Australasian Institute of Mining and Metallurgy

NORGE MINING PLC (“Norge Mining” or the “Company”): JORC Resource at Skeipstad Confirms High Grade Vanadium and Titanium

Retrieved on: 
Montag, Oktober 9, 2023
Natural Resources, Manufacturing, Other Natural Resources, Mining, Minerals, Machine Tools, Metalworking & Metallurgy, Competent person, Mineral, Doctor of Philosophy, Vanadium, Australasian Institute of Mining and Metallurgy, Geology, Mineral resource classification, Australian Securities Exchange, Competence, Titanium, SRK, Titanium dioxide, Geological Society of London, Resource, High grading, Committee, Minerals Council of Australia, FGS, Iron(II,III) oxide, Metallurgy, Mineral Resources Limited, V2O5, International, Uranium mining, Iron ore

Magnetite (Fe3O4) has, however, been reported for the first time in the latest 2023 resource as testwork has indicated this does have the potential to be recovered.

Key Points: 
  • Magnetite (Fe3O4) has, however, been reported for the first time in the latest 2023 resource as testwork has indicated this does have the potential to be recovered.
  • After the roast/leach test work the vanadium in solution was purified and calcined to produce commercial grade vanadium pentoxide.
  • The overall recovery of vanadium as vanadium pentoxide achieved in this testwork from the magnetite concentrate to (calcined) vanadium pentoxide was in the range of 72% to 80%.
  • This geology has resulted in particularly high grades of vanadium and titanium, the quality of which brings the potential for economic extraction by a combination of open pit and underground mining.

NORGE MINING PLC (“Norge Mining” or the “Company”): JORC resource at Storeknuten doubles to almost 2 billion tonnes

Retrieved on: 
Montag, Oktober 9, 2023
Mining, Minerals, Natural Resources, Competent person, Mineral, Doctor of Philosophy, Vanadium, Australasian Institute of Mining and Metallurgy, Mineral resource classification, Australian Securities Exchange, USD, Competence, Titanium, Food, SRK, Titanium dioxide, NSR, Geological Society of London, LFP, Resource, Committee, Minerals Council of Australia, FGS, Metallurgy, Mineral Resources Limited, Canada, International, Uranium mining, Iron ore

The tonnage reported has also been restricted to those blocks which exceeds a Net Smelter Return (NSR) cut-off of USD 16.3/t.

Key Points: 
  • The tonnage reported has also been restricted to those blocks which exceeds a Net Smelter Return (NSR) cut-off of USD 16.3/t.
  • SRK has treated the Storeknuten Hillfort and Eiaveien Road as limiting factors in reporting open pit Mineral Resource (i.e.
  • No other environmental and social risks and issues have been used to limit the reporting of Mineral Resource according to the RPEEE criteria at this stage.
  • Mineral Resources are not Ore Reserves and do not have demonstrated economic viability, nor have any mining Modifying Factors been applied.

Arras Drilling Expands Resource Potential 1km to the South and Intercepts 500 Metres of Continuous Cu-Au-Ag Mineralization at Its Beskauga Licence in Kazakhstan

Retrieved on: 
Dienstag, September 19, 2023
ARK, Quartz, Vein, Molybdenum, Magnetic anomaly, Geo, Metallurgy, KGK, Projection, Gold, National instrument, Mineral resource estimation, Australasian Institute of Mining and Metallurgy, News, Rare-earth element, Fused quartz, Uranium mining, Road, Silver, Copper, Mining

A 1 km drill step out from main deposit shows continued mineralization: Holes Bg23025 & Bg23026 were drilled 1 kilometer outside of the main mineral resource at Beskauga and returned 500m+ zones of continuous mineralization.

Key Points: 
  • A 1 km drill step out from main deposit shows continued mineralization: Holes Bg23025 & Bg23026 were drilled 1 kilometer outside of the main mineral resource at Beskauga and returned 500m+ zones of continuous mineralization.
  • Including: 69.0 m grading 0.45 % CuEq - (0.39 g/t Au, 0.12% Cu, 0.70 g/t Ag) starting at 420.0 m depth down-hole.
  • Tim Barry, CEO, commented, “It is very pleasing to see long continuous zones of mineralization drilled well outside the existing resource at Beskauga.
  • It is also particularly pleasing to see zones of high-grade mineralization grading up 1.16% CuEq over 11 meters and 0.77% CuEq over 21 meters within these longer intercepts.

