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 (Australian Mining) - Alkane Resources is looking to expand key infrastructure at its Tomingley gold operation in central-west New South Wales. The gold major plans to increase Tomingley’s production to above 100,000 ounces of gold per year while also expanding the site’s plant to a nominal 1.5 million tonnes per annum. “The underground at Roswell has begun production, and we expect to produce over 70,000 ounces of gold next year,” Alkane managing director Nic Earner said . “The paste plant and the flotation/regrind circuit are under construction with commissioning expected later this year.” Alkane blasted the first production stope at its Roswell deposit in April, marking the next milestone in extending Tomingley
June 20, 2024
VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce an initial Inferred Mineral Resource Estimate for the Springbok Zone, the southernmost shoot of the recently discovered Antelope deposit, located approximately three kilometers (“km”) south of the Otjikoto Phase 5 open pit at the Otjikoto Mine in Namibia. All dollar figures are in United States dollars unless otherwise indicated. Highlights Initial discovery to commencement of a Preliminary Economic Assessment (“PEA”) in under two years The Antelope deposit, comprised of the Springbok Zone, the Oryx Zone, and a possible third structure, Impala, subject to confirmatory drilling, was discovered in 2022 following deep d
TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report on the progress at the Fox Complex, where we are advancing a new mine on the Stock Property. Production is planned to start in the second half of 2025. Pre-construction activities of the Stock portal have commenced , which will allow access to mining of the three gold zones, West, Main and East. In addition, the portal will provide cost-effective underground drill platforms to enable testing for expected depth extensions of these three zones. Recent exploration resulted in a 29% increase in the estimated gold resources for Stock’s East Zone. The Fox Complex is comprised of several properties, including Stock, and has Measured and Indicated gold resources of 1,905,000 ounces
June 19, 2024
Toronto , June 19, 2024 /CNW/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM ) ("Agnico Eagle" or the "Company") is pleased to provide an update on the Detour Lake mine, located in Ontario . The Company has recently completed an updated mineral reserve and mineral resource estimate ("MRMR") and an updated life of mine plan (the "2024 Life Of Mine Plan" or the "2024 LOMP") for its Detour Lake mine as at March 31, 2024 . The 2024 LOMP builds on the Company's previously filed technical report on Detour Lake (2021) as well as the mine plan update released by the Company in July 2022 (the "2022 LOMP") (see the Company's news release dated July 27 , 2022). The 2024 LOMP updates the open pit mine production profile and incorporates updated costing. The
Santa Cruz Graphite Mine Highlights: Final payment of land purchase for Phase 1 Plant and Operations. Approval of the Definitive Mining Licenses For Phases 1, 2 & 3. All mining and environmental licenses/permits are approved and in-hand for the future phased, modular expansion of Santa Cruz graphite production up to 50,000 tonnes/year. Phase 1 construction is on schedule for substantial completion by the end of June 2024 followed by a 6-week plant commissioning and ramp-up period. Commercial sales are planned to start in September 2024. Name plate production capacity is expected to be reached in Q4 2024. VANCOUVER, BC / ACCESSWIRE / June 19, 2024 / South Star Battery Metals Corp. (" South Star " or the " Company ") (TSXV: STS )(OTCQB: STSBF ) is pleased to announc
June 17, 2024
June 17, 2024 (Australian Mining) - Tennant Mining has commenced construction of its Nobles Nob gold mine, located about 13km southeast of Tennant Creek in the Northern Territory. Gold was first extracted at Nobles Nob from underground operations that started in the early 1930s, which was followed by open-cut methods from the 1960s. Open-cut mining at the operation finished in 1985, but gold production continued until 1992. Now, more than 30 years later, Tennant Mining has started civil works at Nobles Nob. Construction and commissioning are expected to be completed in the second quarter of 2025, followed by gold production commencing in the third quarter of 2025. To enable gold from Nobles Nob to be mined and processed on-site, Tennant Mining is also constructing a gold proces
June 13, 2024
VANCOUVER, British Columbia, June 13, 2024 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) is pleased to announce that the principle, long lead equipment for the Sulphide Recovery Plant planned for installation at the Bibiani Gold Mine (“Bibiani”) are expected to be shipped mid August 2024. This facility is key to the Company’s plans to grow gold production at Bibiani to more than 250,000 ounces per year, with cumulative production of 1.2 million ounces of gold over the next five years, with lower all-in sustaining costs (“AISC”), as detailed in the 2024 Bibiani Technical Report (“Technical Report”). Installation of the Sulphide Recovery Plant is expected to improve gold recovery and have significant impact o
June 11, 2024
Project remains on schedule and on budget for commercial production in H2-2024 Dry and Wet Commissioning well advanced; Hot Commissioning with ore commencing Total project progress of 97% with construction essentially complete 2.0 Mt of ore stockpiled to date ahead of schedule; building of crushed ore stockpile starting BROSSARD, QC , June 11, 2024 /CNW/ - G Mining Ventures Corp. (" GMIN " or the " Corporation ") (TSX: GMIN ) (OTCQX: GMINF) is pleased to provide an update on commissioning progress at GMIN's 100%-owned Tocantinzinho Gold Project (" TZ " or the " Project ") in the State of Pará, Brazil . TZ is engineered to produce approximately 175,000 ounces of gold annually over its initial 10.5-year mine life and is on track and on budget for commercial production in H2-2024
June 6, 2024
June 6, 2024 (Source: Reuters) CAPE TOWN, June 6 (Reuters) - A South African unit of mining giant Rio Tinto will seek board approvals next year to resume expansion plans at the mineral sands business halted in 2019 following rising insecurity and threats to its workers. Richards Bay Minerals (RBM) plans to take the Zulti South project to the Rio Tinto board for approvals next year after updating feasibility studies, its managing director, Werner Duvenhage, said on Thursday. Rio Tinto had paused the $463-million Zulti South expansion project in the KwaZulu-Natal province on the country's east coast. The threats of violence are showing signs of waning and RBM is finalising feasibility studies for the project, which was initially expected to extend the life o
May 30, 2024
First gold expected in late-June · Project ahead of schedule and on budget · 94% project completion HIGHLIGHTS: Wet commissioning of the processing plant is now underway with overall construction activities 94% complete Project remains on budget with first gold pour expected in late-June; a quarter earlier than initially scheduled Ore stockpiles stand at 1.6Mt at 1.30g/t gold for 65koz, with over 14.4Mt of material mined since Q4-2023 Lafigué is expected to produce between 90-110koz of gold at a sector leading AISC of between $900-975 /oz in FY-2024 92% national workforce on site with over 10% of the workforce from the local community Abidjan , 30 May 2024 – Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDMF) (“Endeavour”, the “Group” or the “Company”) is