A Agnico Eagle Mines Limited

Exciting News: How Did Agnico Eagle Achieve Record Gold Production In The Fourth Quarter Of 2023?

$2.3b Copper Mine Green-Lit In Outback Queensland A Huge New Copper Mine Is Set To Be Developed In Outback Queensland, With Harmony Gold Approving The $2.3 Billion Eva Copper Project. Located North Of Cloncurry, The Mine Is Positioned To Become One Of The State’S Most Important New Resource Developments. Long Mine Life And Steady Production The Eva Copper Project Is Expected To Produce Copper For At Least 15 Years, Delivering Steady Output To Help Support Queensland’S Growing Demand For Critical Minerals. It Will Also Strengthen The Region’S Supply Chain As Older Operations Wind Down. Up To 1,400 Jobs For The North West Construction And Operations Are Forecast To Create Up To 1,400 Jobs, Providing A Major Boost For Local Workers And Communities Across The North West Minerals Province. The Project Is Expected To Play A Key Role In Supporting The Region’S Long-Term Economic Stability. Backed By Queensland’S Investment Push The Queensland Government Has Backed The Project As Part Of Its Broader Investment Drive To Attract Major Resources Developments. Officials Say The New Mine Will Help Position The State As A Leader In Critical Minerals And Support The Transition To A Cleaner Energy Future. One Of Queensland’S Biggest New Copper Mines Once Operational, Eva Copper Is Set To Become One Of Queensland’S Largest New Copper Mines. With Strong Government Support And Rising Global Demand For Copper, The Project Is Expected To Anchor The Next Chapter Of Growth For The North West.

$100 Million Plan To Boost Copper Output In North Queensland Major Upgrade At Eloise Mine Aic Mines Is Investing Around $100 Million Into Expanding The Eloise Copper Mine, Located South-East Of Mount Isa In North Queensland. The Project Aims To Modernise The Older Underground Operation And Bring New Life To The Site. Jericho Deposit Set To Drive Growth A Key Part Of The Plan Is The Development Of The Nearby Jericho Deposit. Once Opened, Jericho Is Expected To Send About 600,000 Tonnes Of Ore Each Year Into Eloise’S Processing Plant. Bigger Plant, Bigger Production To Handle The Extra Ore, Aic Mines Is Expanding The Processing Plant To 1.1 Million Tonnes A Year. Together, The Eloise And Jericho Operations Could Produce Around 20,000 Tonnes Of Copper Annually, Creating A New Copper Hub In The Mount Isa Region. A Potential Boost For Queensland’S Copper Belt With Global Demand For Copper Growing, The Combined Project Could Become A Significant Contributor To The State’S Critical Minerals Industry. Whether This $100 Million Move Sparks Queensland’S Next Copper Boom Remains To Be Seen, But It Marks A Major Step For Aic Mines And The Region’S Mining Future.

Rio Tinto Launches $15 Billion Asset Sell-Off Rio Tinto Has Announced Plans To Sell Up To $15 Billion Worth Of Assets As Part Of A Strategy To Streamline The Company And Refocus On Its Core Operations. The Move Marks One Of The Largest Portfolio Resets In The Miner’S History. Iron Ore Still The Backbone At Tom Price In Western Australia’S Pilbara Region, Iron Ore Is Moved By Rail Almost 400 Kilometres To Cape Lambert, Where It Is Loaded Onto Ships Bound For Asia. These Pilbara Mines Remain Rio’S Strongest Earnings Driver And Will Not Be Part Of The Sell-Off. What Will Be Sold? Rio Plans To Offload Non-Core Mines, Land Parcels, And Parts Of Its Processing And Infrastructure Portfolio. The Company Is Also Reducing Spending On Decarbonisation Projects, Shifting Towards Third-Party Partnerships Instead Of Funding Major Energy Investments Itself. Simandou Adds Global Pressure The Timing Of The Reset Coincides With The Long-Awaited Ramp-Up Of The Simandou Iron Ore Project In Guinea, Which Will Introduce New Global Supply. The Added Competition Has Intensified Rio’S Push To Sharpen Its Business And Strengthen Financial Performance. A High-Stakes Strategy Rio Says The Changes Will Make The Company “Stronger, Sharper And Simpler.” But With Iron Ore Markets Shifting And New Supply Emerging, The Key Question Remains: Will Selling Too Much Reduce Rio’S Long-Term Advantage?

Why Spend Over $400m Building This Wa Rare-Earth Mine? Around 1,000 Kilometres North Of Perth, The Yangibana Rare-Earths Project Is Aiming To Become One Of Australia’S Key Suppliers Of Neodymium And Praseodymium (Ndpr) — Metals Used In Electric-Vehicle Motors, Wind Turbines And Defence Technology. The Site Sits In The Gascoyne Region, Far From Major Towns But Close To Some Of The Country’S Best Rare-Earth Geology. Backed By Hastings And Wyloo The Project Is Being Advanced By Hastings Technology Metals, With Major Backing From Andrew Forrest’S Wyloo. Together They Are Working On A $470 Million Development Plan To Build The Mine And Processing Facilities Needed To Produce High-Grade Concentrate. A Us Supply Chain In The Making Yangibana Is Designed To Export Around 37,000 Tonnes Of Rare-Earth Concentrate Per Year. A Key Part Of The Strategy Is Feeding New Downstream Processing Capacity In The United States, As Global Manufacturers Look To Secure Non-Chinese Sources Of Critical Minerals For Clean-Energy Technologies. Funding Remains The Final Hurdle While Early Works Have Already Begun And Government Agencies Have Provided Loan Support, The Project Still Needs To Secure Its Remaining Capital Before Full Construction Can Move Ahead. That Leaves A Central Question For Investors And Policymakers Alike: Is Yangibana Finally Close To Becoming A Reality?

$680m Pilbara Lithium Push Takes Shape At Tabba Tabba Just Outside Port Hedland, In The Heart Of Western Australia’S Pilbara, Wildcat Resources Is Advancing Its Tabba Tabba Lithium Play — A Rapidly Progressing Project Positioned In One Of The World’S Most Active Battery-Minerals Regions. The Project Sits Roughly 80 Kilometres From Port Infrastructure, Giving It A Logistical Advantage As Lithium Demand Stabilises. Pfs Outlines $443m Stage 1 Build A Recently Completed Pre-Feasibility Study Outlines An Estimated $443 Million Capital Cost For Stage 1 Development, Including Processing Infrastructure Designed To Extract Spodumene Concentrate From Large Pegmatite Bodies On Site. This Is Complemented By $144 Million In Pre-Strip Mining, Required To Expose The Initial Ore Zones And Prepare The Pit For Early Production. These Figures Combine For A Total Pre-Production Estimate Of Around $680 Million, Positioning Tabba Tabba As One Of The More Advanced Lithium Developments In The Pilbara. Why The Project Matters Wildcat Resources Has Been Pushing The Project Forward With Aggressive Drilling, Resource Expansion, And Technical Studies. With Mining Leases Granted And Development Studies Underway, Tabba Tabba Is Emerging As A Notable Contender In Western Australia’S Next Wave Of Lithium Supply. Could It Become A Standout Wa Lithium Mine? Much Will Depend On Lithium Pricing, Global Supply Dynamics, And The Project’S Final Feasibility Outcomes. But With Strong Infrastructure Links, A Large-Scale Development Plan, And A Significant Pre-Production Budget, Tabba Tabba Is Firmly On The Radar As One Of Western Australia’S Most Advanced Lithium Projects.