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 board said it believed the…
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Australian contractor Macmahon has confirmed the receipt of a three-year mining services contract with AngloGold Ashanti for its Boston Shaker underground gold operation in Western Australia. The deal, worth A$352 million, now extends its alliance partnership to 1 May 2027 and is expected to generate revenue of $117 million annually. It has been providing services to AngloGold’s Boston Shaker since…
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The Society for Mining, Metallurgy and Exploration (SME) has released its schedule for the upcoming International Conference on Ground Control in Mining, set for July 20-22 in Pittsburgh, Pa. The Hilton Garden Inn-Southpointe in Canonsburg will once again serve as host to the event, now in its 43rd year. “We’ve developed a conference schedule that is designed to keep [everyone]…
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The following is a statement from FutureCoal, formerly known as World Coal Association, and has been edited only for style and clarity. Following the announcement to “phase out existing unabated coal” by 2035 at the G7 Ministers’ Meeting on Climate, Energy, and Environment, FutureCoal insists that world leaders must embrace a balanced, pragmatic, and responsible approach to energy policy. Chief…
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Western Australia-based Liontown Resources announced a massive milestone for its Kathleen Valley lithium project: first ore crushed. “Commissioning of the dry plant commenced in late March with the team energising equipment and conducting thorough checks of the systems to ensure everything works in accordance with the design,” said the miner. Liontown noted that it will gradually ramp up the volume…
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Vale and Caterpillar have signed an agreement to test large battery electric trucks and energy transfer systems, as well as conduct studies on ethanol-powered trucks – initiatives aimed at the decarbonization of Vale’s mine operations. The studies, which will be conducted at Vale’s mines in Brazil, will help the miner achieve its goals to reduce scope 1 and 2 (direct…
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The head of Toronto-based Hudbay Minerals said BHP’s recent bid for Anglo American has “increased the valuation of copper assets,” reported Reuters. Full story.
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West Africa-focused gold and silver producer Endeavour Mining has met a milestone, its first gold pour, at the Sabodala-Massawa expansion project in Senegal. The pour was achieved on 18 April, the miner said on 29 April, both on budget and on schedule. Construction took about two years. “We are proud to have achieved our first gold pour at the Sabodala-Massawa…
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Newmont recently selected industry veteran Francois Hardy to serve as its chief technology officer. He takes over for interim CTO Dean Gehring, who had served a dual role as the company’s chief integration officer. Gehring is stepping down from Newmont in early July. Hardy, who is joining the miner’s executive leadership team, will lead the technical work across the business…
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Minnesota-based weight and measure supplier Intercomp has unveiled its LTR788 Dual Platform Scale, an NTEP-certified unit for commercial vehicle weight enforcement. The new release was created for direct measurement of individual tire loading in a dual-tire configuration. While tire failures within dual-tire setups have historically occurred more frequently on inner tires than outer tires, individual tires in a dual-wheel configuration…
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