Keyword: "budget"

Mining News Pro - Potash development company Kore Potash reports that the definitive feasibility study (DFS) for Phase 1 of its 97%-owned Dougou Extension (DX) potash project in Congo-Brazzaville remains on track and within budget to be completed in May.

Mining News Pro - The Queensland Government is encouraging the state’s resources industry to discover new minerals, including nickel, cobalt, copper and gold as part of its exploration funding in the 2020-21 state budget.

Mining News Pro - The Australian Government’s 2020-21 Budget is a win for the mining industry as it prioritises training and education, and research and development in manufacturing and supporting industries.

Mining News Pro - UltraTech Cement has cuts its capital expenditure budget to around US$130m due to the coronavirus pandemic. Work on its 2.2Mt/yr Cuttack grinding unit, which was scheduled for commissioning in March 2021, has been slowed down.

Mining News Pro - The exploration arm of mining major Rio Tinto will spend A$9.2-million on exploration at the Citadel copper/gold joint venture (JV), in Western Australia, during 2020.

Mining News Pro - Global exploration budget for nonferrous metals decreased by 3% last year to an estimated $9.8 billion from $10.1 billion in 2018, according to S&P Global Market Intelligence’s latest World Exploration Trends report. The decline in planned spending halts a two-year rebound in the exploration sector.

Mining News Pro - President Donald Trump’s 2021 budget proposed $150 million for the creation of a U.S. uranium reserve as the administration seeks to help struggling producers of the fuel for nuclear power reactors.

Mining News Pro - In an interview with Mining News Agency, member of the board of Iran Minerals Production and Supply Company said according to the researches of Iran’s Geology Organization and Mining Exploration, gold is one of the minerals which is high priority..

Mining News Pro - Southern Copper’s VP of Finance, Raúl Jacob, said this week that the company is evaluating the possibility of making changes to the Tía María project’s $300-million development budget.

Mining News Pro - Don’t listen to what miners say. Look at what they do.

Mining News Pro - The project, which increases capacity by almost 50% from 750t per day (270,000t per year) to 1,100t/d (400,000t/y), wrapped up both ahead of schedule and 10% - about US$2.8 million - under budget.v

Mining News Pro - Roxgold Inc. (Roxgold) has announced that the Bagassi South project has been completed under budget and on schedule with the successful practical completion of its process plant expansion.

Mining News Pro - The budget for global non-ferrous exploration has increased by 19% year-on-year, to $10.1-billion, new data from S&P Global Market Intelligence has revealed.

Mining News Pro - Estimated global non-ferrous exploration budgets, 1996- 2018. (Image: S&P Global Market Intelligence)

Mining News - TSX-listed B2Gold has increased the exploration budget for the Fekola North Extension zone, in Mali, based on positive exploration drill results, by $3.9-million, to accelerate the current programme, which is extending and infilling mineral resources to the north of the main Fekola deposit.

Mining News Agency -Mehdi Karbasian expressed of Last year’s budget which has been allocated to IMIDRO was 750 billion IRRs but we only received 160 billion IRRs.

Mining News Agency -While budget allocations for most commodities are expected to increase this year as the recovery in the mining industry continues, zinc will outperform owing to the strong prices seen in 2017, the latest report from S&P’s Global Market Intelligence’s Metals & Mining team states.

Mining News Agency -Resolute Mining has implemented a gold hedge following sales of 72,000 ounces of gold at an average price of $1715 per ounce, representing a premium over its budget $1600 price.

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