AGP Executive Report
Last update: 8 hours agoProject Economics: Q2 Metals’ Québec lithium study outlines a 28-year mine producing an average 1.7 million tonnes of concentrate a year, with a projected after-tax NPV of C$13.49 billion. Operating Costs: Global gold miners’ all-in sustaining costs hit a record US$1,930 an ounce in Q2, up 8% quarter on quarter and 22% year on year, the World Gold Council reported, squeezing margins. Exploration: Millennial Potash reported 132 metres of cumulative potash mineralisation in a Gabon drill hole, extending the known zone west of its resource area. Environmental Oversight: Satellite monitoring flagged about 34 hectares of land clearing near each of two Ghanaian communities; one site is identified as unlicensed, while the other falls within a large-scale lease. Safety and Disputes: Goldplat suspended Ghana operations during a second investigation into a contractor’s fatal accident. In Pennsylvania, a couple appealed land-use approvals for a proposed limestone mine, while a Philippine mayor said no exploration permit had been issued for a project opposed by Aeta residents. Mining Demand: Finning’s equipment backlog reached a record C$4.1 billion, up 42% year on year, with mining-sector orders contributing to the increase.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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