Ok Tedi rolls out largest wheel loader in PNG

Ok Tedi Mining Limited has launched the first and largest front wheel loader in Papua New Guinea: a Cat 995 Large Wheel Loader. The new machine will allow the miner to increase production capacity and meet growing market demands. “The Cat 995 is up to 23% more productive than the Cat 994 Wheel Loader, while the company has been using…

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India, Mongolia discussing mining pact

An Indian government source told Reuters that the country is in talks with Mongolia to set up a preliminary pact that will focus on mineral shipments between the two Asian nations. “The pact with Mongolia will focus on transit of minerals” such as coal and copper, said the source, who did not want to be identified as the deliberations are…

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Fortescue to purchase zero emissions mining equipment from XCMG

Fortescue intends to purchase over 100 pieces of zero emissions heavy mobile equipment under a deal with Chinese manufacturer XCMG with a potential value of more than US$400 million. This marks XCMG’s largest contract outside of China for mining equipment and will see battery electric wheel loaders, wheel dozers, water carts, float prime movers and graders delivered to Fortescue’s Pilbara…

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Electric truck starts up in China

The Anjialing coal mine in the Shanxi province, operated by ChinaCoal Pingshuo Group, has reportedly turned the key on a 200-tonne pure electric dump truck. According to a Xinhua report, the developer and producer of the truck is Hunan Xiangdian Green Energy Intelligent Control, which manufactures electric trucks and electric locomotives for the Chinese mining industry. The vehicle can transport…

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Anglo American sells minority stake in Jellinbah

Anglo American has agreed to sell its 33.3% minority interest in Jellinbah Group, a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, to Zashvin A$1.6 billion (US$1.1 billion). Zashvin is an existing 33.3% shareholder in Jellinbah alongside Anglo American and Marubeni. “The cash proceeds of A$1.6 billion reflect the…

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Rio Tinto becomes sole owner of New Zealand Aluminium Smelters

Rio Tinto completed the previously announced acquisition of Sumitomo Chemical Co.’s 20.64% interest in the joint venture New Zealand Aluminium Smelters (NZAS) on 1 November, making it the sole owner. NZAS owns and operates the Tiwai Point aluminium smelter, located on Tiwai Peninsula in Southland. Around 90% of the aluminium produced there is exported. “We are pleased the acquisition of…

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Fatal accident at Rio Tinto’s Simandou

Rio Tinto has confirmed that an employee from a contracting company has died following an accident on October 26 at the SimFer port site on the Simandou project in Morebaya, Guinea. “Our deepest condolences go to the family, friends, colleagues and communities affected by this tragedy. Our focus is on offering all possible support during this difficult time,” said Rio…

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