5E Advanced Materials, known for its focus on boron and lithium, has announced the selection of Fluor Corporation as its engineering, procurement, and construction (EPC) services provider. This partnership is set to advance the engineering process work on the commercial Phase 1 of the 5E Boron Americas Complex. Engineering Progression Executive Insights The collaboration between...
READ MOREKazakhstan, a global leader in selenium production, has made a significant technological advancement, enhancing its selenium enrichment to a remarkable purity of 99.5%. Developed by Satbayev University’s Institute of Metallurgy and Ore Beneficiation, the new technology, led by Bagdaulet Kenzhaliyev, marks a substantial leap in selenium extraction methods. This innovative approach is notable for its...
READ MOREEmirates Global Aluminium (EGA), an industrial company in the United Arab Emirates, has partnered with social enterprise Nadeera to introduce a new recycling solution in communities close to its Jebel Ali plant. Yalla Return, developed by Nadeera, is a platform designed to enhance recycling efforts among consumers. It utilizes technology as a tool for community...
READ MOREVale Base Metals and Epiroc Canada are partnering to implement cutting-edge technologies aimed at enhancing safety in mining operations. The collaboration focuses on the utilization of Epiroc’s advanced digital and underground technology to minimize human presence in high-risk areas of mines. The agreement entails the remote operation of Epiroc and mixed fleet OEM (original equipment...
READ MOREThe Indonesian Ministry of Energy and Mineral Resources (ESDM) has announced the completion of five integrated mineral smelter projects in 2023, marking significant progress in the country’s mineral industry. The government initially set a target to construct seven integrated mineral smelters throughout the year. “By the end of 2023, we achieved five units out of...
READ MOREMining Operations Update: – In Q4 2023, Atalaya Mining successfully mined 3.7 million tonnes of ore, maintaining its pace with previous quarters and the same period in 2022. – The waste mined in Q4 2023 saw an increase to 7.4 million tonnes, compared to 5.3 million tonnes in Q4 2022. This escalation is attributed to...
READ MOREMarula Mining, an active player in Southern and East African mining with a focus on metals like graphite, lithium, and copper, recently appointed Collins Aseto as the head of exploration in East Africa. This strategic move comes as the company expands its footprint in the region. Key Highlights of the Appointment: Marula Mining’s Strategic Focus:...
READ MORECreative C&T Corporation, based in Daegu, has signed a Memorandum of Agreement (MOA) with UMMC (Ural Mining and Metallurgical Company) Group, the leading mineral resource development company in Russia. This agreement grants Creative C&T exclusive rights to import and sell Russian-produced mineral resources, including copper and rare earth metals, throughout East Asia. UMMC Group, which...
READ MOREConstruction Progress and Milestones Ero Copper has announced significant progress in the construction of the Tucumã Project. The physical construction is now over 85% complete, with several key developments: – The main substation and e-houses have been installed and commissioned, and the 16-kilometer power line tie-in to the national grid is completed ahead of schedule,...
READ MOREAldebaran Resources has announced a significant collaboration agreement with Nuton, a venture of Rio Tinto. This partnership is set to explore the potential application of Nuton’s advanced primary sulphide leaching technologies at Aldebaran’s Altar copper-gold project in San Juan, Argentina. Under this agreement, Aldebaran will provide various mineralization samples from the Altar project to Nuton....
READ MOREOverview of Anglo Asian Mining’s 2023 Activities Anglo Asian Mining, an AIM-listed company primarily operating in Azerbaijan, has reported its production and operational review for both the fourth quarter of 2023 (Q4 2023) and the full year (FY 2023). The company, known for producing gold, copper, and silver, faced a challenging year with significant operational...
READ MOREAfrica’s abundant reserves of critical minerals position it as a key player in the global energy transition. The continent is rich in metals used in batteries, solar panels, wind turbines, and other electrical networks. The Democratic Republic of Congo (DRC) leads in cobalt production, South Africa in platinum and manganese, and Mozambique and Madagascar are...
