Coeur Mining subsidiary Coeur Mexicana has signed a purchase agreement with a subsidiary of Fresnillo to acquire mining concessions adjacent to the Palmarejo gold-silver complex in the state of Chihuahua, Mexico, for US$25 million in cash. Full story.
Read MoreAuthor: Miners News
BHP train drivers pull brakes on industrial action
A planned industrial action by train drivers for BHP’s Pilbara iron ore operations in Western Australia was withdrawn as their union waits for an updated employment offer, reported Reuters. “In good faith we have decided that we would withdraw the action at this stage,” Mining and Energy Union WA Secretary Greg Busson told the news agency. Around 400 train drivers…
Read MoreIndonesia kicks off new year with coal levies
Indonesia aims to start implementing levies in January to help compensate coal miners selling to the state utility Perusahaan Listrik Negara (PLN) at reduced prices, reported Reuters. The plan follows a coal supply crunch at local power plants that forced the country to temporarily halt exports in early 2022. “This will create fairness and a level playing field,” said Energy…
Read MoreMetro Mining hits milestone at Bauxite Hills, names floating terminal
Australia’s only pure play bauxite producer Metro Mining reported record production and sales at its Bauxite Hills mine in Queensland. “It is exciting to announce that we have reached 4 million tonnes, which puts our 2023 sales target of 4.5 – 5 Mt well within reach. The Metro team, together with our contract partners, have worked incredibly hard to reach…
Read MoreKomatsu to acquire American Battery Solutions
Komatsu, through its wholly owned subsidiary in the United States, Komatsu America Corp., has agreed to acquire American Battery Solutions Inc. (ABS), a battery manufacturer headquartered in Detroit. U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023, on the condition that all necessary procedures for the closing are completed. The immediate impact on Komatsu’s consolidated business results…
Read MoreHow Tsubaki’s ProService ensures efficient mining operations
In the evolving landscape of the mining industry, maximizing operational efficiency and minimizing downtime are paramount for success. In addition to creating industry-leading products that promote longer operational lifespan, Tsubaki also offers outstanding unmatched service through its ProService Lifecycle Support program. This service offering is transforming the way mining companies manage their equipment, ensuring enhanced productivity, reduced maintenance costs, and…
Read MoreCaterpillar to develop hydrogen-hybrid power solution for off-highway vehicles
Caterpillar announced the launch of a three-year program to demonstrate an advanced hydrogen-hybrid power solution built on its new Cat C13D engine platform. Starting in the first quarter of 2024, Caterpillar will develop a transient-capable system for off-highway applications. The project will demonstrate how state-of-the-art control systems and electric-hybrid components can help hydrogen-fueled engines meet or exceed the power density…
Read MoreCat debuts first diesel electric underground LHD
Built on the platform of its most popular underground loaders, the new R2900 XE is the first Cat diesel electric underground LHD. It’s a productive, powerful, reliable machine built to meet the underground mining industry’s need for bigger payloads, faster loading and reduced emissions, according to the company. Its powerful diesel electric drive engine is EU Stage V compliant, and…
Read MoreEpiroc, Byrnecut deepen partnership for underground loader
Epiroc has signed a Memorandum of Understanding (MOU) with Byrnecut, one of the world’s largest underground mining contractors, to partner on the development of the next generation of electric drive underground loaders. The companies will work together in partnership to develop and test a proof of concept for the large underground loader segment with the aim of having a diesel-electric…
Read MoreVolvo Construction Equipment, CRH partner for decarbonization
With an ambition to explore decarbonization opportunities across transport, operations and materials, a Memorandum of Understanding (MoU) was signed by Volvo Group and CRH on Nov.13. As part of this strategic agreement, Volvo CE will take on responsibility for next generation technology deployment, the scaling up of cutting edge technology and operational efficiency for the off-road segment in a bid…
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