Zijin Mining has received local government approval for the second phase expansion of its Julong copper mine in Tibet, reported Reuters. The expansion will raise the total capacity of the mine to around 350,000 metric tons of copper per day, and will require an investment of around 17.5 billion yuan (US$2.43 billion). “After the Julong Phase 2 Project is completed…
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Hexagon has partnered with Rio Tinto to deploy more than 200 of its Collision Avoidance Systems (CAS) at the Oyu Tolgoi mine in Mongolia – the first deployment of its kind in the Asian country. “The integrity of Hexagon’s product development is why we chose to build a partnership,” said Khorolsuren Ganzorig, superintendent, Mine Support, Oyu Tolgoi. “Since deploying CAS…
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The New South Wales Minerals Council reported that its latest member Expenditure Survey revealed 28 member mining companies supported record levels of mining jobs and direct spending in NSW. According to the survey, in the last financial year, participating mining companies supported over 31,500 full-time equivalent jobs, an increase of more than 600 on the previous year. It is the…
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FLSmidth said it has received an order to supply comminution technologies to upgrade an undisclosed customer’s copper concentrator at a mine in the Asia Pacific. The order, valued at DKK 300 million (US$43.3 million), includes the delivery of two High Pressure Grinding Rolls Pro, which FLSmidth described as being “among the most energy-efficient comminution technologies available.” The order also includes…
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Bougainville Copper has confirmed that the Bougainville government awarded a five-year extension of the company’s exploration licence for the Panguna copper project in Central Bougainville, an autonomous region of Papua New Guinea. The extension clears the way for the miner to increase its activities in the Panguna project area in accordance with the Bougainville Mining Act of 2015. “Panguna promises…
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State-run Korea Mine Rehabilitation and Mineral Resources (KOMIR) is seeking 1 trillion won (US$747.1 million) from the government of Panama over expected losses from the shutdown of the Cobre Panama copper mine, reported The Korea Economic Daily. KOMIR had acquired a 10% stake in Minera Panama, a subsidiary of First Quantum Minerals, in 2009. Minera Panama is the operator of…
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The New South Wales Resources Regulator has prohibited Wollongong Resources’ Russell Vale Colliery to mine coal due to ongoing safety concerns, reported ABC News. The Mining and Energy Union told the news service that there have been at least five significant frictional ignition events at the underground mine in the past eight months. “The prohibition notice will remain in place…
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Canadian-based, Papua New Guinea-focused K92 Mining has appointed David Medilek as its president and chief operating officer. Medilek joined K92 in 2019 and was most recently president. Prior to that he was the company’s vice president of business development and investor relations. His career has also included positions with Macquarie Group, Cormark Securities and Barrick Gold. K92 has also selected…
Read MoreThe Indonesian government said there was a strong indication of a standard procedure violation and negligence in the implementation of safety requirements that allegedly led to a deadly fire at a nickel smelter in December, reported Reuters. The fire broke out on 24 December at a smelter furnace operated by Tsingshan Stainless Steel Indonesia, a unit of China’s Tsingshan Holding…
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Global metals miner Zijin confirmed it produced more than one million tonnes of mined copper 2023, and now has the distinction of being the first Chinese miner to do so. In total, the company said its production was 1.01Mt, or 54% of the total output of China, 1.87Mt, in 2022. In addition to copper, Zijin also said it had a…
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