READ MORESolaris Resources has confirmed a private placement agreement with an affiliate of Zijin Mining Group, amounting to approximately $130 million. Under this agreement, Solaris will issue 28,481,289 common shares at a price of $4.55 per share. This price represents a 14% premium over the closing price on the Toronto Stock Exchange as of January 10,...
READ MOREVale Indonesia (INCO) is actively pursuing exploration activities, focusing on areas within its Contract of Work. As reported by Filia Alanda, Corporate Secretary of INCO, these explorations are centered around Sorowako Block and Sorowako Outer Area in East Luwu Regency, South Sulawesi, as well as Bahodopi Block in Morowali Regency, Central Sulawesi, and Pomalaa Block...
READ MOREEurobattery Minerals is moving forward with the process design for the concentration plant at its Hautalampi battery mineral mine project in Finland. The company holds the majority stake in the Hautalampi project. Roberto García Martínez, CEO of Eurobattery Minerals, expressed satisfaction with the progress of the Finnish battery mineral project. He emphasized the importance of...
READ MOREUnite, a trade union representing employees at Tara Mines, has strongly criticized the rescue plan proposed by Boliden, the Swedish multinational operating the mine. The union has accused Boliden of adopting a “slash and burn” approach to jobs, with the plan entailing a significant reduction in the workforce and alterations in terms and conditions for...
READ MOREAlcoa and its ASX-listed partner Alumina have decided to cease production at the 60-year-old Kwinana refinery in Western Australia by September. This strategic move is anticipated to potentially bring dividends back as early as next year. Following this announcement, a number of analysts upgraded their earnings expectations, ratings, and target prices for Alumina. Alumina Limited,...
READ MOREImmediate Shutdown Due to Structural Issues Newmont has been compelled to cease operations at the mill of its Telfer mine in Western Australia. This decision was taken in response to safety concerns surrounding the mine’s tailings facilities, particularly after detecting structural problems at the newest tailings facility shortly before Christmas. The company reported the discovery...
READ MOREGoGold Resources has provided a comprehensive outlook for 2024, following a year of progress in the Los Ricos district. The company has successfully expanded its resources in the district, with 186 million silver equivalent (AgEq) ounces in measured & indicated resources and 87 million AgEq ounces in inferred resources. Additionally, GoGold completed two preliminary economic...
READ MOREFirst Stope Blast and Progress in Mining Activities Kanmantoo Mine has marked a significant milestone with the initiation of bulk mining operations underground. The first stope blast occurred on December 30, 2023, with subsequent blasts gradually increasing in scale. These developments are crucial as the mine transitions to an advanced stage of ore extraction. Following...
READ MORETrigon Metals, a Canadian mining company, has revitalized copper production at Namibia’s Kombat Mine, showing promise for increased profitability. Since resuming operations on October 10 last year, the company has made significant strides in the mine’s output, suggesting a positive outlook for future profitability. Jed Richardson, President and CEO of Trigon Metals, highlighted the potential...
READ MOREStagnation Despite Investment Plans The industrial hub of Portovesme in southwestern Sardinia, which was once a bustling center of employment with nearly 15,000 workers, now remains in limbo. Despite having plans and resources for investments worth nearly one billion euros, the revitalization of the metallurgical hub is yet to commence. Eurallumina’s Crucial Role and Challenges...
READ MOREIncreased Costs and Environmental Considerations Drive Shift Indonesia is witnessing a growing trend towards underground mining as surface mineral reserves deplete. Irwandy Arif, from the Energy and Mineral Resources Ministry, highlights that underground mining, despite doubling operational costs and requiring up to four times the capital investment compared to open-pit mining, offers the potential for...
READ MOREFocus on Critical Minerals The Indian Mines Ministry is setting its sights on auctioning around 22 blocks of critical minerals that are currently in various stages of exploration. These blocks, spanning across nine states, are considered vital for numerous industrial applications, including electronics, lithium-ion battery manufacturing, paints, plastics, special alloys, and steel-making for military and...
READ MORE