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
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 tonnes per annum over first five years, making Kipushi the fourth-largest zinc mine globally Basic engineering underway to increase processing capacity of concentrator by 20% to 960,000 tonnes per annum Off-take agreements signed with CITIC Metal and Trafigura, plus $170 million in financing facilities agreed Kipushi reconfirmed as the world's lowest carbon-emission intensive zinc mine on a Scope 1 and 2 basis Kipushi, Democratic Republic of Congo--(Newsfile Corp. - July 2, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-
ENDEAVOUR ACHIEVES FIRST GOLD POUR AT LAFIGUÉ MINE IN CÔTE D’IVOIRE Constructed in only 21 months · Delivered on budget and ahead of schedule · Investment phase completed HIGHLIGHTS: First gold pour at the Lafigu é mine achieved on budget and ahead of schedule, only 21 months after construction launch Commercial production and subsequent ramp-up to nameplate plant capacity of 4.0Mtpa expected to be achieved in Q3-2024 Over 17.8Mt of total material moved since Q4-2023 with over 1.8Mt of ore at 1.37g/t totalling over 80koz mined and stockpiled ahead of the processing plant ramp-up Lafigué is expected to produce between 90-110koz of gold at a sector leading AISC of between $900-975/oz in FY-2024, with production increasing to approximately 200koz in FY-2025
June 25, 2024
June 25, 2024 (Source: Capstone Copper Corp. ) VANCOUVER, British Columbia – Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) (ASX:CSC) is pleased to announce that first saleable copper concentrate was produced at its Mantoverde Development Project (“MVDP”) in Chile, as the mine advances commissioning and ramps up to full production levels. The unchanged key commissioning milestones at the MVDP include: First ore to the primary crusher – completed in Q4 2023 First ore to the grinding circuit – completed in Q1 2024 First saleable concentrate – completed in Q2 2024 Achievement of nameplate operating rates – expected during Q3 2024 “First saleable copper concentrate production at MVDP is a significant milestone for Capstone. This achievement is a test
June 18, 2024
June 18, 2024 (Australian Mining) - Kingston Resources has kicked off mining at its Pearse North open pit , with the expectation that it will see a lift in gold and silver feed grades. Pearse North is located within the Mineral Hill gold-copper mine in New South Wales. Mining at the site marks the safe reintroduction of drill and blast operations to Mineral Hill. “We are delighted to announce the commencement of open pit mining at Pearse North, which signifies a major step forward for the Mineral Hill project,” Kingston Resources managing director and chief executive officer Andrew Corbett said . “The safe reintroduction of drilling and blasting operations and commencement of mining activities are a testament to the hard work and dedication of our team.” Kingston i
June 13, 2024
DALLAS , June 13, 2024 /CNW/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU ) (the " Company " or " enCore" ) today announced the successful startup of production at the Alta Mesa Uranium Central Processing Plant ("CPP") and Wellfield ("Alta Mesa Project"). With the restart of the previously producing Alta Mesa Project, enCore Energy is now the only uranium producer in the United States with multiple production facilities in operation. The initial ramp up will be a progressive process to advance and continually increase uranium production via direct feed to the CPP. enCore is anticipating its first shipment of yellowcake (uranium) from the Alta Mesa Project to occur in approximately 60 to 90 days. Paul Goranson , Chief Executive Officer said: "The enCore team has advanced the Alta
June 11, 2024
Production from Kamoa-Kakula's Phase 1 and 2 concentrators achieved a near-record 35,474 tonnes of copper in May, benefitting from additional imported power New York, New York--(Newsfile Corp. - June 11, 2024) - Ivanhoe Mines' (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland announced today, ahead of his appearance at the 2024 Evercore Global Clean Energy & Transition Technologies Summit at the Mandarin Oriental Hotel in New York, that on June 10, 2024, first concentrate production by Kamoa-Kakula's Phase 3 concentrator in the Democratic Republic of the Congo (DRC) was celebrated by the mine-site management and employees. First copper concentrate was achieved approximately two weeks after the first feed of ore into the concentrator, as announced on May 28, 2024 . The Phase
