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Hillgrove Gold-Antimony Project Pre-Feasibility Study including a Maiden Ore Reserve has been released. The PFS, is based on a Mineral Resource Estimate updated with drilling from 2022, includes a maiden Ore Reserve and outlines a technically and economically viable high-grade project demonstrating low operating costs, a significant high-margin production target profile and compelling forecasts of potential financial and economic returns. The maiden Ore Reserve of 606koz AuEq @ 6.0g/t AuEq. The average gold-equivalent production averages 80.4koz over the LOM of 7-years. The Hillgrove Project economic model is significantly derisked in comparison to its peers owing to the majority of the surface infrastructure and substantial underground development already being in place.  The Board of Larvotto have now approved the immediate commencement of the Definitive Feasibility Study. The focus of the DFS will largely be on optimising metallurgical testwork to produce the maximum free gold extraction combined with optimal concentrate production and advancing permitting. Finalisation of the DFS is expected by end of CY2024, which will allow for project financing in early 2025 and project development commencing with the aim of first ore production by early 2026. Managing Director Ron Heeks commented, “Only seven months since our acquisition of the significant Hillgrove Project, Larvotto has produced a compelling pre-feasibility study that highlights the financial and near-term gold and antimony development potential of the project. This achievement has only been possible due to the considerable efforts and diligence of the Larvotto team, which includes numerous external consultants and advisors. All financial and technical objectives have been met and the capital cost of the development is low compared to a greenfields development, with much of the required surface and underground infrastructure already in place. The project’s economics are extremely robust even at the conservative prices used in our modelling. At current record spot prices for gold and antimony, these economics are exceptional. Larvotto will be bringing Australia's largest antimony project online in a rising antimony market, driven by the increasing use of antimony in solar panel production whilst production from other global producers becomes stressed, which is a trend that is expected to continue. This is the first time that gold and antimony will be targeted with equal priority at Hillgrove. Previously, the mine operated for 30 years as an antimony focussed operation and 100 years prior was a successful highgrade gold mine. The coexistence of gold and antimony within the same orezone means project value is greatly enhanced with Larvotto’s strategy to optimise project returns by extracting and processing both metals concurrently and without bias." Read the full ASX announcement:  https://lnkd.in/gnrHQwiP #LRV #gold #antimony #PFS

Australia's mineral mining sector is at the forefront of innovation, continuously advancing with state-of-the-art technologies that significantly enhance mineral separation efficiency. From advanced separation technologies like magnetic separation, flotation, and gravity separation, to pioneering digitalization and automation, these innovations are revolutionizing how valuable minerals are extracted from ore. They not only boost recovery rates but also slash energy consumption and minimize environmental impact, promoting sustainable mining practices. Key players such as engineers from Linzer Group (www.linzergroup.com) are pivotal in driving these advancements, providing crucial expertise in deploying cutting-edge technologies. Australia's leadership in optimizing resource extraction and refining processes, particularly in regions like Western Australia's Pilbara, underscores its global influence. With a strong focus on sustainability, the sector aims to minimize waste and maximize resource utilization, paving the way for a greener future. Through ongoing research and development initiatives, Australia is poised to maintain its global leadership in mineral separation technologies, supporting diverse industries worldwide with efficient, responsible mining solutions. Stay informed about Australia's pioneering strides in mineral mining technology! #MiningAustralia #MineralSeparation #SustainableMining #Innovation 3.5

