Following seven years of negotiations, Aboriginal corporation Djaara enters into a historic gold mining agreement with Canada's Agnico Eagle. Agnico Eagle says its first benefit-sharing agreement in Australia follows similar arrangements with indigenous groups at its home base in Ontario, Canada. The agreement, "bakaru wayaparrangu" which means "in the middle, we meet" extends Djaara influence over employment, environmental impact, and mine remediation giving 'more than just money.' To read the full article as published by Australian Broadcasting Corporation (ABC) and reported by Tyrone Dalton, please click on the link in the comments section below #miningnews #globalpartnership #selfdetermination #aboriginalaustralia #canada #victoria DJAARA Agnico Eagle Mines Limited
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Are we witnessing the death of Australia's global mining leadership? In the space of a few short weeks; we have witnessed: 1. A Unilateral, ideological decision by the PM on Jabiluka; now the subject of legal action 2. Mass outcry about the potential re-unionisation of the Pilbara (and other minesites). 3. Broad concern over the "Nature Positive" changes to the EPBC Act; so much backlash that Labor have been forced to make some changes and trickle feed them in. 4. Tanya Plibersek's cancellation of the Regis Resources gold project in NSW. No wonder the mining Industry is turning its back on Australia for new investment. Make no mistake - all Australians standards of living will be negatively affected by this.
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Forte Minerals Corp. (CSE:CUAU, OTCQB:FOMNF) CEO Patrick Elliot tells Proactive's Angela Harmantas that the company, has made a landmark acquisition, solidifying its position in the Peruvian mining sector. During PDAC 2024, Elliot revealed the strategic acquisition of the Altar Project, a gold exploration site adjacent to Barrick's renowned Pierina mine. This move marks a culmination of 12 years of diligent efforts by Forte's project generator, Globetrotters, showcasing their prowess in navigating the competitive landscape and governmental negotiations to secure 100% control of this high-potential area. Discovered in the late '90s by Buena Ventura, the Altar Project's initial explorations indicated significant gold deposits, with the first drilled hole yielding 131 metres of 2.55 grams of gold from the surface. Watch at #Proactive #ProactiveInvestors #CSE #OTCQB #CUAU #FOMNF http://ow.ly/4ZSR105kHvI
Forte Minerals acquires game-changing Altar Project in Peru - PDAC 2024
proactiveinvestors.co.uk
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Mōrena, and happy Tuesday which means newsletter day! 🌞 In this week's newsletter, we reflect on the time in 2010 when 50,000 Kiwis united to protest proposed mining in protected conservation areas. Their efforts led to the establishment of safeguarded zones free from mining threats. Today, New Zealand faces a similar challenge as powerful and excessive mining interests loom once again. On June 8th, New Zealanders will join forces at the March for Nature to stand against the undemocratic Fast-Track Bill which if passed, would grant three ministers unchecked power to approve damaging projects such as coal mining and deep-sea oil drilling. Read on: https://lnkd.in/gUcQNBUX #ClimateActionNZ #MarchForNature #NZClimateAction #fasttrackbill
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(ROHT) SAIOH | WITS Masters in Environmental Science candidate | BCOM Bus. Management | Advance CMEC | NQF 7 Intro to Mining Eng. | OH legal Knowledge Certificate | MVSSA Northern Branch Chair 2024/2025 | Sub GEE Member
🌟 Reflecting on Resilience: A Throwback to Our Triumphs in Mining During COVID-19 🌟 As I came across the Minerals Council South Africa #WomenInMining COVID-19 Heroes nominations Siyanda Bakgatla Platinum Mine (Pty) Ltd, I couldn't help but be transported back to the unprecedented times when the world was on edge, and we in the mining industry faced our own set of formidable challenges. It was during this period that our team, driven by determination and a shared vision, undertook the colossal task of establishing a facility from the ground up. With limited resources but unlimited spirit, we embarked on a journey that would test our resolve at every turn. The task was herculean - to create a safe, efficient, and sustainable operation amidst a global crisis. The hours were long, the pressure was immense, and the stakes were high. Yet, through sleepless nights and relentless days, we remained undaunted. Our facility, which started as a blueprint of hope, soon became a beacon of success. Each bolt tightened and every piece of machinery that roared to life was a testament to our unwavering commitment. I am immensely proud to have been part of this extraordinary team that not only rose to the occasion but also set new benchmarks for excellence in the mining industry. As we share this honor with all nominees who have displayed exceptional courage and ingenuity, let us take a moment to celebrate our collective resilience. To my peers in the industry, let's continue to break new ground and pave the way for a brighter, more inclusive future. #MakingMiningMatter #COVID19Heroes #Leadership #Innovation #Teamwork
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Interested in Canadian #gold exploration? Check out New Break’s Moray Gold Project in Ontario's Abitibi greenstone belt. 🇨🇦 Sharing traits with the nearby Young-Davidson Mine, Moray holds promising gold intersections yet to be fully explored. Recent surveys indicate extended zones of mineralization, hinting at a significant deposit. ⛰️🔍 https://loom.ly/iWr_JP0
