KAZ Mineral PLC to recognize Aktogay plant’s production in reports

MINEX FORUM | October 2, 2017
img0 KAZ Minerals PLC announces that following continued commissioning progress the Aktogay sulphide plant has been declared commercial. Revenues, operating costs and interest expenses associated with the Aktogay sulphide plant will be recorded in the Group’s income statement from October 2017. Higher than anticipated copper grades at the top of the ore body and the successful ...

Petrapavlovsk is about to restart operations at Kuranakh

MINEX FORUM | June 5, 2017
img0 Petropavlovsk PLC (POG:LN) highlights the progress being made by IRC. K&S, IRC’s 3.2mtpa project, has successfully sold more than 600,000 tonnes of iron ore concentrate since its initial production. IRC’s Board of Directors has authorised a strategic assessment of the option to restart the operation of IRC’s 100% owned Kuranakh mine, previously moved to care and ...

Sharing Critical Control Measures #2 Independent Experts, Black Hats and Sharing Learnings

Brad Ross | April 3, 2017
img0 In this second article of my series of Sharing Critical Control Measures, I discuss the importance of three critical control measures to help prevent unexpected “Black Swan” events, including using independent experts, challenging the basic assumptions of experts (wearing a “black hat) and sharing learnings to prevent similar events. At 144 million tons, the Manefay Landslide ...

Mineco to build the first underground mine in Bosnia and Herzegovina after 30 years

Irina Dorokhova | February 2, 2017
img0 UK base metal miner Mineco said it has invested over $1 million (927,200 euro) in the construction of its lead mine near the municipality of Olovo in Bosnia and Herzegovina over the past 12 months, and is due to open it shortly, said seenews.com. After four years of project development and construction of underground facilities, the preparations ...