Commodity 2
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July 2, 2024
Commodity
July 2, 2024 (Source: Triton Minerals Limited ) Triton Minerals Limited (ASX: TON) (“Triton”or “theCompany”) is pleased to announce that it has executed a binding memorandum of understanding to divest 70% of its interests in the entities tha
First ore to Kipushi concentrator achieved on May 31; first concentrate produced on June 14 Kipushi sets 2024 production guidance at between 100,000 and 140,000 tonnes of zinc in concentrate Kipushi zinc production capacity to average 278,000 t
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 2, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (" Steppe Gold " or the " Company ") is pleased to provide an update on the pending transaction to acquire all of the issued and outstan
- Boron One Applies for Exploitation Field Approval - VICTORIA, BC / ACCESSWIRE / July 2, 2024 / Boron One Holdings Inc. ("Boron One", the "Company") (TSXV:BONE), a company committed to the decarbonization of Planet Earth through the responsibl
July 2, 2024 (Australian Mining) - True North Copper (TNC) has commenced clearing activities and blast hole drilling at the Wallace North deposit that sits within the Cloncurry copper project (CCP) in north-west Queensland. TNC’s personnel is set operate the dry hire equipment at Wallace North, most of which is already on-site. The company is currently recruiting for the operations team, which is close to finalisation, with a supportive technical team already in place for when mining begins. Dewatering of Wallace North’s pit area is already well advanced, with all blast hole drilling expected to be in dry holes. Leading TNC during this next phase of operations is newly appointed managing director Bevan Jones, who commenced his role on June 10. “We have commenced mining
June 30, 2024
June 30, 2024 (Source: Anglo American) Anglo American has suspended production at its Grosvenor steelmaking coal mine in Queensland, Australia, following an underground coal gas ignition incident on 29 June 2024. All emergency protocols were followed and the workforce was safely evacuated from the mine without injury. The mine team is working with specialist teams from the Queensland Mines Rescue Service and the regulatory authorities to extinguish the underground fire, prior to being able to assess the steps towards a safe re-entry into the mine. These procedures are expected to take several months as a result of the likely damage underground. Anglo American’s steelmaking coal business expects to produce c.8 million tonnes of product in
June 28, 2024
June 28, 2024 (Source: Stanmore Resources Ltd.) A decision has been taken to start the necessary steps to cease operations at the Mavis Underground from the end of June and complete the transition by the end of 3Q 2024. The Company has decided to start the steps to cease operations at the Mavis Underground project following a comprehensive strategic review. This review determined that, given its relatively short mine life, the Mavis Underground project has proven to be uneconomic under current market conditions and coal prices, with comparatively higher costs driven among other reasons by the challenging ramp up and lower production volumes achi
June 27, 2024
June 27, 2024 (Source: Vale S.A.) Following the announcements made on April 3 and April 15 , 2024, Vale informs that it has reached agreements with the Pará State General Attorney's Office and the Pará State Environment Secretariat (SEMAS), approved by the Supreme Court (STF), under the Center of Consensual Conflict Resolution, aimed at reinstating the operating licenses for the Onça Puma and Sossego mines. The respective licenses are expected to be reinstated within 48 hours by the environment authority. After that, Vale will proceed with the operational resumption processes as soon as possible. The Company will also commence the implementation of socio-environmental measures in accordance with the terms and conditions defined between the parties
June 24, 2024
WHITEHORSE, Yukon, June 24, 2024 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) announces that, this morning, the heap leach pad (“HLP”) at the Eagle Gold Mine in Yukon experienced a failure. Operations are temporarily suspended while the site operations team along with management continue to assess the situation and gather information. At this early stage, it can be confirmed that there has been some damage to infrastructure and a portion of the failure has left containment. There have been no injuries to personnel associated with the incident. The Company will provide further information as it becomes available. Qualified Person The technical content of this news release has been reviewed and approved by Paul D. Gray, P.Geo., who is a “Qualified Pers
