Schlam releases Hercules EXO dump body

Australian equipment producer Schlam has launched its newest product targeting increased payload as well as a longer service life, the Hercules EXO dump body. The 240-tonne class, iron ore-specific body comes in 20% lighter in weight than its previous Hercules release, along with a complete redesign. That reduced weight offers a greater payload potential, and the material selection made for…

Read More

Newmont acquires Yanacocha interest

Newmont has confirmed it has inked a deal with Peruvian precious miner Compañia de Minas Buenaventura to acquire its 43.65% interest in the Minera Yanacocha gold mine in Peru. The $300 million transaction, which also includes contingent payments of up to $100 million hinging upon market pricing, will also allow Newmont to transfer its ownership interest in the La Zanja…

Read More

Gazprom inks deal to advance Russian lithium project

Russian energy giant Gazprom said it has signed an agreement with the Russian government to cooperate on the production and processing of formation brines (saline groundwaters) at its Kovyktinskoye gas field in order to obtain lithium compounds and other valuable components. The parties agreed to work together in R&D activities aimed at creating domestic technologies, equipment and materials required to…

Read More

First Greek mine adds Immersive simulation training

Eldorado Gold’s Hellas Gold arm has deployed Immersive Technologies’ simulation-based training at its Olympias gold-silver-lead-zinc mine in northern Greece, the first operation in the county to do so. Olympias, located in the Halkidiki Peninsula, has been undertaking a modernisation project; the addition of the trainers was part of its strategy to improve production rates and efficiency over the last calendar…

Read More

Fortuna reports fatality at Lindero

A worker has died following a conveyor stacker-related incident at Fortuna Silver’s Lindero operation in Salta, Argentina, the miner confirmed on 28 January. The company did not identify the miner, who was killed on 27 January, and also did not release additional details of the incident – noting only that Fortuna is working with local authorities to determine the cause.…

Read More