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Fission Uranium PEA Forecasts14-year Life for Patterson Lake South
Fission Uranium announced on September 3 summary results of an NI 43-101-compliant preliminary economic assessment (PEA) of the high-grade uranium resource identified to date within the Triple R uranium deposit at its 100% owned Patterson Lake South (PLS) property in northern Saskatchewan’s Athabasca basin. The PEA considers production of a total of 100.8 million lb of U3O8 over a 14-year mine life, with production averaging 13 million...... read
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Sabina Considers Downsized, 3,000-mt/d Plan for Back River
Sabina Gold & Silver reported the results of second feasibility study of its Back River gold project in Nunavut, Canada. The new study considers a 3,000-mt/d operation based only on the project’s Goose property. A previous study announced in May called for a 6,000-mt/d operation mining both the Goose and the George properties, which are separated by a distance of about 50 km.Sabina President and CEO Bruce McLeod said, “Both of these studies delivered very positive economic results, which.... read more
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Wesdome Expanding Gold Production at Eagle River
Wesdome Gold Mines has announced plans to increase gold production at its Eagle River complex in Ontario from a 2016 range of 54,000 oz to 60,000 oz to a 2019 range of 72,000 oz to 80,000 oz. Located near the north shore of Lake Superior 50 km west of Wawa, Ontario, the Eagle River complex includes the underground Eagle River mine, the open-pit Mishi mine, and the Eagle River mill. The increased gold.... read
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Hecla Plans Renewal of Mining at San Sebastian, Durango, Mexico
Hecla Mining announced in mid-September that it expects to begin production by the end of 2015 at its San Sebastian project in Durango state, Mexico. The San Sebastian property is located in the heart of the Mexican silver belt and contains a series of precious and base metal-bearing epithermal veins. Hecla mined the Francine vein from 2001 to 2005, producing 545,476 short tons (st) of ore containing 177,541 oz of gold and…… read
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Goldcorp, Teck Combine El Morro and Relincho Projects
Goldcorp and Teck Resources have agreed to combine their respective El Morro and Relincho projects in the Atacama region of Chile into a 50/50 joint venture that they have given the interim name of "Project Corridor." El Morro and Relincho are separated by a distance of about 40 km. Based on the results of a preliminary economic assessment (PEA), the companies plan to construct a conveyor to transport ore from El Morro…. read more
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| AROUND THE
WORLD - Australasia |
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Restart Scheduled for Mt Cattlin Lithium Mine
General Mining Corp. and Galaxy Resources are working toward a restart of production at the Mt Cattlin lithium mine near Ravensthorpe, Western Australia. General Mining is project operator and is working to earn a 50% interest in the project under an $A25- million earn-in agreement announced on June 9 and formalized on September 9. The Mt Cattlin mine has been on care and maintenance since July 2012. At full capacity, the concentrator…. read
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Boss Resources Will Acquire Honeymoon Uranium Project
Boss Resources reported on September 1 that it has agreed to acquire the Honeymoon in situ uranium project in South Australia from Uranium One Inc. The project is located near the South Australia/New South Wales border, approximately 80 km northwest of the town of Broken Hill. It produced a total of about 335 mt of U3O8 in 2011 and 2012 but was never fully commissioned and was placed on care and maintenance in 2013 …. read
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Asanko Targeting Early 2016 for First Gold Pour
Asanko Gold reported that Phase 1 of its Asanko gold mine project in Ghana is on track to pour its first gold in early 2016. As of mid-September, procurement for the project was complete, and the project was on budget, with $180 million of the planned $295 million capital cost spent. The project is wholly owned by Asanko, with a 10% free carried interest held by the….
