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Author: Miners News

Rugby makes discovery at Cobrasco project

Miners News

Canadian-based exploration company Rugby Resources said recent surface sampling at its Cobrasco copper project in Colombia has yielded significant copper/molybdenum assay results.  Additionally, a new molybdenum stockworked porphyry occurrence has been identified approximately 1 kilometer northeast of the Cobrasco Central drilling area. Reconnaissance mapping indicates the new molybdenum porphyry may represent a continuation of the primary mineralization intersected in drill…

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Sandvik shines with Golden Shank

Miners News

Sandvik has unveiled the Golden Shank, a patented corrosion protection coating for greatly increased service life and lower drilling cost per meter. The shank adapter encounters harsh conditions in many underground mines due to the use of highly corrosive water as flushing media. During its lifetime, it must endure challenges such as reduced fatigue properties, stress corrosion cracking and embrittlement.…

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Simandou receives board approval: Rio Tinto

Miners News

Rio Tinto’s board of directors has approved the “world’s biggest mining project” in West Africa, reported the Financial Times. The miner will invest $6.2 billion in the mine, rail and port project in Guinea. The Simandou project, which involves the construction of a 552,000-kilometer rail line, is being progressed in partnership with CIOH, a Chinalco-led consortium, Winning Consortium Simandou, Baowu…

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Death toll climbs in illegal Venezuelan mine collapse

Miners News

The collapse of an illegally operated open-pit gold mine in central Venezuela has killed at least 14 people and injured several more, reported the Associated Press. Bolivar state governor Angel Marcano told local reporters that 14 bodies had been removed so far and authorities knew of at least 11 people injured. “We continue to carry out rescue work,” he said,…

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BHP board greenlights WRC project

Miners News

BHP said its board of directors recently approved the Western Ridge Crusher (WRC) project, located on the traditional lands of the Nyiyaparli people, approximately 21 kilometres southwest of Newman, Western Australia. The project is a sustaining tonnes proposal for the miner’s Newman Operations, which consists of two mining sites. BHP WA Iron Ore Asset President Tim Day said this was…

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Julong obtains approval for expansion

Miners News

Zijin Mining has received local government approval for the second phase expansion of its Julong copper mine in Tibet, reported Reuters. The expansion will raise the total capacity of the mine to around 350,000 metric tons of copper per day, and will require an investment of around 17.5 billion yuan (US$2.43 billion).  “After the Julong Phase 2 Project is completed…

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BKT receives top exporter award for 2023-24

Miners News

BKT was awarded the Top Exporter award for the year 2023-24, on the occasion of International Customs Day 2024, a ceremony dedicated to celebrating the importance of international trade and honoring the work of customs officials worldwide, hosted by Customs Kandla and Customs Mundra.  The award highlights BKT’s commitment to promoting excellence in the field of exports, thereby contributing to global economic…

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Motion acquires two canadian companies

Miners News

Motion Industries Inc. has signed a definitive purchase agreement to acquire the operating assets of Perfetto Manufacturing and SER Hydraulics. Subject to customary closing conditions, the transaction is expected to be finalized at the end of February. The affiliated organizations are well-established, with Perfetto in business since 1986 and SER Hydraulics since 1978. Located in Sudbury, Ontario, Canada, each has…

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