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Y&X Beijing Technology Co., Ltd,is a professional metal mine beneficiation solution provider, with world-leading solutions for refractory beneficiation. Over the years, we have accumulated rich successful experience in the fields of copper, molybdenum, gold, silver, lead, zinc, nickel, magnesium, scheelite and other metal mines, rare metal mines such as cobalt, palladium, bismuth and other non-metal mines such as fluorite and phosphorus. And can provide customized beneficiation solutions ...
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Scientific demonstration before turning waste into treasure - tailings comprehensive utilization test
In the development and utilization of mineral resources, tailings produced by beneficiation plants are often considered "waste." Not only do they occupy significant land for tailings ponds, they can also pose environmental pollution and safety risks. However, with the increasing depletion of mineral resources, increasingly stringent environmental regulations, and technological advancements, the concept of transforming tailings into "treasure" is gaining widespread acceptance and becoming an inevitable choice for sustainable development in the mining industry. The tailings comprehensive utilization pilot is a key starting point for achieving this ambitious goal. It is not a simple technical experiment, but a complex project that integrates theoretical depth, scientific rigor, and practical guidance, aiming to provide solid scientific evidence for the high-value and diversified utilization of tailings. 01 Tailings' "Reinvention": From Waste to Potential Resource 1. Tailings Properties and Challenges Tailings refer to solid waste discharged after ore processing through processes such as crushing, grinding, and beneficiation. It contains no or minimal useful minerals, or the useful mineral content is below the grade that can be recovered under current economic and technical conditions. Its main components include: Gange minerals: quartz, feldspar, calcite, dolomite, mica, etc. Minor unrecovered useful minerals: Fine particles or associated useful minerals that cannot be fully recovered due to embedded particle size and beneficiation process limitations. Harmful elements: Sulfides (such as pyrite and arsenopyrite) and heavy metals, which may cause acidic wastewater and heavy metal leaching. Residual beneficiation reagents: Trace amounts of flotation reagents and flocculants. These characteristics mean that tailings not only occupy a large amount of land but also pose environmental risks. According to statistics, the global tailings production volume reaches tens of billions of tons each year, and the storage pressure is enormous. 2. Tailings Resource Utilization Potential However, tailings are not entirely useless. Under a microscope, tailings particles are still aggregates of minerals with specific physical and chemical properties. At a macroscopic level, their vast volume holds enormous potential value: Useful Associated Minerals: Many tailings still contain low-grade valuable metals (copper, iron, gold, silver, rare earth elements, lithium, etc.) or non-metallic minerals (fluorite, apatite, potassium feldspar, etc.), but current processes hinder their efficient recovery. Building Materials: The silicon, aluminum, and calcium in tailings make them high-quality raw materials for building materials such as cement, bricks and tiles, ceramics, concrete aggregates, and aerated concrete. Environmental Remediation Materials: Some tailings have adsorption properties and can be used for heavy metal wastewater treatment; desulfurized tailings can be used for soil improvement. Agricultural Uses: Tailings that have been decontaminated and adjusted in composition can be used as soil conditioners or fertilizer carriers. New Materials: Ultrafine tailings powder can be used to prepare microcrystalline glass, refractory materials, and composite materials. The "identity reshaping" of tailings is based on a new understanding of their intrinsic value, and the comprehensive utilization experiment of tailings is the scientific cornerstone for achieving this reshaping. 02 The Scientific Connotation and Phases of Tailings Comprehensive Utilization Pilots The tailings comprehensive utilization pilot is a systematic project that integrates multiple disciplines and technologies. Its core goal is to identify the most economically viable, technically feasible, and environmentally friendly utilization pathway for tailings. 