Golconda kicks off mining at Princeton Top

Golconda Gold has commenced mining at, and delivered its first ore to the processing plant, from Princeton Top, a key step in its development plan to significantly increase production at its Galaxy gold mine in South Africa.  “The commencement of mining at Princeton Top is ahead of schedule and is a testimony to our hard-working team at Galaxy,” said Nick…

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Hochschild achieves commercial production at Mara Rosa

Precious metal miner Hochschild Mining has reached commercial production at its Mara Rosa gold operation in Goias, Brazil. The milestone was met 13 May. During this month, the Mara Rosa processing plant operated at an average throughput of approximately 90% of its nameplate capacity of 7,000 tonnes per day and exceeded 80% average recoveries. The ramp-up is on schedule to…

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Cerrado takes first gold at Las Calandrias

Cerrado Gold has poured its first gold from its new heap leach gold production project at the Las Calandrias area in Argentina. Mining and stacking operations are at planned capacity, and gold production is expected to steadily increase as the retention period for the stacked ore is reached, allowing the project to reach design capacity during the third quarter of…

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Colombia establishing national mining company 

The Andean nation of Colombia is reportedly finalising a launch of a national mining company and a new state-owned mining company as royalties rise in the region. The government’s National Mining Agency (NMA) told Reuters last week that Colombian president Gustavo Petro has vowed to reform the mining sector, focusing on critical minerals for the energy transition, like copper. While…

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Zijin strikes gold with Rosebel deal

Mid-tier gold miner IAMGOLD Corp. has entered into a definitive agreement with Zijin Mining to sell its 95% interest in Rosebel Gold Mines N.V. for cash consideration of US$360 million and release of its equipment lease liabilities amounting to $41 million.  Rosebel holds a 100% interest in the Rosebel gold mine and a 70% participating interest in the Saramacca mine,…

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Galantas gets going underground at Omagh

The Omagh project in Northern Ireland has commenced its first series of stopes, officially kicking off production at the operation, confirmed owner Galantas Gold. Said to be the territory’s first gold mine, Omagh has begun longhole drilling, with installation of the secondary egress from the 1,096 to 1,052 level in the final stage of completion. It is projected to be…

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Polymetal marks first concentrate at Nezhda

Right on schedule, Polymetal has confirmed that construction and commissioning have been completed and first concentrate production has been recorded at the Nezhda gold-silver operation in northeast Yakutia, Russia. The milestone was met on Oct. 16, two weeks ahead of its Nov. 1 target. The mine is now ramping up the concentrator with a target date for nameplate capacity of…

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