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A preliminary economic assessment has proposed a 400 000 t/y operation with a 22-year life-of-mine.
EcoGraf is advancing towards securing $105-million for project development.
A scoping study has proposed the openpit mining of Target 1 and Target 4 at the project.
The project involves the construction of Africa’s first decarbonised iron plant.
Giyani Metals has secured $16-million in financing from South Africa’s Industrial Development Corporation.
A prefeasibility study has supported a disciplined path to restarting operations and realising significant vertical integration synergies with the Langeloth metallurgical facility.
Image Resources has received A$22-million from the sale of its final bulk shipment of heavy minerals concentrate from the project.
Lake Resources has announced a substantial increase in the resource estimate.
The direct-to-blister flash smelter is on schedule for commissioning in the fourth quarter of 2024.
Abcourt Mines started work in September to restart the operation.
West Wits Mining is in discussions with various potential capital providers for investments ranging from $15-million to $30-million in debt and equity.
Lift II will have a design capacity of 32 500 t/d, 400 m below Lift I, with a mine life to 2040.
Tantalex Lithium Resources Corp plans to build an operation with a nameplate capacity of 1.26-million tonnes a year of run-of-mine ore.
Treasury Metals has announced a nonbrokered private placement to raise up to C$4-million for the project.
Atlantic Lithium has announced that multiple broad intervals of visible spodumene have been observed in drilling outside of the current mineral resource estimate.
Andrada Mining has reported that resource validation drilling is planned over the northern and central pegmatite clusters.
Anson Resources has started construction of the sample demonstration plant at the project.
Erdene Resource Development Corp is developing what will be one of the highest-grade openpit gold mines in the world.
Spartan Resources announced a A$25-million institutional placement on November 17 to accelerate its growth strategy.
Jervois has started its underground resource extension programme at the RAM deposit at the Idaho Cobalt Operations.
Menar, telecommunications group MTN and technology giant Huawei have teamed up to bring fifth-generation technology to the Gugulethu colliery.
Sovereign Metals has announced that a bulk sampling programme is under way.
De Grey Mining plans to establish a gold mine with a ten-million-tonne-a-year throughput, in the Pilbara.
A prefeasibility study has significantly derisked and enhanced the economics of the project.
Barrick Gold plans to elevate this once-unprofitable operation into the front rank of copper producers.
Lucapa has paused work on a feasibility study on its Merlin project.
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