1. Pre-pilot Basic Research: A Comprehensive "Physical Examination" The successful utilization of any tailings relies on a deep understanding of its physical and chemical properties. This phase is like a comprehensive "physical examination" of the tailings. ★ Tailings Composition Analysis: Chemical Multi-element Analysis: Accurately measures the content of major, minor, and trace elements, particularly potentially useful elements (such as rare metals, precious metals, and associated iron) and harmful elements (such as sulfur, aspergillus, cadmium, and lead). This determines the tailings' value for secondary beneficiation and the environmental risks of subsequent utilization. Phase Analysis: X-ray diffraction (XRD) determines the mineralogical composition and quantitatively analyzes the content of each mineral, which is the foundation for understanding the physical and chemical properties of tailings. Spectroscopic Analysis (EDS, XRF): Assists in determining the elemental distribution. ★ Physical Property Measurement: Particle Size Composition Analysis: Screening methods, laser particle size analyzers, and other methods are used to determine tailings particle size distribution, providing a basis for processes such as grinding, grading, filling, and sintering. For example, fine tailings may require more refined grinding in the construction material industry, while affecting slurry rheology during filling. Density Measurement: True density and bulk density, among other parameters, influence transportation, storage, and mix ratio calculations. Specific Surface Area Measurement: BET method, which influences adsorption, reactivity, and sintering performance. Moisture Content and Porosity: These methods influence dehydration and compaction performance. ★ Structural and Morphological Analysis: Scanning Electron Microscopy (SEM) combined with Energy Dispersive Spectroscopy (EDS): Observes the morphology, structure, surface characteristics, and elemental distribution of tailings particles. 2. Experimental Research Phase: Exploring and Optimizing Multiple Pathways Based on the results of basic research, combined with market demand and current technological capabilities, targeted utilization trials will be conducted. ★ Secondary Resource Recovery Trials: Regrinding and Re-selection: For tailings containing low-grade useful minerals, the economics of regrinding and the potential for recovery through fine-grain flotation, gravity separation, and magnetic separation will be evaluated. For example, regrinding and re-selection of copper tailings can recover residual copper, sulfur concentrate, and even associated gold and silver. Leaching Technology: For tailings containing difficult-to-select, ultra-fine particles, or associated precious metals, hydrometallurgical technologies such as cyanide leaching, acid leaching, and bioleaching are considered. Typical Case: Magnetic separation was used to recover some magnetite from a domestic iron ore tailings, increasing the grade to over 60%, achieving economic benefits. ★ Building Material Utilization Trials: Cement Admixtures: Tailings are used to replace a portion of cement clinker or aggregate. These trials require measurements of activity index, standard consistency water consumption, and setting time. Sintered bricks and tiles: Tailings partially replace clay. Testing requires optimization of parameters such as batching, molding, sintering temperature, sintering time, compressive strength, water absorption, and frost resistance. Concrete aggregate: Tailings sand replaces river sand. Grading, crushing value, and harmful substance content must be measured, and concrete mix proportion, strength, and durability tests must be conducted. Aerated concrete, glass-ceramics, ceramics, etc.: Targeted formulation design and process parameter optimization are performed. Typical case: Tailings bricks meeting national standards were successfully produced from a non-ferrous metal mine through dehydration, drying, and mixing, enabling large-scale industrial production. ★ Filling material testing: Cementitious filling: Tailings are used as aggregate and mixed with cementitious materials (cement, ground slag, etc.) to prepare a filling slurry for filling underground goafs. Testing requires determination of rheological properties (slump, spread), setting time, early and late strength, as well as impermeability and crack resistance. Paste Backfill: Preparation and transport performance of high-concentration tailings slurry, as well as fill strength. Typical Case: A gold mine adopted a fully cemented tailings backfill technology, which not only solved the tailings storage problem but also ensured mining safety. ★ Environmental Remediation and Agricultural Utilization Experiments: Heavy Metal Adsorption: Evaluating the adsorption capacity of tailings for heavy metal ions in wastewater. Soil Conditioner: Evaluating the improvement effect of tailings on acidic and infertile soils (pH, nutrient content, and plant growth tests). Typical Case: Tailings from a phosphate mine, rich in calcium, phosphorus, and other elements, were treated and used as a carrier for agricultural phosphate fertilizer, achieving increased production and efficiency. ★ Other High-Value Utilizations: Such as the preparation of composite materials, functional ceramics, and molecular sieves. This type of research typically involves more cutting-edge technologies and higher added value. 