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Randgold and AngloGold Combining to Revive Obuasi
Randgold Resources and AngloGold Ashanti have concluded an investment agreement aimed at the formation of a joint venture to redevelop and operate AngloGold Ashanti’s underground Obuasi gold mine in Ghana. AngloGold Ashanti converted Obuasi to limited operations at the end of 2014, ceasing underground production and retrenching the workforce, but continuing to process tailings and starting a feasibility study…. read
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Construction Starts at Kiziltepe Gold Mine in Western Turkey
Ariana Resources reported in early September that mine construction has begun at the Kiziltepe gold project on the joint-venture Red Rabbit property in western Turkey. Proccea Construction Co. is Ariana’s partner in the project and is managing construction. The companies anticipate that the mine will pour its first gold in the second half of 2016…. read more
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Court Orders Auction of Iron Mines in India’s Karnataka Province
India’s Supreme Court has ordered that 15 iron ore mines in the southern province of Karnataka be put up for auction and that the process be completed within eight months. The court order would impact even those mines that had restarted production in 2013 after the court had imposed a……
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Rio Tinto Sells Its Interest in Bengalla
Rio Tinto reached a binding agreement for the sale of its 40% interest in the Bengalla Joint Venture in Australia to New Hope Corp. Ltd. for $606 million. Bengalla is the smallest of three coal mines in the Hunter Valley of New South Wales in which Rio Tinto holds an interest, producing 8.6 million metric tons (mt) in 2014. Rio Tinto and Mitsubishi Development have recently agreed to a simplification to the ownership structure of Coal & Allied, which helps enable this transaction. The transaction is subject to certain conditions …. read more
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MSHA Proposes Rule Expanding Proximity Regulations
The U.S. Mine Safety and Health Administration (MSHA) published a proposed rule, Proximity Detection Systems for Mobile Machines in Underground Mines, on September 2 in the Federal Register. The rule would apply to shuttle cars, ram cars and scoops. As proposed, coal mine operators will be required to use proximity systems that cause a coal-hauling machine or scoop to stop before contacting a miner; provide audible…. read more
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Blackhawk Mining to Take Over Patriot Coal
In what ended up being a "robust and competitive" process, according to officials, Blackhawk Mining was the winner when the gavel fell at the auction of Patriot Coal’s remaining assets tied to its second bankruptcy filing in two years. The result is now awaiting approval by the court at Patriot’s next hearing on October 5. Should it be given the greenlight, it helps to solidify the infrastructure…. read
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Chris Curfman, vice president of Cat’s Mining Sales & Support Division, will retire at the end of the year. He joined Cat in 1994 and was appointed vice president of the Global Mining Division in 2004. His division will be integrated into the existing Global Mining machine business divisions. The surface mining sales and support teams will join the Hauling & Extraction Division, which will be renamed the Surface Mining & Technology Division, led by Caterpillar Vice President Tom Bluth. The underground mining sales and support teams will join the Material Handling and Underground Division, led by Caterpillar Vice President Denise Johnson.
Black Stone Minerals announced Dawn Smajstrla as the new vice president and chief accounting officer. Most recently, Smajstrla served as vice president, controller and chief accounting officer for Lime Rock Resources and Lime Rock Energy. .
Columbia Steel announced that current District Manager John Bergner has added dragline operations in Colorado, Wyoming and Montana to his customer base. Bergner has 17 years of experience representing dragline chain, rigging, and GET products, and more than three decades as a Columbia district manager.
Camfil Air Pollution Control appointed Christian Debus as the new executive vice president in charge of worldwide operations. He will be located at the Camfil APC office in Tuttlingen, Germany.
Skelly and Loy promoted Francis J. Gally III director of civil engineering. Gally will oversee staff, projects, and resources of the firm’s Civil Engineering Services Group, providing engineering, design, and construction support services for municipal, water resources, acid rock drainage remediation, and land development projects.
Sapa AS appointed Egil Hogna as the new president and CEO. He replaced Svein Tore Holsether. For the last six years, Hogna has led the downstream operations at Yara International. He previously served in a variety of management positions in Yara and Hydro, including CFO and head of investor relations. .
Strata Worldwide announced changes to its local executive management team in South Africa. Julian Ford,formerly executive vice president for proximity detection and collision avoidance, has now been named president and general manager of Strata’s South African operations. Prior to joining Strata, he was the head of engineering for Anglo American Coal South Africa.
Graham Howell, partner and principal structural and geotechnical consultant at SRK Consulting (SA), has been elected as a fellow of the South African Academy of Engineering (SAAE)..
