Didipio's Underground Development Plan Rescheduled

OceanaGold Corp. has announced preliminary results from an ongoing optimization study of its Didipio gold-copper operations on Luzon island in the Philippines. Oceana currently operates an open-pit mine and concentrator at Didipio that produced 45,266 oz of gold and 11,185 mt of copper in concentrate during the first half of 2014.


Amulsar Output Projected at 205K Oz/y Gold for Lydian

Exploration drilling at Amulsar.

Lydian International has announced positive results of an updated feasibility study of its 100% owned Amulsar gold project in southern Armenia. The study proposes development of a large-scale, low-cost, open-pit, heap-leach operation that would produce an average of 205,000 oz/y of gold over a mine life of 10.4 years.


Oyu Tolgoi Signs Power Cooperation Agreement

A technician installs a power panel during construction of the Oyu Tolgoi mine in Mongolia. The mine’s operator  and the Mongolian government recently agreed on a comprehensive energy plan for the operation and the  surrounding South Gobi region, including generation, transmission and energy importation issues.

Turquoise Hill Resources reported in mid-August the signing of an agreement between the government of Mongolia and Oyu Tolgoi LLC, the operating company for the Oyu Tolgoi mine, for cooperation in development of a comprehensive energy plan for the South Gobi region of Mongolia. Oyu Tolgoi LLC is owned 66% by Turquoise Hill and 34% by the government. The agreement provides a framework for a broad range of power-related issues, including establishment of a power generation source, transmission lines and power imports.


Alrosa Goes Underground at Udachny as Surface Ops Wind Down

Alrosa has commissioned the Udachny underground diamond mine in the Sakha Republic, eastern Russia, at the site of a surface mining operation that began in 1971. Upon reaching its design capacity of 4 million metric tons per year (mt/y) of ore in 2019, the underground mine will become the largest underground diamond mine in Russia and one of the largest worldwide.


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