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
June 26, 2024
June 26, 2024 (Australian Mining) - The latest instalment of a key critical minerals grant has been delivered to Cobalt Blue before construction on its cobalt-nickel project kicks off later this year. The Australian Government awarded Cobalt Blue the grant under the Critical Minerals Accelerator Initiative (CMAI) in 2022. Over $15 million in funding is being paid to Cobalt Blue, with $3 million received by the critical minerals aspirant last week, bringing the total received so far to $13.5 million. In November 2023, Cobalt Blue published a study detailing a large-scale cobalt-nickel operation in New South Wales. Cobalt Blue is aiming for the Broken Hill project to be one of the largest cobalt producers in the world. The company’s strategy is to develop a cobalt-nickel re
MONTREAL, June 26, 2024 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce the beginning of commissioning activities at its new 2,000 tonnes per day (“tpd”) mill at the Zgounder Silver Mine in the Kingdom of Morocco. Highlights Zgounder expansion over 95% complete. Pre-commissioning activities are ongoing in the main process plant areas, including the grinding circuit and the silver refinery as part of the commissioning process: Tests are being conducted on the ball mill, which is running without loads Energization of the silver furnace and systems checks completed The conveyors have been energized and tested The retort and ventilation have been energized Pre-commissioning of the renewable-energy power li
TORONTO , June 26, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC ) ("Allied" or the "Company") is pleased to provide an update on the ongoing exploration and development activities at its Kurmuk Project in Ethiopia . Significant exploration results continue to support the high probability of Mineral Reserves and Mineral Resource growth, indicating substantial upside potential. The project, which remains on track for first production in mid-2026, continues to make significant strides in both project execution and exploration activities aimed at increasing mineral inventories, extending mine life, and enhancing overall value and future returns to shareholders
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