Saudi Arabia’s Ministry of Industries and Mineral Resources said it issued 84 new mining licenses in the month of June, reported The Saudi Gazette. The licenses issued during the month included 51 exploration licenses, 26 building materials quarry licenses, three surplus mineral ores licenses, and two exploitation licenses. Two licenses were also for reconnaissance purposes. For the first six months…
Read MoreMetso Outotec has signed a contract to deliver key process technology to Almalyk Mining and Metallurgical’s MOF3 Copper-Gold-Molybdenum concentrator complex in Almalyk, Uzbekistan. The planned capacity of the plant, which is situated next to the Yoshlik-1 deposit, is 60 million tonnes per annum. The scope of delivery consists of the basic engineering, manufacturing, and supply of equipment, including HIGMill regrinding…
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After more than 10 years of dispute, Barrick Gold has come to a deal in principle with the governments of Pakistan and the province of Balochistan to restart the Reko Diq gold and copper project. The project, which will now be held by Barrick and Pakistan stakeholders in a 50%-50% split, has been on idle status since 2011 due to…
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