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Manara Minerals seeks stake in Reko Diq
Executives from Saudi Arabian miner Manara Minerals are in Islamabad, Pakistan, to continue talks about buying a stake in the country’s Reko Diq copper-gold project, reported Reuters. The news agency noted that Barrick Gold, which owns the project jointly with Pakistan, considers it as one of the world’s largest underdeveloped copper-gold areas. Located in Pakistan’s…
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Brazil rejects Vale, BHP settlement offer for dam disaster
Brazil and the state of Espirito Santo have rejected a proposal by Vale, BHP and their iron ore joint venture Samarco regarding reparations for the deadly 2015 Mariana tailings dam collapse, reported Reuters. The failure of the Fundão Dam caused a giant mudslide in the Minas Gerais state, killing 19 people, leaving hundreds homeless and…
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EnviroGold to streamline leaching tech demos
EnviroGold has announced plans to build a centralized demonstration facility near Brisbane, Australia, that will use the company’s proprietary leaching technology to process tailings from multiple mining sites. EnviroGold said constructing and installing the NVRO Clean Leach Process processing unit in a centralized location would better streamline the testing process. The company noted the facility…
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Metso to restructure Minerals equipment division
Metso said it plans to implement structural adjustments in certain parts of its Minerals equipment business to strengthen competitiveness and improve efficiency. The restructuring will lead to the loss of 240 positions globally. “The planned measures will address the changes in the market environment that are driven by, for example, an increasing emphasis on strategic…
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MSHA reports fourth fatality of 2024
MSHA reported that on April 15, a miner at Riverbend Sand and Gravel, Weld, Colo., died when the tail section of a collapsible belt conveyor fell and pinned him between the tail section and middle section. The miner was working as part of a crew to tear down the conveyor in preparation to be moved.…
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MSHA issues nearly 200 violations in March
The Mine Safety and Health Administration (MSHA) said it completed impact inspections at 14 mines in 11 states in March, issuing 199 violations and one safeguard. Full story.
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Fuchs Lubricants South Africa unveils new grease
Fuchs has revealed that one of its clients, which it called the world’s largest global diversified miners, has standardized the supplier’s RENOLIT CSX ULTRA across all its heavy mobile equipment, following extensive testing. The calcium sulphonate complex grease is now being blended locally by Fuchs Lubricants South Africa. Dave Gons, mining export technical export for…
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Harmony Gold marks two deaths in as many days
South African miner Harmony Gold has reported two fatalities at its mines in a two-day period. On 2 May, the company confirmed a single fatality of an underground construction employee at its Mponeng operation near Careltonville, Gauteng province. At the time of its statement, Harmony said an investigation had begun to determine the nature of…
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Pan American Silver exits La Arena
Pan American Silver has agreed to sell its 100% stake in La Arena, which owns the La Arena gold mine as well as the La Arena II project in Peru, to Jinteng (Singapore) Mining, a subsidiary of Zijin Mining. Under the terms of the deal, at closing Zijin will pay US$245 million in cash and…
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Zhaojin secures Tietto Minerals’ majority ownership
China’s Zhaojin Capital, a unit of Zhaojin Mining, has won control of Australian-based gold producer Tietto Minerals after a six-month takeover battle that values the latter at A$733 million ($474.62 million), reportedReuters. Zhaojin’s original offer of A$0.58 per share was increased on 15 April to A$0.68 per share and declared “best and final” offer. Tietto’s…
