Commodity 2
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November 21, 2024
Commodity
November 20, 2024
November 20, 2024 (Source: Akobo Minerals AB) OSLO, 20 November 2024 — Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO) a Scandinavian-based Ethiopian gold exploration and mining company, in collaboration with the Ethiopian government, proud
Highlights: Mine plan optimized with reduced strip ratio bringing additional 78k ounces of palladium, 34k ounces of Platinum and 2M lb of Copper in the first 3 years Estimated $190M in additional payable revenues 1 and operating cost benefi
TORONTO , Nov. 20, 2024 /CNW/ - 1911 Gold Corporation ("1911 Gold" or the "Company") (TSXV: AUMB ) (OTC: AUMBF) is pleased to report an updated underground Mineral Resource Estimate ("MRE") for the True North Gold Project, located within the C
In the presence of the President of Ghana, Akufo-Addo, and the Chinese Ambassador to Ghana Tong Defa, a ceremony was held recently on November 8 to mark the commissioning and first gold pour at Shandong Gold’s Cardinal Namdini gold project, which is
RG Global Ltd says it has been awarded multiple contracts with existing clients across Asia Pacific, four of which are related to mining. The value of the new works secured is A$700 million ($457 million), which includes: A five-year term contract for maintenance services associated with the continuous enhancement of Bauxite Residue Disposal Area embankments as well as other civil services with South32 at the Worsley Alumina bauxite and alumina refinery operations in the south- west region of Western Australia (WA). The contract will commence immediately; A five-year term contract for asset integrity services with Glencore at its Murrin Murrin mining operations in the Goldfields region of WA. The contract has now commenced; Mine site infrastructure contract for earthworks and civil co
November 19, 2024
In a significant step towards sustainable mining in Africa, Eramet Grande Côte, a subsidiary of the France-based multinational mining and metals company Eramet, and South Africa’s JUWI Renewable Energies have reached financial close on a €30 million ($31.5 million) off-grid solar photovoltaic (PV) and battery storage solution for the mine in Diogo, Senegal. The 20 MWp solar and 11 MWh battery project will provide clean energy to meet 20% of the mine’s energy needs, reduce carbon emissions by 25,000 t/y, and create over 100 jobs during its construction and maintenance phases. The off-grid hybrid installation, among the largest in Senegal, will reduce the mine’s reliance on heavy fuel oil, improve production stability and align with Eramet’s global decarbonisation strategy
Ceibo, a clean copper extraction technology company, and Glencore’s Lomas Bayas copper mine, have entered into a partnership to deploy Ceibo’s proprietary leaching technologies that enable a more effective extraction of copper from low-grade sulphides. Lomas Bayas has validated Ceibo’s technology and is moving toward scaling up to assess this as an alternative to extend the life of the mining operations. This partnership follows two years of testing by Glencore, an important contributor to Chile’s position as the world’s largest copper producer. Under the terms of the memorandum of understanding, Ceibo’s technology will scale up with on-site testing through the Lomas Lab, a Glencore world-scale test site, and the company’s research and development branch. This agreement opens a significa
November 18, 2024
November 18, 2024 (Australian Mining) - Macmahon Holdings will continue providing underground mining services to Vault Minerals’ Daisy Milano gold mine in Western Australia. Daisy Milano is part of the Mount Monger gold operations in the Kalgoorlie region of WA. Mount Monger produced 19,583 ounces (oz) of gold in the September 2024 quarter, and its sales equalled 20,627oz at an all-in sustaining cost of $2785/oz. Macmahon has been providing underground mining services at Daisy Milano since it acquired the contract earlier this year from Pit N Portal, which was owned by independent mining equipment rental business Emeco. Daisy Milano was owned by Silver Lake Resources at the time, which has since merged with Red 5 to become Vault Minerals
TORONTO, ON / ACCESSWIRE / November 18, 2024 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX)(the " Company " or " PPX ", including its Peruvian subsidiaries) is pleased to announce the subscription of a contract with JPC EC for the construction of leaching tanks for the 350 tn. per day beneficiation plant that the Company started to build at the Igor Project in La Libertad, Peru. The agreement specifies the construction and assembly of seven 23'x 20' agitation tanks, one 23'x 20' oxidation tank, and two detoxification tanks. JPC EC completed the plant's engineering in 2023-2024 to secure environmental and construction permits. With extensive experience in assembling these tanks, JPC EC has been developing industrial projects focused on mining in Peru since 1993. The construction of the leachin
November 13, 2024
The Weir Group PLC has been awarded contracts to supply its WARMAN® slurry pumps and CAVEX® hydrocyclones to Teck’s Highland Valley Copper (HVC) Mine Life Extension (MLE) project in British Columbia, Canada. Teck’s Highland Valley Copper Mine Life Extension Project aims to extend the mine’s operational life by enhancing existing site infrastructure, addressing the growing demand for copper driven by the transition to a low-carbon future. The project is expected to yield approximately 1.95 Mt of additional copper over its lifespan
November 7, 2024
TORONTO , Nov. 7, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC ) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce a series of changes and developments meant to improve operational oversight, improve mining operations, advance the Kurmuk project towards operations and improve corporate governance. These include management and board appointments, awarding the mining contract for Kurmuk to a reputable international contractor, as well as consolidating mining activities in Mali and Cote d'Ivoire operations under the same well experienced and well capitalized contractor. These changes are all positive steps towards securing the long-term success of the Company. After conducting an exhaustive and competitive process, the Company is pleased to announce its decision t
November 5, 2024
VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) is pleased to announce its operating and financial results for the three and nine months ended September 30, 2024. Management will host a conference call tomorrow, Wednesday, November 6, 2024, at 11:30 a.m. eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. ... The Caraíba Operations To support accelerated development rates, the Company intends to engage an additional contractor in Q4 2024
November 4, 2024
Terramin Australia Limited says Western Mediterranean Zinc Spa (WMZ), the operator of Tala Hamza zinc project, in Algeria, has signed an engineering, procurement and construction contract with Sinosteel Equipment & Engineering Co. Ltd for the construction of the project. The scope of the EPC Contract covers the construction of the following: 2 Mt/y process plant; 2 Mt/y underground mine; Backfill plant; General civil works; Dry stack tailing storage facility; Water ponds and wastewater treatment plant; Road works (including access road) within the mining permit; Electrical supply infrastructure within mining permit; Various workshops, offices and laboratory; and Security fencing The EPC contract has been signed off at a value of $336 million and the funding arrangements for t
October 29, 2024
October 29, 2024 (International Mining) - Westfill Pty Ltd is pleased to announce the award of a two-year underground mining contract with Vault Minerals , previously Silverlake Resources, for the Rothsay mine, in the southern Murchison region of Western Australia. The contract encompasses both development and production activities, focusing on extracting mineralised ore from narrow sub-vertical structures. Operations at Rothsay commenced on September 17, and the award of the contract is testament to the solid relationship between Westfill and Vault Minerals, Westfill says. Westfill Managing Director, Ashley Morcombe, said: “We are very excited to take on our first full principal mining services contract with Red5 (now Vault Minerals after the merger with Silverlake