A rockfall at the underground Ballarat gold mine, northwest of Melbourne, Australia, on 13 March, has left one miner dead and another in serious but stable condition. The two workers were performing an air legging technique about 3 kilometres underground when they were pinned by falling rocks. Twenty-eight other miners that were also working in the mine made it to…
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Canadian-based, Mexico-focused Luca Mining said testing of the final equipment to complete construction of its Tahuehueto underground gold mine is almost finished. Full story.
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Western Australia-based miners Red 5 and Silver Lake Resources have entered into a merger of equals, creating a diversified gold producer with a significant ore reserve and mineral resource inventory of 4 million ounces and 12.4 million oz., respectively. Under the terms of the transaction, Red 5 will acquire 100% of the shares in Silver Lake and each Silver Lake…
Read MoreContractor Perenti has secured extensions for a trio of contracts in Australia, Ghana and Burkina Faso worth a total of A$420 million. The contract extensions include a 12-month, $125 million contract extension to continue underground development and production works at the Gold Fields Agnew underground gold mine as well as a 12-month, $180 million contract extension at the AngloGold Ashanti’s…
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Barrick Gold said it has begun recommissioning the Porgera gold mine in Papua New Guinea following the formal completion of a commencement agreement. Porgera, an open pit and underground gold mine, has been in care and maintenance since April 2020. Barrick said it anticipates mining and processing to restart in the first quarter of 2024. The equity in the mine…
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Following an agreement on new ownership structure, Barrick Gold announced that its Porgera mine in Papua New Guinea will resume operations this month with first gold to be poured in Q1 2024. “It’s been a long journey but in the process we have secured the buy-in of all the stakeholders and we look forward to steering the mine back to…
Read MorePerenti Limited and its UMA joint venture African Underground Mining Services (AUMS) has been awarded a new five-year, A$630 million deal for work at the Newmont Subika underground gold mine in Ghana. Under the terms of the contract, which is effective from 1 January 2023, Perenti will perform all underground development and production activities, diamond drilling and associated support services…
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Australian junior miner White Rock Minerals has re-commissioned the gold processing plant at its Morning Star underground gold mine in Victoria and is once again recovering gold concentrate. Read full article.
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