The Institute of Makers of Explosives (IME) announced the availability of a new safety library publication (SLP) for use by the commercial explosives industry. The new publication, SLP-33: Guide to Explosives & Blasting Agents, addresses safety in the manufacturing of explosives and blasting agents, and addresses elements of process safety management that are directly relevant to explosives manufacturing, storage and use.…
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China’s Xuzhou Construction Machinery Group (XCMG) entered an agreement with Rio Tinto’s Simfer to supply equipment for its Simandou iron ore project in Guinea, according to a Reuters report. XCMG, headquartered in Xuzhou city, will provide core mining equipment with a total value of about 800 million yuan, or US$111.91 million. The fleet includes dozens of 230-metric ton mining trucks,…
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Metso has denied recent reports of a merger between it and the mining business of Sandvik, releasing a statement confirming its position on August 19. The initial report alleging a tie-in between it and the Swedish equipment producer came from Swedish news outlet Dagens Industri. “Market rumors have been made public regarding Metso and Swedish Sandvik’s mining business. Metso has…
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Metso has signed a comprehensive frame agreement for key process equipment deliveries to Reko Diq Mining’s greenfield copper-gold project in the province of Balochistan in Pakistan. The gross value of the various orders is EUR 200 million (US$219 million). “Reko Diq will substantially expand Barrick’s strategically significant copper and gold portfolios and benefit all its Pakistani stakeholders for generations to…
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ICMM has updated its “Indigenous Peoples and Mining Position Statement” after extensive engagement with Indigenous Peoples’ representatives, human rights and legal experts, and input from members. “The updated Indigenous Peoples and Mining Position Statement brings significantly more rigor to the expectations of ICMM member companies in how we, the mining industry, engage, understand and respect the rights of Indigenous Peoples,”…
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ABB and Komatsu have signed a Strategic Collaboration Agreement to collaborate on the development of integrated solutions that will help bring net-zero emissions for heavy industrial machinery a step closer to reality. The collaboration brings two global leaders together to share industry expertise and products in a bid to create world-class solutions, ranging from renewable energy generation to fully electrified…
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South African-based Gold Fields has agreed to acquire Canadian miner Osisko Mining for C$2.16 billion ($1.57 billion), reported Reuters. The cash deal will help Gold Fields expand its presence in the Americas region, where it already has mines in Chile and Peru. Gold Fields said Osisko’s projects in Quebec would also help it “firmly solidify” its footprint in one of…
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Glencore said it will not spin off its coal business after securing backing from the majority of its investors, according to Reuters. The miner had been debating on whether to keep the coal assets or spin them off after it purchased the majority of Teck Resources’ steelmaking coal business last month. Retaining the coal assets “offers the lowest risk pathway…
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ICMM has released a report that benchmarks the 2023 safety performance of its members. Tragically, 36 people from company members lost their lives last year – an increase from 33 in 2022. “There is no higher priority for ICMM members than keeping people safe and healthy at work, and this report is a stark reminder of the work ahead of…
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American Industrial Partners (AIP) has acquired the sulfuric acid regeneration business of Veolia North America, including its sulfuric acid and potassium hydroxide regeneration, sulfur gas recovery, and sulfur-based products production businesses.
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