Australian-based exploration company Askari Metals has signed a binding heads of agreement with LexRox Exploration Services to acquire a 90% interest in the advanced Uis lithium-tantalum-tin project in west-central Namibia. As part of the agreement, Askari will pay $100,000 in cash within five business days and issue $1.05 million worth of shares within seven days of settlement. The transaction is…
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Permit approved for Hochschild Mara Rosa plant, pre-stripping
Hochschild Mining has confirmed it has been granted a key environmental permit authorization for the construction of a processing plant at its Mara Rosa gold project in the Goiás state, Brazil, along with mine pre-stripping activity. The Goiás state’s environmental authority the State Secretariat for the Environment and Sustainable Development (SEMAD)’s permit also allows construction of all the required site…
Read MoreSinkhole stops operations at Lundin’s Minera Ojos del Salado
Officials from Chile’s National Geology and Mining Service agency Sernageomin has ordered the suspension of operations at Lundin Mining’s Minera Ojos del Salado complex after a sinkhole developed at the Alcaparrosa underground copper mine, part of the Candelaria operation. The sinkhole, which has most recently measured 50 meters in diameter and 200 meters deep but appears to be stable, has…
Read MoreWestgold puts shine on Fender
Westgold Resources confirmed the start of operations at the newest mine in its portfolio, Fender, near Cue in Western Australia. Read full article.
Read MoreEpiroc closes acquisition of JTMEC
After first announcing its intentions on 29 April, OEM Epiroc has completed its takeover of Australian electrification infrastructure supplier JTMEC. Read full article.
Read MoreAtico nabs EIA approval for La Plata VMS project
Latin America-focused Atico Mining has received approval of the Environmental Impact Assessment for the construction and operations of its high-grade La Plata VMS project in Ecuador. The La Plata project plan consists of a 900-t/d underground mining operation with state-of-the-art infrastructure, including a filtered tailings facility – a first of its kind in Ecuador. This technology, already used at Atico’s…
Read MoreABB to power, automate Gold Fields’ Salares Norte
Gold Fields has entered an order with ABB to bring a power and automation system to its remote Salares Norte project in the Atacama Desert of northern Chile. The scope of the work includes six electrical rooms and an integrated digital system based on ABB’s Ability 800xA distributed control system (DCS) and will serve to help the mine’s location and…
Read MoreBardoc brings in GR for plant build
Bardoc Gold, developer of a project of the same name in Western Australia, has selected GR Engineering Services as its preferred contractor for the building of the site’s processing facility. Read full article in The Asia Miner.
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