G Mining Ventures has received the operational licenses for its Tocantinzinho gold project in the State of Pará, Brazil – the last remaining permitting milestone for commercial operation. The miner said the project remains on time and budget for commercial production in the second half of 2024. “This final step in the regulatory approval process for [Tocantinzinho] is a testament…
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Oslo-based and Ethiopian-focused gold producer Akobo Minerals said 27 June it has completed the construction of its processing plant and has kicked off commissioning activities for the new facility. Work on the tailings storage facility (TSF) and diesel infrastructure is now done, along with electrical work and piping at the site. Working alongside Universal Power Africa and Solo Resources, it…
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Commercial production has been declared at Red 5’s King of the Hills gold operation in the Eastern Goldfields region of Western Australia as its mining and processing has reached a steady state. Read article.
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Glencore will soon own 43.75% of the MARA project in the Catamarca province of Argentina after entering an agreement to acquire Newmont’s 18.75% shareholding. Under the terms of the deal, Glencore will pay Newmont $124.9 million upon closing and a $30 million deferred payment upon commercial production subject to an annual interest charge of 6%. Total deferred consideration is capped…
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SilverCrest Metals has confirmed that its consultant partner, Ausenco Engineering Canada, has wrapped up construction work on the Las Chispas processing plant in Sonora, Mexico, and has handed it over to the miner for commissioning ahead of schedule. Read full article.
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Trigon Metals, owner of the Kombat processing plant in Namibia, confirmed that the refurbishment of the facility is now mostly complete, with first flotation copper concentrate commissioning commenced.
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