Philippines-based Semirara Mining and Power has disclosed plans to invest PHP291 billion (US$5.0 billion) for its coal mine expansion project in Semirara Island, Caluya, Antique, reported the Manila Standard. Semirara said in documents submitted to the country’s Department of Environment and Natural Resources that the investment would expand the existing Molave and Narra pits and the Acacia deposit. The project…
Read MorePeabody Energy said it has completed $250 million of the anticipated $489 million of initial development capital to achieve longwall production at its Centurion hard coking coal project in March 2026. The company has so far commissioned two continuous miner units with a third unit expected to be commissioned in the fourth quarter. Centurion successfully produced its first development coal…
Read MoreAs part of its energy-saving comminution technology development efforts, Metso has signed an agreement to acquire its long-term partner Swiss Tower Mills Minerals AG (STM). Previously, Metso had a 15% minority ownership in the company. The parties have agreed not to disclose the transaction value. Metso decided to exercise its right of first refusal following the divestment decision of STM’s…
Read MoreU.S.-based Aspen Technology has introduced the AspenTech Microgrid Management System (MMS) solution for customers with heavy electrical power requirements in mining, refining, chemicals, and other industries to manage on-site conventional and renewable power generation, active load management and energy storage. Based on the company’s proven AspenTech OSI monarch SCADA platform, the solution empowers customers to maximize operational performance and accelerate…
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FutureCoal has proudly welcomed The Coaltech Research Association NPC as a new associate member. As a leading research association, Coaltech drives innovation in South Africa’s coal industry, focusing on technology development that ensures competitiveness, sustainability, and safety. The collaboration aligns with FutureCoal’s Sustainable Coal Stewardship (SCS) philosophy, promoting advanced technologies and responsible practices throughout the global coal value chain. Together,…
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Caterpillar has entered a new alliance with IMA Engineering to enhance its own Precision Mining initiative. The teaming of the two companies will use cutting-edge technology to provide real-time, detailed information about ore, the raw material extracted in mining, which will help sites improve operational efficiency and accuracy. Cat Precision Mining is Caterpillar’s advanced vision to improve every step of…
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OEM Komatsu said it will be enhancing its presence in Peoria, Ill., with the construction of a new office building that will include collaborative spaces for engineering, sales, manufacturing, management and other functions. Full story.
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Newmont said it will sell its Akyem operation in the Republic of Ghana to China’s Zijin Mining Group under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont’s ongoing program to divest non-core assets as the miner makes a strategic shift to focus on its Tier 1 assets. The transaction is expected…
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At its 2024 Annual Meeting and Awards Banquet, the Institute of Makers of Explosives (IME) recognized member companies with the Tricia Appleton Award for Safety which is the organization’s highest award given to those member companies with zero recordable safety incidents the previous year. At this year’s awards banquet, the Tricia Appleton Award for 2023 was given to six IME member companies,…
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Through a bottom-up approach, frontline workers have been empowered to shape a new Fatal Risk Management (FRM) program at Anglo American, one that is easy to use and doesn’t add another layer of red tape. Anglo American Australia CEO Dan van der Westhuizen said embedding frontline workers in the project team was crucial in designing the simplified and standardised tools…
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