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U.S. Eases Sanctions on Venezuela Oil, Gas, and Gold Sectors after Election Deal
October 20, 2023
The United States is easing sanctions on Venezuela after the South American country’s government and opposition agreed to have next year’s election monitored by international observers. Sanctions will be eased on Venezuela’s oil, gas, and gold sectors. The next election
Fortuna Silver Mines Completes $57M Acquisition of Chesser Resources
October 19, 2023
Canadian precious metals mining company Fortuna Silver Mines has completed its $57.05 million (A$89 million) acquisition of Australian gold miner Chesser Resources. The transaction was implemented by way of a statutory scheme of arrangement pursuant to the Australian Corporations Act
MINExpo INTERNATIONAL Gears Up for Huge Show in 2024
October 19, 2023
MINExpo 2024 Las Vegas will be the world’s largest and most comprehensive global mining equipment, products and services exhibition. Organized by the National Mining Association (NMA), MINExpo INTERNATIONAL is a gathering place for all persons involved in mining equipment, safety
Lithium Americas Completes Reorganization, Creates Two Leading Lithium Companies
October 19, 2023
Lithium Americas, now Lithium Americas (Argentina) Corp. and a new Lithium Americas Corp. have completed the reorganization of Lithium Americas into two independent publicly traded companies, implemented by way of statutory plan of arrangement. “We look forward to seeing these
Freeport McMoRan Seeks to Extend Permit for Exporting Indonesian Copper
October 17, 2023
Freeport McMoRan will seek Indonesia’s approval to keep exporting mined copper beyond a May deadline to avoid building up stockpiles of concentrates as it ramps up output at a smelter it’s building at Jakarta’s request. The U.S. miner aims to
Nevada Gold Mines Signs Multi-year Agreement with Komatsu for 62 930E-5 Haul Trucks
October 16, 2023
Building on the proven success of Komatsu trucks at Barrick’s Lumwana Copper Mining Operation in Zambia, Nevada Gold Mines (NGM), signed a multi-year agreement with Komatsu to deliver 62 Komatsu 930E-5 haul trucks between 2023 and 2025. NGM is the
Epiroc’s Scooptram ST14 SG Sets New Standards for Automated, Zero-emission Underground Loaders
October 13, 2023
The Scooptram ST14 SG is the latest iteration of Epiroc’s battery-electric 14-tonne underground loader. By fusing zero-emission technology with advanced automation capabilities, the Scooptram ST14 SG makes operations safer, smarter, and more productive. Powered by connected, self-sustained batteries that provide
Cornish Metals Commences Wet Commissioning of South Crofty Mine Water Treatment Plant, UK
October 12, 2023
Cornish Metals, focused on its South Crofty Tin Project in Cornwall, United Kingdom, has commenced wet commissioning of its newly constructed Mine Water Treatment Plant (MWTP) at South Crofty. “The commencement of wet commissioning at the South Crofty MWTP is
As Loulo-Gounkoto Sustains Strong Performance, Barrick Hunts for New Discoveries in the Region, Mali
October 12, 2023
The Loulo-Gounkoto complex is set to maintain its status as one of the world’s top 10 gold producers as it stays on track to meet this year’s guidance and continues to replace the reserves depleted by mining, Barrick president and
TRX Gold to Increase Production as it Advances Mill Expansion at Its Buckreef Gold Project, Tanzania
October 11, 2023
TRX Gold Corporation said the new 1,000 tonne per day (tpd) capacity ball mill has arrived on site at the Buckreef Gold Project. Over the last few months, technical teams on site have commenced preparatory works in anticipation of receiving
