Gold mining news

Exploration drilling is planned for Q323 to target reserve additions and resource conversion, tapping into the 885 000 oz of resources currently outside the reserve-based mine plan.

Results Include 5.9% Ni, 2.0% Cu, 12.4 g/t Pt + Pd + Au over 3.2 m.

Cobra has announced rare earth results from Reverse Circulation (RC) and Aircore (AC) drilling, which will support further Rare Earth Elements (REE) resource growth at the Wudinna Project in South Australia.

The mine is expected to produce an average of 120 000 to 140 000 oz of gold for the first three years of commercial production.

The high-resolution drone survey has helped identify copper-gold drill targets.

Metso has been awarded a two-year Life Cycle Services contract for Ma’aden’s gold processing plant in Saudi Arabia.

The programme plans to complete 12 to 15 drill holes exceeding 12 000 m and is focused on making new copper-gold porphyry discoveries.

Epiroc has won a large order for mining equipment, including battery-electric vehicles and automation solutions, from Boliden for use at three of its underground mines in Sweden.

The drilling has extended and confirmed the deeper zone of continuous mineralisation hosting significant gold, copper and zinc with intercept thickness of over 50 m.

Of the 22 samples collected, all returned elevated gold and 15 returned assays greater than 1 g/t gold including five samples over 100 g/t with a peak value of 186.6 g/t.