
Auric Mining moves forward with initial shaft at Munda gold mine
The current phase of the initial well will be extended for five months.

The current phase of the initial well will be extended for five months.

The integration of state-of-the-art technology and environmental planning establishes the mining project as a vital component of the U.S. energy security strategy.

The company plans to structure sales and purchase agreements for the entire production during the financing period.

These initiatives seek to diversify the production of critical minerals through efficient and sustainable processes.

The geological, technical and strategic convergence makes this venture one of the most watched by the global mining industry in 2025.

The company begins full capacity operations at the British Columbia mine and details its strategy to expand annual production.

The agreement includes 35 specialized vehicles and nine power systems for remote operations from Centro.

The financing of the transaction will imply an increase in interest costs estimated at 25 million pounds sterling for the same year.

Barrick has chosen Sandvik to modernize its Porgera operation, installing advanced drilling technology and remote monitoring.

If the project is completed, it is estimated that it will generate nearly 1,000 jobs during the construction phase.

The U.S. mining exploration company has strengthened its focus on domestic production of critical minerals.

Ceramic membrane technology increases its chemical resistance and operational efficiency.