05 October 2023
05 October 2023
Barrick aims to complete a full feasibility study next year and begin production at the expanded process plant by 2028.
Through the acquisition, Targa will now own 137,000ha of land across the provinces of Quebec and Ontario.
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.
Spread across 277.18 hectares, the project is said to have resulted in drill holes with gold at 2.50 grams per tonne (g/t) and silver at 1,115g/t.
The lithium projects that the duo plan to acquire cover 5,187 hectares of land and are located next to the Patriot Battery Metals project.
The BFS focuses on a cobalt refinery with the capacity to process cobalt in sulphate form.
The Excellence Awards celebrate the greatest achievements and innovations in the industry, and the people and companies that are driving change.
Within the rare earth metals market, cerium is projected to account for the largest volumetric share followed by lanthanum, neodymium, and others in 2023. The demand dynamics for neodymium is estimated to remain strong as the sale of electric vehicles continue to flourish across the globe. The product is deployed in the manufacturing of magnets including low and high performance and is an integral part of the modern-day technology assembly from automotive vehicles to fighter jets.
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