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Newmont Pours First Gold at Long Canyon
Newmont Mining poured the first gold at its new Long Canyon mine in northeast Nevada on November 8 and declared commercial production at the project a week later. Long Canyon is an open-pit oxide mine in an emerging gold district less than 100 miles from Newmont’s existing Nevada operations. Declaration of commercial production was based on ongoing plant availability of more than 85% and achieving a minimum of 70% of modeled leach recovery. Long Canyon was completed two months ahead.... read
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Feasibility Study Supports Hardrock Project
Centerra Gold and Premier Gold Mines have reported positive results from a feasibility study for their Hardrock gold project in Geraldton, Ontario, approximately 250 km northeast of Thunder Bay. The study supports development of an open-pit mine and processing facilities that would produce an average of 288,000 oz/y of gold over a mine life of 14.5 years. Mill throughput is planned at 27,000 mt/d. During its first four full years of operation, Hardrock would produce an estimated 356,000 oz/y from a total of 38 million mt milled at an average.... read more
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Trevali Discovers High-grade Zone at Santander
Trevali Mining reported in late October that the ongoing 2016 underground exploration program at its Santander mine in central Peru has discovered a zone of exceptional high-grade zinc-lead-silver mineralization that remains open for expansion. A sub-horizontal drill hole targeting an area between the mine’s Magistral Central and Magistral North zones intercepted.... read
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Las Bambas to Resubmit Environmental Plan Following Protests
The Peruvian government has asked MMG to resubmit an environmental plan for its Las Bambas copper mine, in order to include more feedback from local communities. Vice President Martin Vizcarra noted the mine will be allowed to operate as usual while it prepares an “integral” environmental impact study, local paper La República reported. The move is part of the new government’s strategy to rebuild trust on the project following deadly protests from locals, which halted exports from the mine, one of the world’s biggest copper pits.... read more
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| AROUND THE
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Galaxy Starts Lithium Concentrate Production at Mount Cattlin
Galaxy Resources began commissioning its 100% owned Mount Cattlin lithium concentrate production facility near Ravensthorpe, Western Australia, in mid-November. First lithium concentrate was produced on November 12. Design capacity is 137,000 metric tons per year (mt/y) of lithium concentrate. Galaxy expected to implement.... read
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Northern Star Expanding Jundee Gold Production
Northern Star Resources has announced plans to increase plant throughput and gold production at its Jundee operations in central Western Australia following outstanding exploration results and a highly successful trial at the processing plant in October. The first phase of production growth will see plant throughput capacity increased by 25% by adjusting operating parameters within the existing infrastructure, mainly through the introduction of secondary crushing to the blended mill feed and higher SAG mill throughput by greater utilization of available motor power. This growth will be achieved at a minor.... read
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Gold Fields Extending Mine Life at Damang
Gold Fields has announced plans to extend the life of its Damang gold mine in Ghana by eight years from 2017 to 2024 through investment of $1.4 billion in capital and operating expenditures. Over the life of the mine, a total of 165 million metric tons (mt) of material will be mined and 32 million mt will be processed at a grade of 1.65 grams (g)/mt, resulting in....
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2017 Looks to Be Worse for South Africa
As bad as the past year was for South Africa’s embattled mines, industry executives have the glum foreboding that 2017 is likely to be even worse. New black empowerment regulations may be the final strike that drive many out of business altogether. For some time now, the mines have been waiting for the latest iteration of the Mining Charter, a set of rules designed to prod the industry into increasing black participation. The idea is to redress apartheid-era ownership that was entirely white. At that time, blacks were prohibited by law from any participation in mining other than menial low level.... read
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Impala Inaugurates New Port Facilities in Spain
Impala Terminals recently held an inauguration ceremony for its new logistics port facility for the storage and blending of minerals and metal concentrates located at the port of Huelva in Andalusia, on Spain’s southern coast. The new facility is the result of an ambitious construction project, creating a best-in-class facility for the reception, storage, blending, and export for minerals and metal concentrates.... read more
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Turkey Considers More Coal-fired Power
On November 7, Turkish Minister for Energy and Natural Resources Berat Albayrak, who is the son-in-law of Turkey’s powerful President Tayip Erdogan, announced that $5 billion had been invested in building 158 electricity generating plants during 2016. The government of Turkey is pursuing an aggressive industrial growth strategy that it is attempting to fuel local resource use, thus a large number of these plants are being built to run off indigenous coal. “As long as we use our renewable resources and our coal resources efficiently, we will be able to open new horizons for our country....