May 27, 2024
GRAND BAIE, MAURITIUS, May 27, 2024 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”) is pleased to announce a major milestone at Mpama South. The new Mpama South processing facility has been producing tin concentrate to sales specification since 14 May 2024. The tin grade of the feed ore was increased from 17 May 2024 following which the focus has been on achieving consistent throughput and producing to targeted processing recoveries. The processing facility has produced 159 tonnes of contained tin from 17 May 2024. The facility is now operating at targeted processing recoveries and continues to produce high-grade concentrate to sales specification. 1. Horizontal belt filter - high-grade concentrate Please click to view image
May 23, 2024
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce first gold pour at its new Greenstone Mine in Ontario, Canada. The Greenstone Mine has achieved its inaugural gold pour on schedule, producing 1,800 ounces of gold from the full recovery circuit, with all equipment operating as expected. Greg Smith, President & CEO of Equinox Gold, commented: "This first gold pour represents another key step toward achieving commercial production at the Greenstone Mine. This is a proud moment for all involved, and I extend my congratulations to the entire Greenstone team. We look forward to ramping up to commercial production in the third quarter of this year and delivering sustained va
May 17, 2024
TORONTO, May 17, 2024 (GLOBE NEWSWIRE) -- Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce that it has commenced mining at, and delivered its first ore to the processing plant, from Princeton Top, a key step in its development plan to significantly increase production at its Galaxy Gold Mine. Princeton Top contains an Indicated resource of 912,846 tonnes at 3.04 grammes of gold per tonne containing 89,200 ounces of gold (1) . The Company has used the funds received from the recently closed investment from Empress Royalty Holding Corp., a wholly-owned subsidiary of Empress Royalty Corp., to re-equip the 3.2km access ramp, install a new compressor, reinstate the historic ore pass to its existing Princeton operations on Level 17 and mobi
May 14, 2024
May 14, 2024 (Source: Hochschild Mining PLC) Hochschild Mining PLC (HOC.LN) (OTCMKTS: $HCHDF) ("Hochschild" or "the Company") is pleased to announce that commercial production has been achieved at the Company's Mara Rosa gold mine in Brazil, effective 13 May 2024. During May, the Mara Rosa processing plant has operated at an average throughput of approximately 90% of its name-plate capacity of 7,000 tonnes per day and exceeded 80% average recoveries. The ramp-up is on schedule to be completed in H1 and gold production is expected to continue to increase in the third and fourth quarters of 2024, with the mine on track to produce between 83,000 to 93,000 ounces of gold this year. Mara Rosa is Hochschild's first Brazilian operation and is located in the state of Goias.
May 13, 2024
VANCOUVER, BC / ACCESSWIRE / May 13, 2024 / Battery Mineral Resources Corp. ( TSXV:BMR )( OTCQB:BTRMF ) (" Battery " or " BMR " or the " Company ") is pleased to announce the resumption of mill operations and first production of copper concentrates at its Punitaqui project in Chile. Martin Kostuik, Battery's CEO stated, "The commencement of copper concentrate production at Punitaqui marks a significant milestone for BMR and in establishing Chile's next copper mine. Having efficiently applied capital, it has paved the way for near term copper production at Punitaqui and positioning the company favorably to generate meaningful cash flow. With the commencement of copper concentrates production, a proficient operational team, and a promising outlook for robust copper markets, we ai
May 7, 2024
May 07, 2024 (Mining Review Africa) - Barrick Gold Corporation has reported its first quarter results which were in line with guidance and position the company well to meet its full year targets. Gold production is expected to ramp up steadily during the year, supported by the completion of the Pueblo Viejo plant expansion and the resumption of operations at the Porgera mine. Additionally, copper production is also on track to meet the full year’s guidance. Reporting its Q1 results, Barrick said lower production and the consequent higher costs reflected the delayed ramp up at Pueblo Viejo following reconstruction of the conveyor, which has now been completed, in addition to planned maintenance at Nevada Gold Mines (NGM) and mine sequencing at other sites. In the mea