09 January 2024
09 January 2024
The Environmental Impact Assessment (EIA) permitting process commenced following two successful drill programmes in 2022.
The merged group, with a workforce exceeding 2,600, recorded combined revenues of approximately $1.9bn (A$2.84bn) in 2022.
The US Environmental Protection Agency (EPA) used a pre-emptive veto against the Pebble mine on the grounds that it poses a potential risk to the salmon population in Bristol Bay.
The curtailment process is set to begin in the second quarter (Q2) of this year, resulting in a phased workforce reduction.
The project encompasses iron ore extraction, rail and port development in south-eastern Guinea.
To facilitate the sale, Labyrinth has now signed a sale and purchase agreement with Gold Projects WA, a special-purpose vehicle.
The deal is expected to significantly expand Omnia's portfolio of lithium, gold and uranium projects across Canada.
The Vinasale gold project, owned by Doyon, has an inferred resource estimate of 22 million tonnes (mt) at 1.53 grams per tonne (g/t) for 1.08 million ounces (moz) of gold.
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The total number of underground mining trucks and loaders/LHDs in underground mines at the end of 2023 was estimated at 22,927, of which 19,718 were at active mines. GlobalData predicts that the highest growth in machine counts is expected in Oceania and Africa and the Middle East, supported by both new purchases from new mines entering production and replacements.
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