Immersive Technologies has implemented a Komatsu HD785-7 Simulator training program with earthmoving company EPSA in Saudi Arabia, which the two said will focus to enhance operational readiness and support EPSA’s strategy to train a growing Saudi Arabian workforce. The simulator, not the first partnership for the companies, was placed at a phosphate project in the country. The two said one…
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Saudi Arabia may create a new metals and mining stock exchange index as it looks to shift focus from oil toward the country’s untapped minerals, reported Reuters. Mining Minister Bandar bin Ibrahim al-Khorayef told the news agency that his team met with Australian counterparts to learn more about a mining index. Australia’s ASX 300 Metals & Mining sub-index (.AXMM) lists…
Read MoreAn Arabic news outlet is reporting that Saudi Arabian regulators have enacted strong guidelines for mining in the country, including imprisonment of up to two years for those who break the laws. A Zawya report said on 17 October, citing daily outlet Aleqtisadia that quoted the Arabic Industry and Mineral Resources Ministry, that teams will be sent regularly to mine…
Read MoreA coal mine explosion on Friday, 14 October in Turkey’s northern Bartin province is under investigation by regulators as the most recent death toll from the blast has reached 41. Turkish President Tayyip Erdogan told Reuters that, of the 110 working at the operation at the time of the blast, 58 were rescued or were able to escape on their…
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Saudi Arabia’s Ministry of Industries and Mineral Resources said it issued 84 new mining licenses in the month of June, reported The Saudi Gazette. The licenses issued during the month included 51 exploration licenses, 26 building materials quarry licenses, three surplus mineral ores licenses, and two exploitation licenses. Two licenses were also for reconnaissance purposes. For the first six months…
Read MoreMetso Outotec has signed a contract to deliver key process technology to Almalyk Mining and Metallurgical’s MOF3 Copper-Gold-Molybdenum concentrator complex in Almalyk, Uzbekistan. The planned capacity of the plant, which is situated next to the Yoshlik-1 deposit, is 60 million tonnes per annum. The scope of delivery consists of the basic engineering, manufacturing, and supply of equipment, including HIGMill regrinding…
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After more than 10 years of dispute, Barrick Gold has come to a deal in principle with the governments of Pakistan and the province of Balochistan to restart the Reko Diq gold and copper project. The project, which will now be held by Barrick and Pakistan stakeholders in a 50%-50% split, has been on idle status since 2011 due to…
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