Australian Mining’s Post

Here's why we must always be focused on slashing costs, aiming for the left side of the cost curve to maximize our share of the magic pie. There's no other option—the victor takes all. Mining is among the most aggressive industries out there, so we've got to prioritize safety, environment, CSR, quantity, quality, cost control, and R&D. It's all about relentless mining! 🚀 #mining #nickel #responsiblemining

Heliostar Metals announces plans to restart mining operations at the La Colorada Mine in January 2025, focusing on the Junkyard Stockpile. The restart marks the first significant mining activity at the site since September 2023. Recent work at the stockpile included drilling, resource modeling, and metallurgical testing, with results to be detailed in a technical report expected in January 2025. Full details on Mexico Business News.   #MexicoMining #Gold #GoldMining https://lnkd.in/d4itd3EP

Weekly Mining News: 30-06-2024 1.    Adani and Hindalco Express Interest in Jharkhand Mines: Both companies are among seven bidders participating in a pre-bid conference to select a mine developer and operator (MDO) for Hindustan Copper’s mines in Jharkhand. 2.    Vedanta Resources to Regain Control of Konkola Mine: Vedanta Resources Ltd. is set to regain control of the Konkola copper mine in Zambia and plans to quickly ramp up production in anticipation of increased future demand. 3.    Iron Ore Prices Decline: In June, iron ore prices dropped by $7-10 per ton due to reduced steel demand and increased ore stocks at Chinese ports. 4.    India Enters Offshore Mining: To meet its ambitious clean energy targets and reduce reliance on mineral imports, India is exploring offshore mining for critical minerals. 5.    Increase in Gold Mining Tax Revenue: The Ministry of Finance reports a 39% increase in tax revenues from gold mining companies to the state budget for January-May 2024. 6.    Vale to Resume Operations at Brazilian Mines: Vale, the Brazilian mining giant, plans to restart operations at the Onca Puma and Sossego mines following the reinstatement of their licenses. 7.    Lundin Mining Considers Selling Zinc Mines: Lundin Mining is exploring the sale of its Zinkgruvan and Neves-Corvo zinc mines in Sweden and Portugal to raise funds for its copper projects in Argentina and Chile. 8.    Vale Tests New Electric Trucks: Vale is testing new energy-efficient, electric trucks from Caterpillar, which are noted for their impressive size and weight. 9.    Protests Against Lithium Mining in Serbia: Environmental activists and local citizens are intensifying protests against Rio Tinto’s lithium mining project near Loznica, Serbia. 10. Uttar Pradesh to Implement M-Sand Policy: Chief Minister Yogi Adityanath has instructed the mining department to swiftly implement the M-sand policy to promote manufactured sand as a sustainable alternative to river sand and moram. Ref: the cooldown, timesof india, themorningcontext, mining.com, business standard, gmk.centre etc.   https://lnkd.in/g9uFVChV

**Andrada Mining Limited - Q1 FY2025 Operational Update** We are pleased to share our operational update for the quarter ended 31 May 2024.   Key highlights include a year-on-year increase in ore processed to 237,976 tonnes and tin concentrate production rising to 364 tonnes. Our plant availability has improved to 93%, and we successfully produced and delivered our first tantalum consignment to AfriMet. CEO Anthony Viljoen commented: "Exposing planned ore zones has reduced our stripping ratio at Uis, to 1.5:1 as at the end of May 2024. Coinciding favourably with our expansion of both tin concentrate and contained tin production, we are ideally positioned to capitalise on the tin price rally that began in April 2024.” “Given the diversity of the minerals within our mining licences, we have broadened the scope of our strategic process beyond just the Uis mining licence. The expansion of the scope has the potential to unlock multiple partnership opportunities across our portfolio of assets. This process is progressing well, and we look forward to providing an update.” Financially, we maintain guidance on costs despite the introduction of the Orion royalty charges and ongoing mining cost increases. Our cash balance remains strong at GBP11.9 million as of 31 May 2024. Read more about our performance and future outlook: https://lnkd.in/dFJtVg3Z

