#ASXNews Development Update – Approvals and Project Progress Meeka Metals Limited is pleased to advise the approval of the mine dewatering and clearing permits. The Company acknowledges the current high level of permitting activity under assessment by DEMIRS (approximately 400 open applications) and expects the final permit, the open pit Mining Proposal, early in the September 2024 quarter. • Two permits required for the development of the Company’s 100% owned Murchison #Gold Project have been approved. • A final permit, the open pit Mining Proposal, is expected to be received early in the September 2024 quarter. • Site works are progressing with infrastructure arriving and the establishment of services and water supply for the camp and administration complex. • The $2.2M secured, bridging loan facility (ASX announcement, 17 June 2024) has been drawn down, with $1.34M funding the purchase of a camp, administration complex and associated infrastructure including: • 116-person camp; • 200-person change house and ablutions for the Andy Well mining centre; • 36.5m x 14.5m fully fitted-out administration complex for the Andy Well mining centre; • 12m x 9m open pit mining office form the Turnberry mining centre; and • 110kL fuel storage tank. • Full credit approval for a larger project development facility remains targeted for July 2024. • Site activities including relocation and installation of the above infrastructure to ramp up post funding. Commenting on the progress, #MEK’s Managing Director Tim Davidson said: “Pleasingly we have received approval for several activities, with only one permit remaining to transition our Murchison Gold Project from development ready to full execution. Infrastructure and equipment mobilisation to site are ongoing. Preparation works are also underway in anticipation of installing the camp, administration complex, and underground mining change house in July 2024.” See the full announcement: https://bit.ly/3xM0XWK #MeekaMetals #MiningNews #ASX
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Image Resources to kick off construction at Atlas Image Resources (ASX:IMA) is expecting on-ground construction at the Atlas Mineral Sands Project in Western Australia to begin this quarter, after securing approval of a mining proposal. On 19 July, the Department of Energy, Mines, Industry Regulation and Safety approved the mining proposal for Atlas, which covers construction and operation. The remaining approvals for #Atlas includes groundwater operation strategy, offset environmental management plan, and the Banksia Woodlands rehabilitation environmental management plan. Image Resources, which has a market capitalisation of $80.85 million, expects all of these approvals to be secured in early August this year. CEO Patrick Mutz says scheduling of contractor mobilisation to Atlas is progressing. “Early works camp construction is well underway and deconstruction of the Boonanarring WCP has been initiated,” Mutz says. “The next six months are slated to see a flurry of construction activities, with a stretch goal of commencing project commissioning at the end of December.” The Atlas Mineral Sands Project has a mineral resource of 17.3 million tonnes at 5.7% heavy minerals, with a mineral assemblage including 9.8% #zircon, 6.5% #rutile, 5.1% #leucoxene, and 49% #ilmenite. Image Resources is a mineral sands-focused mining company that is currently transitioning from open-cut mining and ore processing operations at its wholly owned Boonanarring Project. #zircon #rutile #ilmenite
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Gain insights into the role of the Engineering of Record (EoR) during the construction phase of a filtered tailings storage facility in Chile's Atacama Region, a high-altitude (over 4,000 m a.s.l.), extremely arid, and seismically active area. Authors: Camilo Morales, Esteban Barría, Francisco Vera, Johan Boshoff #mining #tailings #minewaste #miningindustry #geotechnics
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Barrick deploys Woodgrove Direct Flotation Reactor tech at Jabal Sayid Barrick Gold Corporation says it is ‘revolutionising’ #copper concentration through the use of Woodgrove Technologies Inc. #DirectFlotationReactor (DFR) technology at the Maaden Barrick Copper Company #JabalSayid #copper mine in Saudi Arabia, adding: “This technology features a smaller footprint, greater efficiency, and unparalleled selectivity, enabling the transition from rougher concentrate to final concentrate in a single stage.” The Jabal Sayid underground copper operation is located 350 km north-east of Jeddah in the Kingdom of #SaudiArabia. It is a 50/50 joint venture operation with Saudi mining company Ma'aden. Mining and development is carried out by Australia-headquartered Byrnecut whose contract currently runs to 2028. The #DFR technology has been deployed as part of the new #JabalSayidLode1 project. The scope of this project is to develop and mine a new orebody, located less than a kilometre from the existing lode at Jabal Sayid. The project design includes underground capital development as well as ventilation, paste plant and underground mining infrastructure upgrades where stoping commenced during the third quarter of 2023 and development was running ahead of schedule and was 98% complete by end Q1 2024. The up-cast ventilation raise bore shaft had also been fully equipped and the reaming of the fresh air ventilation shaft had been completed by end March. A new reagent plant and the DFR were commissioned in Q1 2024 with ongoing optimisation. Civil and mechanical construction at the paste plant had also been completed with electrical construction nearing completion. Commissioning of the paste plant was scheduled to commence during the second quarter of 2024. DFR #flotation cells have been deployed at other operations globally, including at Copper Mountain in BC, Canada, now owned by Hudbay