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1. Vermeer T1255III Terrain Leveler reduces labour costs for operation
(Product News)
... associated production and cost estimates and the responsiveness they received from their Vermeer dealer, the SMB group decided to give precision surface mining a try. Side-by-side Comparison SMB invested ...
Created on 10 May 2023
2. Progress continues at Almonty’s Sangdong
(Latest)
... to the ball mill and SAG mill has arrived in South Korea. The final drive is expected to arrive this month. Moreover, Almonty currently estimates that 75% of the light short lead time equipment will be ...
Created on 03 May 2023
3. MARKET REPORT: COPPER
(Features)
... taking demand in that year to 3.134 Mt.  In China, the IWCC estimates reported (or real) demand for refined copper in 2021 to have been 13.062 Mt. For 2022, the forecast currently suggests that ...
Created on 28 June 2022
4. Australian government earmarks A$6M for FIFO, DIDO mental health
(Latest)
The Australian government has announced it is providing A$6 million in funding from its MATES in Construction initiative to support the mental health and wellbeing of the country’s workers in mining, construction, ...
Created on 05 April 2022
5. Gold Field’s CEO calls gold sector’s cost reporting misleading and inconsistent
(Latest)
... can potentially sustain production at current levels for the next few years before entering a period of secular decline in the longer term.” Mr Holland cited the World Gold Council’s estimates of an ...
Created on 12 September 2019
6. Marubeni’s coal exit announcement a plus but increased commitment needed
(Around the Region)
... renewable energy costs – and rising stranded asset risks.” Share of Annual Power Capacity Additions in Emerging Markets. Source: Bloomberg, New Energy Finance, Climatescope Over ...
Created on 24 July 2019
7. Oyu Tolgoi cost blowout hits Rio Tinto
(Latest)
... towards becoming one of the largest copper mines in the world, preliminary estimates for development capital spend for the project is now $6.5 billion to $7.2 billion, an increase of $1.2 billion to $1.9 ...
Created on 18 July 2019
8. Gold Road and Goldfields JV on target with first gold production
(Latest)
... and equipment through these areas. The Project remains on schedule for first gold production in the June 2019 quarter and within previously announced forecast total cost estimates of AU$621 million. ...
Created on 31 January 2019
9. Kin Mining hits “pause” on Leonara Gold Project
(Latest)
... that the best path forward for the LGP is a suspension of plant construction activities until additional testwork, engineering design scheduling and cost estimates can be completed. Kin has also held ...
Created on 10 May 2018
10. Centerra to resume Gatsuurt negotiations
(Around the Region)
...  The LOM operating cost estimates used in the feasibility study on a per tonne processed basis are: mining US$10.97, ore haulage $5.37, oxide processing $11.90, sulphide processing $26.42 and administration ...
Created on 08 March 2018
11. Mongolia ready to hitch a ride on copper
(Features)
... Fox Copper-Gold Porphyry Project. The review will provide an independent resource model and assist in future exploration. A 3D block model is expected to support tonnage and grade estimates, and provide ...
Created on 08 March 2018
12. Nusantara at work on Awak Mas DFS
(Around the Region)
... will include updated resource and reserve estimates, formal DFS documentation and the DFS financial model. Nusantara has appointed a prominent group of experienced mining industry consultants for the ...
Created on 08 November 2017
13. OTR tyre recycling plant a world first
(Waste to Energy)
... of oil and 1.5 tonnes of carbon as well as the steel reinforcing which can go back to the tyre manufacturer for reuse. The actual cost of the plant is based on engineering estimates of $8.5 million and ...
Created on 08 November 2017
14. Nusantara begins Awak Mas DFS
(Latest)
... in late 2017. The final DFS is targeted for delivery in Q2 2018 including updated resource and reserve estimates, formal DFS documentation and the DFS financial model. Nusantara has appointed a prominent ...
Created on 07 September 2017
15. Chinese offtake for Hastings rare earths
(Latest)
... are expected to follow, which will reinforce the company’s financing plan to fund the development of the mine and the construction of the processing plant.” Hastings estimates an annual production quantity ...
Created on 31 August 2017
16. Reserve statement for Cokal BBM project
(Latest)
... the same barge loading port, stockpile and haul road. Upgrading BBM Anak to BBM PCI will cost substantially less than the initial estimates. “Therefore, with the cash flow generated by BBM Anak, Cokal ...
Created on 16 August 2017
17. Nuurstei wash plant capital costs lowered
(Latest)
Revised estimates for the proposed wash plant at Aspire Mining’s Nuurstei Coking Coal Project in northern Mongolia have reduced capital costs by US$4 million to $5 million. The plant is now expected to ...
Created on 03 August 2017
18. Drilling leads to Washihi resource increase
(Exploration News)
... tonnes @ 0.51 g/t gold to the inferred estimate. Alara updated the Washihi resource estimates to comply with the JORC 2012 code and the revision incorporates results of a recent drilling program. The ...
Created on 04 April 2017
19. Reduce bauxite mining costs in one step
(Product News)
... machine breaks up the caprock, eliminating the need for backfill material. The mine estimates that the Terrain Leveler SEM reduces the time it takes to complete this process by more than 50%. The Terrain ...
Created on 04 April 2017
20. Resource increase at Oman project
(Latest)
... tonnes at 0.51 g/t gold. This prospect has been named Gossan. Alara has updated the Washihi JORC resource estimates to comply with the 2012 code and these are now being revised to incorporate the results ...
Created on 27 September 2016