Underground mining supplier Paus has signed a memorandum of understanding (MOU) with Australian equipment maker Elquip that will benefit both mining and tunneling. Paus confirmed that, under the new agreement, the two will mutually evaluate and prepare a dealership for the Australian market. It will encompass specializes mobile equipment as well as service and parts. No timeline was provided for…
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Six included in second BHP Xplor cohort
BHP, after evaluating a pool of more than 500 applicants, has selected six companies for the second cohort of its Xplor accelerator program for critical resources exploration. Each company selected will receive a grant of up to US$500,000 and will gain access to a network of internal and external experts to fast-track growth as well as exploration concepts. The goal…
Read MoreBarrick extends partnership, strengthens ties with Sandvik
A long-term global fleet agreement between Barrick Gold and Sandvik Mining and Rock Solutions has been extended in a deal the pair say will improve safety, productivity and sustainability. The fleet alliance will be guided by operational and relationship KPIs, Sandvik noted, and includes Barrick’s rollout of Sandvik’s Remote Monitoring Service (RMS) to its entire global underground fleet of more…
Read MorePerenti scores millions in Oz, Africa deal extensions
Contractor Perenti has secured extensions for a trio of contracts in Australia, Ghana and Burkina Faso worth a total of A$420 million. The contract extensions include a 12-month, $125 million contract extension to continue underground development and production works at the Gold Fields Agnew underground gold mine as well as a 12-month, $180 million contract extension at the AngloGold Ashanti’s…
Read MoreBHP, Anglo, others team up on cybersecurity mission
BHP, together with Anglo American, Antofagasta Minerals, Codelco and Collahuasi, have launched the Mining Security Corporation, to promote a culture of cybersecurity in mining operations. According to the group, cyberattacks will cost companies about US$10.5 billion by next year, and more than more than 4 billion cyberattacks took place in Chile during the first half of 2023, positioning it as…
Read MoreBarrick testing the waters for a First Quantum takeover
Barrick Gold CEO Mark Bristow has spoken with some of First Quantum Minerals’ major investors to gauge their support for a potential takeover as the gold giant seeks to become a major copper producer, reported Bloomberg. Canadian-based First Quantum has been left vulnerable after Panama ordered the closure of its new Cobre Panama mine last month, wiping out more than…
Read MoreSandvik acquires pro-micron
Sandvik, on a path to grow strategically into key high-growth industry segments, said December 28 it has inked a deal to acquire German-based sensorized tool and automation software supplier pro-micron GmbH. “Sensorized tools is a high-growth market, with strong underlying drivers such as the accelerated shift to automated production, increasing demand of production data from our customers and closed loop…
Read MoreSafety alert issued for Ocenco M20.3
The U.S. Mine Safety and Health Administration requested in late December that any mines using Ocenco M20.3 SCSRs visually inspect every unit due to a known issue. This is in addition to its outline that the units must be worn in the approved black case and visually inspected at the beginning of each work shift. During mandated approval audits, the…
Read MoreAtlas Copco completes Sykes acquisition
Atlas Copco, which announced in August that it would acquire dewatering pump manufacturer Sykes Group, confirmed on December 5 that the transaction has closed. The company bought Australian-headquartered Sykes from Seven Group Holdings. Sykes serves the mining and wastewater segments with a wide range of surface dewatering pumps, together with chopper and cutter technologies for wastewater applications. It also has…
Read MoreFully autonomous road trains closer to reality
Mineral Resources (MinRes) said it recently handed over the keys to the first custom off-road triple road train to partner Hexagon AB – a milestone in the development of a fleet of fully autonomous road trains. Hexagon will use technology developed by its engineering team to convert the customised Kenworth C509 prime mover to autonomous operation. Starting in January, 10…
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