Artemis Gold has confirmed the commissioning of the grinding circuit at the Blackwater Mine in British Columbia, Canada. Company officials said it commenced milling first ore the week of January 22. It is still targeting first gold pour prior to month-end, but at press time January 29 had not confirmed the milestone. Blackwater is planned to be a conventional open…
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Chile: Sernageomin launches public tailings platform
The National Geology and Mining Service (Sernageomin) officially launched its innovative public tailings platform, a digital tool that centralizes and facilitates access to information on tailings deposits nationwide. Currently, Chile has a total of 795 tailings deposits, distributed as follows: 53 in a state of abandonment, 128 active, 12 under construction, 1 under review and 601 inactive. This platform is…
Read MoreVale mulls sale of Thompson operations
Brazilian miner Vale said its subsidiary Vale Base Metals has initiated a strategic review to explore and evaluate a number of alternatives, including the potential sale, of its mining and exploration assets in Thompson, Manitoba. The Thompson review is part of a process to optimize Vale Base Metals’ asset base, with a view to ensuring the competitiveness of its integrated…
Read MoreWorkers remain trapped in Peru gold mine
Search efforts are still underway for as many as 17 workers still trapped at a small gold mine in northern Peru. The operation, according to Reuters, was allegedly attacked by suspected illegal miners on 12 January that may have been the workers’ rivals. Segundo Armas, mayor of the Pataz district in the region of La Libertad, did not confirm the…
Read MoreRio2 advancing Fenix gold mine
Canadian-based Rio2 Limited is making strides at its Fenix gold mine in the Maricunga Gold Belt of the Atacama region of Chile. Pre-construction activities first commenced in 2022, prior to the Environmental Impact Assessment (EIA) for the project being rejected by the Chilean environmental regulators. Those activities included ordering and securing of long lead items for the construction of the…
Read MoreSummit Minerals to acquire Mundo Novo
Australian-headquartered Summit Minerals has confirmed it has inked a binding letter of intent to acquire the Mundo Novo niobium-rare earth-phosphate project in Brazil. The deal is pending due diligence approvals as well as a greenlight from company shareholders. The former is expected to be completed within the next 60 days. “This investment is driven by strong long-term demand linked to…
Read MoreHudbay Minerals to invest millions in Constancia
Canadian miner Hudbay Minerals is reportedly planning on a US$210 million investment in its Constancia copper mine in Peru, which will see an expansion of the pit, new processing equipment, and increasing the height of the tailings dam wall. The miner expects to begin the works in the fourth quarter of 2025. The mine’s life remains unchanged and is expected…
Read MoreRio Tinto investing big in Rincon
Rio Tinto has approved an earmark of $2.5 billion to expand the capacity of its Rincon lithium project in Argentina to 60,000 tonnes per year. Rincon is the company’s first commercial-scale lithium operation; that capacity is comprised of the 3,000-tonne starter plant and 57,000-tonne expansion plant. Rincon’s mine life is expected to be 40 years, with construction of the expanded…
Read MoreVale restarts operations at Capanema
Photo: Léo Lopes Vale has begun commissioning its Capanema project, located 80 kilometers from Belo Horizonte in Minas Gerais, Brazil. Part of its Marianna complex, the project is set to strengthen the miner’s iron ore production by 15 million tons annually. “We are resuming operations at the Capanema mine with safer, more efficient and sustainable practices. Capanema will produce sinter…
Read MoreVale closes Brazil transaction with Anglo American
Vale announced it has fulfilled all conditions precedent in its partnership with Anglo American, where the company has acquired a 15% equity interest in Minas-Rai mine complex owner Anglo American Minério de Ferro Brasil. Considering the closing of the transaction, Anglo American will now own the Serra da Serpentina assets previously owned by Vale in Brazil. Under the terms of…
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