Underground mining

Insights on the Underground Mining Diamond Drilling Global Market to 2027 - Strategic Recommendations for New Entrants - ResearchAndMarkets.com

Retrieved on: 
Monday, July 20, 2020

The "Underground Mining Diamond Drilling - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Underground Mining Diamond Drilling - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Underground Mining Diamond Drilling market accounted for $414.00 million in 2019 and is expected to reach $691.00 million by 2027 growing at a CAGR of 6.6% during the forecast period.
  • Increasing investment in metal mining and growing demand for intelligent drill bits are the major factors propelling market growth.
  • Countries in South America are beginning to shift to underground mining from open-pit mining.

Torex Gold Reports Q2 2020 Production Results Including the Resumption of Full Operations in June

Retrieved on: 
Thursday, July 9, 2020

It is important to note that Muckahi is experimental in nature and has not been tested in an operating mine.

Key Points: 
  • It is important to note that Muckahi is experimental in nature and has not been tested in an operating mine.
  • Drill and blast fundamentals, standards and best practices for underground hard rock mining are applied in the Muckahi, where applicable.
  • The proposed application of a monorail system for underground transportation for mine development and production mining is unique to underground hard rock mining.
  • The mine design, equipment performance and cost estimations are conceptual in nature, and do not demonstrate technical or economic viability.

Foresight Announces Confirmation of Plan of Reorganization

Retrieved on: 
Wednesday, June 24, 2020

Holders of Foresights limited partnership units will not receive any recovery under the Plan.

Key Points: 
  • Holders of Foresights limited partnership units will not receive any recovery under the Plan.
  • With their cooperation, we have been able to achieve confirmation within four months of entering chapter 11.
  • We are working expeditiously to timely implement the Plan, and we look forward to emerging from the chapter 11 process in the coming weeks.
  • Foresight operates three longwall mining complexes with four longwall mining systems and the Sitran river terminal on the Ohio River.

Sierra Metals Confirms New High-Grade Silver Zone at Its Cusi Mine, Mexico, Including 17 Meters True-Width of 428 Grams Per Ton Silver, and Provides an Operational Update

Retrieved on: 
Thursday, June 18, 2020

During this period of care and maintenance, the management team has had the time to complete an optimised view of the entire mine operation.

Key Points: 
  • During this period of care and maintenance, the management team has had the time to complete an optimised view of the entire mine operation.
  • The Company plans to use a sublevel stoping method for extraction, which is better suited to the rock/mineral environment.
  • Additionally, during the second half of the year, studies will commence on the potential expansion of Cusi.
  • Both geochemistry and assays feature the analyses for the primary elements to be reported at Cusi (Au, Ag, Pb, Zn).

Hoist Group Announces the Launch of Program Phoenix Along With its New Subscription Business Model to Help EMEA Hotels Swiftly Recover from the Impact of COVID-19

Retrieved on: 
Wednesday, June 17, 2020

Today, Hoist Group is launching Program Phoenix to support hotels across Europe, the Middle East and Africa (EMEA) to not only meet the requirements of the post-COVID-19 world, but also start to thrive again in this challenging environment.

Key Points: 
  • Today, Hoist Group is launching Program Phoenix to support hotels across Europe, the Middle East and Africa (EMEA) to not only meet the requirements of the post-COVID-19 world, but also start to thrive again in this challenging environment.
  • "Comprising 20 very special offers, Program Phoenix is the broadest, most ambitious support program in the industry to date, and we are very proud to bring this to market today," said Alfonso Tasso, CEO at Hoist Group.
  • This new Subscription-based business model will ease this restriction by allowing hotels to use new technologies for a simple, monthly flat fee.
  • Modifying the way we charge by introducing a much simpler model is an important part of that effort."

Frontier-Kemper Awarded Blue Creek Energy Mining Project Valued at $63.7 Million

Retrieved on: 
Tuesday, May 5, 2020

Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Frontier-Kemper Constructors, has been awarded a contract valued at approximately $63.7 million by Warrior Met Coal BCE, LLC for the Blue Creek Energy Mine #1 project in Tuscaloosa County, Alabama.

