Ausenco

Luca Mining Reports Record Production at Tahuehueto, Consistent Positive Operating Cash Flow Achieved at Campo Morado, Management Updates and Retention of Market Maker

Retrieved on: 
Monday, March 4, 2024

VANCOUVER, BC, March 4, 2024 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) reports the following updates on its operations in Mexico and Management changes.

Key Points: 
  • VANCOUVER, BC, March 4, 2024 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) reports the following updates on its operations in Mexico and Management changes.
  • The mine achieved a new daily production record of 655 tonnes this week.
  • We are pleased to announce that Campo Morado is now consistently generating positive operating cash flow.
  • Concurrently, Campo Morado has been transformed into a positive cash flowing asset with substantial upside as a copper-zinc producer.

Lumina Gold Appoints Feasibility Study Consultants

Retrieved on: 
Monday, January 29, 2024

VANCOUVER, BC, Jan. 29, 2024 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) ("Lumina" or the "Company") is pleased to announce that it has appointed Ausenco Engineering Canada ULC ("Ausenco") to lead the Feasibility Study on its Cangrejos Gold-Copper Project ("Cangrejos" or the "Project") in southwest Ecuador.

Key Points: 
  • VANCOUVER, BC, Jan. 29, 2024 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) ("Lumina" or the "Company") is pleased to announce that it has appointed Ausenco Engineering Canada ULC ("Ausenco") to lead the Feasibility Study on its Cangrejos Gold-Copper Project ("Cangrejos" or the "Project") in southwest Ecuador.
  • Lumina is expecting the Feasibility Study to be completed in H1 2025.
  • Along with Ausenco, Lumina has appointed a full team of consultants to support the completion of the Feasibility Study.
  • Key consultants and responsibilities are listed below in Table 1.

 Capstone Copper Announces Commissioning Activities Underway at MVDP and Provides Corporate Update

Retrieved on: 
Thursday, December 21, 2023

Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) is pleased to announce that commissioning activities are underway at its Mantoverde Development Project (“MVDP”) in Chile.

Key Points: 
  • Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) is pleased to announce that commissioning activities are underway at its Mantoverde Development Project (“MVDP”) in Chile.
  • The Company is focused on a safe, efficient and phased project commissioning and ramp-up.
  • MVDP will increase the Company’s consolidated copper production by over 40% with a significant decrease in unit operating costs.
  • Mr. Bell has global expertise in corporate strategy, debt and equity financing, shareholder engagement, and mergers and acquisitions.

Canada Nickel Files Bankable Feasibility Study For its Crawford Nickel Sulphide Project

Retrieved on: 
Friday, November 24, 2023

TORONTO, Nov. 24, 2023 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQB: CNIKF), has filed a Bankable Feasibility Study ("BFS") for its wholly-owned Crawford Nickel Sulphide Project ("Crawford") located in Timmins, Ontario, Canada.

Key Points: 
  • TORONTO, Nov. 24, 2023 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQB: CNIKF), has filed a Bankable Feasibility Study ("BFS") for its wholly-owned Crawford Nickel Sulphide Project ("Crawford") located in Timmins, Ontario, Canada.
  • Crawford, located in the Timmins nickel district, is the world's second largest nickel reserve1.
  • Proven & Probable reserves of 3.8 million tonnes contained nickel from 1.7 billion tonnes ore grading 0.22% nickel make Crawford the world's 2nd largest nickel reserve[1].
  • With additional Inferred mineral resources of 3.7 million tonnes contained nickel, Crawford is the world's 2nd largest nickel resource1.

AIMCo Announces Senior Executive Appointment

Retrieved on: 
Thursday, November 23, 2023

EDMONTON, AB, Nov. 23, 2023 /CNW/ - The Alberta Investment Management Corporation (AIMCo), announced today the appointment of Shelley Nixon as Chief Legal Officer, effective January 29, 2024.

Key Points: 
  • EDMONTON, AB, Nov. 23, 2023 /CNW/ - The Alberta Investment Management Corporation (AIMCo), announced today the appointment of Shelley Nixon as Chief Legal Officer, effective January 29, 2024.
  • In this role, Nixon will be responsible for building a high-capacity legal, compliance, and governance function, working closely with the AIMCo executive team, as the company continues to transform operations and execution capabilities on behalf of clients.
  • "Shelley brings significant experience as a Chief Legal Officer, leader and change agent to AIMCo," said Evan Siddall, CEO of AIMCo.
  • Prior to joining AIMCo, Nixon was the President of Global Consulting at Ausenco Engineering Canada.

Luca Mining Announces Significant Performance Gains at Campo Morado, and AGM Results

Retrieved on: 
Monday, November 20, 2023

VANCOUVER, BC, Nov. 20, 2023 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce excellent results from its optimization program at the Company's wholly owned Campo Morado polymetallic mine in Guerrero, Mexico.

