Tasmanian government aids tungsten mine

The Tasmanian government has issued a $7.5 million loan to Group 6 Metals for its struggling Dolphin tungsten mine on King Island, reported ABC News. This dovetails the government recently acquiring 12% of the company’s shares after Group 6 couldn’t repay a previous loan. A government spokesperson said the new loan was approved because the mine is “critical” for regional…

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Ulan expansion gets approval

Glencore Australia’s Ulan Coal Mine Complex – one of the country’s largest coal mines – has received approval to expand its underground operation, reported ABC News. The miner will be able to extract a further 18.8 million tonnes of coal at the New South Wales site.  Additionally, the determination extends the life span of the mine by a further two…

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Barminco to continue underground services at Agnew

Barminco, the underground mining subsidiary of Perenti, has signed a new contract to continue underground mining operations at Gold Fields’ Agnew gold mine near Leinster, Western Australia. The new contract, valued at A$500 million, is for three years with an optional one-year extension. Services include underground development, production and related mining services. “We are very pleased to be extending our…

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Chinese miner acquires Peak Rare Earths

Peak Rare Earths said that Chinese rare earths producer Shenghe Resources will acquire the Australian firm for A$150.5 million, in addition to the full amount raised under Peak’s proposed A$7.5 million entitlement offer. Under the deal, the state-owned miner’s unit Ganzhou Chenguang Rare Earths New Material will buy Peak for a minimum of A$0.359 per share in cash, if the…

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Catalyst Metals gold mine gets major upgrade

Thanks to RCT – Powered by Epiroc, Catalyst Metals has made the transformative move from analogue to digital operations at its Plutonic gold mine in North Meekatharra, Western Australia. The transition is not limited to new equipment but also includes comprehensive upgrades to existing machines, including Sandvik and Cat loaders with the implementation of RCT’s AutoNav package. The technology allows…

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Autonomous haulage trial set for Norton Gold Fields mines

Thiess has partnered with Norton Gold Fields and EACON Mining Technology to launch a tripartite partnership to deploy autonomous haulage systems through retrofit technology. The project will take place at Norton Gold Fields’ open-pit gold mines in Western Australia.  “By adopting EACON’s autonomous truck technology, we aim to address the shortage of skilled drivers, reduce our operating costs, and enhance…

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