INDUSTRY NEWS
GLOBAL INDUSTRY INSIGHTS Your roundup of world news from the mining industry
KODAL MINERALS CLEARS WAY FOR LITHIUM PROJECT
Kodal Minerals has transferred the Foulaboula exploitation permit to its subsidiary Les Mines de Lithium de Bougouni (LMBL) to enable its lithium project in Mali. This ensures the validity of the permit and clears the way for a fi nal export approval of spodumene concentrate, starting as soon as next quarter. The permit is a key mining licence
required to ensure compliance with Malian government and legislation, playing into the country’s new mining framework. It was introduced in August 2023 to increase the country’s revenues from mining by scrapping tax exemptions. The Malian government owns a 35% stake in the company, with the rest owned by Kodal Mining UK. The move means Bougouni
will become the country’s second operational lithium mine; one which will operate using Dense Media Processing (DMP), a method that sorts particles primarily on the basis of their density - a highly eff icient sorting method.
6
www.engineerlive.com
BLUE MOON UNDERGROUND EXPLORATION PROGRAMME
Mining company Blue Moon Metals has received congressional support and Bureau of Land Management (BLM) approval for an underground exploration programme at the Blue Moon Critical Minerals Project in the state of California. “With this approval, all three of
Blue Moon’s critical metals projects have permits for underground exploration and development activities,” said Blue Moon CEO Christian Kargl-Simard. A portal and tunnel will be built
at Blue Moon volcanogenic massive sulphide (VMS) deposit in Mariposa County to provide access for infi ll and exploration drilling. Engineering for this decline has begun and a request for a
proposal process to select a mining contractor has been initiated, with decline construction expected to begin late in the third quarter of this year. Infi ll and exploration drilling
allows for the examination of geology, rock mechanics and underground mining conditions. Once the mine moves into production, the decline will be used as the main haulage route. Another aim of the programme
will be to evaluate the potential addition of barite, pyrite, gypsum, aggregates, gallium, germanium and indium. The approval allows for immediate
commencement of the underground exploration programme.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44
