Rio Tinto, PKKP sign landmark agreement

Rio Tinto and the Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation have signed a co-management agreement for the iron ore operations on PKKP Country. It formalises how the miner and Traditional Owners engage on proposals affecting heritage and social surroundings throughout the mine lifecycle. “The destruction of the Juukan Gorge rock shelters on the 24th of May 2020 brought…

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Hexagon acquires Drill Assist 

Hexagon’s Mining division is taking an exciting step forward in AI-based drill automation with the purchase of Drill Assist from Arizona-based Phoenix Drill Control LLC. The Drill Assist technology developed by Phoenix Drill Control uses artificial intelligence to continually optimize the drilling process, resulting in improved penetration rates, greater machine availability and reliable downhole data. Hexagon EVP, Mining, Dave Goddard…

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Tasmanian government aids tungsten mine

The Tasmanian government has issued a $7.5 million loan to Group 6 Metals for its struggling Dolphin tungsten mine on King Island, reported ABC News. This dovetails the government recently acquiring 12% of the company’s shares after Group 6 couldn’t repay a previous loan. A government spokesperson said the new loan was approved because the mine is “critical” for regional…

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BHP to open Industry AI Hub in Singapore

With the support of Enterprise Singapore, and in partnership with AI Singapore, BHP said it will open its first Industry AI Hub later this month in Singapore to accelerate digital transformation and AI adoption in the mining and resources sector. The hub will support the growth of BHP’s digital capabilities in Singapore and the region, with plans for a number…

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Central Asia Metals to acquire New World Resources

London-based Central Asia Metals has entered into a definitive Scheme Implementation Deed (SID) with New World Resources to acquire the Australia-based, North American-focused company for A$185 million. The acquisition will add the Antler copper project in Arizona (USA) to Central Asia Metals’ portfolio. “The addition of this high-grade copper project in a tier-one jurisdiction will significantly strengthen our portfolio. We…

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FLSmidth to deliver floatation solutions for Indian miner

An unnamed Indian miner and steelmaker has selected FLSmidth to supply a full flotation technology package for what is set to become one of the world’s largest, most efficient and sustainable iron ore beneficiation plants.  The OEM said the plant will be fed with domestic, low-grade iron ore where the FLSmidth flotation system will upgrade it to a final product…

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