Barrick Gold has agreed to roll out a global testing and implementation program for specialty chemicals company Draslovka’s proprietary glycine gold leaching product – GlyCat. The technology can potentially unlock substantive savings and generate value for Barrick’s operations while also improving its environmental footprint. Starting at the Bulyanhulu gold mine in Tanzania and several other Barrick operations, largescale test work…
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Canadian-based, global-focused gold miner Mandalay Resources has appointed Frazer Bourchier to lead the company as its new president and CEO, effective April 3. Bourchier, who will also be appointed to the Mandalay board, will work closely with current CEO Dominic Duffy to ensure a smooth transition. Outgoing Duffy will remain on the board as a non-executive director. Bourchier has 32…
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Beumer Group’s U.S. subsidiary Beumer Corporation has appointed Markus Schmidt to serve as its president and chief executive officer (CEO) with immediate effect. Schmidt, with 30 years of industry experience and 18 years of executive experience, brings with him expertise in intralogistics automation, market segment-oriented strategy, understanding of the unique challenges facing operations throughout North America and a dedication to…
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Unplanned downtime from equipment and engine maintenance at mines can be very costly. To create more value for customers, Komatsu and Cummins have partnered to deliver a new, integrated remote equipment-monitoring solution designed to reduce unplanned stoppages, accelerate maintenance execution, and extend component life and maintenance intervals. By sharing equipment health and performance data over common infrastructure, and collaborating on…
Read MoreAtlas Copco marked its 150th anniversary by recently ringing the opening bell at NASDAQ in New York City. Founded in Stockholm in 1873, the company has spent the last century and a half driving development and delivering breakthrough innovations to international customers in many different industries. Globally, Atlas Copco employs more than 49,000 people, comprises around 60 unique brands, and…
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Boart Longyear Group said its Geological Data Services division will now operate as a separate entity called Veracio. Veracio is ideally suited to combine science and digital technologies in a single, integrated platform and help mining companies get more value from their orebody data, faster, while mitigating the environmental impact of their decisions. The company will be led by newly…
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Freeport-McMoRan has achieved the Copper Mark at its PT-FI Grasberg operation in Indonesia, meaning that all 12 of its copper producing operations globally now have the distinction. Freeport’s two primary molybdenum sites, the Climax and Henderson operations, were awarded the Molybdenum Mark by the independent panel, which was formed as an assurance framework to promote responsible production practices for copper.…
Read MoreMetso Outotec has revealed in a filing that it is considering a company name change at its upcoming annual meeting. The company, which first said in July 2019 it would identify as Metso Outotec upon the close of Metso’s acquisition of Outotec the following year, said Feb. 17 that it is proposing changing its name to Metso Corporation. The proposal…
Read MoreMcLanahan Corp. has signed an agreement to acquire Diefenbach, an Italian manufacturer of filter presses and thickeners based out of Medolago, Italy. The two companies, which have been working together on projects since 2013, expect the acquisition to close during the second quarter of 2023. Diefenbach has been a leader in liquid-solid separation using filter presses since its founding in…
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In a move to combine two of the top senior gold producers, U.S.-based Newmont has submitted a non-binding proposal to acquire 100% of the issued share capital of Australian peer Newcrest Mining by way of a scheme of arrangement. If successful, it would be the largest mining takeover and the third-largest corporate buyout in Australian history, according to Refinitiv data.…
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