Mining Weekly News

Mining Weekly | Home Mining Weekly covers real-time news on mining projects across a range of minerals including gold, platinum, diamonds, copper and ferrous metals.

  • Probably more diamond industry uncertainty now than at any other point – Gemdax
    by Martin Creamer on 14 June 2024 at 1:53 pm

    While the diamond sector probably has more uncertainty now than at any other point, participants also probably have a bigger opportunity than ever to shape what the future will look like. “One thing's for sure, the way the industry has operated over the last decade is not going to be the way it operates in the next decade.

  • Lindian implements leadership changes to progress Malawi project
    by Tasneem Bulbulia on 14 June 2024 at 1:31 pm

    ASX-listed Lindian Resources has announced a cohort of board and leadership changes, effective immediately. Jack Fazio has resigned as nonexecutive director to assume a full-time role as project director.

  • Mali greenlights Leo’s exit from Goulamina lithium project
    by Creamer Media Reporter on 14 June 2024 at 11:32 am

    ASX-listed Leo Lithium has received conditional approval from the Mali government for the sale of its remaining 40% stake in Mali Lithium BV (MLBV) to China’s Ganfeng, a critical step in the company’s exit from the Goulamina lithium project. Leo announced last month that it had agreed to sell its remaining interest in MLBV, having failed to reach an agreement with the government over issues relating to the project.

  • Bibiani sulphide recovery plant long-lead items expected by mid-August – Asante
    by Creamer Media Reporter on 14 June 2024 at 11:09 am

    Ghana-focused Asante Gold has reported substantial progress at its sulphide recovery plant at the Bibiani gold mine, with the principle long-lead equipment expected to be delivered to site by mid-August. Installation of the sulphide recovery plant is expected to improve gold recovery and have a significant impact on the all in sustaining cost (AISC) per ounce produced and the profit margins at Bibiani. Gold recovery from sulphide ore is expected to increase from 70% to about 92%, the company said.

  • G7 leaders commit to faster transition from fossil fuels - draft statement
    by Reuters on 14 June 2024 at 10:46 am

    Leaders of the Group of Seven (G7) developed democracies will commit to accelerating their transition away from fossil fuels during this decade, according to a draft of a statement to be issued at the end of their ongoing summit in Italy. "We will transition away from fossil fuels in energy systems in a just, orderly, and equitable manner, accelerating actions in this critical decade, to achieve net-zero by 2050 in keeping with the best available science," says the draft seen by Reuters.

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