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Alberta Proposes Deal to Close Coal-fired Power Plants
The Alberta government might pay three coal power producers more than $1 billion over the next 14 years to compensate them for shutting down their plants early as part of its climate change agenda, the Calgary Herald reported. The province is nearing the end of negotiations over contract disputes that led to a controversial lawsuit, reaching three agreements with companies, two of which are tentative. Talks with a fourth player, Calgary-based public utility Enmax, are ongoing.... read more
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WVDEP, Alpha Natural Resources Reach $15 Million Settlement
The West Virginia Department of Environmental Protection (DEP) has reached an agreement with Alpha Natural Resources valued at about $15 million to resolve a recently filed lawsuit in the coal operator’s bankruptcy case. The settlement enhances DEP’s earlier settlement with Alpha and will provide additional bonding and other security for the coal operator’s ongoing reclamation obligations in West Virginia. Under the earlier settlement, announced in June, Alpha has posted bonds and other collateral totaling nearly $140 million with respect to its remaining mining sites in West Virginia. Alpha and Contura Energy Inc.... read more
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North Korea Rejects UN Sanctions on Coal Exports
The United Nations Security Council has unanimously imposed sanctions on North Korea, placing a cap on the country’s coal exports in response to its nuclear tests. The new resolution demands that North Korea “abandon all nuclear weapons and existing nuclear programs” and takes aim at the state’s exports of coal, its top external revenue source. Under Resolution 2321, North Korea will be restricted from exporting more than 7.5 million metric tons (mt) of coal next year, a 62% reduction from 2015. North Korea’s Ministry of Foreign Affairs said …. read more
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Rio Tinto terminated the contracts of Energy and Minerals Chief Executive Alan Davies and Legal and Regulatory Affairs Group Executive Debra Valentine . After reviewing the findings of an internal investigation into the 2011 contractual arrangements with a consultant who provided advisory services on the Simandou project in Guinea, the Rio Tinto board has concluded that executives failed to maintain the standards expected of them under its global code of conduct. Davies will be replaced by Bold Baatar , who will join the executive committee as energy and minerals chief executive...
Barrick Gold appointed Pablo Marcet to its board of directors. Marcet has held senior management positions in geology, mining operations and business development with South American mining operations, including 15 years at BHP Billiton..
Newmont Mining Corp. appointed Nancy K. Buese to succeed Laurie Brlas as executive vice president and CFO. Brlas is retiring.
Primero Mining appointed Helene Seim has been appointed general manager at Boliden’s Odda zinc smelter in Norway. She replaces Dag Berg , who has been general manager since 2010, and who has been appointed manager of research and development, strategic projects, within Boliden Smelters.
Premier Gold Mines Ltd. announced it has retained the services of Brent Kristof as vice president of operations. Most recently, he served as COO at Klondex Mines Ltd
Hans Jönsson, has been appointed as the new general manager of Aitik, effective June 1. Most recently, he was the general manager of Boliden’s zinc-silver mine at Garpenberg.
Atlas Copco appointed Helena Hedblom as president for the Mining and Rock Excavation Technique business area, starting January 1. She is currently president of the Rock Drilling Tools division in the same business area. She replace Johan Halling, who will retire.
McEwen Mining Inc. appointed Xavier Ochoa to president and COO. He joined the company in September as COO.
