South Africa’s National Union of Mineworkers (NUM) said it had agreed a wage deal with Sibanye Stillwater’s gold operations after months of negotiations, reported Reuters. The miner agreed to increase monthly pay for its lowest paid workers by 900 rand ($50.91), while miners, artisans and officials would get a 5.5% raise, NUM said. The one-year agreement is set to be…
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New official data from China is reportedly revealing that iron ore imports in the country have been up this year through October, and in that month alone jumped 4.48% year-over-year on rises in steel margins.
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Rio Tinto said it is partnering with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia.
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Equinox Gold said its Greenstone mine in Ontario, Canada, has reached commercial production based on the operating progress achieved through October. At full production, the mine will be one of Canada’s largest and highest-grade open-pit gold mines.
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BHP said that comments made by its chairman during its annual general meeting did not mean the company has ruled out a renewed offer for Anglo American, reported Reuters. Chairman Ken MacKenzie said that the company had “moved on” to focus on growth opportunities. However, company officials said that “these comments were not intended to be a statement to which…
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Rio Tinto completed the previously announced acquisition of Sumitomo Chemical Co.’s 20.64% interest in the joint venture New Zealand Aluminium Smelters (NZAS) on 1 November, making it the sole owner. NZAS owns and operates the Tiwai Point aluminium smelter, located on Tiwai Peninsula in Southland. Around 90% of the aluminium produced there is exported. “We are pleased the acquisition of…
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The International Mining and Resources Conference and Expo (IMARC) has wrapped up for 2024 in Australia, and has announced a return next year to Sydney. This year’s event clocked a record 9,000 delegates from 115 countries over its three days, which it filled with networking, learning and deal-making. IMARC Chief Operating Officer Anita Richards said the event is a cornerstone…
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Metso is launching CathodeSense+ for fast and accurate quality analysis for high-capacity throughput, ensuring reliable results for all cathode stripping machines. Developed for high-speed cathode stripping machines, Metso CathodeSense+ is a reliable free-standing system for the detection of nodules. Thanks to its advanced features, CathodeSense+ provides a full high-resolution 3D-scan, thus enabling higher cathode quality control. “The new CathodeSense+ is…
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Dräger has unveiled its OXY SR Cap III respiratory protective device engineered for emergency escape in the most extreme underground and confined space environments, which touts a 10-year service life and nearly zero maintenance. The waist-worn self-rescuer, operated independent of the ambient air, can be used in mining, tunneling, industrial facilities, railways, or subways. It has the capacity to deliver…
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JCB has marked a major manufacturing milestone with the production of its one millionth engine. Production started in 2004 at JCB Power Systems in Foston, Derbyshire, England, and expanded to JCB India in 2010 with the opening of a dedicated plant in Ballabgarh, Delhi. From three engines a day 20 years ago, JCB now produces around 500 a day, becoming a…
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