Articles for tag: Endeavour, expansion, Gold, pours, Senegal

April 29, 2024

Ron Finklestien

mining

Endeavour pours first gold at Senegal mine expansion

Lawrence Manjengwa, vice president and head of operations at Sabodala-Massawa, pictured with the first gold bar from the expansion. (Image courtesy of Endeavour Mining.) Lawrence Manjengwa, vice president and head of operations at Sabodala-Massawa, pictured with the first gold bar from the expansion. (Image courtesy of Endeavour Mining.) Lawrence Manjengwa, vice president and head of operations at Sabodala-Massawa, pictured with the first gold bar from the expansion. (Image courtesy of Endeavour Mining.) Commercial production at the expansion project is expected late in the second quarter and it will ramp up to its nameplate capacity of 1.2 million tonnes a year in the

March 25, 2024

Ron Finklestien

mining

Nexa Resources looks to broaden horizons in Peru Nexa Resources looks to broaden horizons in Peru

When other enterprises are playing it safe, Nexa Resources is seizing the day, peering across the horizon towards Peru. Following on the heels of Nexa’s audacious declaration in January, earmarking a staggering $58 million for exploration this year, the Brazilian powerhouse affirms its commitment to a long-term vision of replacing and expanding mineral reserves and resources. Nexa’s footprint sprawls across nine strategic locales spread between Brazil and Peru – a potent cocktail of three refineries and six mines. It’s a tapestry that includes the illustrious Cerro Lindo, a stalwart among the top 20 largest zinc mines across the globe. And

March 19, 2024

Ron Finklestien

mining

Antofagasta’s Bold Move: $2.5 Billion Pours in for Centinela’s Expansion

New Horizons Unveiled A testament to Antofagasta’s finesse in unlocking value within its portfolio, the Centinela Second Concentrator project is poised to redefine the copper production landscape. With Chief Executive Ivan Arriaga at the helm, the company articulates its unwavering commitment to sustainable and responsible practices. A Fresh Stream of Support Not content with mere inertia, Antofagasta has taken steps to secure a separate agreement for Centinela’s water needs. An international consortium stands ready to provide the vital resource for current and future operations. By taking over Centinela’s existing water supply system and expanding it to cater to the second

January 30, 2024

Ron Finklestien

mining

Artemis Makes Steady Progress on Blackwater Project Amidst Early Expansion Speculation

Roads and Infrastructure Artemis Minerals Inc. has reported that construction for the first phase of the Blackwater project is well on track, with roads completed and continuing work on water management facilities and the transmission line. Key activities are underway at the plant site, including foundation work, reagents building, and ball mill pedestals. The company is pushing forward with carbon-in-leach and detox tank erection, three-stage crushing, and reclaim tunnel civil works. Furthermore, the erection of the mill building and installation of the ball mill have commenced. Expanding Fleet and Equipment The construction fleet has been bolstered with the addition of

January 23, 2024

Ron Finklestien

mining

Barrick accelerates Zambian copper mine expansion, eyes 2028 first production

Barrick’s Ambitious Expansion Plans for Lumwana Copper Mine in Zambia Local Prosperity and Growth Since 2019, Lumwana has injected nearly $3 billion into the Zambian economy, comprising royalties, taxes, salaries, and procurement of goods and services from local businesses. Notably, local procurement accounted for over 81% of the copper mine’s total spend last year, cementing its pivotal role in fortifying the Zambian economic landscape. Business Accelerator Program and Community Upliftment Barrick, as part of its expansion initiative, has initiated a business accelerator program aimed at enhancing the business acumen of Zambian contractors within its supply chain. This strategic move seeks