The $7bn greenfield mining project was developed by Koniambo Nickel SAS, a 51:49 joint venture between Société Minière du Sud Pacifique (SMSP) and Glencore (formerly Xstrata Nickel), which is the world's richest mining company as of 2014. Glencore also financed the majority of the project cost. "Koniambo is expected to produce 60,000t …

The influence of technology on the future of mining has vast potential. With the adoption of deep technology such as data analytics, robotics, automation and artificial …

Nickel Asia wholly owns four operational mines in the Philippines, with partial stakes in a further eight exploratory sites. The Manila-based corporation also has partial stakes in the country's two nickel processing plants. The deal also includes an investigation into the viability of constructing a high-pressure acid leaching (HPAL) plant ...

Credit: MA'ADEN (Saudi Arabian Mining Co.). Saudi Arabian Mining Company (Ma'aden) has discovered significant gold extending along a 125km strike from an existing gold mine in the country. The new discovery is said to be the first find from the company's exploration programme, launched last year. Launched last year, the …

In this issue. A new golden age: inside Ethiopian mining. Driven by gold and supported by Canada, Ethiopian mining is a sector full of potential for prospective investors. JP Casey asks how governments and companies can help realise this potential, to deliver a beneficial mining sector for all. See Also: Chilalo Graphite Project, Tanzania.

Innovation plays a critical role in the mining industry as a tool to improve the efficiency of its processes, to reduce costs, but also to meet the increasing social and environmental concerns among communities and authorities. Technological progress has also been crucial to allow the exploitation of new deposits in more complex scenarios: …

1) Disruptive technology is not new, but this wave is different. Disruptive technology has been changing the face of mining, with labour and other impacts, since mining began. But the coming wave is …

Credit: pointbreak via Shutterstock.com. Black Rock Mining has announced the approval of a $53.4m ($81.33m) loan from the Industrial Development Corporation (IDC) to fund its Mahenge Graphite Project in Tanzania. The loan is a significant step towards the full financing of the project, which is expected to commence production in 2026.

April 10, 2024. The project is reputed to be the biggest untapped iron ore reserve. Credit: Mr. Tempter via Shutterstock.com. Shareholders in the Simandou iron ore project in Guinea have signed financing agreements totalling $15bn, Bloomberg reported. Financial commitment is earmarked for the development of essential rail and port infrastructure.

Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral commodities.

Rio Tinto approves $77m PFS for WA iron ore project. The pre-feasibility study (PFS), due to complete by 2025, was preceded by an 'order of magnitude' study that pegged initial project capacity at 40 million tonnes per annum (mtpa). December 6, 2023. Rio Tinto plans to produce first ore from the Rhodes Ridge project by the end of 2030.

In the first draft of the current charter it called for a top-up of black ownership to 30% in a year, while the later draft in 2017 gave mining companies five years to increase the levels. For existing mines however, there is no required increase in the final draft. "The removal of the top-up from 26%-30% is important," says Chabana.

Australian company De Grey Mining has initiated an equity raise, aiming to secure around A$600m through a combination of a non-renounceable entitlement offer and an institutional placement. The raise will include a 1 for 7.95 pro rate entitlement offer to raise A$256.1m, including a A$174.2m institutional component and a A$82m retail …

Sirius Minerals has invested £3.2bn into its Woodsmith potash mine in the North York Moors, a highly ambitious project that aims to produce ten million tonnes of polyhalite a year by 2024. Still under construction, the mine is a technological marvel, although concerns remain about the financial stability of such an expansive project.

