Commodity 2
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January 28, 2025
Commodity
Unlocking Additional Low-Cost Financing to Advance the growing McIlvenna Bay Project VANCOUVER, BC , Jan. 28, 2025 /CNW/ - Foran Mining Corporation (TSX: FOM ) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to announce the signing of a co
January 28, 2025 (IM - International Mining) - TAKRAF Group says it has secured a major contract to design and supply a conveying system for Compañía Minera Doña Inés de Collahuasi SCM’s Ujina growth project, in Chile. The contract will see TAKRAF e
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Highlights: Courvan Trend (Bussiere Deposit) infill drilling results intersected near-surface gold zones with significant grades up to 3.8 g/t Au over 17.4 metres (cut*) ( 26.5 g/t Au over 17.4 metres uncut), including 444 g/t Au over 1.0 metr
January 22, 2025
Commercial NdPr Metal Production Begins at Independence, MP’s Fully Integrated Rare Earth Magnet Manufacturing Facility in Texas for the First Time in a Generation Trial Production of Automotive-Grade, Sintered NdFeB Magnets Underway, with First Deliveries on Track for Year-End January 22, 2025 07:54 AM Eastern Standard Time FORT WORTH, Texas--( BUSINESS WIRE )--MP Materials (NYSE: MP) has reached a pivotal milestone in restoring the U.S. rare earth magnet supply chain. The company’s flagship Independence facility in Fort Worth, Texas, has commenced commercial production of neodymium-praseodymium (NdPr) metal and trial production of automotive-grade, sintered neodymium-iron-boron (NdFeB) magnets. These achievements bring the U.S. closer to reestablishing a fully integrated,
January 16, 2025
January 16, 2025 (The Assay) - Sierra Madre Gold and Silver Ltd. (TSXV: SM | OTCQX: SMDRF) has announced that full commercial production at the 100% owned Guitarra Mine Complex located in Estado de Mexico, Mexico, commenced on 1 January 2025. The processing plant, underground mine, and all aspects of the operation have now been running at the current capacity of 500 wet metric tonnes per day for the past 90 days. Monthly gold and silver concentrate shipments, concentrate inventories, freshly mined material stockpiles, and revenues generated from sales; have all increased on a material basis. CEO, Alex Langer, commented, “We are delighted to announce full commercial production at Guitarra. This will allow us to share proper mining statistics; including revenues, costs, profits, and an all
January 15, 2025
January 15, 2025 (Australian Mining) - Horizon Minerals has achieved its first gold pour at the Boorara project near Kalgoorlie, Western Australia. The gold was poured on January 14, marking Horizon’s transition into gold production. An ore sale agreement with Norton Gold Fields’ Paddington mill will see the processing of 1.24 million tonnes of Boorara ore from four open pits grading 1.24 grams per tonne (g/t) of gold. Horizon will target 49,500 ounces of gold production over an 18-month period. Boorara was approved for development in July 2024 and has seen approximately 56,654 wet metric tonnes at 0.8g/t gold delivered to the Paddington mill last December and this month. BOORARA STAGE 1 FEASIBILITY SUPPORTS DEVELOPMENT 10 February 2020 https://horizonminerals.com.au/wp-cont
January 6, 2025
January 6, 2025 (Australian Mining) - Black Cat has successfully reignited the Paulsens operation in Western Australia, pouring first gold from the restarted mine before Christmas. The mine has returned to functional operations after the Paulsens team, combined with Maca Interquip, successfully refurbished the process plant, all completed on-time and within budget. With the refurbishment now complete, commissioning of low-grade stockpiles has commenced and ramp up and circuit optimisation activities are ongoing throughout the processing plant. “This is a significant milestone for Black Cat as we grow our gold production,” Black Cat managing director Gareth Solly said
December 30, 2024
MONTREAL, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce that it has reached commercial production at its 100% owned Zgounder Mine located in the Kingdom of Morocco. The new Zgounder mill first started processing ore on November 4 th , 2024. The first silver pour from Zgounder’s new processing plant was achieved on November 27 th , with commercial production reached on December 29 th , less than two months after the mill began processing the first ore. Over a thirty-day period ending on December 29 th , a total of 45,683 tonnes (“t”) of ore were processed at the new mill. Processing rates averaged 84 tonnes per hour (“tph”), at 75% availability. As such, the mill processed an average of 1,523 tonnes
December 27, 2024
December 27, 2024 (Source: metal.com) On 15 December, the Goulamina lithium mine in southern Mali, operated by Chinese firm Ganfeng Lithium, officially commenced production for its first phase. The Goulamina lithium mine in southern Mali, operated by Chinese firm Ganfeng Lithium, has officially commenced production for its first phase. The mine’s initial phase is designed to produce 506,000 tonnes of spodumene concentrate annually, with a planned expansion to 1 million tonnes per year in its second phase. Original news ( Chinese) https://www.ganfenglithium.com/new_detail/id/162.htm
December 24, 2024
December 24, 2024 (Source: Eramet) Eramet announces that it has delivered first lithium carbonate production at its newly commissioned Centenario plant, located in Salta Province, in Argentina. The Centenario plant is the first facility to implement at an industrial scale Eramet’s advanced Direct Lithium Extraction (“DLE”) technology. This industry leading technology delivers sustainable and highly efficient lithium carbonate suitable for electric vehicle battery applications. Centenario first plant is designed to extract and produce 24,000 t/year of battery-grade lithium carbonate, and at full capacity should be positioned in the 1st quartile of the lithium industry cost-curve. First lithium carbonate production has been achieved less than three years after Eramet started the constructi
December 19, 2024
December 19, 2024 (Peninsula Energy Limited) Peninsula Energy Limited and its wholly owned U.S. subsidiary, Strata Energy Inc. (together “Peninsula” or the “Company”) (ASX:PEN, OTCQB:PENMF) is pleased to advise the official commencement of production operations at the flagship Lance Projects (“Lance”) in Wyoming USA. Uranium production operations were restarted within selected areas of Mine Unit 1 (“MU-1”) at Lance on December 18th, 2024, after a five-year hiatus. The re-start of production at Lance as a low-pH ISR operation marks a historic milestone for Peninsula on its journey to become a fully independent producer of uranium yellowcake, growing into a critical supplier of uranium and through this play an important role in a clean energy future. Initially, the production stream
December 18, 2024
December 18, 2024 (Australian Mining) - Peabody has shipped its first coal product from the Centurion mine in the Bowen Basin, Queensland, marking a major milestone in the redevelopment of the coking coal operation. The maiden shipment was delivered to the Dalrymple Bay coal terminal last week before being exported to a customer in Asia. The achievement marks a significant step toward Centurion’s target of commencing high-volume longwall production in March 2026. “Two years ago, we announced the redevelopment of this mine with a plan to transform it into a world-class operation supplying premium hard coking coal to global markets, and this week we’re delivering on that plan,” Peabody president and chief executive officer Jim Grech said. “This is the first strategic step in trans
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