Commodity 2
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December 13, 2024
Commodity
Assays from third hole (PEP014) received. Composite intersection of 75.1m @ 5.58g/t Au from surface. LONDON, UNITED KINGDOM / ACCESSWIRE / December 13, 2024 / Orosur Mining Inc. (" Orosur " or the " Company ") (TSXV/AIM:OMI) , is ple
December 13, 2024 (Australian Mining) - Liontown’s Kathleen Valley light vehicle maintenance workshop contract has been awarded to Ngatjila, a 100 per cent Tjiwarl business. Ngatjila, a company owned and operated by four brothers, aims to deliv
December 12, 2024
Bonanza High Grade Zone Highlights: GD-24-249 intercepted the Bonanza Zone returning 226.12 g/t or 7.3 oz/t AuEq near surface between 76.60 – 77.60 meters within a larger interval consisting of 45.60 g/t AuEq or 1.5 oz/t AuEq over 5.95 meters ne
MONTREAL, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (" Osisko Development " or the " Company ") is pleased to announce the granting of the Environmental Management Act permits for its 100%-owned Cariboo Gol
December 10, 2024
December 10, 2024 (Australian Mining) - Horizon Minerals’ first ore from the Boorara gold project in Western Australia will be hauled to Norton Gold Fields’ nearby Paddington mill this month, marking an important operational milestone for the company. A total of 54,380 tonnes of ore has undergone assaying and metallurgical test work and will be processed at an expected grade of 0.8 grams per tonne (g/t) of gold. Horizon said this first stockpile grade is in line with expectations and grades are intended to improve as the pits progress. “It is very pleasing that we are transporting our first ore delivery from Boorara, with first revenue due shortly,” Horizon managing director and chief executive officer Grant Haywood said . “This milestone has been achieved despite the tight lab
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2024) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) (" Sierra Madre " or the " Company ") is pleased to announce that industrial production has begun at the Guitarra mine processing plant in Estado de Mexico, Mexico. The plant has been operating at 86% of the milling circuit nameplate capacity, or 516 wet metric tonnes per day, for the last two (2) months, exceeding the engineering standard of 80% for 30 days necessary to declare industrial commercial production. Production statistics for the last two months: October: 13,208 wet tonnes of economically interesting vein material processed, producing 296.84 dry tonnes of concentrate, containing 21,186 ounces of silver and 295.3 ounces of gold . November: 13,064 w
December 3, 2024
December 3, 2024 (IM - International Mining) - Vale has started the commissioning of the Capanema Maximization Project, located 80 kilometers from Belo Horizonte, between the municipalities of Santa Bárbara, Ouro Preto and Itabirito, in the state of Minas Gerais, Brazil. The site is part of Vale’s Operational Complex in Mariana and is expected to increase iron ore production by approximately 15 Mt/y. The operation will use natural moisture processing, which avoids the addition of water in the process and the generation of tailings, thus eliminating the use of tailings dams. “We are restarting operations at the Capanema mine using safe, efficient and sustainable practices. Capanema will produce sinter feed at low cost and will not generate tailings. The mine will use autonomous tru
November 29, 2024
November 29, 2024 (Australian Mining) - Bowen Coking Coal has mined its first coal at Plumtree North in Queensland ahead of schedule. The milestone follows the completion of a partially-underwritten $70 million renounceable entitlement offer, providing Bowen with balance sheet flexibility to fund the mine’s development. Bowen chief executive officer Daryl Edwards said he is proud of the team’s efforts to expedite first coal, a milestone originally slated for the third quarter of the 2024–25 financial year. “Our thanks go out to the Burton team, mining contractor and other contractors that are involved,” Edwards said . “We are extremely grateful to all shareholders for supporting us in our efforts to continue with mine development activities at the Plumtree North mine, that is ant
November 28, 2024
November 28, 2024 (Source: Amaroq Minerals Ltd.) TORONTO , ONTARIO – 28 November 2024 – Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development company with a substantial land package of gold and strategic mineral assets in Southern Greenland, is delighted to announce it has completed the first gold pour at its cornerstone Nalunaq gold mine in Greenland on 27 November 2024 . Highlights On November 26, 2024 , the Government of Greenland approved the Phase 1 Commissioning of the Nalunaq plant, which has since been operated at its nameplate capacity. The first gold pour at Nalunaq took place on November 27, 2024 , producing 1.2 kilograms (39 troy ounces) of gold after a 10-hour processing period. The Company will continue to optimise the processi
November 25, 2024
November 25, 2024 (Source: Hummingbird Resources plc) Hummingbird Resources plc (AIM: HUM) is pleased to announce that the Kouroussa Gold Mine in Guinea ("Kouroussa") has reached commercial production. The operation's four-week trailing average production has increased to approximately 1,900 ounces ("oz"), with an average selling price during that period of US$2,473 per oz, , which is below the spot gold price as a result of the Company's existing hedging contracts, which are expected to expire at the end of Q1-2025. This four-week trailing average production figure is below the previously announced target of approximately 2,000-2,500 oz per week primarily due to a lower-than-expected mill feed grade, resulting from a shortage of high-grade ex-pit ore caused by ongo
November 20, 2024
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 now the third largest gold mine in Ghana. CITIC Heavy Industries Co Ltd (CITIC HIC) supplied an overflow type 8.2 x 12.7 m ball mill to Cardinal Namdini. The ball mill saw its factory test run at CITIC HIC’s factory in Luoyang, China on August 15, 2023 before subsequent delivery to the customer. The ball mill is the largest exported from China to date, and in accordance with international standards and norms, CITIC Heavy Industries says it has applied key technologies such as a variable frequency dual-drive synchronous motor drive, lar
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, proudly announces the official inauguration of the Segele mine by His Excellency Prime Minister Abiy Ahmed. Adding to the excitement of the day was the gold pour, a symbolic act overseen by Prime Minister Abiy. The gold pour yielded an impressive 6.5 kilograms, a shining example of the mine's high-grade ore and production capabilities. The inauguration ceremony brought together key dignitaries and Akobo Minerals staff to celebrate this remarkable achievement. Prime Minister Abiy Ahmed, accompanied by Gambella Region President Ms. Alemitu Umod and
November 6, 2024
November 6, 2024 (Source: Equinox Gold Corp.) Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce that based on the operating progress achieved through October, its Greenstone Mine in Ontario, Canada has reached commercial production. Greg Smith, President & CEO of Equinox Gold, commented: “With the Greenstone Mine continuing to ramp up and generating positive operating cash flow, we are pleased to announce commercial production at our newest and largest gold mine. This milestone marks the culmination of three years of construction and commissioning, accomplished during the challenges of a global pandemic, supply chain disruptions, and inflationary pressures. I extend my thanks and congratulations to the Greenstone team for their
October 31, 2024
October 31, 2024 (Source: Pan African) The MTR operation was successfully commissioned in early October 2024 with an inaugural gold pour at the plant’s smelting facility. Ramp-up is in progress, with steady-state production and plant throughput of 800ktpm expected by December 2024. This US$135.1 million project was delivered under budget and ahead of schedule, with construction completed in only 14 months. During the construction phase, MTR employed over 1,600 workers on site and achieved completion of construction with zero lost-time injuries for the 1.5 million man hours worked. Cobus Loots, Pan African’s CEO, commented: “Pan African has established an enviable track record in executing world-class tailings retreatment projects. We are pleased to announce the successful commiss