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.

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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.

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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.

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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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