Category: Mining

RNC identifies new structure at Higginsville

A recent gravity survey completed at RNC Minerals’ Higginsville gold operation (HGO) has delineated a 5-km long prospective structure located north of the HGO mill. This structure appears to run sub-parallel to the major regional shears which control the gold distribution in the region.

“Although early-stage, our […]

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Mine planning: From strategy to operation to optimization

While mine planners need to design and implement plans that are safe and environmentally sustainable, the biggest factor in the success of a mining operation—what will ultimately determine whether it will proceed through feasibility studies and onto construction and development—is the level of potential […]

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Gold price: India suffers demand shock

Global gold demand in the second half of 2019 showed robust growth, largely on the back of investor appetite for physically-backed exchange traded funds, according to a Refinitiv GFMS report released on Wednesday.

However, jewellery, coin and and bar demand dropped around the world, Refinitiv reported.
Retail […]

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Alrosa would reopen Mir diamond mine in 2024

Russia’s Alrosa (MCX:ALRS), the world’s top diamond producer by output in carats, plans to resume operations at its Mir mine, which has been shuttered since 2017, with work on the project set to start in 2024, local authorities have said.

The underground diamond mine, which accounted for about 9% of Alrosa’s […]

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Five battery raw materials themes to watch in 2020

Many in the battery raw materials market were likely happy to see the back of 2019, as it was a year characterized largely by falling prices and disappointing performances from both the EV and consumer electronics sectors, research firm Wood Mackenzie said in a research note Monday.

But interest around electrification […]

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Gold price closes in on 7-year high

The gold price jumped to fresh near 7-year highs on Monday as worries about the spread of the coronavirus spurred investors to seek safe haven assets and global stock markets plummeted.

February gold futures, the most active contract with nearly 40m ounces traded on the day, was set to close above $1,580 […]

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Barrick irons out issues in Tanzania with “historic” deal

Canada’s Barrick Gold (TSX: ABX) (NYSE: GOLD) and Tanzania inked a deal on Friday that grants the African nation stakes in the three gold mines the company operates there, ending a long-running tax dispute and setting a template for negotiations with other firms.

The ceremony comes three months after both parties […]

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Superior to unveil new model cone crusher

Superior Industries, a US-based manufacturer and supplier of bulk material processing and handling systems, will add a new model to its line of Patriot Cone Crushers at CONEXPO-CON/AGG 2020 in March. It’s one of a dozen new products the company will introduce during the Las Vegas trade show.

The P500 model […]

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Brazil Minerals encouraged by diamond recoveries

Brazil Minerals (OTC PINK: BMIX) announced that its Pindaíba diamond operation in the eastern state of Minas Gerais has been producing a considerable amount of gem-quality stones.

In a press release, the miner said that the diamonds recovered locally that have been cut and polished, and later graded and […]

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