Under the terms of the deal for the property near Val-d’Or, Probe will make a cash payment of $2 million at closing and will issue $2.5 million in common shares, for a total of $4.5 million. Full story.
Read MoreMonarch selling Croinor
Author: Miners News
Hexagon strengthens portfolio with HARD-LINE acquisition
Hexagon’s Mining division has acquired Canadian-based HARD-LINE, a global leader in mine automation, remote control technology and mine production optimization. The move will enhance Hexagon’s life-of-mine technology stack, and will particularly complement its HxGN Underground Mining, HxGN Autonomous Mining, and HxGN MineProtect offerings. Full Story.
Read MoreMining PA conference just weeks away
Mine and plant operators, suppliers, government, professional group members and other industry advocates are all set to convene in just weeks at Mining PA, being hosted at The Penn Stater Hotel and Conference Center from August 14-16. Full story.
Read MoreAlliance Coal breaks ground on new Kentucky mine
Alliance Coal, a subsidiary of Tulsa-based Alliance Resource Partners, held a groundbreaking ceremony on July 6 for its newest underground mine in Henderson, Ky. Full story.
Read MoreOK Tedi selects COSOL for asset management
Papua New Guinea gold and copper miner OK Tedi has picked COSOL for a three-year asset management contract, deepening its already long partnership together. Full story.
Read MoreGoongarrie Hub gets boost from Japanese consortium
Photo: Ardea Resources Ardea Resources said it has signed a non-binding Memorandum of Understanding (MoU) with a Japanese consortium to develop its Kalgoorlie Nickel Project Goongarrie Hub in Western Australia. Full story.
Read MoreNCC raises the wall for LKAB
NCC confirmed it was commissioned by LKAB for the raising of dam walls at its site in Kiruna, Sweden for long-term ore tailings storage. Under the SEK 170 million (US$15.9 million) deal, NCC will raise walls on two sections of the tailings dam at the Kiruna mine’s industrial site in 2023 and 2024. The contract includes foundation work on the…
Read MoreB.C. port strikes disrupt mining supply chain: MAC
The Mining Association of Canada (MAC) said it is alarmed by the adverse impact ongoing strikes at ports throughout British Columbia are having on the mining industry and the broader Canadian economy. Full story.
Read MoreOntario miners impacted most by opioid harm: report
An ongoing study by the Institute for Work and Health and the Occupational Cancer Research Centre has revealed that the segment of labor that includes mining and construction as well as forestry in the Canadian province are more apt to have an emergency or be hospitalized tied to opioid use. Full story.
Read MoreXylem launches breakthrough dewatering solution
Global water technology company Xylem unveiled Flygt Bibo Alpha – a breakthrough dewatering pump with built-in intelligence for the United States market. As the latest addition to Xylem’s portfolio of smart solutions, Flygt Bibo Alpha is set to revolutionize drainage in mining and construction operations and pioneer the next generation of smart pumps by bringing innovation and new capabilities to…
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