Thiess said five new electric drive Liebherr T 264s are making an impression in Chile with their distinctive Thiess-blue trays, cementing its commitment to growing in the region. The trucks expand the mining contractor’s 240-tonne fleet range to deliver clients productivity and efficiency gains by allowing faster cycle times and higher load capacity. The T 264s have been deployed to…
Read MoreU.S. explorer Franklin Mining has signed a joint venture agreement with SOCRAM Energia to develop a lithium mine in northern Argentina. The deal, which was signed recently by CEO William Petty in South America, calls for the operation to be situated in the prolific Lithium Triangle region. The single mine will be developed in three stages: 1,458 hectares in stage…
Read More
Australia-based and globally focused South32 said 22 February that it has completed its 45% interest acquisition in the Sierra Gorda copper operation in northern Chile from Sumitomo. The final price tag was US$1.4 billion cash plus a contingent price-linked consideration component that will be up to $500 million. It will be due when copper production rated in 2022-2025 meet certain…
Read More
MMG announced that a blockade in the Ccapacmarca community of Peru, which has caused transport disruptions for its Las Bambas copper mine in the Chumbivilcas province, will be lifted for 45 days. During that time, the Peruvian government will follow-up requests including the territorial status of the public road, the process of the fourth amendment of the Las Bambas environmental…
Read More
The Federation of Industries of the State of Minas Gerais (Fiemg) in Brazil is reportedly claiming that mining operators in the region are running out of time to remove tailings dams using upstream designs and could miss the deadline entirely. The group told Reuters it is seeking the removals because of the trend of past collapses of the dams, including…
Read MoreThe Colombian Mining Association (ACM) has reportedly verified a year-on-year rise in mining production and exports during the 2021 calendar year and are projecting a 10% increase in mineral output over this year as well. The ACM recently told Reuters that coal production last year totaled 59.6 million tonnes, an increase from 49.3 Mt in 2020. Its data, which consulted…
Read More
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
Cerro de Pasco, owner of the Santander mine in Peru, has confirmed the death of one of its workers during underground preparation and development activities at the polymetallic site. The company said it was informed of the incident by its mining contractor; it specifically occurred at the South zone of the Magistral mine on 31 January. All mining activities were…
Read More
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 MoreBHP said its Spence copper mine in northern Chile inaugurated its first autonomous drill – a milestone that marks the start of implementing different autonomy projects that seek to contribute to safer, more competitive and sustainable operations. The miner deployed a Epiroc Pit Viper 351 drill rig, operated remotely from the Spence Control Room located about 2 kilometers from the…
Read More