MINING.COM

Simandou to mine first cargo by end of 2025

With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore.

Reuters | October 30, 2024 | 12:37 am

Botswana’s Debswana diamond sales fall over 50% in first nine months of 2024

Debswana, equally owned by Botswana and Anglo American Plc’s De Beers, sells 75% of its output to De Beers.

Reuters | October 30, 2024 | 12:25 am

Alcoa ‘very bullish’ on aluminum for energy transition

Megatrends are driving aluminum demand of 3%, 4%, and 5% every year its CEO said.

Reuters | October 29, 2024 | 5:11 pm

Lynas Rare Earths first-quarter revenue falls nearly 6%

The largest producer of rare earths outside China reported sales revenue of A$120.5 million for the three months ended Sept. 30.

Reuters | October 29, 2024 | 3:25 pm

Compass Gold signs mill deal to tap Tarabala deposit in Mali within months

Mali’s mining code allows Compass to mine up to 200,000 tonnes of ore a year in the country’s south and produce as much as 160,000 oz. of metal over the next four years.

Henry Lazenby - The Northern Miner | October 29, 2024 | 2:47 pm

Private equity deals in mining sector tumble by half in 2024 – report

Total transaction value as of Sept. 30 was $4.76 billion, down more than 50% compared to the $10.52 billion registered in the full year 2023.

Staff Writer | October 29, 2024 | 1:02 pm

Manuka clears pathway for silver production with reserve estimate for Wonawinta

Total ore reserves at the are estimated at 4.8 million tonnes grading 53.8 grams per tonne of silver, containing 8.4 million oz.

Staff Writer | October 29, 2024 | 11:14 am

Global Atomic anticipates $295m loan for Dasa project by Q1 2025

The loan would cover 60% of the uranium project's projected costs.

Staff Writer | October 29, 2024 | 10:02 am

Bunker Hill in line for $150m federal bank loan for Idaho silver project

The first stage of the restart, due to begin by June, carries a $54.8 million capital cost, according to a 2022 prefeasibility study.

Colin McClelland - The Northern Miner | October 29, 2024 | 9:32 am

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