After 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 halts Russian deliveries
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…
Read MoreDoosan releases excavator to European industry
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…
Read MoreMines unaffected by sanctions: Kinross
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 MoreCzech Republic, Poland end Turow mine dispute
Polish 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.
Read MoreGazprom inks deal to advance Russian lithium project
Russian energy giant Gazprom said it has signed an agreement with the Russian government to cooperate on the production and processing of formation brines (saline groundwaters) at its Kovyktinskoye gas field in order to obtain lithium compounds and other valuable components. The parties agreed to work together in R&D activities aimed at creating domestic technologies, equipment and materials required to…
Read MoreABB, Atalaya link up for LTSA
ABB confirmed it has signed a long-term service agreement (LTSA) with Atalaya Mining’s SAG mill availability and performance optimization project at Project Riotinto in Andalucia, southwest Spain. The company has combined its gearless mill drive (GMD) with ongoing lifecycle management support and a digital condition monitoring solution under the newly inked deal. Project Riotinto, which produces copper concentrates and silver…
Read MoreFirst Greek mine adds Immersive simulation training
Eldorado Gold’s Hellas Gold arm has deployed Immersive Technologies’ simulation-based training at its Olympias gold-silver-lead-zinc mine in northern Greece, the first operation in the county to do so. Olympias, located in the Halkidiki Peninsula, has been undertaking a modernisation project; the addition of the trainers was part of its strategy to improve production rates and efficiency over the last calendar…
Read MoreVoith now sole owner of ELIN Motoren
Voith Group, which has held 70% of EILN Motoren since May 2020, has now acquired the remaining stake in the German company, as it advances its expansion of its core business into sustainable technologies. The balance of the interest had been held by managing director Franz Hrachowitz. With the new agreement in place, electric motor and generator maker ELIN Motoren…
Read MoreVale’s Minas Gerais ops partially reopen after Brazil rains
After halting some of its mines in Brazil on a deluge of rainfall in the country that lead to potential hazards and logistics issues, Vale has confirmed the partial and gradual restart of work in Minas Gerais. The miner said 17 January that it has re-established safety conditions, and thus resumed the Southeastern System, the trains transit on the Estrada…
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