Kazakhstan’s worst-ever mining incident kills 45

A fire at the ArcelorMittal Kostenko coal mine on 28 October claimed the lives of 45 workers, according to media reports. Methane gas is to blame for the incident in the Karaganda region, according to Reuters and WION, which both called the event the worst in the region’s post-Soviet history. Rescuers were warned early in their effort that chances of…

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Buenaventura will focus on San Gabriel in 2024

Polymetallic producer Buenaventura, owner of the San Gabriel underground gold mine in Peru, said in its earnings report this week the mine will be a heavy focus for it in the coming year in terms of capital spending. In the company’s third-quarter and nine-month 2023 report, Buenaventura said its 9M23 consolidated copper production increased 35% year-on-year; zinc production decreased by…

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Sandvik acquires esco

Sandvik has signed an agreement to acquire German-based gear manufacturing software developer esco in a deal with undisclosed terms. The supplier is known for its creation of power skiving software; its solutions support design, production and quality inspection for gear manufacturing. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions. “Power skiving is…

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