Metso Outotec, which owns a foundry in Prerov, Czech Republic for the production of wear parts for mining customers, revealed it is considering the full or partial divestment of the asset – or a possible closure. The company cited increased energy and production costs for the move, which it confirmed on 22 November. No final decision has yet been made.…
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European Lithium forms new exploration firm
Australian miner European Lithium Ltd. has merged with Sizzle Acquisition Corp., a U.S. special purpose acquisition company, to launch Critical Metals Corp. – a lithium exploration and development company. As part of the deal, European Lithium will sell its ownership interest in three Austrian subsidiaries, which together hold the Wolfsberg Lithium Project and an interest in the non-core Weinebene and…
Read MorePowerscreen, German network prepping for bauma
Mobile crushing, screening and conveying equipment provider Powerscreen will attend bauma 2022 in Munich, Germany, 24-30 October at the Messe München trade fair centre. Alongside its German distributors Kölsch and Christophel, Powerscreen will be based out of Booth FN. 1024/1 at the outdoor area of the exhibition. Joe Cassidy, Powerscreen International sales director, said: “We are delighted to be participating…
Read MoreҪӧpler coming back to life
SSR Mining said it has received the needed regulatory approvals from government entities to restart operations at its Ҫӧpler mine in Turkey following improvement work at its heap leach pad. The Canadian-headquartered miner said the Turkish Ministry of the Environment issued the approval and reopened the mine 22 September for the first time since the end of the second quarter,…
Read MoreKutyn kicks in
Despite a number of obstacles, including supply chain disruptions and its remote location, Polymetal said the team at its Kutyn gold mine in Far East Russia have recorded first production, and did it six months ahead of schedule. Following a successful construction completion and commissioning, the Kutyn heap leach facility produced 6,000 ounces, putting it on the road to its…
Read MoreNorway prolongs life of last coal mine
Norway’s state-owned coal company has extended production at its last coal mine in the Arctic Svalbard archipelago by two years to help meet industrial demand, reported Reuters. The decision reverses a plan announced in September 2021 to close Mine 7 next year as Svalbard’s main settlement moves to a permanent renewable energy source. Store Norske Spitsbergen Kullkompani (SNSK) said it…
Read MoreSix killed in militant attack on mining convoy in Burkina Faso
Six people riding in a convoy from a Burkina Faso gold mine have reportedly been killed in a militant attack. According to a Reuters report, two others were also wounded while leaving in a convoy of five vehicles from the Boungou gold mine, owned by Canadian-based Endeavour Mining. The incident occurred 27 August; the convoy was on its way to…
Read MoreBoliden declares zinc force majeure
Miner Boliden has reportedly declared a force majeure on deliveries of its Zinc to Norway amid a strike there by workers in the electromechanical industry. The Swedish-based producer said, according to Reuters, that the strike is targeting a number of electromechanical plants, including its Odda zinc smelter along with Glencore’s nickel refinery in Kristiansand and aluminium output at Norsk Hydro…
Read MoreGoldplay appoints Osterman, Kilofliski
Portuguese-focused, Canadian-based Goldplay Mining has tapped Christopher Osterman as its chief executive officer effective August 4. Catalin Kilofliski, who has been appointed executive chairman, will continue to lead the company’s strategy while current board chair Deepak Malhotra has been appointed as lead independent director. Osterman is a 40-year veteran of all stages of mining in Africa, North and South America…
Read MorePensana breaks ground on RE processing hub
UK-based Pensana has broken ground at its Saltend rare earth processing hub in northern England, a key development in its plans to create the world’s first independent and sustainable rare earth supply chain. Following a 12-month construction period, the US$195 million plant is targeting production in late 2023, before ramping up to full capacity in 2024. Pensana said it aims…
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