Sandvik has confirmed its retainment to supply a fleet of 19 battery-electric vehicles for use at Rana Gruber’s iron ore operations in Storforshei, northern Norway, in a deal worth a record SEK 370 million (US$35.1 million). The order, which will begin to be delivered during the current quarter and continue through 2024, includes trucks, loaders, drills, on-site service support and…
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Fortescue Metals Group, through majority-owned joint venture Ivindo Iron, has signed a mining convention with the Gabonese government to start mining ore at the Belinga project in the second half of 2023. The convention governs all the legal, fiscal and regulatory regimes for the 4,500-square-kilometres project in northeast Gabon, including early development for production of up to 2 million tonnes…
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Volvo Construction Equipment (Volvo CE) has earmarked about US$6.3 million for its expansion plans for its Arvika factory in Sweden that will allow for phased production and further its missions for both electric manufacturing and reducing carbon emissions. The facility, which produces medium- and large-wheel loaders, has already successfully reduced its carbon emissions. The company has an ultimate goal of…
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Africa-focused GoviEx Uranium has entered into a deal to sell its Malian subsidiary Delta Exploration Mali SARL to African Energy Metals for C$5.5 million. Delta holds three contiguous exploration licences (Falea, Bala and Madini) known collectively as the Falea project. Under the terms of the agreement, African Energy Metals will also grant GoviEx a 3% net smelter royalty on the…
Read MoreSwedish state-owned miner LKAB has identified more than 1 million tonnes of rare earth oxides in the Kiruna area in the northern part of the country – the largest known such deposit in Europe, reported Reuters. “This is good news, not only for LKAB, the region and the Swedish people, but also for Europe and the climate,” LKAB CEO Jan…
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Engineering group Fluor has been selected by Eldorado Gold subsidiary Hellas Single Gold Member for an engineering, procurement and construction management (EPCM) contract at the Skouries gold-copper operation in the Halkidiki Peninsula, Greece. Fluor’s scope of work includes infrastructure, non-process facilities, process area and tailings filtration. The contract, booked in the firm’s fourth quarter, is worth US$845 million. Fluor’s Vancouver…
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Euromines has welcomed five new members after their official approvals by the groups Extraordinary General Assembly. The additions include two international mining companies, Anglo American and Rio Tinto; two exploration companies, Kingsrose Mining and Savannah Resources; and the French national association A3M, which focuses on the extraction, production, processing and recycling of industrial metals and minerals. “These members will bring…
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Officials with Tietto Minerals are eyeing a first gold pour in a matter of days after announcing on 3 January that wet commissioning had commenced at its Abujar gold project in Côte d’Ivoire, West Africa. The company said the 4.5 million t/y CIL processing system at the 3.45-million-ounce operation is fully operational, with wet commissioning returning up 10,000 t/d low-grade…
Read MoreSerbian Prime Minister Ana Brnabic said she does not see a chance of reviving Rio Tinto’s $2.4 billion lithium-borates project after licences were revoked in January following massive protests sparked by environmental concerns, reported Reuters. “I don’t see any possibility to revive the Jadar project,” Brnabic was quoted by the Nova S news portal. She went on to note that…
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Officials in the UK have given approval to the first coal operation in the region in three decades, with plans for the project owned by West Cumbria Mining to become the world’s first net-zero mine supplying met coal to the steel industry. WCM said recently that it received a decision from the Secretary of State on 7 December approving the…
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