The partnership will utilise Epiroc’s portfolio of automation technologies at many of Newcrest’s mines.
The four tenements, which are ‘highly prospective’ for uranium and copper mineralisation, form the Kinloch Project.
Mining work at the Tajo Norte zinc-lead-silver mine has been suspended for up to three years.
The deal excludes tenements comprising the Kat Gap discovery, which are already held by Classic Minerals.
The BFS focuses on a cobalt refinery with the capacity to process cobalt in sulphate form.
Give your business an edge with our leading industry insights.
The refinancing will support Hummingbird to further progress its gold mines in Guinea and Mali.
The Bluff Mine will be moved into care and maintenance by the end of November 2023.
The company plans to explore potential solutions for ongoing losses at KNS, including alternative financing sources.
The partnership will support Albemarle’s efforts to transform the Kings Mountain mine into North America’s first-ever zero-emissions lithium mine site.
Delphos International will help secure financing for the proposed copper-cobalt smelter, which is supported by the Congolese Government.