Australian mining services provider Perenti said that following a significant search and rescue operation, two missing workers were found dead after falling down a stope at MMG’s underground zinc mine in Queensland. Full story.
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Sandvik is launching xCell Cyclops, a convergence system for ground support in underground mining that provides wireless, continuous, remote and real-time measurement of ground movements. It features built-in notifications and alarms to support a safer and more sustainable work environment. Underground mining is generally trending deeper, which leads to more difficult and complex ground conditions for mine operators to manage. Squeezing ground and…
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Canadian gold producer B2Gold has entered into a definitive agreement to acquire all of the issued and outstanding shares of Sabina Gold & Silver for C$1.1 billion. Read full story here.
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Japanese petroleum company Idemitsu Kosan has agreed to sell its 85% stake in the Ensham coal mine in Queensland, Australia to Sungela, a Thungela Resources subsidiary, for A$340 million, reported Reuters. Full article.
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Private investment company Menar and its subsidiary Canyon Coal are making inroads for the development of a new coal operation in Hendrina, Mpumalanga province – a mine that could commence operations as soon as the second half of this year.
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Orica has announced the release of its latest OREPro 3D Predict modeling software that predicts blast movement in near real-time and optimises grade control value. Over 30 years of Research and Development (R&D) coupled with significant cloud-based computing power have led to the creation of OREPro 3D Predict software, a near real-time blast movement simulator and grade control polygon optimizer…
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In a move to combine two of the top senior gold producers, U.S.-based Newmont has submitted a non-binding proposal to acquire 100% of the issued share capital of Australian peer Newcrest Mining by way of a scheme of arrangement. If successful, it would be the largest mining takeover and the third-largest corporate buyout in Australian history, according to Refinitiv data.…
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Salt Lake City-based private rare earth developer U.S. Critical Materials has revealed it has discovered a billion-dollar “game-changer” for the industry in Montana: the highest-grade REE deposit in the United States. Full story.
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Metso Outotec has announced an expansion to its filter assembly plant in Suzhou, China, citing a rise in global market demand. Full story.
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Papua New Guinea-focused miner Ok Tedi (OTML) has graduated its newest classes from its graduate development scheme (GDS) and preferred area development (PAD) programs. Full story.
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