Minerals Council of Australia

North American Construction Group Ltd. Announces Appointment to Board of Directors

Retrieved on: 
Friday, March 1, 2024
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ACHESON, Alberta, March 01, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. ("NACG" or "the Company") (TSX & NYSE: NOA) announced today the appointment of Dr. Vanessa Guthrie AO to its Board of Directors, effective March 1, 2024.

Key Points: 
  • ACHESON, Alberta, March 01, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. ("NACG" or "the Company") (TSX & NYSE: NOA) announced today the appointment of Dr. Vanessa Guthrie AO to its Board of Directors, effective March 1, 2024.
  • Dr. Guthrie has broad strategic experience in the natural resources sector in Australia, spanning more than 30 years.
  • She has held a diverse array of senior leadership positions across operations, indigenous affairs, corporate development, and sustainability.
  • "We are delighted to welcome such an accomplished executive and board leader to our Board of Directors" commented Martin Ferron, Board Chair.

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

Retrieved on: 
Monday, October 9, 2023
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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: 
Monday, October 9, 2023
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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.

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

Retrieved on: 
Tuesday, May 9, 2023
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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.

Karora Announces an 8% Increase to the Beta Hunt Nickel Measured and Indicated Mineral Resource

Retrieved on: 
Tuesday, March 7, 2023
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This marks an increase of 1,500 nickel tonnes, or 8% compared to the January 31, 2022, Measured and Indicated Mineral Resource estimate (see Karora news release dated May 11, 2022).

Key Points: 
  • This marks an increase of 1,500 nickel tonnes, or 8% compared to the January 31, 2022, Measured and Indicated Mineral Resource estimate (see Karora news release dated May 11, 2022).
  • The represents an increase of 200 nickel tonnes, or 2%, compared to the January 31, 2022 Inferred Mineral Resource estimate.
  • The new Nickel Mineral Resource incorporates the addition of the Beta West Resource and updates to the Beta Central Resource.
  • Beta West covers remnant nickel mineralization west of the main Beta workings and comprises a Measured and Indicated Mineral Resource of 50,000 tonnes grading 2.3% for 1,160 nickel tonnes and an Inferred Mineral Resource of 5,000 tonnes grading 3.3% for 150 nickel tonnes.

Inpixon and Schauenburg Systems Team Up to Sell Real-Time Location Technologies to Mining Companies in South Africa

Retrieved on: 
Monday, September 19, 2022
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Schauenburg Systems is one of the leading technology and service providers in the South African mining market and works with multinational mining companies.

Key Points: 
  • Schauenburg Systems is one of the leading technology and service providers in the South African mining market and works with multinational mining companies.
  • Towards that end, Schauenburg Systems is partnering with Inpixon to incorporate various Inpixon technologies into their solutions.
  • We look forward to integrating Inpixon location technologies into our products to maximize the safety and productivity of our mining customers."
  • Nadir Ali, CEO of Inpixon, stated, "We are excited to work with Schauenburg Systems and to supply our technologies for the large mining operators in South Africa.

Karora Resources Announces Positive Nickel PEA for Beta Hunt Mine Producing 9,400 Payable Nickel Tonnes and Base Case Pre-Tax IRR of 105%

Retrieved on: 
Friday, August 12, 2022
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Karora is continuing to drill test for new nickel troughs encouraged by recent successes.

Key Points: 
  • Karora is continuing to drill test for new nickel troughs encouraged by recent successes.
  • The 90C drilling is a co-funded program with the Western Australian State Government under their Exploration Incentive Scheme (EIS).
  • Mr. Stephen Devlin is Group Geologist for Karora, a full time employee of Karora and a Fellow of the AusIMM.
  • Mr Devlin has reviewed and approved the disclosure of the technical information for the Beta Hunt Nickel Mineral Resource included in this news release.

Newmont Announces Senior Leadership Appointments

Retrieved on: 
Tuesday, August 2, 2022
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Today, Newmont Corporation (NYSE: NEM, TSX: NGT) announced the appointment of two senior operational leaders to key roles within the Company.

Key Points: 
  • Today, Newmont Corporation (NYSE: NEM, TSX: NGT) announced the appointment of two senior operational leaders to key roles within the Company.
  • As Senior Vice President Australia, Gous will lead Newmont Australias delivery of value through our core values of safety, sustainability, integrity, inclusion and responsibility.
  • Bates has been with Newmont since 2015, leading the Australia region as Senior Vice President since 2017.
  • Prior to Newmont, he held senior operational leadership positions across the resources industry globally.

Australia Mining Logistics Market to 2027: Major Players Include Toll Holdings, UC Logistics, Centurion, Tranz Logistics, and ATG Australian Transit Group - ResearchAndMarkets.com

Retrieved on: 
Monday, April 18, 2022
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The "Australia Mining Logistics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Australia Mining Logistics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
  • COVID-19 had an impact on the mining industry in the country, which further affected the mining logistics market.
  • The Australia Mining Logistics market competition is fragmented in nature with multiple domestic and international players, organized and unorganized small players operating in the market.
  • Some of the major players include Toll Holdings Limited, UC LOGISTICS Australia, CENTURION, Tranz Logistics, and ATG Australian Transit Group.

Karora Announces Updated Consolidated Gold Mineral Resource Highlighted by Maiden Gold Resource for the Larkin Zone at Beta Hunt; Consolidated Mineral Resource Now Totals 2.71 Million Measured and Indicated ounces and 1.21 Million Inferred ounces

Retrieved on: 
Thursday, April 7, 2022
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Mr Devlin has reviewed and approved the disclosure of the technical information for the Beta Hunt and Higginsville Gold Mineral Resource included in this news release.

Key Points: 
  • Mr Devlin has reviewed and approved the disclosure of the technical information for the Beta Hunt and Higginsville Gold Mineral Resource included in this news release.
  • There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.
  • The Measured and Indicated Mineral Resources are inclusive of those Mineral Resources modified to produce Mineral Reserves.
  • The Gold Mineral Resource are estimated using a long term gold price of US$1,600/oz with a US:AUD exchange rate of 0.70.