Kinross to acquire high-quality development project with a large estimated resource

MINEX Forum | August 1, 2019
img0 Kinross Gold Corporation (TSX:K; NYSE: KGC) (“Kinross”) is pleased to announce an agreement with N-Mining Limited (“N-Mining”) to acquire Chulbatkan, a high-quality, heap leach development project with significant upside potential and low relative execution risk, for total fixed consideration of $283 million, including approximately $113 million in cash and approximately $170 million in Kinross shares. ...

Metalloinvest Mikhailovsky iron ore mine in-pit crushing & high angle conveyor system nears completion

MINEX Forum | June 19, 2019
img0 Metalloinvest continues advanced construction of a major in pit crushing and conveying (IPCC) facility at its Mikhailovsky GOK iron ore operation. Active installation of the NKMZ crushing and conveyor facility is ongoing with commissioning expected soon. Its body is located 200 m underground and it will receive iron ore from heavy trucks, crush it to ...

Amur Minerals offers two potential development scenarios for the Kun-Manie nickel sulphide deposit

MINEX Forum | June 19, 2019
img0 Amur Minerals has a huge undeveloped nickel sulphide deposit in Russia. Huge nickel resource in Russia One of the world’s last sulphide deposits Pre-feasibility studies offer two scenarios for economic extraction Long track record of operating in Russia What does Amur Minerals do? Amur Minerals Corporation (LON:AMC) is a junior mining exploration company that holds assets ...

Turkish investor considers building copper smelter in Romania

MINEX Forum | June 6, 2019
img0 Turkish engineering, consultancy and project management company Sintek, also a producer of equipment for mining, oil, gas and cement industries, seeks a partnership with Romanian companies Cupru Min and Moldomin for building a copper smelter in Romania. The plant would process the copper concentrate extracted by Cupru Min and Moldomin, according to Profit.ro. The two state ...