3. Environmental Impact and Economic Assessment: Dual Considerations Environmental Impact Assessment: An assessment of environmental safety during testing and after product use. For example, radioactivity, heavy metal leaching, and dust emissions from tailings construction materials are assessed. Leachate testing is also performed after filling the tailings. Economic Assessment: A full Life Cycle Cost Analysis (LCA) is conducted, encompassing tailings pretreatment costs, utilization process costs, product sales revenue, and environmental benefit conversions, to ensure the commercial viability of the utilization plan. 03 Practical Guidance: Ensuring Trial Success and Project Implementation 1. Clarify Trial Objectives and Demand-Oriented Design Before the trial begins, the primary objective must be clearly defined: is it to recover by-products? To produce building materials? Or for underground backfill? Different objectives dictate different test emphases and evaluation criteria. At the same time, thorough market research should be conducted to ensure the competitiveness of the developed product. 2. Standardized Sampling and Representativeness The properties of tailings are influenced by various factors, including ore source, beneficiation process, and storage time, and exhibit a certain degree of variability. Therefore, standardized sampling is crucial to ensure representative samples that truly reflect the average properties of the tailings. Multi-point, multi-layer, and multiple sampling, along with mixed and reduced sampling, is recommended. 3. Strictly Control the Trial Process and Record Data Standardize Trial Parameters: All tests should be conducted under controlled variables and strictly adhere to national or industry standards. Ensure Reliable Data: Detailed records of each test condition, operating procedures, raw data, and observations should be kept to ensure data authenticity and verifiability. Repeatability Testing: Key experiments should be repeated multiple times to verify the accuracy and stability of the results. Pilot-Scale-Up: After successful laboratory research, continuous pilot-scale testing should be conducted to verify the industrial feasibility of process parameters, equipment selection, and product performance, and to identify potential issues. 4. Emphasize Multi-Stakeholder Collaboration and Industry Chain Synergy Comprehensive tailings utilization often involves multiple industries, such as mining, building materials, chemicals, and agriculture, requiring the integration of multiple resources. Technical Cooperation: Collaborate with universities and research institutes to introduce advanced technologies and professional talent. Policy Support: Actively seek preferential government policies in terms of funding, land, and taxation. Market Connectivity: Establish connections with potential users to jointly develop and promote tailings products. 5. Prioritize Safety and Environmental Protection Regardless of the utilization method, safety and environmental protection must be prioritized. Ensure that tailings utilization products meet relevant national standards and do not cause secondary harm to the environment and human health. For example, tailings used in agriculture must pass rigorous testing for heavy metal leaching, toxicity, and radioactivity. 04 Outlook: The Future of Tailings Utilization In the future, comprehensive tailings utilization will develop towards high-value-added, diversified, intelligent, and zero-emission development. High-value development: Shifting from extensive building material utilization to high-value-added products such as rare metals, precious metals, and high-purity materials. Diversification: Integrating multidisciplinary technologies to develop more innovative applications. Intelligence: Introducing big data, artificial intelligence, and robotics to achieve intelligent tailings sorting, automated batching, and process optimization. Zero-emission: The ultimate goal is to achieve 100% tailings utilization, completely eliminating tailings ponds or transforming them into eco-friendly landscapes. Trials in comprehensive tailings utilization are essential for the mining industry to achieve green development and a circular economy. It goes beyond simply turning waste into treasure; it demonstrates a deep respect for and efficient utilization of Earth's resources. Through in-depth scientific research, rigorous experimental practice, and multi-stakeholder collaboration, we have the ability and responsibility to transform tailings, once a burden, into a valuable asset that drives industry progress and benefits human society. This requires not only technological breakthroughs, but also conceptual innovation and the joint efforts of the entire society.
How far are we from “smart mineral processing”?
