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Priargunskoye PGKHO OAO to build cement plant-AK&M

Sunday, 13 Jul 2014 08:00pm EDT

Priargunskoye PGKHO OAO:On June 30 Priargunskoye PGKHO OAO and Beijing Triumph International Engineering Co., Ltd. (BTIEC, China) signed contract on the development of a feasibility study on the building of the cement plant in Zabaikalskiy region, the company informed-AK&M.The talks between the parties started in 2013.This project is included into the company's production diversification program.The capacity is assumed to reach 1000 ton/day.The project is expected to be realized by 2016 summer.

AK Alrosa OAO commissions Udachny underground mine-Interfax

Friday, 27 Jun 2014 08:07am EDT

AK Alrosa OAO:Alrosa commissioned the Udachny underground mine on June 27, the Russian diamond monopoly said in a statement-Interfax.Udachny will become the biggest underground diamond mine in Russia and one of the biggest worldwide when it reaches design capacity of 4 million tonnes of ore per year, Alrosa said.The underground mine is expected to reach its design capacity in 2019.In the second half of 2014 diamond mining at Udachny will be ancillary to the ore body development.Commercial production is to start in 2015 to reach 2.4-3.0 million tonnes of ore per year by 2016, and 4 million tonnes per year by 2019, Alrosa said.The underground project is estimated to mine about 72.3 million tonnes of ore by 2034.The additional prospective resources are estimated at 72.8 million tonnes of ore.Once the design capacity is reached, Udachny underground mine will be able to provide over 5 million carats of diamonds per year.Open-pit mining at Udachnaya pipe is expected to be fully completed in 2015, until then underground mining and operations in the open-pit mine will be parallel.

Robex Resources Inc announces Start Up of Nampala Plant

Tuesday, 27 May 2014 10:23am EDT

Robex Resources Inc:Launch of its gold plant in Nampala, Mali. In fact, the plant, now in partial operation, handles more than 1,600 tons of ore per day.The commissioning of plant (or testing of the various sections of plant) has thus started.This has already led to minor technical adjustments.Company can now say that the plant start-up took place and it is positive.

Sino Platinum Metals to set up subsidiary

Tuesday, 29 Apr 2014 08:00pm EDT

Sino Platinum Metals Co Ltd:To invest 50 mln yuan to set up a wholly owned subsidiary in China (Shanghai) Pilot Free Trade Zone, which will be engaged in import and export trading business.

Auplata SA receives authorization for implementation of cyanidation demonstration unit

Tuesday, 25 Feb 2014 02:00am EST

Auplata SA:Receives authorization from the municipality of Remire-Montjoly (French Guiana) for the construction of demonstration unit dedicated to treatment of gold bearing concentrates by cyanidation.Unit conceived to ensure the treatment of up to 2 tonnes of sulphide concentrate per day.

Rainmaker Mining Corp announces entry into frac sand business

Monday, 16 Dec 2013 09:00am EST

Rainmaker Mining Corp:Says it has developed a business plan which will concentrate on the acquisition and development of silica sand deposits.

Compania Minera Poderosa SA Establishes New Subsidiary

Thursday, 14 Nov 2013 06:05pm EST

Compania Minera Poderosa SA announced that it has established a new subsidiary, called Sociedad Electrica Lavasen SAC, with a share capital ascending to PEN 1,000. The Company will hold a 99% stake in the newly created entity. Sociedad Electrica Lavasen SAC will be engaged in the development, promotion, construction, operation and maintenance of the electric generation facilities.

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