Central Appalachian-focused American Resources said its American Carbon subsidiary has entered into a binding letter of intent to sell certain assets associated with the Deane Mining complex in eastern Kentucky for $20.6 million. Full story.
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German underground specialist HBT said it has entered into a deal with Questas Group to acquire Australian-based Waratah Engineering – developer of the WaraBolter, an underground MultiBolter designed to be ergonomically advanced. Terms of the agreement were not disclosed. “This acquisition marks a significant milestone as we continue to build and develop our distribution capabilities, whilst enhancing our product portfolio,…
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Sandvik Mining and Rock Solutions has introduced the Sandvik DR413i, the fourth drill rig in its intelligent rotary blasthole range, purpose-built for high-altitude hard rock mines. The Sandvik DR413i represents the natural evolution of Sandvik D90, known across the globe for its consistency and durability. Ideal for iron ore and copper applications at altitudes up to approximately 15,000 feet (4,500…
Read MorePrecision Pulley & Idler (PPI) said it has acquired Van Gorp Corp., based in Pella, Iowa. Van Gorp has been in business for more than 90 years and has become a “well-respected manufacturer of conveyor components.” Read the full story here.
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Metso has signed an agreement to acquire privately owned Australian group Brouwer Engineering. Read the full story here.
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Sibanye-Stillwater has suspended mining operations at its Kloof 4 shaft in South Africa after it suffered infrastructure damage, reported Reuters.
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De Beers Group has celebrated a key milestone with the delivery of first production from underground operations at its Venetia mine in Limpopo, South Africa.
Read MoreAmerigo Resources said its Minera Valle Central (MVC) operation near Rancagua, Chile, has resumed normal operations after severe flooding destroyed three high-voltage power towers in late June, disconnecting the site from Chile’s central power grid.
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Fort Wayne, Ind.-based Franklin Electric recently marked the 10th anniversary of its global corporate headquarters. Read the full story here.
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Fortescue’s first shipment from its newly built Iron Bridge operations in Australia will soon be on its way to Vietnam, marking the first time the company has exported a high-grade magnetite product. Read the full story here.
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