Excelsior Mining (TSX: MIN) just completed a pipeline corridor at the Gunnison copper project in southern Arizona, which means that the company is on track to deliver its first copper production in Q4 2019.
The building of the two-mile high-density polyethylene pipeline corridor connecting the Johnson Camp Mine processing facility to the production wellfield began in January.
“We are now more than 90% finished in terms of the entire construction process, and we look forward to completing the remaining elements over the next month,” Stephen Twyerould, Excelsior’s CEO and president, said in a media statement.
The 9,560-acre Gunnison project hosts the North Star deposit which, according to Excelsior, contains a measured and indicated copper resource of 4.99 billion pounds.
The mine is expected to produce 2.2 billion pounds of pure copper cathode over its 24 year lifespan.
NMDC (Chhattisgarh) supplied total of 169 rakes (0.65 MnT) of iron ore in the month of Aug’19, down 24% against 222 rakes (0.85 MnT) a month before in Jul’19, according to railway movement data maintained with SteelMint. Amid heavy rains, miner's iron ore production and dispatches were learned to have remained adversely impacted.
Billionaire Robert Friedland-backed High Power Exploration (HPX) has secured rights to develop a massive iron ore deposit in Guinea left undeveloped for years by its previous owners.
Private Chilean copper producer Mantos Copper has secured $250 million to fund the expansion of the sulphides concentrator at its Mantos Blancos operation, which will extend the life of the open-pit mine until 2035 and reduce costs.
Canadian bullion producer Eldorado Gold (TSX:ELD)(NYSE:EGO) said on Thursday that exploration carried out at its Quebec’s Lamaque mine so far this year revealed high grade mineralization beyond the 2018 resource model in the lower portion of the deposit, as well as more ore clusters.
Mine water management is currently a hot topic. Demands are changing and dewatering processes and efficiencies must be improved.
Eldorado Gold (NYSE: EGO) confirmed on Tuesday that it has recieved installation permits for its Skouries project and its Olympias mine from the Greek Ministry of Energy and Environment.