June 20, 2024
June 20, 2024 (Australian Mining) - Mineral Resources (MinRes) will cease Yilgarn Hub iron ore shipments by December 31 following a comprehensive viability assessment. According to the major miner, the decision was influenced by a combination of factors, including limited remaining mine life and significant capital cost associated with the Western Australian site. MinRes is working with those employed at the site to find redeployment opportunities across its operations, with MinRes executive leaders and in-house mental health counsellors on site to discuss the change and redeployment process. “This prudent but difficult decision was not taken lightly and follows years of investment to extend the life of our operations in the Yilgarn,” MinRes managing director Chris Ellison s
TORONTO , June 20, 2024 /CNW/ - 1911 Gold Corporation ("1911 Gold" or the "Company") (TSXV: AUMB ) (OTC: AUMBF) is pleased to provide an update on the strategic plans for the advancement of the True North Mine, including 43-101 mineral resource estimate update, located within the prolific Rice Lake property in southeastern Manitoba, Canada . Project Update Resource Model Quality: Completed a detailed review of the current Mineral Resource geological model and confirmed the integrity of the geological interpretation. Drill Hole Data Review: Completed a review of the True North drill hole data, identifying areas where information is required but confirming its integrity and accuracy. Mineral Resource Estimate: Completed validation of the current Mineral Resource Estimate
June 19, 2024
June 19, 2024 (Australian Mining) - Whitehaven Coal is transitioning its Werris Creek coal mine in New South Wales into the next stage of its rehabilitation. Werris Creek has sat comfortably in Whitehaven’s open-cut portfolio since 2005, producing high-quality thermal coal and maintaining its position as the company’s lowest-cost producer. The site has delivered over 26 million tonnes of coal during Whitehaven’s tenure, with last coal extracted in April and the final train set to depart the site by the end of June. Werris Creek operations manager Murray O’Keefe praised the high standards set by Whitehaven’s personnel over a near-two decade run. “The 150-strong workforce at Werris Creek has been integral to our continued success at the site and has reaffirmed why our
VANCOUVER, BC , June 19, 2024 /CNW/ - Taseko Mines Limited (TSX: TKO ) (NYSE MKT: TGB) (LSE: TKO) ("Taseko" or the "Company") announced today that the union representing workers at its Gibraltar Mine has now ratified the previously announced tentative agreement. The new agreement will be in place until May 31, 2027 . Gibraltar workers have been recalled and mining operations and milling in concentrator #2 are restarting today. Concentrator #1 will remain idle while the crusher relocation project and other scheduled maintenance is being completed. Stuart McDonald President and CEO No regulatory authority has approved or disapproved of the information contained in this news release. Caution Regarding Forward-Looking Information This document contains "forward-looking stat
June 16, 2024
June 16, 2024 (Source: Reuters) June 16 (Reuters) - Serbian President Aleksandar Vucic is preparing to give Rio Tinto the green light to develop Europe's largest lithium mine two years after Belgrade called off the project, the Financial Times said on Sunday. Vucic told the newspaper that "new guarantees" from the global mining giant and the European Union looked set to address Serbia’s concerns over whether necessary environmental standards would be met at the Jadar site in the west of the country. .... "If we deliver on everything, (the mine) might be open in 2028" Vucic told the FT, adding that the mine was projected to produce 58,000 tons of lithium per year which would be "enough for 17% of EV production in Europe — approximately 1.1 million cars.
June 13, 2024
Toronto, Ontario--(Newsfile Corp. - June 13, 2024) - Strategic Minerals Europe Corp. (Cboe CA: SNTA) (FSE: 26K0) (OTCQB: SNTAF) (" Strategic Minerals ") and IberAmerican Lithium Corp. (Cboe CA: IBER) (OTCQB: IBRLF) (" IberAmerican "), jointly announce that the Superior Court of Xustiza of Galicia (the " TSXG ") has upheld on appeal its decision to suspend (the " Decision ") the section C permit for Strategic Minerals' Penouta tin-tantalum mine in Spain (the " Penouta Project "). The Decision of the TSXG relates to a complaint filed by an environmentalist group known as "Ecoloxistas en Acción" against the local mining authority, Xunta de Galicia (the " Xunta "), requesting a revocation of the section C permit granted to Strategic Minerals in May 2022. Strategic Minerals and IberAmerican re