Peabody Energy announced last week that the longwall panel at its Centurion hard coking coal operation in Queensland’s Bowen Basin has commenced operation about two months ahead of its initial target date.
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Rio Tinto has walked away from merger talks with Glencore, as the two miners couldn’t strike a deal that delivered sufficient value to shareholders, reported Reuters.
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Canadian miner Eldorado Gold confirmed on February 2 that it has reached an agreement to acquire Foran Mining, in a deal that the two said will create strong copper growth in the near-term as well as significant cash flow generation, long‑life assets, and a diversified portfolio.
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Silver producer Hecla Mining has agreed to sell its subsidiary, Hecla Quebec, to Orezone Gold for up to $593 million in total consideration. Through the transaction, Orezone will acquire the operating Casa Berardi gold mine and a portfolio of exploration properties in Quebec. Full story.
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Nearly 200 workers in West Virginia have been issued a layoff notice as Alliance Resource Partners confirmed late last week that its Mettiki Mountain View operation in Tucker County will close its doors. Full story.
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India-based producer Hindustan Zinc has awarded contracts to CIMIC Group companies Sedgman and Leighton Asia for the development of India’s first zinc tailings recycling facility at its flagship Rampura Agucha Mines (RAM) in Rajasthan. The Rampura Agucha facility will feature advanced processing techniques to recover metals like zinc and silver from previously processed tailings, transforming legacy waste…
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In a move it said is proactive for its mission to further enhance safety in surface mining operations, Glencore has trialled a remote shutdown system from RCT at its McArthur River Mine (MRM) on a grader and bulldozer and at the site. The supplier, which confirmed the news, said the operator has committed to installing the system on an additional…
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Global miners Rio Tinto and BHP have inked a collaboration that will have them working in tandem to extract up to 200 million tonnes of iron ore at their neighbouring Yandicoogina and Yandi iron ore operations in the Pilbara region of Australia. Under two non-binding Memoranda of Understanding (MOUs), the companies will explore the potential for a collaboration on the…
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Rio Tinto announced a two-year agreement with Amazon Web Services (AWS) that will see AWS become Nuton Technology’s first customer following an industrial-scale deployment of the bioleaching technology at Gunnison Copper’s Johnson Camp mine last month. Full story.
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Japan kicked off a month-long mission to test mining of rare-earth-rich mud from the deep seabed near Minamitori Island, about 1,900 kilometres southeast of Tokyo. The government-backed project is the country’s first endeavour to domestically source rare earths and comes as China begins restricting rare-earth exports to Japan more broadly.
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