Canadian-based, Mexico-focused Luca Mining said testing of the final equipment to complete construction of its Tahuehueto underground gold mine is almost finished. Full story.
Read MoreTahuehueto approaches final commissioning: Luca Mining
Tag: gold mine
SSR idles Çöpler
U.S.-based SSR Mining has confirmed the suspension of operations at its Çöpler gold mine in Turkey following a heap leach pad slip. The company, which confirmed the slip was large but offered no further details on damage or injuries, said the incident occurred 12 February during the morning hours. No information is yet available on a restart timeline. Çöpler, 80%…
Read MoreBrazil seeks to annul gold mine contract
Brazilian federal prosecutors asked a judge to annul a contract between Canadian miner Belo Sun Mining and Brazil’s land rights agency to build a gold mine in the Amazon rainforest, reported Reuters. The news agency said prosecutors back the right of families living in settlements near where the Volta Grande mine would be built to be consulted on the project…
Read MoreRed 5, Silver Lake form mid-tier gold company
Western Australia-based miners Red 5 and Silver Lake Resources have entered into a merger of equals, creating a diversified gold producer with a significant ore reserve and mineral resource inventory of 4 million ounces and 12.4 million oz., respectively. Under the terms of the transaction, Red 5 will acquire 100% of the shares in Silver Lake and each Silver Lake…
Read MoreSteppe Gold acquiring Boroo Gold
Mongolia’s top gold producer is about to be formed with the acquisition of Boroo Gold by Steppe Gold, the latter announced 22 January. Steppe officials said it has entered into a binding term sheet creating a producer in Mongolia with a near-term production target of 200,000 ounces per year, including the committed ATO Gold Mine Phase 2 expansion. Boroo Gold…
Read MorePerenti scores millions in Oz, Africa deal extensions
Contractor Perenti has secured extensions for a trio of contracts in Australia, Ghana and Burkina Faso worth a total of A$420 million. The contract extensions include a 12-month, $125 million contract extension to continue underground development and production works at the Gold Fields Agnew underground gold mine as well as a 12-month, $180 million contract extension at the AngloGold Ashanti’s…
Read MoreSupreme Court rejects Pebble Mine case
The U.S. Supreme Court has declined to hear a case by Alaska to revive a proposed copper and gold mine in the state’s Bristol Bay region, reported the Associated Press. The Environmental Protection Agency rejected the mine proposal last year citing potential impacts on the aquatic ecosystem. Full story.
Read MoreFifteen trapped Zim miners rescued alive
A group of 15 workers from a small-scale gold operation in Zimbabwe have been rescued alive after a shaft collapse, according to local media citing Mines Minister Soda Zhemu. Bloomberg and Reuters both reported that the incident occurred 5 January at the Redwing gold mine east of Harare, which is owned by Metallon Corp. Zhema, which spoke at the scene,…
Read MoreOperations restart at CSH gold mine
China Gold International said overall operations at its CSH gold mine in Inner Mongolia have returned to full production, effective 3 January, following slope maintenance. The Canadian-based miner reported in November that the mining rate was reduced at the end of the third quarter and into the fourth quarter in order to enhance the management and maintenance of open pit…
Read MoreSaudi mining company discovers gold
Saudi Arabian Mining Company (Ma’aden) has discovered multiple gold deposits south of its existing Mansourah-Massarah gold mine in the central region of the Middle Eastern country, indicating the potential for expansion, reported Reuters. Ma’aden said that the finds, along a 100-kilometer (62-mile) strip, were the first from an exploration program launched in 2022. Samples taken indicated the presence of high…
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