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The Dalgaranga processing plant Coyne rejoins Spartan executive team
Published: 01 Jul 24
David Coyne has rejoined the executive team of gold company Spartan Resources, it was announced on Monday. An experienced CFO and director with more than 30 years’ Coyne, currently a nonexecutive director, would become an executive director and joint company secretary on August 1.
B2Gold invests in Yukon-focused Prospector Metals
Published: 01 Jul 24
Gold mining company B2Gold has agreed a strategic investment into Yukon-focused exploration company Prospector Metals. B2Gold will subscribe for 5.58-million shares at C$0.163 a share for gross proceeds of about C$909 311, said TSX-V-listed Prospector.
Central to the acquisition is the Magino mine Argonaut shareholders approve takeover by Alamos
Published: 01 Jul 24
The shareholders of Argonaut Gold have approved a special resolution for a takeover by fellow Canadian miner Alamos Gold. The arrangement resolution received overwhelming approval with 99.58% of shareholders present in person, or represented by proxy, giving their thumbs up.
Progress made in reducing water lettuce invasion in Vaal
Published: 01 Jul 24
The volume of the water lettuce and water hyacinth across the Vaal River Barrage Reservoir has reduced markedly over the past few months as removal efforts continue. According to a Rand Water statement, water lettuce and hyacinth coverage shrunk from 395 ha in April to 100 ha currently.
Teck's Quebrada Blanca mine, in Chile Copper supply gets a boost as Chile shows signs of recovery
Published: 01 Jul 24
Copper production in Chile, the world’s biggest supplier of the wiring metal, is showing signs of recovering from 20-year lows. Output in May was the highest this year, rising more than 8% compared with both April and the year earlier, according to data released Friday by the country’s bureau of statistics.
Rio to install carbon free aluminium smelting cells at Quebec smelter Rio to install carbon free aluminium smelting cells at Quebec smelter
Published: 01 Jul 24
Mining company Rio Tinto has announced a C$375-million demonstration plant equipped with carbon free aluminium smelting cells at its Arvida smelter, in Quebec. The plant, which will be owned in a new joint venture (JV) with the provincial government through Investissement Québec, will use the same technology that has been successfully demonstrated at the ELYSIS Industrial Research and Development Center in Saguenay—Lac-St-Jean.
Southern Copper to restart development of Peru mine on Monday Southern Copper to restart development of Peru mine on Monday
Published: 01 Jul 24
Peruvian copper producer Southern Copper, controlled by Grupo Mexico, plans on Monday to restart development of the long-postponed Tia Maria project, according to an internal document seen by Reuters. The Tia Maria mine, in the Islay province of Peru's Arequipa region, has been on hold for years amid community opposition over fears of the mine's environmental impact. Protests against the mine left six people dead between 2011 and 2015.
Nutrien says ‘black swan’ jolts are finally easing Nutrien says ‘black swan’ jolts are finally easing
Published: 01 Jul 24
The world’s biggest maker of crop nutrients said fertiliser demand is just now starting to stabilise from seismic shocks of the past few years that left the company with wild profit swings. “We’re getting back at least to a market that we would call stable,” Nutrien CEO Ken Seitz said Wednesday in an interview at Bloomberg’s headquarters in New York.
Caribou crossing the Kobur river Biden Administration shuts down plans for road key to unlocking Ambler mining district
Published: 01 Jul 24
The Biden Administration has officially halted plans for the Ambler Road in Alaska, dealing a blow to potential mining development in the region. The Ambler Road project, which aimed to construct a 340 km industrial road across BLM-managed lands, was intended to facilitate exploration and development in an area known for its rich copper-dominant polymetallic deposits. Trilogy Metals, in a joint venture with diversified miner South32, is one of the region’s potential developers. The road's construction faced fierce opposition from environmental groups and Native communities concerned about its potential impacts on wildlife and subsistence resources.
Laura Tyler Former BHP exec appointed to Adriatic board
Published: 01 Jul 24
Europe-focused Adriatic Metals has recruited Laura Tyler, a former executive at the world’s top miner BHP, to its board. Her appointment as a nonexecutive director is effective from July 1.
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