Gold miner Newmont has opted to put an investment decision on hold for its Yanacocha sulphides project in Peru, part of its planned expansion of the mine to extend its lifespan beyond 2040. The company said it will now make its full-funds decision on the project during the second half of 2024, citing the market as well as “the continued…
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Metso Outotec has introduced the next generation of its agitated OKTOP CIL Reactor for gold cyanide leaching and recovery.
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After more than 100 days, more than 630 union workers at the Glencore Raglan operation in Quebec, the province’s largest nickel mine, are headed back to work with a new contract. Read full article.
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Australian miner Nickel Industries said that based on an updated JORC-compliant mineral resource, its Hengjaya mine in Indonesia is “amongst the top 10 global nickel resources.” Read full article.
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Omnia Group member company BME has achieved its first blast outside of South Africa with its new AXXIS Silver electronic initiation system. BME only identified the client as a diamond miner, and the impetus for the project was to allow conducting of quality blasts in all weather. BME AXXIS support manager Hennie du Preez said the company has been active…
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Canadian miner Rio2 said its subsidiary Fenix Gold Limitada has filed an administrative appeal to a July decision to not approve the environmental impact assessment (EIA) for its Fenix Gold project in Chile. On review of the environmental qualification resolution (RCA), Rio2 said it “has identified numerous discrepancies with factual and procedural matters … [that] provide grounds for a strong…
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Komatsu’s HD1500-8E0 rigid frame off-highway haul truck has been purpose-built for mining, quarry and aggregate applications, with productivity performance, maneuverability technology and safety combined into one machine. Delivering performance with a 1,580 gross horsepower (1180 kW), Tier 4 final Komatsu SDA16V159E-3 engine, the HD1500-8E0 helps drive high levels of productivity. The redesigned cab, combined with a MacPherson strut-type and hydropneumatic…
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In just one month, The ASIA Miner and North American Mining magazine, both part of the SEMCO Publishing line of titles, will host Weir Minerals Australia for a free educational webinar, “Mud Management with the Miltiflo Mudflo Pump.” The webinar, which should run for approximately one hour, will be held live on Thursday, October 13th at 9am (AEDT)/Wednesday, October 12th…
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One week after coming to an agreement in principle, Rio Tinto has entered a binding agreement to acquire full ownership of Turquoise Hill Resources – picking up the 49% remaining stake it does not already own – in a deal worth C$43 per share cash, or about $3.3 billion. Read full article.
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Norway’s state-owned coal company has extended production at its last coal mine in the Arctic Svalbard archipelago by two years to help meet industrial demand, reported Reuters. The decision reverses a plan announced in September 2021 to close Mine 7 next year as Svalbard’s main settlement moves to a permanent renewable energy source. Store Norske Spitsbergen Kullkompani (SNSK) said it…
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