Rio Tinto and First Quantum complete La Granja joint venture transaction

Retrieved on: 
Sonntag, August 27, 2023
Alternative Energy, Energy, Natural Resources, Mining, Minerals, Transfer, Partnership, Metal, Competence, Resource, Competent person, First Quantum Minerals, Metallurgy, Rio Tinto, Government, Tinto, Government of Peru, Annual report, Copper, Australasian Institute of Mining and Metallurgy, Mineral Resources Limited, The Transfer Agreement, Uranium mining

Rio Tinto and First Quantum Minerals ("First Quantum") have completed a transaction to form a joint venture that will work to unlock the development of the La Granja project in Peru, one of the largest undeveloped copper deposits in the world.

Key Points: 
  • Rio Tinto and First Quantum Minerals ("First Quantum") have completed a transaction to form a joint venture that will work to unlock the development of the La Granja project in Peru, one of the largest undeveloped copper deposits in the world.
  • It will invest up to a further $546 million into the joint venture to sole fund capital and operational costs to take the project through a feasibility study and toward development.
  • As majority owner, First Quantum will now operate the La Granja project with initial work focussed on completing the feasibility study, as per the Transfer Agreement signed with the Government of Peru.
  • Rio Tinto Copper Chief Executive Bold Baatar said: “Developing La Granja would provide a significant new supply of copper and further strengthen Rio Tinto’s portfolio of materials needed for the energy transition.

Arras Minerals Reports First High-Grade Gold and Silver in Grab Samples From the Elemes License

Retrieved on: 
Dienstag, Juli 11, 2023
ARK, Quartz, Arras, Vein, Zinc, Atmosphere, ISO, 3D, AAS, Lead, KVA, QA/QC, Element, Metallurgy, NW, Geo, Republic of Ireland, Radius, UKAS, KAZ, Inductively coupled plasma mass spectrometry, Gold, NE, Laboratory, Quality control, National instrument, Quality assurance, SE, ICP-MS, Australasian Institute of Mining and Metallurgy, ALS, News, G, Uranium mining, Copper, Rare-earth element, Palladium, Eleme people, Mining

Arras Minerals License Package (Pavlodar, Kazakhstan)

Key Points: 
  • Arras Minerals License Package (Pavlodar, Kazakhstan)
    A summary of grab samples with over 5.0 g/t gold announced in this news release is outlined in the table below.
  • Location of the Soviet-era trenches re-sampled by Arras at the Karagandy-Ozek project, Elemes license, showing gold assays (g/t) for the grab samples.
  • Location of the Soviet-era trenches re-sampled by Arras at the Karagandy-Ozek project, Elemes license, showing silver assays (g/t) for the grab samples.
  • Location of the Soviet-era trenches re-sampled by Arras in the northern zone of the Karagandy-Ozek project, Elemes license, showing gold assays (g/t) for the grab samples.

Rio Tinto invests to strengthen copper supply in US

Retrieved on: 
Dienstag, Juni 20, 2023
Natural Resources, Manufacturing, Other Natural Resources, Mining, Minerals, Machine Tools, Metalworking & Metallurgy, NRS, LCS, Workplace, Person, Competent person, Competence, S&P/ASX 300, ASX, Molybdenum, Rio Tinto, Metallurgy, USD, BEV, Tinto, Resource, Investment, Rio Tinto (corporation), Copper, Health, Australasian Institute of Mining and Metallurgy, Mineral Resources Limited, Uranium mining, Iron ore, Salt Lake Valley

Rio Tinto is investing in its Kennecott operation near Salt Lake City, Utah, to strengthen its supply of copper in the United States by increasing production from underground mining and improving the health of key assets.

Key Points: 
  • Rio Tinto is investing in its Kennecott operation near Salt Lake City, Utah, to strengthen its supply of copper in the United States by increasing production from underground mining and improving the health of key assets.
  • In September 2022, Rio Tinto approved development capital totalling $55 million to start underground mining in an area known as the Lower Commercial Skarn (LCS).
  • Rio Tinto Copper chief operating officer Clayton Walker said: “We are investing to build a world class underground mine at Kennecott and strengthen our processing facilities, to meet the growing demand for copper in the United States, a key material for domestic manufacturing and the energy transition.
  • All the above investments are already included in Rio Tinto’s share of capital investment guidance for 2023 to 2025.

Veracio and AusIMM Join Forces to Empower Industry Leaders with Advanced Data Technologies for Informed Decision Making

Retrieved on: 
Dienstag, Juni 6, 2023
Partnership, Miner, Australasian Institute of Mining and Metallurgy, SALT, Metallurgy, Mining, Estimation, Knowledge, AI, Conference, Automation, Management

The primary objective of this partnership is to empower industry leaders by equipping them with advanced data technologies, enabling them to make critical decisions swiftly while minimizing their environmental impact.