Our Expertise in Mining Processing Plant Services #MHeavy_services At M Heavy Technology, we pride ourselves on our comprehensive approach to developing and enhancing mining processing plants. 📝 1. Comprehensive Services: A Holistic Approach Our services encompass the entire spectrum of mining and processing plant development. This includes laboratory tests, pilot studies, CFD modeling, innovative technology development, design works, and more. We ensure each project is tailored to meet our clients' unique needs, delivering efficient and sustainable results. 🌏 2. Global Experience, Local Expertise Our global footprint is a testament to our expertise. Having worked on projects in Ukraine, Kazakhstan, Uzbekistan, and beyond, we bring a wealth of international experience to every project. This global perspective and local insights allow us to deliver globally informed and locally relevant solutions. 🪻 3. Emphasis on Digitalization and Ecology We strongly emphasize these aspects in an era where digitalization and ecological considerations are paramount. Our projects are designed to minimize environmental impact while maximizing quality and safety at the workplace. This commitment to sustainability is not just a part of our business ethos; it's a promise to our planet. 🧮 4. Stages of Mineral Processing Technology Development Our process begins with thoroughly studying mineral raw material composition and assessing dressability. We then conduct laboratory and pilot tests to determine the optimal dressing method. The culmination of this process is the development of a comprehensive technical procedure for processing, ensuring efficiency and effectiveness at every stage. 📝  5. Design and Engineering Excellence Our design and engineering services are marked by precision and innovation. From developing conceptual projects to detailed engineering, we ensure that every aspect of the plant is designed for optimal performance. Our use of BIM modeling and feasibility studies further enhances the accuracy and viability of our designs. ✒️ 6. Audit and Adjustment for Peak Performance We don't just build; we also refine. Our audit and adjustment services are designed to assess and enhance the efficiency of existing plants. This includes modernizing technological processes and integrating innovative technologies to improve efficiency and reduce costs. 📌 7. Equipment Supply: Quality and Reliability We supply top-notch process equipment for mining and processing enterprises in collaboration with our strategic partners. Our range includes ball mills, hydrocyclones, magnetic separators, flotation machines, and more, ensuring our clients can access the best tools in the industry. Join the M Heavy Technology Connect with us to explore how we can transform your mining and processing operations. And visit our site: https://t.ly/0jJ9O #MiningTechnology #ProcessingPlants #InnovationInMining #SustainableMining #MHeavyExpertise #GlobalMiningSolutions

In high-stakes industries like mining, civil works, and engineering, equipment reliability is key to success and safety. Check out our top 10 essential tips for maintaining your equipment, avoiding unexpected downtime, and minimizing costly repairs. Keep your operations running smoothly! https://lnkd.in/g8hqTPpH #EquipmentMaintenance #Mining #CivilWorks #Engineering #Reliability #SafetyFirst #MaintenanceTips

Wood awarded key Nueva Centinela project by Antofagasta Minerals Wood, a global leader in consulting and engineering, has been awarded a major contract by Grupo Antofagasta Minerals SA (AMSA) for its #NuevaCentinela #copper project. Located in the Antofagasta region of #Chile, the contract will see Wood support AMSA in expanding the #EsperanzaSur pit. Wood has been appointed as the strategic partner for project execution and will work together with AMSA to deliver all key aspects of the project. This will include managing the construction of a new concentrating plant, #orecrushing facility, #conveyortransportation systems, sea water pipeline, #tailing disposal and facility expansions as well as other necessary infrastructure at the Centinela port. The project forms part of AMSA’s US$4.4 billion investment into the Minera Centinela facility and will support the world’s increased demand for copper – largely driven by the energy transition and the global move towards electrification. The project will position Centinela to become one of the top 15 copper mines in the world by output, producing an additional 170,000 copper equivalent tonnes per annum – enough copper to build over two million electric cars. First production is expected in 2027 with work commencing in May 2024. Jim Shaughnessy, Wood’s President of Minerals, Metals and Life Sciences, said: “Copper has a pivotal role to play in our energy transition. As the world continues to build more sustainable energy systems, a safe and secure supply of energy transition materials is critical. We’re proud to build on our existing relationship with AMSA and support increased production to meet surging demand for copper. This award underlines the strength of our mineral processing capability and experience of delivering end-to-end #EPCM services for complex, large-scale projects.” The near three year project will be supported by around 130 Wood employees with the company planning to hire around 50 new positions immediately as a result of the award. The majority of these will be on-site, with the remainder at Wood’s Santiago office. #futureofmining #miningEPCM #Chilecopper #Chilemining