Minerals and Lundin Mining’s Chapada gold mine in Brazil. It has also been earmarked for Generation Mining’s Marathon palladium-copper project in northwestern Ontario. Woodgrove says that Direct Flotation Reactors provide up to a 50% footprint reduction plus involve reduced capital investment and operating cost using up to less 50% power and bringing 90% air savings. In more detail, the company states: “The Direct Flotation Reactor (DFR) is a flotation cell that works on the principle of preventing the formation of a froth and froth slurry interface. Independent bubbles are removed from the collection zone in a gas phase/slurry phase. The flotation cell has a particle collection regime in the lower half of the vessel and the loaded bubbles are recovered at the top of the vessel.” The complete unit is a pressurised system. The DFR has a very low footprint due to the absence of a froth phase, the mass pull does not dictate tank size and the installation is on a single level (elevation) with no step height between cells. #flotationtechnology #futureofmining
Barrick deploys Woodgrove DFR flotation technology for Jabal Sayid Lode 1 project - International Mining
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On 11 October 2024, the Engineering Council of South Africa published a revised Code of Practice (COP), providing updated guidance for mining engineers. The COP defines work categories by complexity and details registration and competency requirements, aligning the Engineering Profession Act and Mine Health and Safety Act regulations. Jason Hunter highlights the key takeaways in this newsflash. #MiningEngineering #ECSA #IndustryStandards #EngineeringUpdates #Mining #Infrastructure #Construction #EngineeringProfessionAct #MineHealthAndSafetyAct #RelevantResponsivePractical https://lnkd.in/d3yRyzgc
NEW CODE OF PRACTICE FOR THE PERFORMANCE OF MINING ENGINEERING WORK
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VHM Limited has slashed 30 per cent off the capital expenditure (capex) for the Goschen rare earths and mineral sands project in Victoria. The company estimates Phase 1 of the mine to cost $337 million to develop, down from the $483 million presented as part of the definitive feasibility study (DFS) in March 2023. Goschen Phase 1 consists of a five-million-tonne-per-annum throughput project to produce a rare-earth mineral concentrate containing neodymium, praseodymium, dysprosium and terbium, and a zircon-titania heavy mineral concentrate. The most significant price reductions were seen for non-process infrastructure (down from $191.7 million to $117.1 million) and pre-production mining and other ancillary costs (down from $106.8 million to $51.1 million). The cost of the processing plant also reduced from $184.6 million to $168.8 million
One of Australia’s lowest capex rare earths projects - Australian Resources & Investment
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Highfield Resources Limited (ASX:HFR) has signed a contract for construction of the declines and underground mining infrastructure at the Muga-Vipasca #Potash Project in Spain. This contract has been awarded to the joint venture (JV) formed by mining specialist contractors EPOS-Empresa Portuguesa de Obras Subterráneas S.A. of Portugal and TUNELAN-Obras Subterráneas S.A. of Spain (EPOS-TUNELAN). The value of the decline contract is €48 million and is aligned to the estimated construction cost of the declines included in the Updated Muga Feasibility Study of November 7, 2023. This amount represents 11% of the phase 1 capex of €449 million and just under a third of the total planned contract construction budget. More at #Proactive #ProactiveInvestors #ASX #HFR #Fertiliser #SulphateofPotash #IndustrialMinerals http://ow.ly/pL29105lxbz
Highfield Resources awards contract for declines and underground infrastructure at Muga
proactiveinvestors.com.au
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Photo:file Domestic mining and construction equipment industry may decline The domestic mining and construction equipment industry may face pressure in the current financial year. Rating agency ICRA gave information on Thursday. According to the rating agency, a slowdown in new projects amid the Lok Sabha elections and the impact of monsoon on construction activities may lead to a slowdown in the domestic mining and construction equipment (MCE) industry in the current financial year 2024-25. <!-- /8323530/Khabar_Desktop_VDO_1X1 --> How much can the decline be? Rating agency ICRA said on Thursday that ICRA expects a decline of 12-15 percent (i.e. 1.14-1.18 lakh units) on an annual basis in the financial year 2024-25. Strong growth of 26 percent in FY 2022-23 and 24 percent in FY 2023-24 was recorded for two consecutive years. Reduction in projects will be the reason ICRA Area Head (Corporate Ratings) Ritu Goswami said the disruption in project activity in two consecutive quarters amid the Lok Sabha elections and monsoon-related impact on construction activity in the second quarter is likely to lead to a decline in sales in the first half of FY 2024-25. There is doubt. According to the statement, “The model code of conduct will remain in force in the parliamentary elections in April-May 2024 (till the declaration of results on June 4, 2024), due to which new rules will be implemented in the fourth quarter of the financial year 2023-24 and the first quarter of the financial year 2024-25.” There will be a slowdown in projects.” It said, ”Apart from this, the total revenue of the companies surveyed by ICRA is expected to decline by nine to 12 percent and ‘operating margin’ by 100-150 basis points in the financial year 2024-25. Have an estimate.’ Latest Business News function loadFacebookScript(){ !function (f, b, e, v, n, t, s) { if (f.fbq) return; n = f.fbq = function () { n.callMethod ? n.callMethod.apply(n, arguments) : n.queue.push(arguments); }; if (!f._fbq) f._fbq = n; n.push = n; n.loaded = !0; n.version = '2.0'; n.queue = []; t = b.createElement(e); t.async = !0; t.src = v; s = b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t, s); }(window, document, 'script', '//https://lnkd.in/dNCd7S6K'); fbq('init', '1684841475119151'); fbq('track', "PageView"); } window.addEventListener('load', (event) => { setTimeout(function(){ loadFacebookScript(); }, 7000); });