Learn more: https://lnkd.in/dBaAnEBc When we refer to ore dilution, we are talking about the waste material that is not separated from the ore during the mining operation and is consequently mined with the ore. This waste material gets mixed with the ore and is then sent to the processing plant, leading to an increase in tonnage and a decrease in mean grade relative to the initial plan. Dilution control is crucial for maintaining the economic viability and sustainability of mining projects. #GroundHog #Mining #MiningBlog #OreDilution #QualityControl

BHP's possible $60 billion acquisition of Anglo American has set the mining sector abuzz. The Australian mining industry, in particular, could be greatly impacted if the deal goes through. BHP has until May 22, 2024, to make a firm offer, and if successful, this could be the biggest mining deal in recent history. Stay tuned for updates on how this potential acquisition could shape the future of the industry. It is understandable that these sort of deals would be tabled when iron ore commodity prices are likely to be affected in the future and with lithium mines currently struggling. It is a watch this space scenario.

South32’s Gemco to restart mining in June to build stocks; options restart limited exporting before the end of the year Things are DEFINITELY looking up for South32’s Gemco manganese mine but maybe no such good for competitors and speculators. The company today said that it will start a phased return to mining starting in June and will initially seek to build stocks ahead of the 2024/2025 wet season. Based on its preliminary schedule the company will start export wharf operations and export sales in the first quarter of 2025 and the phased return to mining activities will not change the expected timing. Alternative shipping options are being evaluated to mitigate the impact of the wharf outage. These options may establish ore export capability in advance of wharf operations. Mining is expected to start as soon as the mine has been dewatered and other recovery related activities are ongoing. The operational recovery to date has been focused on re-establishing critical services and dewatering targeted mining pits. BY ALANPATRICKRYAN

❓ How a METS company can penetrate the North American Mining market? What are the procurement managers of huge mines looking for? Why should a company in the US or Canada should a service/product from an Australian company? ⛏️ Those are the most common questions we are being asked about when talking about the mining market of North America. 🇺🇸 Navigating this competitive landscape requires a deep understanding of the unique challenges and opportunities it presents. Are you asking yourself those same questions? We've put together this article to give you all the keys you need in order to grow in the USA & Canada ! 📝 If you want to know more, contact us today to explore how Smart Mango can support your international growth! ☎️ #smartmango #internationaltrade #internationalbusiness #usa #us #canada #northamerica #mining #export #mets #australia #usmining #canadianmining #miningequipment

Exciting news in the mining world! The UK-listed miner has recently turned down an approach from BHP, leaving speculation open for other potential bidders to step in. This development could pave the way for interesting opportunities and strategic moves in the industry. Predicting the future of this situation, here are some insights to consider: 1. With the rejection of BHP's approach, other major players in the mining sector might be encouraged to make their own bids for the UK-listed miner. 2. The competitive dynamics in the industry could intensify as more bidders enter the fray, leading to potentially higher valuations for the target company. 3. Shareholders of the UK-listed miner will be closely monitoring any further developments to assess the impact on the company's share price and long-term prospects. 4. This situation offers a glimpse into the strategic maneuvers and negotiations that often unfold behind the scenes in the mining sector, highlighting the complex nature of deal-making and industry consolidation. Stay tuned for more updates as the story continues to unfold, shaping the future landscape of the mining industry. Exciting times ahead!

Learn more: https://lnkd.in/dJPCpQQy When we refer to ore dilution, we are talking about the waste material that is not separated from the ore during the mining operation and is consequently mined with the ore. This waste material gets mixed with the ore and is then sent to the processing plant, leading to an increase in tonnage and a decrease in mean grade relative to the initial plan. Dilution control is crucial for maintaining the economic viability and sustainability of mining projects. #GroundHog #Mining #MiningBlog #OreDilution #QualityControl