Navoi Mining and Metallurgical Company’s Post

🚨𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐦𝐞𝐧𝐭🚨 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐊𝐢𝐥𝐢𝐟𝐢 𝐌𝐚𝐧𝐠𝐚𝐧𝐞𝐬𝐞 𝐏𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 𝐏𝐥𝐚𝐧𝐭 𝐢𝐧 𝐊𝐞𝐧𝐲𝐚 #MARU is pleased to announce that through its wholly owned Kenyan subsidiary, Muchai Mining Kenya Limited, it has signed a binding Terms Sheet to acquire 80% shareholding in Agarwal Metals and Ores Limited (AMO) 2️⃣ AMO, a Kenyan incorporated mineral processing company. AMO is the registered owner of the Kilifi Manganese Processing Plant (the "Kilifi Plant") located approximately 60 km from the Port of Mombasa in the Tezo Area, Kilifi County in Kenya and benefits from good infrastructure 3️⃣ The 80% majority interest acquisition in AMO is in line with #MARU's expansion and growth plans in East Africa which are focused on the acquisition and investment in advanced, near term production, cash generating, #BatteryMetals mining and mineral processing opportunities 4️⃣The Kilifi Plant was constructed in February 2023, it's located on 1.31 ha of freehold land and is a fully operational and permitted mineral processing plant capable of beneficiating approximately 10,000 tonnes per month of #manganese ores 5️⃣ The facility comprise a conventional manganese processing plant that includes a vibrating feeder, tommel scrubber, belt conveyor, jig separator, vibrating screen, pumps, fine jaw crusher, magnetic separator and run-of-mine and product stockpiling areas. 6️⃣ The Company is seeking to acquire existing nearby manganese mining operations and mineral rights to secure the long-term supply of manganese ore that will be the feed source to the Kilifi Plant READ RNS📃➡ https://lnkd.in/d6yRW-rb #MARU #Mining #BatteryMetals #Sustainability #AfricaInvestments #Kenya #Tanzania #SouthAfrica #Lithium #Copper #Graphite #Manganese #cobalt

About project The Pizhemskoye field is the world's biggest deposit of titanium and quartz material. The plan is that at the first stage to 2026, the companies will organize a mining enterprise at the Pyzhemskoye field in the Ust-Tsilemsky District, as well as a mining and processing plant and a glass factory to enrich silica sands near Sosnogorsk. In July, 2022, the Komi Region's Governor Vladimir Uiba said the RUSTITAN Group of Companies and the AEON Corporation jointly with the Komi Region and the Nenets Autonomous Region had started the implementation of a mega project to develop the world’s biggest Pizhemskoye deposit of titanium ores and silica sands, to build a railroad between Sosnogorsk and Indiga and to build the Indiga deep-water sea port. The project will involve about a half of Komi's municipalities. As a result, in the Komi Region will appear a multidisciplinary production facility to make high-quality concentrates of porous rutile, zircon, iron oxide, needle-shaped wollastonite, calcined quartz sands, glass sands, titanium dioxide, as well as titanium powders. Many products are unique to Russia and are being imported. They are used in the aerospace, shipbuilding, automotive, oil and gas, paint and chemical industries. The Pizhemskoye field's development and the Indiga port's construction with the Sosnogorsk-Indiga railway line have been parts of development strategies in the Komi and Nenets Autonomous Regions, of the Russian Federation's Strategy for Development of the Arctic Zone. (Part Two, The End) #business #finance #financialservices

The CNICO Myanmar Tagaung Taung Nickel Iron Project, financed by CNICO, is the largest mining collaboration between China and Myanmar, with an annual processing capacity of 1.32 million tons of dry ore. This initiative supplies nickel iron for industrial applications such as stainless steel production. HollySys has implemented an advanced automation and control solution managing over 16,000 physical points across 20 control rooms and 46 operational stations. These systems facilitate seamless monitoring, enhance efficiency, and improve safety throughout the mining process. This project significantly boosts economic growth for both nations while its energy-efficient design underscores a commitment to sustainability. Looking ahead, it is expected to expand capacity and foster further cooperation in metallurgy. www.hollysys.com https://lnkd.in/ggQGjdMY #hollysys #intelligenceforexcellence #IndustrialIntelligence #cnico #Myanmar #Tagaungnickelproject #dryore #stainlesssteelproduction #stainlesssteel #metallurgy

