Wet beneficiation plant in commissioning

THE phase two wet beneficiation plant at NSL Consolidated’s Kurnool Iron Ore Project in Andhra Pradesh is expected to be in positive cash flow by the end of the year. The plant will allow NSL to produce a high grade premium price iron ore product grading between 58-62% iron at around 200,000 tonnes annually.

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Maco sets daily tonnage record

MACO Gold Project in the Compostela Valley of Mindanao established a new daily record by producing an average of 1525 tonnes of ore by the end of June. This surpassed Apex Mining’s targeted daily production of 1500 tonnes.

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King-king MPSA renewed for 25 years

RENEWAL of the Mineral Production Sharing Agreement (MPSA) for St Augustine Gold and Copper Limited King-king Copper-Gold Project in southern Mindanao has been approved by The Mines and Geosciences Bureau (MGB) of the Philippines. The renewal is for 25 years and was awarded to St Augustine’s joint venture partner, Nationwide Development Corporation (NADECOR).

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BKM feasibility study progresses

ASIAMET Resources has started work on a feasibility study for the Beruang Kanan Main (BKM) Copper Project in Central Kalimantan following a positive preliminary economic assessment (PEA). The company says the new study represents a major de-risking phase for BKM.

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