Antamina, Peru's premier copper zinc mine, is poised for an electrifying expansion journey, having secured approval for a monumental $2 billion project set to propel its operations until 2036.
BlastIQ™ Quarry is a smart solution that harnesses the power of digital technologies to help quarry operators optimise their drill and blast activities in near real-time.
The purpose-built facility includes Fortescue’s planning, operations and mine control teams, together with port, rail, shipping and marketing teams.
At MCM, company culture is woven around a robust set of values. It has a mission of 'Seam to Value' – this captures its ambitions for the future and shaping its reputation in the marketplace. MCM has been operating for over 50 years, and during this period, its safety performance has been phenomenal. In 2023, MCM achieved 22 years without a fatality and 11 years without a lost time injury.
Today, Sukari, Egypt's first large-scale gold-exporting mine, contributes up to $900m annually to the nation's GDP. The mine, a low-cost, bulk-tonnage open pit and high-grade underground operation, has significant exploration upside and regionally within its 160 km2 plot.
According to Centamin, gold production from Sukari peaked at 450,000 ounces by the end of 2023, an increase compared to 440,000 ounces mined in 2022. Sukari has at least a decade's worth of production ahead and 11.11 million ounces in gold resources.
CEO, Mr. Mark Bristow said “We settled the dispute and established Twiga as a 50:50 economic benefits sharing partnership, which also vested a 16% shareholding in each mine with the government. We reinvented the mines which now, as a combined complex, produce gold at a Tier One level, in other words one which can produce at least 500,000 ounces of gold annually for more than 10 years at the lower half of the industry cost curve. So successful are these operations that, since Barrick’s buyout of the minority shareholders, they have contributed more than $2.8 billion to the Tanzanian economy in the form of taxes, levies, dividends, salaries and payments to local suppliers,”
Allied Gold is an Africa-focused gold company Allied Gold Group, a prominent player in Africa's mining business, with operations in four countries: Côte d'Ivoire, Mali, Egypt, and Ethiopia. The group effectively operates the gold mines at Bonikro, Hiré, and Agbaou in Côte d'Ivoire and a project development pipeline. They are also in the process of a business combination with Allied Merger Corporation and Mondavi Ventures Ltd.
The Essakane mine project is an open pit mining operation located in north-eastern Burkina Faso, West Africa. Commercial operations at the mine began in July 2010, when Iamgold Corporation acquired the majority shareholding in the mine from Orezone Resources. Shortly after the acquisition, the strategic plan implemented by Iamgold Corporation included an expansion of the mine to include a substantial increase of hard rock. This phase was completed at the end of 2013
Sustainability is becoming an increasingly important issue in the mining sector across Africa, and Namibia is no exception. As a country with a rich history of mining and blessed with multiple extractive assets, it is important for mining operations to consider the long-term impact of their activities on the environment and local communities.
The Ahafo South mine exemplifies large-scale, modern gold mining in West Africa. Since operations commenced, the mine has developed a reputation for technical excellence, utilizing cutting-edge equipment and efficient processing technologies. At the heart of the operation is a conventional mill, which was expanded in 2019, allowing for an increase in production to between 550,000 and 650,000 ounces of gold per year through 2024. The mill expansion has also contributed to a reduction in overall processing costs, enhancing the mine's profitability and extending its productive life.
Despite the monumental scale of its operations, Tasiast is still a deeply human endeavor. More than 4,000 people work at the mine, and over 97% of them are Mauritanians. The mine is a lifeline for local communities, not just through direct employment but also via economic spillovers. For every ounce of gold extracted, there’s a ripple effect—contracts for local businesses, educational initiatives, and healthcare projects funded by Kinross.
The impact of Loulo-Gounkoto on Mali’s economy is profound. Over 70% of the mine’s economic benefits go directly to Malian stakeholders, a fact that underscores Barrick’s commitment to creating shared value. "We are not just here to mine gold; we are here to build a future," says Bristow. And that future is being built in partnership with the Malian government and local communities
It has been almost 18 months since Joy Global Inc announced the acquisition of Canadian-based Mining Technologies International Inc (MTI).
In an industry as rigorously competitive as the gold production, Anaconda Mining Inc is a company of exploration that fundamentally strives for stability. The junior gold production company focuses its mergers and acquisitions target searches primarily on Canada and the United States, with a particular focus on Atlantic Canada.
The stage is set for AI to become as integral to mining as drills and bulldozers. Sam Altman, CEO of OpenAI, noted that the development of AI – including powerful generative AI – is only accelerating, with even more advanced “superintelligence” likely within the next decade. In parallel, three of the top ten emerging technologies of 2024 identified by the World Economic Forum are rooted in AI. The writing on the wall is clear: regardless of whether a particular mining company has fully embraced AI yet, this disruptive innovation is rapidly gaining ground and reshaping industry norms. For an industry that has historically been slow to change, the AI in mining wave presents a choice – ride it proactively or risk being swept aside by more agile competitors.
The whole project was conceived at Adolfo Ibáñez University, where Loreto Acevedo and Álvaro Díaz (both founders of INDIMIN) were studying a master's degree in Innovation. Afterward came the crucial support from Fundación Chile, an incubator for entrepreneurs' Latin American ecosystem.
