Latin Metals has entered into a binding letter agreement with Atlantic Metals, a wholly owned subsidiary of Moxico Resources, a private copper miner. Under the terms of the agreement, Latin Metals granted to Moxico the option to earn a 75% interest in its Esperanza and Huachi copper exploration projects in San Juan Province, Argentina, through staged cash payments in the…
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G Mining Ventures reported that a fatality has occurred at its Oko West gold project in Guyana. The death was related to a road incident involving a contractor, which occurred on October 13. “We are deeply saddened by the tragic accident,” said President and CEO Louis-Pierre Gignac. “Our sincere condolences and support are with our colleague’s family, friends and coworkers…
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Ero Copper’s Tucumã operation is without power following a localized and severe windstorm in the Carajás Mineral Province in Pará State, Brazil, but positively reports no injuries to its workforce. Executive David Strang said there was also no infrastructure damage from the October 5 storm. “The regional power grid, including the main 230kV transmission line servicing the region, sustained damage…
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Miner Rio2 said its Chilean subsidiary, Fenix Gold, has received the principal sectorial permits it requires to begin construction at its Fenix gold project in the Maricunga Gold Belt of the Atacama Region, Chile. “The team at both Rio2 and Fenix Gold have done a great job in obtaining these permits, which will allow the company to complete its debt…
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The Chilean government has selected six priority areas, Reuters reported, for new lithium extraction projects to be led by private companies. The country’s mining minister said on 26 September that, this month, it will begin talks with Indigenous communities near those areas. Those forms’ proposals will be due 31 December, according to Mining Minister Aurora Williams. The agency told the…
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One person has reportedly died after a new attack on a mine owned by Poderosa, one of Peru’s largest gold miners, it said 25 September, while another was injured in the melee. According to a Reuters report, Poderosa said the fresh attack by “criminals” linked to illegal mining in the region took the list of a security guard that was…
Read MoreAt Colombia’s Carbones Del Cerrejón mine, which faces periods of extreme heat and humidity, a Hitachi EX3600-6 excavator has surpassed expectations, clocking over 100,000 hours of operation — far exceeding its anticipated lifecycle. Achieving this milestone is rare, with less than 1% of machines reaching such limits, yet the Cerrejón mine accomplished it through a robust preventative maintenance strategy. Assembled…
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The Copper Mark announced two more Peruvian mining sites have earned the distinction as the country takes a major step toward assured responsible production. In Peru, five mine sites have achieved The Copper Mark: Mine Justa (Marcobre), Cerro Verde (Freeport-McMoRan), Condestable (Southern Peaks Mining), and ), Cuajone and Toquepala (Southern Peru Copper). In addition, the Ilo smelter unit at Southern…
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G Mining Ventures has declared commercial product at its Tocantinzinho gold mine in Para state, Brazil, both on time and on budget, in less than two years. During August 2024, the mill operated at 76% of nameplate throughput, processing a total of 304,312 ore tonnes (9,817 t/d) at a recovery rate of 88%. Tocantinzinho is engineered to have a 10.5-year…
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G Mining Ventures has received the operational licenses for its Tocantinzinho gold project in the State of Pará, Brazil – the last remaining permitting milestone for commercial operation. The miner said the project remains on time and budget for commercial production in the second half of 2024. “This final step in the regulatory approval process for [Tocantinzinho] is a testament…
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