Key Points: 
  • VANCOUVER, BC, Nov. 20, 2023 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce excellent results from its optimization program at the Company's wholly owned Campo Morado polymetallic mine in Guerrero, Mexico.
  • These positive test results were achieved both in the laboratory and in the plant at Campo Morado.
  • The Company expects the optimization program to result in a revenue increase of at least 40% with only very modest capital expenditures.
  • Optimisation of primary grinding and implementing an effective mine-to-mill program, has enabled downstream improvements in flotation performance.

Eldridge, Brightstar, Claure Group Announce Definitive Agreement to Acquire Ausenco

Retrieved on: 
Friday, September 22, 2023

Ausenco, a global integrated engineering and consulting services provider to the minerals and metals industries, and energy transition market (the “Company”), today announced Eldridge, Brightstar Capital Partners (“Brightstar”), and Claure Group have signed a definitive agreement to acquire a majority stake of Ausenco from Resource Capital Fund VI L.P. and other co-investors.

Key Points: 
  • Ausenco, a global integrated engineering and consulting services provider to the minerals and metals industries, and energy transition market (the “Company”), today announced Eldridge, Brightstar Capital Partners (“Brightstar”), and Claure Group have signed a definitive agreement to acquire a majority stake of Ausenco from Resource Capital Fund VI L.P. and other co-investors.
  • The Company’s co-founder, Zimi Meka, will remain CEO, Board member and investor in Ausenco.
  • Mike Burke, former Chairman and CEO of AECOM, served as an advisor and partner to Eldridge and the buyer consortium.
  • Perella Weinberg Partners is acting as exclusive financial advisor to Ausenco in connection with the transaction.

Lumina Gold Announces Positive Cangrejos Pre-Feasibility Study; US$2.2 Billion NPV, 26 Year Mine Life and Production of 371,000 Gold Ounces Per Year and 41 Million Pounds of Copper Per Year

Retrieved on: 
Monday, April 17, 2023

The PFS demonstrates further improvements upon the Company's two prior preliminary economic assessments for the Project, with the latest being the 2020 Preliminary Economic Assessment (the "2020 PEA").

Key Points: 
  • The PFS demonstrates further improvements upon the Company's two prior preliminary economic assessments for the Project, with the latest being the 2020 Preliminary Economic Assessment (the "2020 PEA").
  • We believe that this is one of the best gold and copper development assets globally based on its surrounding infrastructure, scale and multi-decade mine life."
  • The PFS was initiated in 2022 and was produced by a team of independent consultants that possess extensive expertise in their respective fields.
  • Base case economics were calculated using a gold price of $1,650 per ounce, copper price of $3.75 per pound and a silver price of $20.00 per ounce.

Arizona Sonoran Engages Ausenco to Lead the Cactus and Parks/Salyer Pre-feasibility Study and Appoints Victor Moraila as Chief Engineer

Retrieved on: 
Monday, March 6, 2023

The Project, on private land, is a brownfields site with in-place infrastructure and is accessible via highway, 45 miles south of Phoenix, Arizona.

Key Points: 
  • The Project, on private land, is a brownfields site with in-place infrastructure and is accessible via highway, 45 miles south of Phoenix, Arizona.
  • Additionally, the Company is pleased to announce the appointment of Victor Moraila as Chief Engineer, joining as the Company transitions into a US-based copper developer.
  • Mineralized material will be sourced from four deposits initially, including the Stockpile, Cactus East, Parks/Salyer and Cactus West.
  • Most recently, Victor was Chief Mine Engineer for Nevada Gold Mine’s Long Canyon Mine and prior to that, Mine Operations Superintendent for SSR Mining’s Marigold Mine.

Alpha Lithium Appoints Ausenco to Commence PEA for Lithium Carbonate Plant in Argentina

Retrieved on: 
Monday, January 9, 2023

VANCOUVER, British Columbia, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) (“Alpha” or the “Company”), a company focused on the development of over 27,500 hectares of what may be the last, 100% owned, undeveloped lithium salar in the Salta region of Argentina, is pleased to report that after an extensive review and selection process, Australian-based Ausenco Limited (“Ausenco”) has been selected to undertake a Preliminary Economic Assessment (“PEA”) of a proposed 50,000 tonne/year high-purity lithium carbonate production plant in Tolillar salar.

Key Points: 
  • Alpha has prepared an internal financial model that will form the basis of the PEA, with all inputs, processes and results being confirmed by Ausenco as part of its engagement.
  • The Company continues to drill in Tolillar salar and expects to complete an updated 43-101 Resource Report in the coming weeks.
  • Ausenco will require approximately six months to complete the PEA, with final results of the study expected to be published in Q3 2023.
  • All operations and assets of the Company are in Argentina and are fully managed by Alpha Lithium Argentina SA (“Alpha SA”) utilizing local employees and consultants.