With the continued growth of global demand for mineral resources and increasing environmental, safety, and cost pressures, traditional mining production models face unprecedented challenges. The wave of digital transformation is sweeping across all industries, including the mining sector. "Smart mineral processing," as a core component of intelligent mining, is becoming an industry consensus and development direction. It represents not only technological innovation but also profound changes in production methods, management models, and even the industry ecosystem. So, how close are we to achieving "smart mineral processing"? 01 Automation: The cornerstone of smart mineral processing01 Automation: The cornerstone of smart mineral processing Automation is the foundation of smart mineral processing. Its core is to replace manual labor in repetitive, dangerous, or precision-critical operations through various control systems and equipment, thereby improving production efficiency, ensuring safety, and reducing labor intensity. 1. Current Application of Automation in Mineral Processing Plants Currently, the vast majority of modern mineral processing plants have widely adopted automation technology, primarily in the following areas: Crushing and Grinding Automation: Crusher Automation: Load sensors and level meters monitor the material status within the crushing chamber, automatically adjusting the feed rate and discharge opening to achieve the optimal goal of "more crushing, less grinding." Grinding Mill Automation: Utilizing sonar systems, power sensors, bearing temperature sensors, and other sensors, combined with online analytical instruments such as grinding concentration meters and slurry pH meters, closed-loop control of mill feed rate, water volume, and speed is achieved, ensuring stable grinding product particle size and maximizing grinding efficiency. For example, intelligent feed control systems based on mill acoustic signals are widely used. Automatic Sampling and Online Analysis: Automatic samplers are installed at key points in the grinding and flotation circuits. Combined with online X-ray fluorescence analyzers (such as the Courier series from Finland's Outotec) and ultrasonic concentration meters, key parameters such as slurry grade, concentration, and particle size are monitored in real time, providing a basis for subsequent control. Flotation Automation: Automatic Flotation Cell Level Control: Level sensors and electric valves automatically adjust the flotation cell level to maintain a stable froth layer. Automatic Air Volume and Agitator Speed ​​Control: Based on slurry properties and flotation performance, the air volume and agitator speed are automatically adjusted to optimize mineralization. Automatic Reagent Dosing System: Based on slurry grade, pH, and other data from online analyzers, a peristaltic or metering pump automatically and precisely adds flotation reagents such as collectors, frothers, and regulators. This enables "on-demand dosing," avoids overdosing or underdosing, improves reagent utilization, and reduces costs. For example, some concentrators have implemented intelligent reagent control based on online grade analysis results. Concentration and Filtration Automation: Thickener Automation: Utilizing an underflow concentration meter and interface detector, the underflow pump speed and flocculant dosage are automatically adjusted to ensure stable underflow concentration and clear overflow. Filter Automation: Parameters such as vacuum level and filter cake moisture content are automatically monitored and adjusted to ensure filtration efficiency and product quality. Conveying and Stockpiling Automation: Belt Conveyor Remote Control and Interlocking Protection: Enables remote start, stop, and speed adjustment, and includes fault protection features for deviation, tearing, and blockage. Stacker and Reclaimer Automation: Enables unmanned, automated stacking and reclaiming operations in the stockpile yard. 2. Benefits of Automation The widespread application of automation technology in mineral processing plants has significantly improved production efficiency, stability, safety, and economic benefits: Improved production efficiency: A continuous and stable production process reduces downtime and fluctuations caused by human intervention. Optimized product quality: Precise control of key parameters ensures stable concentrate grade and recovery rate. Reduced production costs: Reduced reagent and energy consumption, labor costs, and maintenance costs. Improved working environment: Replacing manual work in harsh environments improves safety. Although automation has made significant progress, its essence is "rigid" control based on preset rules and fixed models. When production conditions (such as ore properties and equipment wear) change significantly, automated systems often struggle to adapt and still require manual intervention and adjustment. This is precisely the problem that intelligentization aims to solve. 02 Intelligence: The Leap Towards Smart Mineral Processing Intelligence is an advanced stage of automation. Its core is to enable the mineral processing system to have the ability of autonomous learning, autonomous decision-making, autonomous optimization and self-adaptation by introducing advanced technologies such as big data, cloud computing, artificial intelligence (AI), Internet of Things (IoT), and digital twins, thereby achieving flexibility, optimization and coordination of the production process. 