Mining companies must be able to get the systems-integration skill set right to maximize value creation. How effectively are the people changes managed, both the shift in culture and the change in …

Barrick Gold has deployed Australian space exploration company Fleet Space Technologies' ExoSphere system to bolster its copper exploration efforts at the Reko Diq site in Pakistan. ExoSphere, which utilises advanced space technology, AI and 3D multi-physics, is tasked with creating detailed 3D subsurface maps across an area exceeding …

GloabalData's analysis shows that 20 companies, such as technology vendors, a few established mining companies, and new start-ups, have engaged in developing and applying remote tunnel monitoring systems. Companies like Strata Worldwide assist with underground communications, tracking, monitoring and control …

March 29, 2022. Credit: Rio Tinto. Anglo-Australian mining company Rio Tinto has closed an $825m deal to take over the Rincon lithium project in Argentina from Rincon Mining. The deal was completed after clearance from Australia's Foreign Investment Review Board (FIRB). In December 2021, Rio Tinto signed a binding agreement to purchase Rincon ...

The latest mining news, industry trends and events from Global Mining Review magazine, including exploration & development, handling & processing and special reports.

Anglo-Australian mining giant Rio Tinto is poised to commence a $20bn mining project in West Africa's Simandou mountains following a delay of nearly 27 years, the Financial Times reported.. The project, which encompasses iron ore extraction, rail and port development in south-eastern Guinea, is touted as one of the world's most …

October 12, 2023. Drills have intercepted more than 1% lithium oxide at the Killick Lithium Project. Credit: Steve Morfi/Shutterstock.com. Piedmont Lithium, an ASX-listed lithium miner, has agreed to invest C$2m ($1.47m) to acquire a 19.9% stake in Vinland Lithium, a newly formed Canadian mining company. Vinland Lithium is owned by Sokoman ...

The Alouana copper-gold project in Morocco has a historical context, as small-scale mining took place in the last century. October 17, 2023. The rocks host copper, gold, silver, tungsten and zinc. Credit: RobSt/Shutterstock.com. Royal Road Arabia (RRA), part of Royal Road Minerals, has reached an option deal to acquire a stake in …

Jacinth-Ambrosia. The Iluka Resources-owned project is South Australia's only mine currently producing heavy minerals, such as zircon and ilmenite, through sand mining. The mine produced close to half a million tonnes of these materials in 2018 according to the state's Department for Energy and Mining, close to the mine's total …

January 27, 2014. Canadian mineral exploration company Tigray Resources has revealed compliant gold, copper, silver and zinc mineral resource estimate for the Terakimti volcanogenic massive sulfide (VMS) deposit at Harvest project. Harvest project is 70%-owned by Tigray Resources and is located in the Arabian Nubian Shield in northern …

Launched in 2018 by the Prospecting Secondary Raw Materials in the Urban Mine and Mining Wastes consortium, a pan-European alliance of banks, technology firms, and geological institutions, the project collates waste information from across the continent to offer new mining opportunities that may otherwise have gone ignored.

JP Casey June 15, 2020. A 2019 report estimated that the world's 3,500 large-scale mining operations produce over 100 billion tonnes of solid waste per year, highlighting the need for better mineral recovery in the industry. Credit: Ryanj93. Mining is big business, but also one of the world's biggest polluters.

Drilling and blasting is one of the most dangerous mining processes undertaken. Degrees of automation enable drill rigs to do much of their work independently, effectively removing people completely, or lessening workers' exposure to hazards such as dust, noise, vibration and, crucially, explosives. In countries where labour is expensive ...

At the Mine Road project, Slam Exploration claims to have intersected 14.51% zinc, 5.86% lead, 0.67% copper and 139.9g/t of silver over a 9m interval at one of the diamond drill holes. The hole also intersected 6.57% zinc, 2.78% lead, 0.46% copper and 68.1g/t of silver over a core interval of 3m. Another drill hole intersected 0.9% …

Aris Mining has entered a binding agreement with MDC Industry Holding (Mubadala) to acquire an additional 31% joint venture interest in the Soto Norte (PSN) gold-copper project in Colombia. Soto Norte is claimed to be one of the largest undeveloped underground projects in South America and is set to employ modern and sustainable …

A recent report has predicted that 5G in the mining industry will grow exponentially in the next six years, with strongest demand for the technology coming from the surface mining sector. Drone operation and AI. Drone autonomy also relies on 4G and 5G connectivity to operate successfully. With the help of rapid advancements in AI, the ...