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Coverage stock OreCorp Limited (ASX: ORR) (initiated in July 2023) remains in the box seat, with its shovel-ready Nyanzaga gold project in Tanzania attracting competitive tension in the form of two rival bidders, Silvercorp Metals Inc. and Perseus Mining Limited, at a time of record gold prices. OreCorp's Nyanzaga gold project is located near Barrick Gold Corporation's Bulyanhulu mine and AngloGold Ashanti’s Geita mine. The Nyanzaga mine would cost $474 million to build and is slated to produce 242,000 ounces gold per year over its first decade, based on OreCorp's August 2022 feasibility study. #gold #equities #commodities #resources #ausbiz #Tanzania
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#MiningNews : Réunion Gold Settles Alliance Dispute with Barrick Gold Réunion Gold and Barrick Gold officially settled their claim on Wednesday, December 20, reaching an amicable resolution. The resolution effectively ends all obligations between both entities, given that there’s no ownership remaining as per the alliance agreement. Despite this resolution, Réunion Gold maintains its primary focus on developing and exploring the Oko West project in north-central Guyana, which Barrick had excluded from the alliance back in January 2020. Notably, Barrick holds no rights to reclaim involvement in the project. Oko West, discovered through Réunion’s initial drilling program in 2020, boasts a pit-limited mineral resource estimate. It comprises 41.8 million tonnes grading 1.84 g/t gold, amounting to 2.5 million oz gold in the indicated category. Additionally, it holds 27.1 million tonnes of inferred material grading 2.02 g/t gold, containing 1.8 million oz of metal. Following this development, Reunion Gold’s shares rose by 1.1% in Toronto, holding a market capitalization of US$349.8 million. The dispute stemmed from Réunion Gold’s notice to terminate the agreement in December 2022, which Barrick contested in the Ontario Superior Court of Justice. Initially, the North West Expansion Project in Suriname remained the sole project under the alliance, as Barrick had chosen to exclude all others. Before the conclusion of the deal, both parties agreed on a rehabilitation plan and budget for the North West expansion project. In the settlement, Réunion offered to relinquish its rights to the North West extension to Barrick. Initially, Barrick’s claim sought declarations affirming its position, an order compelling Réunion’s compliance with the covenant, an injunction, and damages. However, with the settlement, these claims have been resolved. - Constance. (2024, January 06). Réunion Gold Settles Alliance Dispute with Barrick Gold. Copperbelt Katanga Mining. https://lnkd.in/dPB8dQi5 #Redrilza #TodaysNews #MiningNews #MiningIndustry #DiamondDrilling #UndergroundExploration #SurfaceExploration #DeWatering #ZambianMining #Zambia #Zimbabwe #Congo #Africa
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via Grafa Tennant Minerals announced a significant milestone at the Bluebird #Copper- #Gold discovery, with the deepest copper mineralisation to date intersecting at over 400m below the surface in one drill hole. The discovery extends the potential strike length to over 800m and 400m vertically, indicating the possibility of continuous mineralisation from near the surface. Further #drilling is planned after the wet season to explore the Bluebird East discovery and targeted extensions to the west. #TMS aims to establish a maiden mineral resource to support Bluebird's stand-alone mining and processing operation. Learn more: https://loom.ly/AhvQu0c #TennantMinerals #ASX
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#Partnerships and #collaboration are key to supply chain security. Australian Strategic Materials (ASM) recent announcements highlight the growing bilateral relationship between Australia and the US, as the two countries look to develop and secure alternative rare earth and critical mineral supply chains. Our new engineering contract with Bechtel Mining & Metals and the letter of interest for a conditional debt funding package of US$600M from Export-Import Bank of the United States demonstrate the progress being made in our industry and the opportunities that lie ahead. Learn more about ASM’s recent updates and what it means for the development of the globally significant #DubboProject https://lnkd.in/gMyis5RM #rareearths #criticalminerals #criticalmetals #minetometals
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Semi-Retired after over 40 years Experience, Evaluation and Mngt of Mining Projects. Ski chalet host at Sun Peaks Resort, BC
Land titles and mining world wide: “No matter how you own it, a mine is actually is a national asset,” he said. “When you invest in it to develop it, you should be investing in its people and its businesses, and people should benefit out of it and the economic benefits should be split. It should be shared.” #barrick#bristow#gold#papuanewguinea#titles#mining#porgega#nevada#bc https://lnkd.in/gmt5zkWX
Exclusive: Barrick CEO Bristow drives another U-turn in a remote land Barrick Gold Corporation (TSX: $ABX; NYSE: $GOLD), the 2nd-largest gold miner, has poured its first gold in Papua New Guinea in nearly 4 years, as CEO Mark Bristow highlights a career of value investing & local partnerships. #mining #miningnews #gold #copper
Exclusive: Barrick CEO Bristow drives another U-turn in a remote land - The Northern Miner
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