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…
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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 MoreKingsgate Consolidated said it has hit a significant milestone for the Chatree Gold Mine in central Thailand: 1,000 doré bars poured since operations restarted in March. “We are delighted to acknowledge this production milestone, and are pleased with Chatree’s gold and silver production to date, as we continue to ramp up both mining and processing operations,” said Managing Director and…
Read MoreIndonesia aims to start implementing levies in January to help compensate coal miners selling to the state utility Perusahaan Listrik Negara (PLN) at reduced prices, reported Reuters. The plan follows a coal supply crunch at local power plants that forced the country to temporarily halt exports in early 2022. “This will create fairness and a level playing field,” said Energy…
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Indonesia’s mining minister said Vale will sell a 14% stake in Vale Indonesia to bring the holding by foreign investors below the maximum limit, reported Reuters. The news agency said share divestment is a condition Indonesia requires to extend the operation permit for the nickel miner. The government requires oversea firms to divest 51% of their stake to local buyers…
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Metso has received orders for three Outotec Anode Casting Shops from undisclosed major copper producers in Japan and China. The total value of the orders is EUR 13 million. In each of the projects, Metso’s scope of delivery includes anode casting shops with engineering and state-of-the-art technology. One of the orders has been booked in the Minerals segment’s 2023 fourth…
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Photo: Monadelphous Engineering company Monadelphous has secured new construction and maintenance contracts and contract extensions with several miners and an energy company totalling A$170 million. Lynas Rare Earths awarded Monadelphous a construction contract for stage 1 of its Mt Weld expansion project near Laverton in the Goldfields region of Western Australia. The scope of the contract includes structural, mechanical and…
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Canadian producer Nickel 28 confirmed that its Ramu mine Basumuk HPAL plant in Papua New Guinea is back to full production levels following a 7 October earthquake. Full story.
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In another bid to control critical mineral supply, top graphite producer and exporter China said it will require export permits for some graphite products to protect national security, reported Reuters. It has already imposed similar restrictions on gallium and germanium since 1 August. Full story.
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EACON Mining Technology has won two new projects for its autonomous haulage solution, one at the Gobi Desert No. 2 coal mine in northwestern China and the other at the Huolinhe South coal mine in Inner Mongolia Province. Full story.
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