The Weir Group has confirmed it will supply its Warman slurry pumps and Cavex hydrocyclones to Teck’s Highland Valley Copper Mine Life Extension (MLE) project in Canada, including North America’s largest mill circuit pump. Full story.
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Silvercorp, Salazar win court battle
Silvercorp Metals and JV partner Salazar Resources said the Provincial Court of Bolivar, in the province of Ecuador where the El Domo project is located, dismissed an appeal against the project’s environmental license. This affirms the rights of its Ecuadorian subsidiary, Curimining, to continue construction of the copper-gold project. Additionally, the Canadian-based miner announced the repayment of US$13.25 million previously…
Read MoreSRG Global lands new contracts with WA miners
Services company SRG Global has secured multiple contracts with existing mining clients across Western Australia. The company has entered into a five-year term contract for maintenance services associated with the continuous enhancement of Bauxite Residue Disposal Area embankments as well as other civil services with South32 at the Worsley Alumina bauxite and alumina refinery operations in the southwest region of…
Read MoreNewmont offloads Musselwhite to Orla Mining
Newmont has agreed to sell its Musselwhite gold mine in Ontario, Canada, to Vancouver-based Orla Mining for up to US$850 million in total consideration. Full story.
Read MoreUK bans new coal mining licences
The UK government said legislation will be introduced to restrict licences for new coal mines as it embraces a clean energy future. Britain became the first major economy to stop burning coal for power in October, with the closure of the country’s last coal-fired power station at Ratcliffe on Soar, following 50 years of service. This means coal has gone…
Read MoreResolute Mining CEO held in Mali amid tax dispute
Photo: Resolute Mining Resolute Mining CEO Terry Holohan and two other colleagues are being held in Bamako, Mali, as the military-led government presses the Australian-based company to pay back taxes on its Syama gold mine, reported Business Insider Africa. The government insists that Resolute allegedly owes 100 billion CFA francs ($162 million) in taxes identified in a sector-wide audit, according…
Read MoreMineral Resources mothballs Bald Hill mine
Following a strategic review, Mineral Resources has decided to place its Bald Hill lithium mine in the Goldfields region of Western Australia on care and maintenance due to market conditions. “Placing Bald Hill on care and maintenance is a prudent decision but one not made lightly. The decision aligns with the work we have done across the company in recent…
Read MoreRio Tinto exec seeks faster permitting under Trump
A Rio Tinto executive said U.S. president-elect Donald Trump’s new administration should focus on speeding up the permitting process for its stalled Resolution copper mine in Arizona, reported Reuters. The mine could supply more than one-quarter of the country’s domestic copper needs. Full story.
Read MoreSouth African union, Sibanye Stillwater reach wage deal
South Africa’s National Union of Mineworkers (NUM) said it had agreed a wage deal with Sibanye Stillwater’s gold operations after months of negotiations, reported Reuters. The miner agreed to increase monthly pay for its lowest paid workers by 900 rand ($50.91), while miners, artisans and officials would get a 5.5% raise, NUM said. The one-year agreement is set to be…
Read MoreChina iron ore imports up: report
New official data from China is reportedly revealing that iron ore imports in the country have been up this year through October, and in that month alone jumped 4.48% year-over-year on rises in steel margins.
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