Mining Sector News | Exploration, Innovation and Sustainability

Australian Gold Production Dips Amid Torrential Rains

The Tropicana mine, 330 km east of Kalgoorlie, reduced production by 59,000 ounces due to heavy rains.

Despite the devastating floods, Gerdau did not suffer any losses in its steel production during the temporary suspension.

Taseko Mines recorded its highest-ever revenue of $525 million in 2023, up 34% over 2022, thanks to the Gibraltar mine.

The IAEA estimates that Iran's total stockpile of enriched uranium has risen to 6,201 kilograms in the last month.

The Porgera mine is providing assistance to survivors of the hillside collapse.

Newmont's key Cerro Negro mine generates more than US$500 million in annual exports.

At peak construction, the projects will employ 10,000 workers, including almost 200 Argentine expatriates.

The ocean area proposed for mining is larger than Great Britain.

The mines would generate a secondary flow of resources through the extraction of metals for renewable energies.

Metals such as nickel, manganese and cobalt on the ocean floor are estimated to be worth trillions of dollars.

The Hermosa Project manganese deposit is estimated to have a lower carbon footprint.

This initiative aims to reduce between 15% and 25% of the CO₂ emissions generated in each project.