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…
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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…
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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 MoreEight 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…
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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…
Read MoreAfter confirming 23 February that its assets in Russia were unaffected by new U.S sanctions and were operational, the Canadian-based senior miner said 2 March it was in the process of idling its portfolio in the region. Kinross executives said the company is “deeply concerned” about destruction and loss of life in Ukraine and offered support to those suffering in…
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Metso Outotec said it has temporarily ceased its deliveries to Russia due to the evolving sanctions against the country by the European Union, United States and other countries. The sanctions are a result of Russia’s military actions against Ukraine. “While the mining industry is currently not directly targeted by the sanctions, sanctions against the banking sector and individuals as well…
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Doosan Infracore Europe has unveiled its newest machine for the European industry that pairs best-in-class performance with lower fuel consumption and higher productivity: the DX1000LC-7 crawler excavator. The 100-tonne model is the company’s largest-ever, with the most powerful engine in the 100-t class: the new stage V version of the well-proven Perkins 2806J diesel engine, providing a high power output…
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Kinross Gold confirmed that, as of 23 February, its operations in Russia continue to operate according to plan and are at this point unaffected by new sanctions announced by the U.S this week. The senior gold producer, which has operated mines in the region for more than 25 years, said it has “previously managed through similar situations” in the past…
Read MorePolish Prime Minister Mateusz Morawiecki and his Czech counterpart Petr Fiala have signed an agreement to settle a legal dispute over the Turow open-pit coal mine that lies on the Polish side of the border.
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