1. Core Technology System of Smart Mineral Processing (1) Industrial Internet of Things (IIoT) and Data Collection: Deploy massive sensors, intelligent instruments and edge computing devices to collect physical quantities (temperature, pressure, flow, liquid level, current, voltage, vibration, etc.), chemical quantities (grade, pH value, redox potential, etc.) and equipment operating status data of the entire mineral processing production process in real time and with high precision. Use communication technologies such as industrial Ethernet and wireless sensor networks to build high-speed and reliable data transmission channels and aggregate massive data to the cloud or local data center. Practical Case: Using Machine Vision Technology to Monitor Foam Status in Real Time (2) Big data platform and data mining: Build a unified mining big data platform to clean, integrate, store and manage data from different equipment, different systems and different time dimensions. Use big data analysis technology (such as association rule mining, cluster analysis, regression analysis, etc.) to discover potential laws, abnormal patterns and optimization opportunities in the production process from massive historical data, such as predicting equipment failures and analyzing process bottlenecks. (3) Artificial intelligence (AI) and machine learning (ML): Intelligent identification and prediction based on deep learning: Intelligent identification of ore properties: Use machine vision and spectral analysis technology to identify and classify the grade, mineral composition, and embedded characteristics of the selected raw ore in real time, providing accurate basis for grinding and flotation. Equipment fault prediction and health management (PHM): By analyzing the equipment's vibration, temperature, current and other big data, use deep learning models to predict the remaining life and potential failures of equipment (such as mills, flotation machines, pumps), implement preventive maintenance, and avoid sudden downtime. Reinforcement Learning and Adaptive Control: Intelligent Grinding Circuit Optimization: Using a reinforcement learning algorithm, the grinding system autonomously finds the optimal combination of feed rate, water volume, and mill speed through trial and error, achieving optimal product particle size and minimizing energy consumption. Intelligent Flotation Reagent Control: A reinforcement learning-based intelligent flotation reagent decision-making system is built. Based on real-time slurry properties, online grade analysis results, and flotation indicators, the system dynamically adjusts reagent type, dosage, and addition point, achieving adaptive optimization of the flotation process. Expert System and Knowledge Graph: The ore dressing engineers' experience and knowledge are digitized and structured to create a mineral processing knowledge graph. This assists AI models in decision-making and provides intelligent guidance for novices. 2. Practical Path for Intelligent Mineral Processing Top-level Design and Planning: Develop a smart mineral processing development blueprint aligned with the company's strategy, clearly defining intelligent goals, technical routes, and implementation phases. Data Infrastructure Development: Improve automation systems, deploy the Industrial Internet of Things (IIoT), ensure high-quality, comprehensive data collection and transmission, and build a unified data management platform. Core Algorithm and Model Development: Develop or introduce AI and big data algorithms and models based on the specific characteristics of mineral processing processes to address key issues such as grinding particle size control, flotation reagent optimization, and equipment failure prediction. Digital Twin Platform Development: Gradually establish a digital twin model of the mineral processing plant to enable visual monitoring, simulation optimization, and predictive warnings. Talent Development and Organizational Transformation: Cultivate interdisciplinary talent with big data analysis and AI application capabilities, and promote the shift to a flatter, more intelligent, and collaborative management model. Pilot First and Gradual Expansion: Select key production lines for pilot projects to verify technical feasibility and economic benefits, and then gradually expand to the entire mineral processing plant and even the mining group. 03 Challenges and Outlook 1. Challenges Although smart mineral processing holds great promise, its development is not without its challenges. It faces numerous challenges: Data Quality and Standardization: The mineral processing process is complex, resulting in a wide variety of data types. Data formats vary across different equipment and systems, and data loss and noise are common, making data cleaning and integration difficult. Shortage of Multidisciplinary Talent: A shortage of multidisciplinary talent who are both proficient in mineral processing technology and AI, big data, and industrial Internet technologies is a bottleneck hindering the development of smart mineral processing. High Initial Investment: Deploying advanced sensors, communication networks, computing platforms, and software systems requires substantial capital investment, placing a heavy burden on some mining companies. Data Security and Privacy: Industrial big data involves core corporate production secrets, making data security and privacy protection paramount. Compatibility with Existing Systems: The control systems and equipment of older mineral processing plants often lack intelligent interfaces, making retrofitting difficult and leading to significant compatibility issues. 