De Beers to pause Venetia mine production for two years
The decision follows a previous move earlier in the year to pause the Tuzo phase three expansion at the Gahcho Kué mine.
14 July 2026
14 July 2026
The decision follows a previous move earlier in the year to pause the Tuzo phase three expansion at the Gahcho Kué mine.
The agreement sets out plans for long-term cooperation to build a fully integrated manganese supply chain in North America.
The package includes a $160m (A$230.52m) gold stream facility with Eagle Eye Asset, which is expected to be drawn down from Q3 2026.
The current drilling campaign is designed to investigate both shallow skarn targets and deeper porphyry-style mineralisation.
The company has received funding from WA’s EIS to carry out a detailed EM survey.
The samples were collected during the 2026 spring mapping campaign to examine breccia textures across 15 separate locations.
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Weir, a mining technology company, has secured a multimillion-dollar contract in quarter two with a major Chinese non-ferrous metals company to supply WARMAN® pumps for the Phase III expansion of a Xizang copper mine.
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