Thompson Creek Metals Co. Inc. reported yesterday that the commissioning of its new Endako mill near Fraser Lake, BC is complete and that commercial production was achieved on Feb. 1. For the first five days of February, the new mill was running at or above its design capacity of 55,000 tpd, a 77% increase over...
Wildcat Silver Corp. has greatly increased — to about 270 million ounces — the silver resouces at its Hermosa project in Santa Cruz County, southern Arizona, it reported this morning. The updated mineral resource comprises an indicated resource of 101.4 million tonnes of 53.18 gpt silver for 171.3 million ounces and an inferred resource of...
Molycorp Inc. said today that a $390 million strategic investment from Santiago-based Molibdenos y Metales S.A. (Molymet), the world’s largest processor of the strategic metals molybdenum and rhenium, will finance its growth and will help the rare-earth processor continue to pursue its vertical supply chain integration business model. The Chilean firm gets 12.5 million...
U.S. Silver Corp. is proceeding with development work to support the re-opening of the Coeur silver mine, which is adjacent and connected underground to the company’s operating Galena mine in the prolific Silver Valley near Wallace, Ida., the company said today. First production from the Coeur mine is targeted for the end of this...
Westmoreland Coal Co. said this morning that it has agreed to purchase Chevron Mining Inc.’s Kemmerer mine in the Hams Fork Region of southwestern Wyoming for $179 million plus about $14 million in working capital. The Englewood,Colo.-based miner said it anticipates that the purchase price will be funded through a combination of cash consideration...
To ensure safe and efficient operations for its personnel, Hecla Mining Co. said this morning it will develop a new haulage way to bypass the rock burst that occurred at the Lucky Friday mine in northern Idaho on Dec. 14. Creating the bypass and reestablishing mine production is expected to be complete by the...
The Colorado Court of Appeals upheld the Montrose County special-use permit for the Piñon Ridge uranium and vanadium mill, Energy Fuels Inc. reported yesterday. On March 3, the State of Colorado District Court in Montrose County denied a legal challenge by Sheep Mountain Alliance seeking to overturn the Montrose County Board of County Commissioners’...
The expansion project at the New Jersey mill near Kellogg, Ida. is about 76% completed on a cost basis, New Jersey Mining Co. reported this morning. All major equipment has been procured and is on site, including a new 2.4-meter-diameter by 4.0-meter-long ball mill, a new cone crusher and a new paste thickener. A...
Centerra Gold Inc. reported this morning that the transfer of diesel fuel and other supplies from the Kumtor marshalling yard to the mine has resumed after the voluntary lifting of the previously announced roadblock. The marshalling yard is in the town of Balykchy in the Issyk-Kul Region of the Kyrgyz Republic and is approximately 270...
