Commodity 2
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June 25, 2024
Commodity
VANCOUVER, BC / ACCESSWIRE / June 25, 2024 / Faraday Copper Corp. (" Faraday " or the " Company ") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results of nine drill holes from its ongoing Phase III drill program at the Copper Creek Project, lo
Confirms Wide High-Grade Gold and Silver Oxide Mineralization on Surface Field work and sampling are providing key assay results to expand the wide mineralized zone to surface and along strike Additional continuous chip channel and reconnai
VANCOUVER, BC / ACCESSWIRE / June 25, 2024 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce that it has secured a financing package totaling US$750 million (equivalent to over C$1 billion) with Orion R
TORONTO, June 25, 2024 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“ G2 ” or the “ Company ”) (TSX: GTWO; OTCQX: GUYGF) is pleased to provide an update on the ongoing exploration program at the Company’s 27,719-acre OKO-AREMU gold project. G2 recen
June 24, 2024
June 24, 2024 (IM-Mining) - Perenti Ltd has announced that its underground mining business, Barminco, has been awarded a three-year extension of its mining services contract at AngloGold Ashanti’s Sunrise Dam underground gold mine in the Goldfields of Western Australia. The A$450 million contract is for three years commencing October 1, 2024 and includes underground development, production and mining support services. No new growth capital expenditure is required. Mark Norwell, Managing Director & Chief Executive Officer of Perenti said: “AngloGold Ashanti is one of our largest clients, and we are proud to have worked with them for the past 20 years. Perenti has an excellent track record at extending existing contracts which we attribute to our collaborative relationshi
June 17, 2024
June 13, 2024 (IM-Mining) - Wood has been awarded a contract by Newmont to enhance the Lihir gold mine in Papua New Guinea, with the contractor set to support the gold miner’s capital works program, including projects to maintain and improve the condition and performance of the Lihir operation. The new $18 million contract will see Wood provide consulting and engineering services to support and enhance the safe and efficient processing of gold across various stages of the project lifecycle at Lihir. The scope includes the delivery of concept and feasibility studies, detailed design and construction management services. Wood says it will apply its leading expertise in gold pressure oxidation and remote capital project delivery in the Indo-Pacific region to deliver t
June 17, 2024 (Australian Mining) - Thiess has extended its mining services contract with BHP Mitsubishi Alliance (BMA) for the Caval Ridge coal operations in Queensland’s Bowen Basin. Thiess first started carrying out mining services at the operations in December 2017, with the contract extending in November 2022. The contract has now been extended yet again for another four years. Worth $580 million, the contract will see Thiess continue to provide mining services at Caval Ridge, operating and maintaining mining equipment to move overburden to support BMA’s production requirements. “We are very pleased that our ongoing commitment to safe and sustainable mining has resulted in BMA awarding us a four-year extension at Caval Ridge,” Thiess Group executive chair and chief exe
June 14, 2024
Calgary, Alberta--(Newsfile Corp. - June 14, 2024) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (" WHY Resources " or the " Company ") is pleased to announce the signing of a Letter of Intent (the " LOI ") with Skemxist Solutions (" SKM ") (an Osoyoos Indian Band (" OIB ") limited partnership with the Sutherland Group of Companies (" SGC ")). The LOI contemplates the provision of road construction, site preparation, mining operations and various support services to the Company for its Record Ridge Industrial Mineral Mine (" RRIMM ") near Rossland, British Columbia. The RRIMM project contains critical minerals essential to the development of Canada's green economy and achievement of its climate change goals. It is projected to produce up to 200,000 tonnes of magnesium ore per annu
June 13, 2024
June 13, 2024 (IM-Mining) - DMC Mining Services has introduced a Sandvik DD422i development jumbo with dual controls to its flagship Victoria project in Ontario, Canada, it has confirmed. Michal Marcin Jezioro, Managing Director and CEO of DMC, said: “We are thrilled to introduce this new jumbo to our clients. This product represents a significant advancement in the mining industry, and we are honoured to be one of the first contractors in the region to offer its services. “Our team will be working closely with Sandvik to aid in the research and development of the drill, with the intention of further optimising the installation of a variety of ground support means.” DMC has been contracted to engineer, design, procure, fabricate, complete and commission the works assoc
June 12, 2024
June 12, 2024 (Australian Mining) - Golding Contractors will acquire the mining services contract, associated fleet and transfer of the employees that HSE Mining has deployed to Stanmore Resources’ South Walker Creek mine in Queensland. The transaction value of $85 million is set to be funded via NRW’s asset finance facilities, as Golding Contractors is a wholly owned subsidiary of NRW Holdings. “I am delighted that NRW has been successful in acquiring the HSE Mining assets and inventory and securing the novation of the mining services contract with Stanmore at South Walker Creek,” NRW managing director and chief executive officer Jules Pemberton said . “NRW, through our Golding and Action Drill & Blast businesses, has had a long association with Stanmore and I look forward to o
June 11, 2024
June 11, 2024 (Australian Mining) - 29Metals is one step closer to realising the expansion of its Golden Grove copper-zinc mine in Western Australia thanks to a key construction contract with MLG. MLG has been awarded a scope of works for a civil construction project to support the first stage of the construction of a tails storage facility at the project. MLG founder and managing director Murray Leahy welcomed the contract, which has been valued at $8 million. ... The works will take place over a six month period, beginning in late June 2024 where mobilisation to site is set to commence
June 7, 2024
June 7, 2024 (Australian Mining) - Rio Tinto subsidiary Richard Bay Minerals (RBM) has signed a renewable power purchase agreement with Khangela Emoyeni Wind Farm in a bid slash its annual carbon emissions. The 20-year agreement will see RBM secure 140 megawatts of wind energy from a new wind farm situated in the Western and Northern Cape Province of South Africa. Once constructed, the Khangela Emoyeni Wind Farm is expected to produce around 460 gigawatt hours of renewable energy annually. With the help of a wheeling agreement with energy company Eskom, the Khangela Emoyeni Wind Farm will power RBM’s operations located in the northern KwaZulu-Natal province. Renewable energy company EIMS Africa will be responsible for the Khangela Emoyeni project’s asset management and it’s expec
June 7, 2024 (Australian Mining) - BHP has completed 44 per cent of the Jansen potash project in Saskatchewan , Canada, all while awarding a key construction contract to an Indigenous business for the project. George Gordon Developments Limited (GGDL) and Aecon Group have entered into a partnership to form the Wicehtowak Aecon Industrial Limited Partnership (Wicehtowak Aecon LP) to deliver the wet mill area for Jansen Stage 1. The contract will also see the partnership install pre-assembled units for the construction of the wet mill, tailings, and reagents buildings. The pre-assembled units are being built at an Aecon facility in Alberta, Canada through a previously contract awarded to Wicehetowak Aecon LP. “Partnerships are about mutual vision and mutual determination to prov
Toronto, Ontario--(Newsfile Corp. - June 7, 2024) - Gowest Gold Ltd. (TSXV: GWA) (" Gowest " or the " Corporation ") announced today that it has entered into a toll milling agreement (the " Toll Milling Agreement ") with Northern Sun Mining Corp. (" Northern Sun "), pursuant to which Northern Sun will mill and process ore produced from Gowest's Bradshaw mine at its Redstone mill located in Timmins, Ontario. The Toll Milling Agreement has an initial term expiring one year from the date of the commencement of the milling services to be provided by Northern Sun thereunder. Pursuant to the Toll Milling Agreement, Gowest will pay Northern Sun's operating and capital costs to process the Bradshaw ore plus a fixed processing fee per tonne. The milling arrangements under the Toll Milling Agreemen