Commodity 2
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October 11, 2024
Commodity
Toronto, Ontario--(Newsfile Corp. - October 11, 2024) - HIRU Corporation (OTC Pink: HIRU) $HIRU www.otchiru.com , www.hirumining.com is pleased to share with its shareholders and followers a comprehensive Feasibility Scoping Study for the Balf
VANCOUVER, BC , Oct. 11, 2024 /CNW/ - Golden Shield Resources Inc. (CSE: GSRI) (OTCQB: GSRFF) (FRA: 4LE0) (the " Company " or " Golden Shield ") reports that it has terminated negotiations in respect of the potential acquisition of Tucano Gold In
VANCOUVER, BC , Oct. 11, 2024 /CNW/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN ) (OTCQB: DFMTF) (FSE: 35D) today announced the successful closing of its previously announced non-brokered bridge financing of secured conv
October 11, 2024 (Australian Mining) - Hancock Prospecting has scaled back its proposed Mulga Downs iron ore mine in the Pilbara, reducing annual production from 20 million tonnes (Mt) to 12Mt after reducing the project’s footprint. Documents r
October 3, 2024
October 3, 2024 (Source: Rio Tinto) YELLOWKNIFE, Canada – Rio Tinto’s Diavik Diamond Mine has safely completed the development and construction of Phase 1 of the A21 underground mine, now moving the underground mine into commercial production. Building on the success of the first phase, Phase 2 of the A21 underground project was approved earlier this year with an additional investment of US$17 million. The project will enable Diavik to maximise the value from its known resources through to closure. The construction of the A21 underground mine involved the development of over 1,800 metres of underground tunnels to access the orebody and begin underground production. With safety as the core focus, there were no lost time injuries after more than 100,000 labour hours completed ov
October 2, 2024
October 2, 2024 (Source: Barrick Gold Corp.) Lumwana Mine, Zambia – The development of a Super Pit at Barrick’s Lumwana copper mine was officially launched today by the Zambian President, His Excellency Hakainde Hichilema, accompanied by members of his cabinet. The feasibility study for the Super Pit Expansion is expected by the end of the year, paving the way for construction to start in 2025. Once completed, the $2 billion project 1,4 unlocks the potential to transform Lumwana into a long-life, high-yielding, top 25 copper producer 1 and a Tier One 2 copper mine. The expansion involves first doubling throughput of the existing process circuit and then significantly increasing mining volumes. Plant throughput will grow from the current 27Mt to 52Mt, doubling the min
October 1, 2024
October 1, 2024 (Source: Capstone Copper Corp.) VANCOUVER, British Columbia – Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) (ASX:CSC) today announced that the Mantoverde Development Project (“MVDP”) has achieved commercial production and, following this major corporate milestone, outlines its leadership succession plan. On September 21, 2024, the MVDP achieved commercial production defined as the achievement of reaching a minimum of 30 consecutive days of operations during which the mill operated at an average of 75% of nameplate throughput of 32,000 ore tonnes per day. Strong performance on key metrics, such as concentrate grade and recoveries, were at or above targeted levels for this point of the ramp-up while the mill feed grade has reconciled well with the mine p
September 26, 2024
September 26, 2024 (Source: Kodal Minerals plc) Kodal Minerals , the mineral exploration and development company, is pleased to provide an update on the progress of construction of the Stage 1 Dense Media Separation ("DMS") processing plant and mining at the Ngoualana open pit mine at its flagship fully funded Bougouni Lithium Project in Southern Mali ("Bougouni" or the "Project"). The Project is fully funded through the US$117.5m Hainan funding transaction (as announced by the Company on 15 November 2023 ). This funding transaction includes a US$100m investment into Kodal Mining UK Limited ("KMUK"), a company owned 51% by the Hainan Group and 49% by Kodal, which is the developer of the Project. Highlights: · The Company advises that although KMUK achie
September 23, 2024
VANCOUVER, BC , Sept. 23, 2024 /CNW/ - Foran Mining Corporation (TSX: FOM ) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to share a progress update on the construction of its 100% owned McIlvenna Bay project in Saskatchewan, Canada , alongside new photos showcasing ongoing development. The images offer a detailed look at key milestones reached during August 2024 and can be viewed in the image gallery on our website at www.foranmining.com/news-media . Key August 2024 Achievements: Surface construction is advancing on the Processing Plant, Truck Shop, and Contact Water Pond. Foundations for the Ball Mill and SAG Mill have been successfully completed. Concrete footings are nearing completion, with steel erection scheduled to begin in October.
September 20, 2024
September 20, 2024 (Mining Review Africa) - Akobo Minerals has made significant progress in the Segele mine by completing the crosscut between the Western and Eastern tunnels, enabling first stoping activities. The mining team has reached the orebody in both Western and Eastern tunnels, completing a crucial crosscut that connects the tunnels and enhances mining operations. This crosscut provides a secondary exit, improves safety, optimizes ventilation and logistics, and prepares for the transition from mine development to stoping
September 13, 2024
September 13, 2024 (Source: Endeavour Mining pls) HIGHLIGHTS Commercial production achieved on budget and on schedule at the Sabodala-Massawa BIOX Expansion and the Lafigué mine on 1 August 2024 Organic growth phase completed improving the quality of the portfolio and underpinning the transition to a phase focused on free cash flow generation BIOX Expansion achieved commercial production; operating with 94% plant availability at 80% of nameplate capacity, with average recoveries of above 72% during July and August Lafigué mine achieved commercial production only one month after the first gold pour; operating with 87% plant availability at 72% of nameplate capacity, with average recoveries of above 95% during August The Group remains on track to achieve its full-year
September 12, 2024
September 12, 2024 (Source: B2Gold Corp.) VANCOUVER, British Columbia, Sept. 12, 2024 -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces an update for the Goose Project in Nunavut, Canada. All dollar figures are in United States dollars unless otherwise indicated. Goose Project Update All planned construction year to date in 2024 has been completed and project construction and development continues to progress on track for first gold pour at the Goose Project in the second quarter of 2025 followed by a ramp up to commercial production in the third quarter of 2025: B2Gold anticipates that once in commercial production the Goose mine will produce approximately 310,000 ounces of gold per year over the first full five years. Sealift offl
September 12, 2024 07:00 AM Eastern Daylight Time CHICAGO--( BUSINESS WIRE )--Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today provided an operational update at the expanded Rochester silver-gold mine in Nevada, including positive throughput trends and significant progress on reducing overall crushing size. The new three-stage crushing circuit continues to deliver greatly enhanced levels of flexibility to accommodate the full range of mined ore at Rochester. For the month of August, approximately 2.7 million tons were placed on the new Stage VI leach pad, representing a 39% increase over July placement levels. Rochester remains on-track to place 7.0 – 8.0 million tons per quarter during the second half of 2024 and to achieve its full-year 2024 production guidance of
September 4, 2024
VANCOUVER, British Columbia, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (“ Bunker Hill ” or the “ Company ”) ( TSX-V: BNKR; OTCQB: BHILL ) is pleased to provide an update as the Company continues to advance its re-start of the Bunker Hill Mine in Kellogg, Idaho. Sam Ash, President and CEO of Bunker Hill Mining, states, “I am pleased to report that construction at Bunker Hill is progressing exceptionally well. The team on the ground made excellent and safe progress in August. When complete, their achievement will be a standout example of sustainable building and starting an underground mine in the USA from initial study work to operations in under five years.” CONSTRUCTION PROGRESS The construction of our modern mining operation is progressing according to the plan