[HIGHLIGHTED EXHIBITOR] Sany Fuli Machinery @Booth No. K3 “Vietnam is considered a country with diverse mineral resources, with over 5,000 mining sites of 60 types of minerals. In recent years, mining has played a positive role in Vietnam’s industrial development. It has helped the national economy. In the context of increasingly difficult conditions for mineral resource exploitation and limited technological capabilities, SANY has introduced equipment to the market such as excavators, dump trucks, mining trucks, contributing to enhancing efficiency, ensuring safety, and maintaining a green and clean environment throughout the mining process. The conditions for mining are getting harder and we have limited technology. In this context, SANY has introduced a wide range of equipment such as excavators, wheel loader, mining trucks to the market. These equipments improve efficiency, safety and environmental friendliness in mining. Vietnam FULI Machinery is the official distributor of SANY construction machinery products. We provide complete and synced services. We offer help with construction solutions, machinery usage, and genuine replacement parts and attachments.” Don't miss the chance to meet and exchange with leading businesses at Mining Vietnam 2024. 👉ONLINE REGISSTRATION: https://lnkd.in/gxMiNxXM 👉GROUP REGISTRATION: https://lnkd.in/gDiKWy_r —---------- VIETNAM’S INTERNATIONAL MINING, MINERALS RECOVERY AND CONSTRUCTION EXHIBITION 📍24 - 26.04.2024 📍National Exhibition Construction Center (N.E.C.C), 01 Do Duc Duc, Nam Tu Liem, Hanoi, Vietnam Contact us: 📍(+84) 28 3622 2588 📍miningvietnam@informa.com #MNVH24 #miningvietnam #mining #minerals #recovery #CV24 #constructionvietnam #development #exhibition #conference #Vietnam #Laos #cooperation #energy #mining #MNVH24 #miningvietnam #mining #minerals #recovery #CV24 #constructionvietnam #development #exhibition #conference #Vietnam #Laos #cooperation #energy #mining

*The historic Kipushi mine being reopened by Ivanhoe & Gécamines* ·      Ivanhoe Mines (TSX: IVN) and DRC state miner Gécamines to revive Kipushi zinc-copper-germanium-silver mine by mid-year. ·      Gécamines to increase stake in Kiphusi Corporation from 100% to 38%, further to 43% in 2027. ·      New concentrator and underground development expected to be ready in Q2 2024. ·      Mining could restart in Q2 2024, aiming for over 250,000 tonnes of zinc annually in the first five years. ·      Joint venture marks a new era for the historic Kipushi mine, closed in 1993 due to political instability and low metal prices. ·      After mining certain reserves, Gécamines to hold an 80% stake in the mine. ·      Talks held with the provincial government for a new DRC-Zambia road border crossing at Kipushi. ·      Contractor selected for a 13-km sealed bypass road to connect the main road to the mine site. Read more here: https://lnkd.in/eNeV5bsY #miningnews #mining #copper #coppermining

**Gunung Mas DU302 Doho Gold Field and Tantalum DU1577 Belitung Island Joint Venture for Listing or IPO in London** **Request for Start-Up Operation on Mining Tantalum and Gold in Indonesia** **Proposal for Defined Target Exploration of Tantalum, DU 1577 Belitung Island, Indonesia** - **Total Area:** 1,244 hectares - **Drilling Holes:** 100 - **Drilling Length:** 6,000 meters - **Estimated Exploration Cost (excluding contingency):** USD $50,200,000 - **Contingency (20%):** USD $10,000,000 - **Exploration Timeline:** 100 days - **Exploration Team:** ESDM & JORC **Proposal for Doho Gold Field, Emas DU302** - **Initial Capital Expenditure:** USD $195 million (including contingency and working capital) - **Project Owner:** Zhonghai Group - **Location:** North of Palangkaraya, Central Kalimantan, Indonesia - **Feasibility Study Highlights:** - **Mine Life:** 6 years - **Annual Production:** Up to 2.2 million troy ounces of 999 fine gold and 10.4 million troy ounces of 925 silver - **Proven and Probable Ore Reserves:** 6 million tonnes @ average grade Au 11.4g/t and Ag 57g/t - **Measured and Indicated Resources:** 9 million tonnes @ average grade Au 12g/t and Ag 60g/t - **Life of Mine Revenue:** USD $4.2 billion - **EBITDA:** USD $3 billion - **Post Tax NPV10:** USD $1.98 billion, 53% IRR (excluding closure costs) - **C1 Cash Cost:** USD $73/t - **AISC:** USD $548/oz - **Value Enhancement Opportunities:** Potential improvement of USD $85 million (excluding exploration activities upside) - **Further Exploration Targets:** Potential to expand gold mineral inventory and extend mine life beyond 2027 **Exploration Team:** ESDM & JORC ready to sign NDA and draft MOU for joint venture. **Contact Information:** WhatsApp: +60133614003 Email: ir.rahmatahmad@gmail.com

