OLC Project Management’s Post

In the dynamic world of mining, Africa stands as a continent rich with untapped potential. As resource owners and exploration companies navigate the complexities of developing these prospects, the need for world-class expertise and innovative solutions becomes paramount. This is where Australian expertise, renowned for its excellence and innovation in mining, can play a transformative role.

Mitre Mining has agreed to acquire 100% of the Cerro Bayo Silver-Gold Project in Chile. The acquisition transforms Mitre into a significant silver-gold exploration company with Cerro Bayo’s existing JORC 2012 Inferred Resource Estimate standing at 3.82Mt at a grade of 206g/t Ag Eq for 24.7Moz of contained AgEq, with significant scope for short term Resource growth potential. Cerro Bayo also includes the 500,000tpa Cerro Bayo flotation plant and mining infrastructure, existing mineral resources and +300km2 mining claim package, previously operated by Equus Mining (ASX: EQE). Our Executive Director Ray Shorrocks said: “The Cerro Bayo acquisition is an exceptional company-making opportunity for Mitre because it comes with a significant Resource, huge scope for rapid Resource growth and the option of near-term production thanks to the existing plant and infrastructure. “The infrastructure alone has a replacement value of more than $150m. And in addition to the significant Resource, there is abundant known mineralisation which will help underpin rapid Resource growth and immense district-scale potential. We plan to capitalise on this opportunity by starting a drilling program early in the new year." Read the full announcement here: https://loom.ly/9dN9API Read the accompanying investor presentation here: https://loom.ly/hvT1PGA

Celsius Resources Limited (ASX:CLA, AIM:CLA), the mining group, said it has received approval for a permit from the Philippine government for its flagship project. The Philippine Department of Environment and Natural Resources approved a permit application for the Maalinao-Caigutan-Biyog Mining Project on March 15 2024. Such a permit provides Celsius subsidiary Makilala Mining Company (MMC) exclusive rights to undertake rational exploration, development and commercial production of copper and associated minerals for the next 25 years, with an option to renew this for an additional quarter of a century. It also allows Celsius to undertake the necessary work streams to undergo development of the mines. MMC’s permit approval represents the first copper project to be approved by the Philippine government in the last 15 years. More at #Proactive #ProactiveInvestors #CelsiusResources #mining #naturalresources http://ow.ly/zeuP105mmIk

In the wake of the global pandemic, the mining industry has faced unprecedented challenges. As we emerge into a new era, it’s essential to explore innovative approaches to setting up and managing mining projects. One such approach gaining traction is the EPCM model, particularly when executed by project delivery companies like TacminMadini Australia.

The Future of Mining Summit 2024. I was privileged and honored to represent my company, AMS- Perenti at the inaugural Future of Mining Summit 2024 Gaborone, under the theme “Building Competitive Global Players Of Evolving Industrial Challenge” The summit created a platform for key players in the mining industry to share ideas, collaborate, and exchange notes on pertinent industry issues. It was a converging point for mining industry captains, high-level government officials, policymakers, extractive industry thought leaders, investors, and ESG stakeholders to shape and chart a new path for the industry. The highly impactful engagements comprised of strategic keynote presentations, technical insights, and panel discussions on various topics throughout the two days. The Future of Mining Summit provided insights into the outlook of mining in Botswana and globally, future operational and business models, new technologies in mining, energy transition, safety and productivity, ESG, and the creation of new and safer jobs in the mining industry. The summit also discussed investments in exploration, discovery, project developments, and the building of new mines and expanding existing operations. Thanks to Darren Steinkohl FIEAust MAusIMM and Caster Mothibedi for this opportunity.

AuKing Mining Ltd (ASX:AKN) and partner Barg Alsaman Mining Company (BSMC), a subsidiary of the Segia Gulf Group, will participate in the fifth round of licensing for prospective exploration projects by the Government of the Kingdom of Saudi Arabia. The government’s #Vision2030 reform agenda focuses on building out the #MiningSector as a central pillar of Saudi Arabia’s economy, driven by a need to diversify away from hydrocarbon dependence. Licensing rounds are designed to fast-track exploration and exploitation of the country’s mineral wealth by identifying the most suitable exploration partners for long-term growth and investment in the Saudi mining sector. More at #Proactive #ProactiveInvestors #ASX #AKN #Mining #MiningInvestment http://ow.ly/4e7g105op9H

This is a strategic move by Saudi Arabia, showcasing its commitment to diversifying its economy beyond oil. Collaborating with Brazil and Chile, countries with rich mining expertise and resources, could pave the way for significant advancements in the mining sector. Looking forward to seeing how these partnerships will shape the future of mining and contribute to global economic growth. #Mining #GlobalPartnerships #EconomicDiversification

Drilling for Koula underground mining potential has resulted in several high-grade intersections. This includes 68.0 g/t Au over an estimated true width of 2.1 m in SGRD1783, as part of a larger interval of 22.5 g/t Au over an estimated true width of 9.8 m, highlighting the opportunity for underground mining.

Canadian Firms Lead Innovation in Low-Carbon Footprint Mining Summary: Leadership: Canadian mining companies are spearheading innovations aimed at reducing the carbon footprint of mining operations. Technological Advancements: These firms are leveraging cutting-edge technologies and sustainable practices to minimize environmental impact. Examples: Initiatives include the use of renewable energy sources, adoption of electrification in mining equipment, and advancements in water and waste management. Impact: These innovations not only enhance operational efficiency but also contribute significantly to global efforts in combating climate change. Global Influence: Canada's leadership in low-carbon mining serves as a benchmark for the global mining industry, inspiring similar initiatives worldwide. Future Prospects: The continued commitment to sustainable mining practices positions Canadian companies as pioneers in responsible resource extraction. https://lnkd.in/d3FA2bKK

𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐢𝐫𝐦𝐬 𝐈𝐧𝐯𝐢𝐭𝐞𝐝 𝐭𝐨 𝐉𝐨𝐢𝐧 𝐒𝐚𝐮𝐝𝐢 𝐌𝐢𝐧𝐢𝐧𝐠 𝐄𝐱𝐩𝐥𝐨𝐫𝐚𝐭𝐢𝐨𝐧 Saudi Arabia introduced the Mining Exploration Enablement Program, which invites foreign firms and explorers for participation. The Saudi mining industry is set to grow rapidly in the coming period. Read More: https://bityl.co/PGxw #GlobalSaudi #globalfirms #mining #miningexploration #miningindustry #exploration #saudiarabia #news #NewsUpdate #BusinessNews #newsdaily #miningnews