Key Points: 
  • Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Frontier-Kemper Constructors, has been awarded a contract valued at approximately $63.7 million by Warrior Met Coal BCE, LLC for the Blue Creek Energy Mine #1 project in Tuscaloosa County, Alabama.
  • The scope of work includes the excavation and construction of the mine shaft, mine slope, slope hoist and service hoist.
  • The contract value has been included in the Companys first quarter 2020 backlog.
  • Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private clients and public agencies throughout the world.

Harte Gold Announces Continued Quarterly Production Growth

Retrieved on: 
Friday, April 17, 2020

Based on planning underway, the Company expects to enter higher grade stope areas later this year, which should have a positive impact on overall production growth.

Key Points: 
  • Based on planning underway, the Company expects to enter higher grade stope areas later this year, which should have a positive impact on overall production growth.
  • Prior to joining Harte Gold, Vince was Director, Exploration and Geology at Golden Star Resources Inc.
  • Harte Gold holds a 100% interest in the Sugar Zone Mine located in White River, Canada.
  • Specific forward-looking statements in this press release include, but are not limited to, forecasting gold production and operating cost guidance for 2020 and 2020 capital expenditures guidance.

Tanzanian Gold provides additional updates on its Buckreef Project  following previous announcement doubling Mineral Resources

Retrieved on: 
Wednesday, April 8, 2020

Following removal of the topsoil, oxide ore will be placed in several stockpiles on a separate Run-Of-Mine pad for blending as feed to the Oxide Plant.

Key Points: 
  • Following removal of the topsoil, oxide ore will be placed in several stockpiles on a separate Run-Of-Mine pad for blending as feed to the Oxide Plant.
  • Cold Commissioning; The Companys contractor has announced that before the end of the month they plan to initiate cold commissioning of the Oxide Plant.
  • In a cold commissioning test, all the parts of the plant will run but there will not be any ore processed.
  • Conceptual Underground Stope: The Companys Advisor, SGS Canada Inc., has completed a geotechnical assessment of the Buckreef Deposit at depths below the proposed open pit.

K92 MINING INC ANNOUNCES FIRST QUARTER RESULTS FROM THE KAINANTU GOLD MINE, WITH GOLD EQUIVALENT PRODUCTION OF 19,934 OZ

Retrieved on: 
Wednesday, April 8, 2020

Gold equivalent for 2020 based on the following prices: gold $1,500 per ounce; silver $17.75 per ounce; and copper $2.70 per pound.

Key Points: 
  • Gold equivalent for 2020 based on the following prices: gold $1,500 per ounce; silver $17.75 per ounce; and copper $2.70 per pound.
  • Importantly, development achieved record advance rates of ~1.6km in Q1 consistent with the advance rates required in the long-term.
  • Production stoping from our first long hole stope commenced in late Q1.
  • And lastly, we would like to highlight that Kainantu continues to operate in the Covid-19 pandemic environment.

BUNKER HILL ANNOUNCES COMMENCEMENT OF DRILLING AND SAMPLING PROGRAMS AT THE BUNKER HILL MINE

Retrieved on: 
Wednesday, April 1, 2020

TORONTO, April 01, 2020 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (CSE-BNKR) (Bunker Hill or the Company) is pleased to announce the commencement of diamond drilling and sampling programs designed to provide confirmation data on mineral resources in the UTZ, Newgard, and Quill ore zones.

Key Points: 
  • TORONTO, April 01, 2020 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (CSE-BNKR) (Bunker Hill or the Company) is pleased to announce the commencement of diamond drilling and sampling programs designed to provide confirmation data on mineral resources in the UTZ, Newgard, and Quill ore zones.
  • Concurrent and complementary to this, channel sampling has also started in the some of the open stopes cut into that ore zone.
  • This will consist of at least 10,000 feet of diamond drilling from four to five drill stations.
  • About Bunker Hill Mining Corp.
    Bunker Hill Mining Corp has the exclusive option to acquire 100% of the marketable assets of the Bunker Hill Mine.