Iron ore producer LKAB and Austrian-based Identec Solutions recently marked a decade of working together in partnership with its safety assistance system, Crew Companion, that has enabled LKAB to monitor its underground workforces at three mines in North Sweden constantly and in real-time. Since the start of mining operations in 1890, LKAB has mined more than two billion tonnes in…
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McLanahan acquires CMB International Limited in U.K.
McLanahan Corp. has completed the acquisition of CMB International Limited, a manufacturer of crushers, horizontal screens, inclined screens, feeders and conveyors based out of Leicestershire, United Kingdom. CMB International was founded in 1996 by Martin Brough and Julie Smith, who brought on Chris Hall as a partner a few years later. For more than 25 years, the company has focused…
Read MoreKinross completes divestment of Russian assets
Canadian-based miner Kinross Gold Corp. has completed the sale of its Russian assets to the Highland Gold Mining group of companies for US$340 million in cash. The previously agreed total for the Kupol mine and surrounding exploration licenses, plus the Udinsk project was $680 million. However, Kinross said the price was adjusted by the companies following a review by the…
Read MoreFour found dead, four workers remain missing at Trevali’s Perkoa
A continued search for mine workers at Trevali Mining’s Perkoa nickel mine in Burkina Faso following a flooding event on 16 April has brought unfortunate news: the bodies of four miners have been recovered from the operation while the remaining four being sought remain missing. In an update on 25 May, Trevali officials said search crews are continuing their efforts…
Read MoreDundee ops unaffected by Russian suspension of nat gas
International gold miner Dundee Precious Metals has confirmed that it has a secure power supply to its Bulgarian operations despite Russia’s suspension of natural gas deliveries to the country. Officials for the Canadian-headquartered company said that operations at its Chelopech and Ada Tepe mines have been unaffected by the stoppage, and it also does not anticipate any impact on its…
Read MoreFour killed in Poland mine methane explosion
Coal miner JSW has confirmed the death of four workers, one of them a rescue team member, at the Pniówek mine in Poland following a methane explosion during the early hours of 20 April local time. The incident occurred just after midnight at the underground operation in the southern region of the country, when 42 workers were at a depth…
Read MoreKinross selling Russian assets to Highland Gold
After first announcing the formation of a divestment plan late last month, Canadian miner Kinross Gold has entered a definitive agreement to sell off its Russian assets to Highland Gold Mining for US$680 million in cash. The assets include the actively operating Kupol mine; exploration assets including the Chulbatkan project; and other related infrastructure. Specifically, Kinross said, it will receive…
Read MoreOrvana’s Oroville mine restarts after strike suspended
After nearly three weeks on pause, Orvana Minerals’ Oroville copper-gold mine in northern Spain has restarted operations and production after a strike by truckers’ unions was suspended on 2 April. The strike, which had been in place since 14 March, was over rising fuel prices and working conditions. Orvana said supply chains are being progressively reactivated and it has received…
Read MoreSerbia coal mine shaft collapse kills 8
Eight people have died and another 18 have suffered injuries after a shaft collapse at the Soko coal operation in central Serbia. According to reports by the Associated Press and Al Jazeera, the collapse trapped the miners and also released methane into the operation’s workings, suffocating those that perished. The incident occurred around 4:00 a.m. local time 1 April at…
Read MoreKinross to divest Russian assets
Canadian-based Kinross Gold confirmed 29 March it is developing a transition plan with an unidentified third-party miner to sell off its entire portfolio of assets in Russia. Officials said the company has received a number of unsolicited proposals involving the business and is now in exclusive talks for a potential sale. “As part of the exclusivity agreement and to properly…
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