Newmont puts off decision on Yanacocha spend

Newmont is planning to undertake cost-cutting efforts in 2024, and as such has opted to defer its decision of a full funds investment in the expansion of its Yanacocha sulphides expansion in Peru for “at least” two years. Officially, the producer said it wants to “advance…[a] portfolio optimization strategy” that will prioritize other opportunities and support a disciplined capital allocation…

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Volvo refreshes service contract offerings

Volvo Construction Equipment recently launched a refreshed portfolio of Volvo Service contracts, which will now have three levels. The range has been rebranded from its existing and widely known Customer Services Agreement, which it noted will continue helping customers to manage the repair and maintenance requirements of their Volvo machinery. The new gold, silver and blue contracts are built on…

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Sandvik introduces AutoMine AutoLoad 2.0

Sandvik Mining and Rock Solutions is introducing AutoMine AutoLoad 2.0, a new AutoMine feature that enables fully automated production cycles for loaders operating in fixed drawpoint and dump point mining applications. The autonomous loading technology is seeking to increase loading cycle consistency while reducing equipment idle time and operating costs. It builds on the design of its predecessor AutoLoad Assist,…

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