2. Outlook: The Future of Smart Mineral Processing Looking ahead, "smart mineral processing" will develop in the following directions, becoming increasingly accessible: Full-process collaborative optimization and self-healing: This will enable intelligent perception, real-time decision-making, collaborative control, and adaptive optimization throughout the entire process from ore to concentrate, even with the ability to self-heal in the event of emergencies. Cross-regional and multi-mine collaborative production: Cloud computing and digital twins will enable optimized resource allocation and production coordination among different mineral processing plants, and even within mining groups. Virtual reality/augmented reality (VR/AR) applications: Combined with digital twins, these applications will provide mineral processing plants with immersive remote operation, maintenance guidance, and personnel training. Green, low-carbon, and circular economy: Smart mineral processing will more precisely control energy, water, and chemical consumption, realize waste resource utilization, and promote the green and sustainable development of the mineral processing industry. 04 Conclusion: The Road Ahead is Long, But the Way Will Come Achieving "smart mineral processing" is a long and complex process, one that cannot be achieved overnight. It is not a simple accumulation of technologies, but rather a systematic engineering transformation. From automation to intelligence, we have taken a solid first step and are now moving towards deeper levels of intelligence. We are currently at a critical juncture in the transition from "automation" to "intelligence." While fully "unmanned" or "fully intelligent" mineral processing plants will still take time, intelligent applications in some processes have gradually been implemented and demonstrate significant potential. Mining companies should actively embrace change, increase investment in technological R&D, cultivate multifaceted talent, deepen industry-university-research collaboration, and progressively advance the development of smart mineral processing. "Smart mineral processing" not only significantly improves production efficiency, reduces costs, and ensures safety, but is also the only way to promote high-quality development and achieve green and sustainable development in the mining industry. With unwavering conviction, continued investment, and in-depth practice, we believe that the grand blueprint of "smart mineral processing" will eventually become a reality, ushering in a new chapter in the development of the mining industry.
Drilling at Canada's Sheridon Gold Mine Shows Potential
According to Mining.com, Dryden Gold has intersected 9 meters grading 2.55 g/t gold at its Sheridon project in Ontario, Canada. The company has also purchased two net smelter returns (NSRs) on the mine. Drilling in Zone Four, hole DSH-25-001, intersected 19 meters of gold at a depth of 40 meters at a grade of 1.28 g/t gold. Drilling in Zone Three intersected 39 meters of gold at a grade of 0.4 g/t gold, and another 7 meters at a grade of 1.82 g/t gold. The Sheridan Gold Mine, part of the company's Gold Rock mineral rights, is located approximately 75 kilometers south of Dryden, Ontario. "While we remain focused on gold rock orebody expansion, our efforts in the Sheridan and Hyndman areas are beginning to confirm the significant potential of Dryden," said Trey Wasser, the company's CEO, in a press release. "I am also pleased to complete the agreement to purchase the Sheridan royalty. Purchasing the royalty at an attractive price will help enhance the mineral rights and shareholder value." Historic Gold Tenures The Dryden landmass is dotted with several older gold mines that have been relatively poorly explored using modern methods. Another notable hole at Sheridan is DSH-25-002, which intersected 136 meters grading 0.26 g/t gold from a depth of 213 meters, including 17.6 meters of mineralization grading 0.6 g/t gold. Hole DSH-25-003 intersected 76.8 meters grading 0.16 g/t gold from a depth of 8.2 meters. 2% NSRs The company reported a 2% return on the Dryden NSRs, purchased from two private parties for C$20,000 on October 3rd. The Dryden NSRs were purchased by the company from Manitou Gold, a subsidiary of Alamos Gold, in March of last year. The remaining royalty on the rights is 1%, payable to Alamos. The Sheridan rights are royalty-free for the remaining rights. The Sheridan deposit is located 35 kilometers south of Gold Rock. The gold mineralization is widespread and controlled by an east-west deformation zone, with a geophysical anomaly extending approximately 5 kilometers. Source: https://geoglobal.mnr.gov.cn/zx/kcykf/ztjz/202510/t20251016_10023265.htm

2025

10/17

The market capitalization of the world's 50 largest mining companies has reached a record high.
