Adding 15% means the capital estimate is now $920 million of which the company said it has spent $400 with the project about 50% completed.Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsAustralian Labor Party (ALP) trade and resources spokesperson Madeleine King outlined a "transfor...Read More
Stronger anticipated output and ongoing cost management to minimize the impact of inflationary pressures would reduce costs, Torex Gold said.Read More
The project would yield an after-tax net present value of US$486 million at a 10% discount rate and a 25% internal rate of return with a 2.Read More
In 2021, the company increased its throughput from 3,500 tonnes per day to 4,200tpd and it anticipates being able to get to 4,500tpd via debottlenecking this year.Read More
"We've gone full bore in this last year and this year 2022, and have conducted about 140,000m of drilling. We are seeing a weighted average grade of 9.Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsArtisanal and small scale mining (ASM) is often treated as something of a dirty secret in the min...Read More
"Considering the issue of social conflicts we are going to pass a decentralized investment package in mining zones," Graham said at the biennial Gold, Silver and Copper Symposium in Lima organised byRead More
The former minnow has been transformed into a A$1.2 billion gold miner in the last two years, first through the US$28.Read More
After producing 55,602 tonnes of copper in concentrate in Q1—which compares to 105,884 tonnes for the full year of 2021, Ivanhoe expects to reach the upper end of 2022 copper production guidance of 290,000-340,000 tonnes. This has been aided by the early commissioning of the phase 2 concentrator plant, it said.C1 cash costs, meanwhile, were US$1.21 per pound in the quarter which compares to...Read More
"In addition to an underlying strengthening of the Brazilian Real during the first quarter, our operating costs faced the same inflationary headwinds experienced globally across all industries," Ero'sRead More
In preparation for the development, the company has consolidated full ownership of the project having bought the stakes in the project previously owned by Peruvian miner Buenaventura and Japan'sRead More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsThe International Council on Mining and Metals (ICMM) 28 member companies are pioneering the init...Read More
The company achieved consolidated production of 24,702 tonnes of copper and 53,956 ounces of gold as well as silver, zinc and molybdenum at an all-in sustaining cost of $2.54/lb.Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow minerals"Mining is a continuous sunrise sector in our economy," Ramaphosa said, as he laid out his plans...Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsWhen that happens, the ghosts of Anglo's yesteryear can be laid to rest - in particular, the pain...Read More
The bad news continued with the company's results for the quarter to March 31 as production plummeted 37.5% to 25,100 gold equivalent ounces at an all-in sustaining cost of $2,146 per ounce, from 40,150oz in the December 2021 quarter.The fall in production saw the company report a net loss of US$19.3 million on revenue of $25.5 million in the quarter compared with a net loss of $21 million in the...Read More
A high-profile businessman has joined the board of Kingwest Resources as the company advances towards mining at its plus-500,000 ounce Menzies gold project; while at Goongarrie, Kingwest has maiden diamond drilling underway at its Sir Laurence gold discovery and is also testing the project's nickel potential, as CEO Ed Turner explains.Read More
The company said the Corner Bay deposit will be the main underground mine along with the Devlin copper deposit and the former Joe Mann gold mine also providing mill feed.Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsQora Capital chairman Lloyd Pengilly said the diversified miners had been "asleep at the wheel" o...Read More