Marimaca Copper said Mitsubishi has made a C$20 million equity investment into the company by way of non-brokered private placement. Proceeds will be used to advance and accelerate the development of Marimaca’s flagship project in the Antofagasta region of northern Chile. “We are pleased that Mitsubishi shares our view that the Marimaca Copper project is a unique, very high quality,…
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Following its official introduction at bauma 2022 in Germany, Liebherr has opened to the market for purchase its R 9300 mining excavator. The latest addition to its excavator portfolio – the R 9300 Generation 8 (G8) –will take over from the R 9250 in the 250-tonne class. The R 9300 is the second Generation 8 excavator in Liebherr’s product range…
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A total of six workers were hospitalized for non-life-threatening injuries and asset damage is still being assessed at America’s largest producing coal mine, the North Antelope Rochelle (NARM) complex in Wyoming, after a tornado struck the property on June 23. Full story.
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Metso has optimized its existing rotary kiln technology and is launching RotarEkiln, an electrically powered, indirectly heated rotary kiln. The electric heating system of the RotarEkiln provides a sustainable alternative to the fuel-powered indirect rotary kilns available in the market. The RotarEkiln is comprised of modular heating sections, which offers superior temperature control over fuel-fired designs. It is fully customizable…
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Austin Engineering has received purchase orders for four haul truck trays from an undisclosed iron ore producer in India, potentially opening up a substantial new market opportunity for its Asia-Pacific business. Full story.
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The world’s biggest steelmaker China Baowu has signed separate memorandum of understandings (MoUs) with Rio Tinto and Fortescue to focus on reducing emissions associated with iron and steel making. Full story.
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Newmont is planning to undertake cost-cutting efforts in 2024, and as such has opted to defer its decision of a full funds investment in the expansion of its Yanacocha sulphides expansion in Peru for “at least” two years. Officially, the producer said it wants to “advance…[a] portfolio optimization strategy” that will prioritize other opportunities and support a disciplined capital allocation…
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Plans for commercial production in the third quarter are still in place for Argonaut Gold’s Magino mine in northern Ontario now that the operation – Argonaut’s first in Canada – has achieved its first gold pour. Full story.
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The U.S. Environmental Protection Agency said it fined Hecla Mining’s Greens Creek mine $143,124 for violating hazardous waste management and disposal requirements under the Resource Conservation and Recovery Act. Read more.
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Sandvik Mining and Rock Solutions is introducing AutoMine AutoLoad 2.0, a new AutoMine feature that enables fully automated production cycles for loaders operating in fixed drawpoint and dump point mining applications. The autonomous loading technology is seeking to increase loading cycle consistency while reducing equipment idle time and operating costs. It builds on the design of its predecessor AutoLoad Assist,…
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