Canada Nickel Company (TSXV: CNC) (OTCQX: CNIKF) has initiated its Crawford Nickel Sulphide project, under the guidance of Ausenco Engineering Canada ULC, with target completion by August 2024. With an eye on a mid-2025 construction green light and initial production by the end of 2027, they leverage insights from the ongoing 2024 winter geotechnical program to mitigate project risks and gather essential data for construction prep, while simultaneously pushing forward with financing and permitting endeavours. Crawford boasts the world's second-largest nickel resource, with a total of 2.46 billion tonnes at 0.24% nickel, equivalent to 13.3 billion pounds of contained nickel, resulting in an after-tax net present value (8% discount) of $2.6 billion and an internal rate of return of 18.3%. Not bad! Want to Learn More? #TheNextBigRush

𝗡𝗲𝘁𝗭𝗲𝗿𝗼 𝗠𝗲𝘁𝗮𝗹𝘀 𝗔𝘄𝗮𝗿𝗱𝘀 𝗘𝗻𝗴𝗶𝗻𝗲𝗲𝗿𝗶𝗻𝗴 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 𝗮𝗻𝗱 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝘀 𝗘𝗻𝗴𝗶𝗻𝗲𝗲𝗿𝗶𝗻𝗴 𝗦𝘁𝘂𝗱𝗶𝗲𝘀 𝗼𝗻 𝗧𝘄𝗼 𝗣𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴 𝗙𝗮𝗰𝗶𝗹𝗶𝘁𝗶𝗲𝘀 #Highlights 🔵 Key Engineering Contracts Awarded and Work is Underway 🔵 Steel plant design led by SMS group 🔵 Key portions of nickel plant design led by Metso 🔵 Overall study compilation & supporting engineering led by Ausenco 🔵 Feasibility studies for Nickel Processing Facility and Stainless Steel and Alloy Production Facility near Timmins, Ontario remain on target for year-end #NetZeroMetalsInc., a wholly-owned subsidiary of Canada Nickel Company Inc. on Apr 17, 2024 provided an update on the #progress of #engineering #studies for two processing #facilities – a nickel #processing facility and a #stainlesssteel and #alloyproduction facility – in the Timmins Nickel District. Key engineering #contracts for the #facilities have been awarded to SMS group, Metso and Ausenco Engineering Canada ULC. NetZero Metals is advancing #designwork to develop two processing facilities to fill a critical link in the #development of North American #criticalminerals #supplychains and the province’s #electricvehicle #strategy. Each production facility is expected to utilize Canada Nickel’s #carbonstorage capacity at its Crawford Nickel Project to deliver #netzero carbon #nickel and stainless steel and alloy production through capture of the #CO2 #emissions from the #downstream operation. The studies are progressing well and completion of feasibility studies remains targeted for year-end. Mark Selby, CEO of Canada Nickel, said, “These processing facilities will position the Timmins Nickel District and Canada at the forefront of the global transition to greener energy and materials. We are proud to lead the way in the development of new capacity to meet the growing demand for the local supply of critical minerals, and most importantly, zero carbon, environmentally responsible production in North America.” The target #startup date of the #steelplant is year-end 2027, aligned with expected first #production from Crawford. Andy Gribben, VP of Metallurgy Sales at #SMSgroup, said “We are thrilled to have been chosen by NetZero Metals for such a pivotal role in advancing sustainable nickel and stainless steel production. At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry. Our metallurgical know-how and engineering skills combined with our digital expertise and plant technology enables us to be the leading partner on this project. We look forward to contributing our expertise to this transformative, environmentally responsible project.” The News Release link is here: https://lnkd.in/d9YVBKhk

The latest results from Masimba Holdings show the highs and lows that construction companies face when they take on government projects – and the emerging risks from the collapse in mineral prices.