There may be a decline in domestic mining and construction equipment industry in the financial year 2024-25, know the reason - India TV Hindi
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East Africa Metals Inc. Announces Start of Gold Mine Infrastructure Construction in Tigray Exciting news from East Africa Metals Inc. as they embark on constructing gold mine infrastructure in Tigray! This milestone, initiated by their partner Tibet Huayu Mining Co Ltd., signals a major advancement in the Adyabo Project, particularly the Mato Bula and Da Tambuk mines. As East Africa Metals and Tibet Huayu move forward with the procurement of essential heavy equipment, Soil Solutions stands ready to support their efforts. Our expertise in soil stabilization and dust control can significantly enhance the efficiency and sustainability of the mining operations. By integrating our EBS Soil Stabilizer, we can help reduce water usage and improve road conditions, ensuring safer and more efficient transport of materials. Andrew Lee Smith, President and CEO of East Africa Metals, highlighted the importance of a well-planned strategy for timely resource acquisition. Soil Solutions is committed to providing innovative solutions that align with this strategic vision, promoting environmental stewardship and operational excellence. The completion of the Relocation Action Plan (RAP) demonstrates the project's commitment to ethical practices and community engagement. Soil Solutions is proud to offer environmentally friendly technologies that support such initiatives, ensuring minimal disruption and maximum benefit to the local communities. As East Africa Metals progresses with the Adyabo Project, we look forward to contributing to its success by delivering cutting-edge solutions that enhance productivity, safety, and sustainability. Intelligent Mining Solutions https://lnkd.in/dR32Z2qU #Mining #EastAfricaMetals #Tigray #GoldMining #Sustainability #SoilSolutions #Infrastructure #CommunityEngagement #ebs #EnvironmentalStewardship #cuttingedgesolutions #dustcontrol #environmentallyfriendly #ethicalpractices #operationalexcellence #innovativesolutions #soilstabilization #strategicvision
East Africa Metals Inc. announces start of fold mine infrastructure construction in Tigray - Capital Newspaper
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Expansion of the construction and mining industries continues to have a significant impact on global screening equipment demand growth. Demand for screening equipment is increasing due to infrastructure and construction projects, including building & construction, mining, and industrial applications. Several governments are investing heavily in infrastructure and technological advancements. #equipmentfinance #equimentleasing #commercialfinance #commercialfinancebroker #brokers #lenders #leasingnews #construction #screeningequipment Read article https://lnkd.in/ge4A8FS9
Screening Equipment Market is Set to Surge at 5.6% CAGR, Reach US$ 12.82 Billion by 2034 | Fact.MR Report
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Major Reforms made in #Draft #Mining Plan #Guidelines 2024 issued by Ministry of Coal. Key reforms introduced in the revised draft Mining Plan & Mine Closure Guidelines include: - Enhanced flexibility for minor modifications in Mining Plans, with major changes requiring approval from the Coal Controller Organization (CCO). - Provision for calendar plan flexibility to accommodate increased annual coal production beyond scheduled targets. - Mandatory reporting of other commercially valuable minerals found within leasehold areas to State Governments. - Preference for blast-free and continuous coal-cutting technologies in mining methods. - Implementation of comprehensive Safety Management Plans as per Coal Mines Regulations, 2017, including mandatory safety audits. - Integration of fly ash filling protocols into mining plans to address related environmental concerns. - Requirement for drone surveys and processed outputs for comprehensive five-year compliance reports of Mining Plans. - Inclusion of sand for stowing in mines within revised guidelines. - Provision for extraction of barrier coal in adjacent mines to conserve coal reserves. - Facilitation of mine amalgamation for safer and more efficient operations, including the use of decoaled voids for overburden dumping. - Permission for project proponents to exclude non-viable areas within allocated blocks with detailed justifications. - Guidelines for dumping overburden in areas outside coal blocks. - Certification of project boundaries based on DGPS surveys for coal blocks allocated through auction or allotment. - Standardization of Heavy Earth Moving Machinery (HEMM) specifications to ensure safety, efficiency, and interoperability in coal mining operations. - Mandatory adoption of conveyor belts or railway transport for coal evacuation, promoting environmental sustainability. - Requirement for mechanized loading to optimize coal movement from siding to end-users, enhancing operational efficiency and environmental protection. - Mandatory preparation of Temporary and Final Mine Closure Plans for abandoned or discontinued mines post-2009. These guidelines are now under stakeholder consultation to facilitate an inclusive and comprehensive review process, ensuring that all relevant perspectives are considered. The stakeholders are requested to submit their comments by 1st July 2024.
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