The world’s best mining projects are revealed in a new report – with gold and lithium assets in traditional safe-haven jurisdictions dominating.
Mining Journal Intelligence’s (MJI) Project Pipeline Handbook 2023 presents our pick of the 50 best mining projects globally, selected using a unique, objective scoring method.
Our evaluation process involves collecting 25 key data points from economic studies – ranging from the scoping to feasibility stages – as they are published and feeding the information into our system, which calculates a score out of 100.
Four projects in the top 50 scored 88. Two – Critical Elements Lithium’s Rose lithium asset and NexGen Energy’s Rook I uranium project – are in Canada. Taseko Mines’ Florence copper project in Arizona – the highest-scoring base metals asset – and Ferro-Alloy Resources’ Balasausqandiq vanadium project in Kazakhstan – also scored 88.
Ferro-Alloy Resources Ltd (LON:FAR) is developing the giant Balasausqandiq vanadium deposit in Kyzylordinskaya oblast of southern Kazakhstan. The ore at this deposit is unlike that of nearly all other primary vanadium deposits and is capable of being treated by a much lower cost process.