According to Mining.com, the combined market capitalization of the world's 50 largest mining companies reached nearly $1.97 trillion by the end of the third quarter, a year-to-date increase of nearly $700 billion, with most of the gains occurring in the third quarter. The total market capitalization of these mining companies has now surpassed the previous record set three years ago. The ranking of the largest mining companies has also shifted during this period. A trend that has persisted in the global mining sector for over a decade has finally broken through mainstream attention: critical minerals have suddenly become a hot topic of discussion for everyone from the US president to taxi drivers. The weak US dollar is the primary reason—the rankings are based on the company's market capitalization in the local currency of its listed exchange, which is then converted to US dollars at the exchange rate. The surge in precious metal prices, including a broad rebound in platinum group metals, is the primary driver. However, despite gains of over 60% for platinum group metals, this was not enough to propel producers back into the top 50. The top performers were mostly gold and silver companies, with Coeur Mining's share price surging an astonishing sixfold thanks to its well-timed acquisition of a Mexican silver mine. Meanwhile, Fresnillo, a London-listed silver company controlled by Mexico's Peñoles, saw its share price surge 305%. In addition to gold and silver, rare earths have also been a strong performer. Perth-based Lynas Rare Earth climbed to 49th place after its share price surged 280%. Las Vegas-based Mountain Pass Materials (MPM) saw its share price surge in the second quarter following a breakthrough agreement with the Pentagon. The company's market capitalization has now increased by 500%. Source: https://geoglobal.mnr.gov.cn/zx/kydt/zhyw/202510/t20251017_10025014.htm

2025

10/17

Australia's Gold Output Reaches 300 Tonnes Again
According to Mining Weekly, data from Melbourne-based consulting firm Surbiton Associates (SA) shows that Australia’s mine gold production for the 2024/25 financial year reached 300 tonnes, hitting a two-year high, though still below the record 328 tonnes achieved in the 1999/2000 financial year.   In the second quarter of 2025, production reached 76 tonnes, a quarter-on-quarter increase of 3 tonnes, or 4%, reflecting steady growth in the industry. At a gold price of A$5,200 per ounce, the annual output value slightly exceeded A$50 billion, making gold Australia’s fourth-largest export commodity, behind iron ore, coal, and liquefied natural gas.   "Australia’s gold mining industry is efficient, highly productive, and critically important," said Dr. Sandra Close, Director of SA. "Gold exports are worth almost half the combined export value of Australia’s agricultural, forestry, and fishery products. Unfortunately, this is poorly understood by many politicians and most of the public."   Global uncertainties, including tensions in the Middle East and the Russia-Ukraine conflict, as well as the radical policies of U.S. President Trump, have continued to drive up the U.S. dollar-denominated gold price. This has led to an even larger increase in the Australian dollar gold price, despite the strength of the Australian dollar.   The practice of blending stockpiled low-grade ore with newly mined ore has somewhat restrained production growth, with this ratio just exceeding 15% in the second quarter. This approach helps extend mine life and optimizes resource utilization.   Foreign control over Australia’s gold mines has varied over time. In 1997, foreign companies controlled 20% of Australia’s gold production, peaking at 70% by the end of 2002. Currently, foreign control stands at approximately 45%. This proportion is expected to rise following the completion of South African Gold Fields’ A$3.7 billion acquisition of Gold Road Resources in late September.   This acquisition involves the Gruyere gold mine, located 200 kilometers east of Laverton, which was discovered by Gold Road in 2013. Gold Fields acquired a 50% stake in the mine in 2016 for A$350 million. Mine construction was completed in 2019 at a cost of A$621 million, with production for the 2024/25 financial year reaching 305,000 ounces. The open pit is expected to reach a depth of at least 500 meters, making it one of Australia’s deepest open-pit mines.   "Although Australian entities control 55% of gold mines overall, their ownership of the top five gold mines in the 2024/25 financial year was only 24%," Close noted. "This truly highlights the dominance of overseas companies over our largest gold producers."   In the 2024/25 financial year, Australia’s top gold mine was Newmont’s Boddington, with production of 574,000 ounces. It was followed by the Tropicana mine (AngloGold Ashanti 70%, Regis Resources 30%) with 466,100 ounces, Newmont’s Cadia mine with 432,000 ounces, Northern Star’s Super Pit with 405,400 ounces, and Newmont’s Tanami mine with 387,000 ounces.   In the second quarter, Boddington remained Australia’s largest gold-producing mine, with output of 147,000 ounces. It was followed by the Super Pit (117,400 ounces), Cadia (104,000 ounces), Gold Fields’ St Ives (99,200 ounces), and Tropicana (93,800 ounces).     Article Source: https://geoglobal.mnr.gov.cn/zx/kydt/zhyw/202509/t20250902_9974529.htm

2025

09/03