The federal government of Peru has cancelled the concession for Bear Creek Mining’s Santa Ana silver project in the Puno region, following protests against the development last week. Government authorities have held talks with protest leaders and agreed to annul the supreme decree that authorised the firm to explore the raymond mill plant concession. ...
Bellzone Mining has announced the completion of the socioeconomic and environmental studies for the Kalia mine project in the Republic of Guinea. The studies were conducted by SGS Environment, and were scheduled to be completed in second quarter of 2011. The draft study reports have been reviewed and SGS will be responsible for ...
White Tiger Gold has commissioned a new CH 430 SBMChina Cone Crusher for its Savkino heap leach gold operation at Savkino gold project in south Siberia, Russian Federation. The firm expects to improve and increase the mill’s production capacity with the commissioning of the crusher. The Savkino gold deposit is located 15km from ...
Orvana Completes Prefeasibility Study at US Copper Project Orvana Minerals’ subsidiary Orvana Resources US has completed the prefeasibility study for its Copperwood copper project in Michigan, US. The cost of pre-production capital is estimated at $198.5m, with working and sustaining capital costs of $212.5m, the study revealed. The operating cost of the mine ...
BHP Billiton will invest an additional $488m in the development of the Jansen potash project in Saskatchewan, Canada, which will be used to fund site preparation and the procurement of long lead time items during the project’s feasibility study. The investment will also enable the firm to develop the first 350m of the production ...
Russian firm UC RUSAL has started a project for the extraction of low iron bauxite in the Republic of Komi through its subsidiary Timan Bauxite. UC RUSAL is expecting to extract bauxite by open-cut mining at the Middle Timan bauxite deposit. Timan Bauxite will soon start preparatory works at the new mine in ...
Compania Minera Dona Ines de Collahuasi SCM’s board has given approval for the commencement of a prefeasibility study for the third phase of the Collahuasi copper project in Chile. Xstrata holds a 44% stake in Collahuasi, with Anglo American holding a 44% stake and a Japanese consortium headed by Mitsui holding the remaining stake. ...
Coal mining company Solid Energy will reopen its Ohai mine in Western Southland, New Zealand, after discovering a new 50,000t coal deposit. The company said it would continue exploration and drilling activities to locate new deposits, and coal extraction will take place during the next year. Solid Energy is currently rehabilitating the site ...
Iron Mining Group subsidiary IMG Iron Ore Trading (IMG Trading) has entered into a contract for sale of iron ore to an undisclosed global physical commodities company. Under the terms of the free on-board contract, IMG Trading will deliver 300,000M metric tons (MT) of 63% iron ore to the port of Manzanillo, Mexico. Plant ...
Orbit Garant Drilling has renewed a diamond core drilling services contract with Hope Bay Mining at the Hope Bay gold mining project in Nunavut, Canada. The company, which was initially contracted for diamond core drilling services in 2008, will drill between 110,000 and 145,000m over the course of the new contract. Related: crusher china ...
Mining solutions provider Joy Global has completed the acquisition of LeTourneau Technologies for $1.1bn in cash. Joy Global concluded the transaction with Rowan Companies, a provider of international and domestic contract drilling services. LeTourneau is a manufacturer of large capacity wheel loaders for the surface mining market, as well as jack-up rigs and ...
Vale SA , the world’s biggest exporter of iron ore, is seeking to build its own coal terminal in Queensland state as it expands production from three to nine mines in Australia, Bloomberg reported. Vale plans to apply to build one of the four new export terminals being planned as part of a ...
The union movement has strengthened its foothold in the mining sector after winning the right to meet and spruik for members in the lunchroom of a non-unionised mine site. The Fair Work Australia ruling late last week set a precedent that erodes the ability of employers to ban unions from lunchrooms. The Australian ...
Shareholders in Ursa Major Minerals voted on Thursday to support the incumbent board and management, rejecting a rival slate put forward by a group of dissident shareholders led by Inspiration Mining and Forbes & Manhattan. The dissidents had argued that the current management did not have the necessary operational experience to run and optimise ...
First Quantum Minerals’ subsidiary Kansanshi Mining may spend about $900m on increasing production at its Kansanshi mine in Zambia over the next three years. Kansanshi general manager Sean Whittome told Bloomberg that crusher machine the firm will spend $370m on expansion work to increase copper output to 400,000 metric tons by 2015, and has ...
Striking Argentine miners have halted production at AngloGold Ashanti’s Cerro Vanguardia gold and silver mine to press demands for a pay bonus, a company official said on Wednesday. The Patagonian mine, which is expected to produce about 211 000 ounces of gold this year, has been at a standstill since midday on Tuesday and ...
Kazakhmys has signed a memorandum of understanding (MoU) with the China Development Bank Corporation (CDB) to secure a $1.5bn loan that will be used to develop the copper project at Aktogay, Kazakhstan. The loan will add to the existing CDB’s $2.7bn loan facility, which is being used for mobile crusher plant in the development ...
Canada Lithium has completed the updated feasibility study for the development of a mine and lithium carbonate processing facility at its lithium project in Québec. The study was carried out on the open-pit mine and processing plant, which will have an initial mine operation life of about 14.9 years. According to the study, ...
Xstrata Copper’s executive committee has given approval for a prefeasibility study to begin evaluating the development of a copper sulphide deposit at the Lomas Bayas project, northern Chile. The prefeasibility study, which will consist of new drilling, metallurgical tests and geomechanical studies, is expected to be completed at the end of 2012. Crusher Spare ...
Ethiopia to Achieve Mining Export Target Early Ethiopia is expected to double the mining exports to an annual $1bn earlier than planned. Quarry Mining Processing Ethiopian Mining Minister Sinkenesh Ejigu told Reuters that the country is expected to earn $500m through mining exports by next July. It had previously aimed to double that over the ...