Gold seal of approval for Matilda
The Matilda Gol...
Blackham Resources has taken a huge step towards gold production in Western Australia, following approvals of its Matilda Gold Project.
The Matilda Gold Project, contained within a 20km radius of the company’s Wiluna gold plant, is believed to have 4.7million ounces of gold potential, with the hope that by refurbishing the area the company could be looking at an annual production of 100,000 oz from September 2016.
The approvals were granted by the Department of Mining and Petroleum after analysing the company's tailings dam designs and permits for vegetation clearing.
In a full scale expansion of their assets, the company will also dewater the Wiluna underground mine while approvals are still in place as to the dewatering for the Matilda mine.
The Matilda Gold Project looks to explore and evaluate the resources at the Matilda Mine, the Williamson Mine and the Golden Age Mine, with the desire to expand the company’s mining inventory of gold.
Blackham’s Williamson mine, situated on the Wiluna Mine, scheduled for mining in year 3, is said to be “well advanced”.
Gold production from the Matilda Gold Project looks set to begin from September 2016.
Read the May 2016 issue of Mining Global magazine
Vale invests $150mn to extend life of Manitoba operations
Vale has announced a $150mn CAD investment to extend current mining activities in Thompson, Manitoba by 10 years while aggressive exploration drilling of known orebodies holds the promise of mining well past 2040.
Global energy transition is boosting the market for nickel
The Thompson Mine Expansion is a two-phase project. The announcement represents Phase 1 and includes critical infrastructure such as new ventilation raises and fans, increased backfill capacity and additional power distribution. The changes are forecast to improve current production by 30%.
“This is the largest single investment we have made in our Thompson operations in the past two decades,” said Mark Travers, Executive Vice-President for Base Metals with Vale. “It is significant news for our employees, for the Thompson community and for the Province of Manitoba.
“The global movement to electric vehicles, renewable energies and carbon reduction has shone a welcome spotlight on nickel – positioning the metal we mine as a key contributor to a greener future and boosting world demand. We are proud that Thompson can be part of that future and part of the low carbon solution.”
Vale continues drilling program at Manitoba
Coupled with today’s announcement, Vale is continuing an extensive drilling program to further define known orebodies and search for new mineralization.
“This $150mn investment is just one part of our ambitious Thompson turnaround story. It is an indicator of our confidence in a long future for the Thompson operations,” added Dino Otranto, Chief Operating Officer for Vale’s North Atlantic Base Metals operations.
“Active collaboration between our design team, technical services, USW Local 6166, and our entire Thompson workforce has delivered a safe, efficient and fit-for-purpose plan that will enable us to extract the Thompson nickel resources for many years to come.”
The Thompson orebody was first discovered in 1956 by Vale (then known as Inco) following the adoption of new exploration technology and the largest exploration program to-date in the company’s history. Mining of the Thompson orebody began in 1961.
“We see the lighting of a path forward to a sustainable and prosperous future for Vale Base Metals in Manitoba,” said Gary Annett, General Manager of Vale’s Manitoba Operations.