China Gold International said overall operations at its CSH gold mine in Inner Mongolia have returned to full production, effective 3 January, following slope maintenance. The Canadian-based miner reported in November that the mining rate was reduced at the end of the third quarter and into the fourth quarter in order to enhance the management and maintenance of open pit…
Read More
Barrick Gold said it has begun recommissioning the Porgera gold mine in Papua New Guinea following the formal completion of a commencement agreement. Porgera, an open pit and underground gold mine, has been in care and maintenance since April 2020. Barrick said it anticipates mining and processing to restart in the first quarter of 2024. The equity in the mine…
Read MoreMetso has signed an agreement with Future Tech Service (FTS) to strengthen its Asia-Pacific distributor network. The partnership enables FTS to deliver Metso crushing equipment and services exclusively in South Korea. “In taking our Korean business to an exciting new direction, we are especially pleased to be teaming up with the FTS team. Customers can expect a high degree of…
Read More
China, the world’s top processor of rare earths, has added technology to make rare earth magnets to its “Catalogue of Technologies Prohibited and Restricted from Export,” which aims to protect national security and public interest, reported Reuters. “This should be a clarion call that dependence on China in any part of the value chain is not sustainable,” said Nathan Picarsic,…
Read MoreThe Coal Ministry of India has issued vesting orders for six coal mines and agreements for two mines, bringing the agency’s total so far to 80 under its commercial auction scheme. The ministry said the orders were issued on 14 December; out of the six coal mines whose vesting orders were issued, two coal mines are fully explored mines and…
Read More
Global coal miner Peabody Energy has succeeded in expanding its holding at its North Goonyella operation in Queensland, and to mark the growth is renaming it the Centurion mine. Peabody officials said the change comes after the company reached an agreement to acquire a large portion of the Wards Well coal deposit, situated adjacent to the existing North Goonyella complex.…
Read More
Vietnam said its domestic sources can only meet 65% of coal demand for electricity production next year, which means 26 million tons must be imported. The country’s main coal import markets are Australia and Indonesia, but it has recently signed a deal with Laos.
Read More
Scania Commercial Vehicles in India has inked an exclusive partnership with PPS Motors, giving the latter the role of its sole representative for the OEM’s mining tippers in India. Scania officials said the pairing will ensure it has Pan India coverage for its sales and service operations. “The company provides tailor-made solutions by detecting, analyzing, and continuously optimizing critical points…
Read More
Following an agreement on new ownership structure, Barrick Gold announced that its Porgera mine in Papua New Guinea will resume operations this month with first gold to be poured in Q1 2024. “It’s been a long journey but in the process we have secured the buy-in of all the stakeholders and we look forward to steering the mine back to…
Read More
Western Australia-based GR Engineering Services said it has executed engineering, procurement and construction (EPC) contracts for a 1.2 million-tonnes-per-annum process plant at K92 Mining’s Kainantu gold mine in Papua New Guinea.
Read More