Gold miner Evolution Mining has received approval from the New South Wales Department of Planning, Housing and Infrastructure on the Cowal gold operations’ open pit continuation. A development consent was granted for the continuation of open-pit mining with extension of the E42 pit and subsequent development of three new open pits, and continuation of ore processing at a rate of…
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Hummingbird Resources has reached commercial production at its Kouroussa gold operation in Guinea and has now turned its attention to optimising mining operations, plant throughput, and feed grade to achieve steady-state production over the coming months. Company officials said that the mine’s average production over the last month has been about 1,900 ounces, a little below the miner’s targeted 2,000-2,500…
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Alkane Resources announced the firing of the first stope blast at the Roswell deposit at its Tomingley gold operations in central New South Wales – marking the transition from ore development to production. The first stope is planned for 23,000 tonnes of ore at an average grade of 5.2 g/t gold. Roswell is a higher-grade orebody developed by Alkane to…
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Australian gold miner Ramelius Resources has ended discussions to buyout Canadian-based, Western Australia-focused Karora Resources, reported Reuters. “Following its usual disciplined due diligence process, Ramelius advises that no final agreement, including on value, was reached,” the company said. The news agency said a local report estimated the transaction value to be between A$700 million and $1 billion. Karora Resources, which…
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Producer Nordgold has brought new power to its Lefa mine, one of the largest gold operations in Guinea, with the launch of a new 33-megawatt power plant. The US$30 million project was designed and constructed by Chinese manufacturer and service company SUMEC, part of the China National Machinery Industry Corporation (SINOMACH). The heavy fuel oil (HFO) facility replaces a prior…
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Australian gold group Karora Resources has appointed Bevan Jones as its chief operating officer for Australia. Jones, who will oversee day-to-day operations country-wide, is replacing a retiring Graeme Sloan. The company said it will continue to benefit from Graeme’s input as he will remain a member of senior management as an advisor. Jones is a 27-year industry veteran, with positions…
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