Senior gold producer B2Gold has finalized its C$1.2 billion acquisition of Sabina Gold & Silver, which gives the company control of the Back River Gold District located in southwestern Nunavut, Canada. Consisting of five mineral claim blocks along an 80-kilometer belt, the district is home to the fully permitted, construction-ready Goose project. The project contains measured and indicated mineral resources…
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Chinese equipment producer XCMG Machinery has released three new mining machinery products: the XE690DK mining excavator, the XDR80TE-AT autonomous electric dump truck and XDE240 mining dump truck, a trio it said will better support global mining operations and infrastructure construction projects. The XE690DK mining excavator, one of XCMG’s best-selling models, has recently been launched in Indonesia. Equipped with an exceptional…
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Large Philippines mining operator Nickel Asia is reportedly eyeing the addition of two more producing mines in the coming three years, adding additional output to what is already the second-largest global nickel producing country. Full story.
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Patagonia Gold, owner of the Cap-Oeste operation in the Santa Cruz province of Argentina, said its gold room was the target of a robbery last week in which thieves took off with doré. Company officials said the incident occurred during the early morning of 17 April. About 500 ounces of gold equivalent (AuEq) were taken in doré, representing approximately one…
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Australian miner Bellevue Gold said mining has started at the Vanguard open pit at its namesake project in Western Australia with mining contractor NRW Holdings fully mobilised. Full story.
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Hummingbird Resources and its subsidiary Société des Mines de Komana have selected Epiroc to supply a number of underground equipment units for the newly developed Komana operation in southern Mali. The drill rig and loader order includes Boomer M2 face drilling rigs; Simba M6 production drilling rigs; and Scooptram ST18 loaders. The loaders will come equipped with Scooptram Automation, allowing…
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Hochschild Mining has terminated its option to earn-in a 60% interest in Skeena Resources’ Snip gold project in British Columbia, Canada. Full story.
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Kainantu Resources has agreed to terms for the acquisition of the remaining 90% interest in the May River project in Papua New Guinea from Hardrock Limited, giving the Asia-Pacific-focused miner full ownership and control. Full story.
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Sandvik has received a SEK 180 million (US$17.2 million) automated equipment order from top copper producer Codelco to outfit its fleet at the El Teniente mine in Chile. The order, booked in 1Q23, is to supply an AutoMine Fleet automation system and six autonomous loaders for the Recursos Norte operations at the El Teniente mine. The Toro LH514 loaders and…
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The U.S. Department of Energy (DOE) said it has earmarked $16 million for two projects in West Virginia and North Dakota for the development of a first-of-its-kind rare earth element and critical minerals extraction and separation refinery. Read the full story here.
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