Ionic Rare Earths Limited Boosts Makuutu Resource to 126,000 Tonnes of Magnet Rare Earths (ASX: IXR) Managing Director, Tim Harrison, commented: “The updated Mineral Resource Estimate at Makuutu is in line with expectation, confirming significant additional tonnage to the west of the existing stage 1 mining licence area LML00334. With this information we can progress with planning on the next mining licence application and can also provide context on the growth opportunity of the Project to the west.” “The increase in the overall magnet and heavy REOs contained within the total resource reaffirms the positioning of Makuutu as a development ready, long-life alternative supply source for countries looking to diversify their primary rare earth sourcing strategies, and positions IonicRE with a unique offering to groups the Company is presently in discussion with regarding immediate term supply from both recycling REOs (secondary sourcing) and near-term mined and processed MREC (primary sourcing).” Read our article below: https://lnkd.in/d3Ht2hER #rareearths #ree #mining #exploration #uganda #asx

High grade phosphate, strontium and iron results from portable XRF at Shawa Carbonatite Mining Licence in Zimbabwe. Highlights from the Phase 2 exploration results of all the collected outcrop, subcrop (from a pitting program) and soil samples include: 🔸 Phosphorous up to 48,405 ppm (4.84% P) in outcrop and 12,598 ppm (1.26% P) in soil; 🔸 Strontium up to 8,076 ppm in outcrop and 1,204 ppm in sieved soil samples; 🔸 Iron up to 632,512 ppm (63.25% Fe) in outcrop and 288,960 ppm (28.90% Fe) in soil; 🔸 Barium up to 248,970 ppm (24.90% Ba) in outcrop and 36,390 ppm (3.39% Ba) in soil; 🔸 Niobium up to 427 ppm in outcrop and 963 ppm in soil. Chairman, Mr Andrew. Vanderzwan said, “Our Heavy Mineral Sands projects are funded and heading into mine development. MRG received the first payment from SLC for June and July being AUD$120,000 last week and will continue to focus the majority of resources on the exciting development towards HMS concentrate production. In the meantime, Shawa is MRG’s most advanced exploration project in the portfolio. The attractiveness of Shawa is multi-facetted. A package of 10 contiguous Mining Licences has already been granted due to the existing Vermiculite resource, which will undergo further economic analysis. The results from our initial surface work described in this announcement support the potential of a significant Phosphate and Rare Earths discovery being made at Shawa, a significant opportunity to substantially increase the value of our portfolio.” Read the full ASX announcement: https://lnkd.in/da3cpFJs #MRQ #phosphate #strontium #iron #exploration

Xanadu Mines Ltd is evaluating several processing upside options to drive Project value at Kharmagtai #copper #gold in #Mongolia. Key upsides being assessed in Base Case, include: • Elevated feed grade profile for initial 6+ years • Higher throughput, both initially & expansion post capex payback. Expansion is planned to commence in years 8-9 allowing for several years of strong cash generation post payback of initial capex. • Enhanced concentrate grade via alternative cleaner flotation equipment • Additional gold recovery via small Carbon In Leach or GlyCatTM leach circuit, for treating cleaner Flotation tailings, and oxides characterised by higher-grade gold & lower-grade copper • Geo-metallurgical testwork generating domain level recovery-grade relationships to optimise mine to mill plan Discover more: https://loom.ly/t2SPDpM #XanaduMines #XAM #ASX #TSX #mining

Ivanhoe Mines restarts century-old Kipushi mine after 31-year hiatus Ivanhoe Mines has announced the completion of construction and the restart of the Kipushi mine in the Democratic Republic of the Congo (DRC), which produces zinc, copper, lead and germanium. The news comes 100 years after the mine first began operations and 31 years after it was placed on care and maintenance. According to the company, the first ore was delivered to the Kipushi concentrator on May 31, with the first concentrate produced on June 14. Kipushi has set its 2024 production guidance at between 100,000 and 140,000 tonnes of zinc in concentrate. The Kipushi zinc production capacity is expected to average 278,000 tonnes per annum over the first five years, making Kipushi the world’s fourth-largest zinc mine. For additional reading see https://lnkd.in/dfWubNaH #cowaninternational #mining #executiverecruitment #gateway4opportunity