirmed an employee of its Didipio gold-copper mine in Luzon, Philippines, was fatally injured on 21 June. The unnamed individual was found unresponsive on the ground in the vicinity of the paste plant and was unable to be revived. Mine operations were voluntarily suspended for 24 hours to allow for the workforce to be informed of…
Read More
India’s Ministry of Coal launched the 10th round of its Commercial Coal Mining auctions on 21 June as it moves to enhance domestic coal production and ensure energy security for the nation. The latest auction round includes 60 blocks, encompassing a diverse range of coking and non-coking coal mines. Among these mines, 24 are fully explored, while 36 are partially…
Read More
Wood said it has been selected by Newmont to serve as a consultant and engineer for the miner’s Lihir gold mine in Papua New Guinea. The $18 million deal includes engineering and support services as well as enhancing safety and efficiency in processing across varied stages of Lihir’s project lifecycle. It also will back Newmont’s capital works program, which includes…
Read More
Barrick and its joint venture partner Zijin Mining, both of which own the Porgera gold mine in Papua New Guinea (PNG), have made a financial contribution to support the communities of the region following a landslide in the mine’s neighboring community of Mulitaka. The contribution of US$1 million, or Kina 3.8 million, is not the only help the miners have…
Read More
Freeport Indonesia has raised its output guidance to 3.78 million metric tons for the year as it awaits an extension of its copper concentrate export permit, reported Reuters. Deputy CEO Jenpino Ngabdi said the output target was lifted assuming the permit extension is approved, which the government has promised. The miner also raised its 2024 refined copper output target to…
Read More
Korean-based Trident Global Holdings has acquired the rights to three significant rare earth element mines in Vietnam, and is planning to develop all of them in collaboration with the Hung Hai Group. Trident, which will also undertake processing of these mines, said it is planning to secure the manpower, capital, technology, equipment, and other support for them as it plans…
Read More
China Gold International Resources Group has resumed the second phase of processing plant operations at its Jiama copper-gold polymetallic operation in Tibet following an approval from the region’s government. The restart was marked 30 May; Jiama had been suspended since 27 March 2023 due to a tailings overflow at the Guolannggou dam. During the stoppage, the company actively carried out…
Read More