Couer Rochester expansion project makes milestone

Couer Mining has confirmed a number of crucial milestones for its Rochester expansion project in Nevada, including initial production of silver and gold. With that goal now met, the U.S.-based producer said it is now ramping up operations, a process that is projected to last until at least early next year. Metal production from the new Stage VI leach pad…

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Hecla keeping Lucky Friday on idle

A fire reported in August in the second egress of the No. 2 shaft at Hecla Mining’s Lucky Friday silver operation in Idaho has been extinguished, though the company has confirmed it will suspend production for the remainder of 2023. Hecla said in an update report that, post-fire, normal ventilation has been established, and the workforce has been recalled so…

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Albemarle gets DoD funding for NC lithium mining

Essential element company Albemarle has received approval from the U.S. Department of Defense for $90 million in grant money to back the restart of the Kings Mountain mine in North Carolina. The funding, provided by the Office of the Assistant Secretary of Defense for Industrial Base Policy, utilizing Defense Production Act authorities, will also help boost domestic critical material processing…

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Caterpillar marks 130 years in Wisconsin home

The year – 1893. Only 44 of today’s 50 states formed the union, and Grover Cleveland was elected the country’s 24th president. College basketball was in its infancy, holding its first official game. And the Bucyrus Steam Shovel and Dredge Company opened a new manufacturing facility in South Milwaukee, Wisconsin, to improve and expand its production facilities. Since this point…

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OceanaGold mines first ore at Haile’s underground mine

Gold and copper producer OceanaGold has mined first development ore from the Horseshoe underground mine within its Haile gold operation in Kershaw, S.C. The company said it is on track to deliver first stope ore in October with ramp-up to occur through the first half of 2024. Development of Horseshoe has progressed with approximately 2,230 meters of total development to…

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Generation Mining sells molybdenum asset

Generation Mining has agreed to sell its rights and interests of the Davidson property, which hosts a large molybdenum-tungsten deposit, in an option agreement to Moon River Capital as the Canadian miner focuses its attention on developing the Marathon palladium-copper project in northwestern Ontario. Under the terms of the transaction, Moon River will pay $630,000 in cash for six mineral…

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