Canadian miners Hudbay Minerals and SSR Mining have temporarily suspended operations in Western Canada as an outbreak of fires spread across the region’s north. Read the full story here.
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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…
Read MoreHexagon 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…
Read MoreTasmanian 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…
Read MoreBHP 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…
Read MoreCentral 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…
Read MoreDepartment of Energy designates steelmaking coal ‘critical material’
In a push to strengthen U.S. energy and manufacturing security, the U.S. Energy Department confirmed the designation of metallurgical coal as a critical material under the Energy Act of 2020. Full story.
Read MoreWest Red Lake Gold to restart Madsen
West Red Lake Gold Mines said its board of directors has approved management’s recommendation to restart its flagship Madsen gold mine in Ontario immediately. Full story.
Read MoreSolidus closer to securing Spring Valley financing
Solidus Resources said it is the recipient of a Letter of Interest from the Export-Import Bank of the United States (EXIM) regarding the potential financing of up to $835 million for the Spring Valley gold project in Pershing County, Nev. Full story.
Read MoreFLSmidth 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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