Key Points: 
  • The primary objective of this partnership is to empower industry leaders by equipping them with advanced data technologies, enabling them to make critical decisions swiftly while minimizing their environmental impact.
  • By providing valuable insights and knowledge, Veracio and AusIMM aim to support leaders in leveraging these technologies effectively.
  • To learn more about Veracio’s vision for smarter data and a smaller footprint, visit www.veracio.com .
  • More information about AusIMM and its extensive list of events, courses and other resources can be found at https://www.ausimm.com .

Capella Granted Exploration Permits for Northern Finland Gold-Copper Project

Retrieved on: 
Dienstag, Mai 30, 2023
Society, University, Central Lapland Greenstone Belt, ASX, FRA, Metallurgy, Joint venture, Australasian Institute of Mining and Metallurgy, Society of Economic Geologists, Lac Minerals Ltd v International Corona Resources Ltd, Geology, Gold, NE, NI, Anglo American plc, Anomaly, SEG, GTK, Copper, News, Mining, Rare-earth element, Capella

VANCOUVER, BC, May 30, 2023 /PRNewswire/ - Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella" or the "Company") is pleased to announce that it has been granted exploration permits covering five priority gold-copper ("Au-Cu") targets on its Northern Finland Gold-Copper project.

Key Points: 
  • VANCOUVER, BC, May 30, 2023 /PRNewswire/ - Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella" or the "Company") is pleased to announce that it has been granted exploration permits covering five priority gold-copper ("Au-Cu") targets on its Northern Finland Gold-Copper project.
  • The granted exploration permits allow the Company to undertake more detailed field evaluations - including ground geophysical surveys and diamond drilling - within the individual target areas.
  • Locations of the five granted exploration permits (Saattopora W, Keisunselka, Jolhikko, Katajavaara, and Killero E) within the Northern Finland Gold-Copper Project.
  • Mr. Roth has 35 years of experience in international minerals exploration and mining project evaluation.

Fortuna to strengthen its presence in West Africa with the acquisition of Chesser Resources

Retrieved on: 
Dienstag, Mai 9, 2023
FSM, Barrick Gold, Senior, Resource, Tax, FVI, Register, Acquisition, Transaction, Court, News, NYSE, IRR, Agreement, CIL, Corporation, Minerals Council of Australia, Reserve, National instrument, National Instrument 43-101, TSX, Australasian Institute of Mining and Metallurgy, Exercise, Association of Professional Engineers and Geoscientists of Alberta, LLP, Disclosure, CAD, Federal court, Area D, Mineral, Canadian Institute of Mining, Metallurgy and Petroleum, Blake, Cassels & Graydon, Gold, Independent Expert Panel, NI, Scheme, Mineral Resources Limited, ASX, Association for Library Collections and Technical Services, Metallurgy, Security (finance), Mining, Uranium mining, Cryptocurrency, Chesser, Petroleum

The Scheme Consideration represents a purchase price of approximately A$0.1421 for each Chesser Share and values the transaction at approximately A$89.0 million (CAD$80.6).

Key Points: 
  • The Scheme Consideration represents a purchase price of approximately A$0.1421 for each Chesser Share and values the transaction at approximately A$89.0 million (CAD$80.6).
  • Upon implementation of the Scheme, Fortuna expects to issue up to 15,545,682 Fortuna Shares to Chesser shareholders, representing approximately 5.1% of the issued and outstanding Fortuna Shares on an undiluted basis.
  • The acquisition of Chesser will expand Fortuna’s presence in West Africa to include the preliminary economic assessment stage Diamba Sud Gold Project (“Diamba Sud”) in Senegal, one of the new and emerging gold discoveries in the region.
  • Fortuna will prioritize exploration to expand the mineral resource before advancing Diamba Sud to development stage.

Rio Tinto and First Quantum Minerals partner to progress the La Granja copper project in Peru

Retrieved on: 
Donnerstag, März 30, 2023
Natural Resources, Other Manufacturing, Manufacturing, Mining, Minerals, Partnership, Competence, Resource, Competent person, First Quantum Minerals, Metallurgy, Rio Tinto, Oyu Tolgoi mine, Government, Tinto, Government of Peru, Acquisition, Annual report, FQM, Copper, Australasian Institute of Mining and Metallurgy, Mineral Resources Limited, Cryptocurrency

Rio Tinto and First Quantum Minerals ("First Quantum") have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Peru, one of the largest undeveloped copper deposits in the world.

Key Points: 
  • Rio Tinto and First Quantum Minerals ("First Quantum") have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Peru, one of the largest undeveloped copper deposits in the world.
  • The joint venture will bring together the combined knowledge, expertise and resources of Rio Tinto and First Quantum Minerals to progress the project.
  • As majority owner, First Quantum will then operate the La Granja project with initial work focussed on completing the feasibility study.
  • Rio Tinto Copper Chief Executive Bold Baatar said: “La Granja is an exciting but complex project that has the potential to be a significant new source of the copper that is needed for the energy transition.