Industry
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Harmony Gold Mining Company has reported that the project is on track.
Orion Minerals has reached the final stages of its acquisition of a controlling interest in the project.
South Star Battery Metals Corp has announced a binding sales agreement with a prominent US industrial graphite customer for the initial purchase of graphite concentrate from the Santa Cruz mine.
Akobo Minerals is making progress in resolving the recent challenges of nationwide fuel-supply disruptions and new customs procedures, enabling full site activity at the mine.
Hong Kong Ruihua Investment Management is to invest $10-million in Theta Gold Mines through a share subscription agreement.
West Wits Mining has secured firm commitments from unrelated existing and new sophisticated and professional investors to raise A$1.4-million to further progress the Qala Shadows project.
A production restart study has confirmed the mine’s exceptionally strong financial and technical merits.
The 2024 preliminary economic assessment has outlined the potential for a conventional openpit mining operation.
Sierra Rutile has reported the project as a globally significant Tier 1 natural rutile deposit, which presents a commercially attractive development opportunity.
A joint venture comprising Jubilee Metals Group and International Resources Holding plans to process more than 260-million tonnes of copper-containing surface material from the project.
Sandfire Resources is continuing to support the Sandfire Americas team to progress the project.
Testing on the graphite concentrate has been conducted over the past three months.
Sumitomo Metal Mining and Mitsubishi have thrown their support behind the project.
The project has received robust support from credit agencies and commercial banks.
Endeavour Mining announced the project's first gold pour on April 28.
G Mining Ventures has successfully drawn the remaining $33-million on its $75-million senior secured term loan.
The state of Michigan granted Highland Copper a performance-based grant for the project in April 2024.
Regis Resources plans to build a seven-million-tonne-a-year operation in Kings Plains, New South Wales.
Pilbara Minerals and Ganfeng Lithium Group signed a binding term sheet in March 2024 to complete a joint feasibility study on the project.
A capital expenditure optimisation study has resulted in a forecast increase in production of about 4.8%.
Early works activities for the expansion have been completed.
Centamin has allocated $14-million to complete the Doropo definitive feasibility study.
Kennecott has returned to underground production after more than 40 years.
GoviEx is in discussions with the government of Niger regarding the start of mining operations.
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