Polymetals Resources said concentrate production is underway at its Endeavor silver-zinc mine in New South Wales. First shipments of zinc concentrate are planned for early July with silver-lead concentrate to follow. “Bringing the substantial Endeavor mine back to life over these past nine months at modest cost has been both challenging and rewarding for all involved,” said Polymetals Executive Chairman…
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Evolution Mining has received the final regulatory approval for its Cowal gold operations’ open pit continuation project, which will extend open-pit mining at the New South Wales site until at least 2042.
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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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The New South Wales Resources Regulator has prohibited Wollongong Resources’ Russell Vale Colliery to mine coal due to ongoing safety concerns, reported ABC News. The Mining and Energy Union told the news service that there have been at least five significant frictional ignition events at the underground mine in the past eight months. “The prohibition notice will remain in place…
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Evolution Mining said it has entered into a binding agreement to acquire an 80% interest in the Northparkes copper-gold mine in New South Wales, Australia, from CMOC Group. Sumitomo Metal Mining and Sumitomo Corp. will retain their 20% stake in the joint venture. “The acquisition of Northparkes represents a unique opportunity to add another quality asset to our portfolio, strengthening…
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Australia’s New South Wales Environmental Protection Authority (EPA) is starting a new investigation into Newcrest Mining’s Cadia mine over dust and pollutant emissions, its second probe in a year for the gold operation. Full story.
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Gold miner Newcrest has partnered with Ericsson and Telstra Purple to deploy a private 4G LTE and 5G trial network for the underground operations of its Cadia Valley operations in New South Wales. Full story.
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In a move to combine two of the top senior gold producers, U.S.-based Newmont has submitted a non-binding proposal to acquire 100% of the issued share capital of Australian peer Newcrest Mining by way of a scheme of arrangement. If successful, it would be the largest mining takeover and the third-largest corporate buyout in Australian history, according to Refinitiv data.…
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Australia’s biggest coal exporting state is set to finalise an order that will require all miners to save up to 10% of their production for domestic supply, as part of efforts to curb soaring energy costs, reported Reuters. Full story.
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Newcrest’s Cadia Holdings has selected CIMIC and its CPB Contractors arm for the recommissioning of the Cadia tailings storage facility near Orange, New South Wales, Australia. Full story.
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