Australian gold miner Ramelius Resources has ended discussions to buyout Canadian-based, Western Australia-focused Karora Resources, reported Reuters. “Following its usual disciplined due diligence process, Ramelius advises that no final agreement, including on value, was reached,” the company said. The news agency said a local report estimated the transaction value to be between A$700 million and $1 billion. Karora Resources, which…
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Harmony Gold said the Queensland government has declared its Eva copper mine project as a “Prescribed Project,” in recognition of its social and economic significance to the state’s North West region. The designation will support the coordination of approval processes required for the project, which is located on traditional lands of the Kalkadoon People, 75 kilometres north of Cloncurry. Harmony…
Read MoreAustralia’s national science agency CSIRO has engaged Voconiq to survey the attitudes of Australians toward the mining industry. Results will be used by CSIRO to inform future mining-related research initiatives that lead to public reports and academic publications. The survey is an opportunity for all Australians, 18 years and over, to share their views on mining, its role in the…
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HBT Australia and TotalEnergies Marketing Australia, a subsidiary of French energy conglomerate TotalEnergies, have partnered to provide resource companies with access to a single solution provider for all onsite tunnelling, mining fluid, and lubricant requirements. “This collaboration provides our clients with access to a total fluid and lubricant solution, including the Longwall HFA fluid, and predictive maintenance analytics and services,…
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Metso has opened its largest service center globally in Karratha, Western Australia, and marked it with an inauguration ceremony on March 21. The Karratha Service Center features a dedicated training facility, offering tailored programs to enhance the technical expertise of mining professionals. The center will provide long-term stable employment to skilled personnel from the local communities, including trades, service engineers,…
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Redpath Mining subsidiary Redpath (Australia) Holdings has signed a share purchase agreement to acquire RUC Mining Contractors. Company CEO George Flumerfelt said the acquisition reconfirms Redpath’s position as a global leader in mine development, shaft sinking and raise drilling services. Moreover, once complete, the acquisition will enable Redpath to deliver a more diverse range of services to customers and opportunities…
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The coal industry in India is set to boost its renewable energy capacity from a current 1.7 gigawatts to more than 9 GW by 2030, the country’s Ministry of Coal said. The move is in alignment with the Prime Minister’s ‘Panchamrit’ announcement during COP-26 and to progress towards the goal of net zero carbon emissions by 2070, it said. “With…
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South32 withdrew its forecast for Australian manganese output after it was forced to temporarily suspend operations at its Groote Eylandt Mining Co (GEMCO) unit due to Tropical Cyclone Megan, reported Reuters. The diversified miner initially forecasted a production of 3.4 million wet metric tons (amt) of manganese in fiscal 2024, slightly lower than the 3.5 million amt output in fiscal…
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K92 Mining said it has temporarily suspended underground operations at its Kainantu gold mine in the Eastern Highlands province of Papua New Guinea after a suspicious non-industrial incident on 10 March resulted in a death. Processing operations, which were suspended following the incident, have resumed. The miner said it is working with the relevant government authorities under the Criminal Code…
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A rockfall at the underground Ballarat gold mine, northwest of Melbourne, Australia, on 13 March, has left one miner dead and another in serious but stable condition. The two workers were performing an air legging technique about 3 kilometres underground when they were pinned by falling rocks. Twenty-eight other miners that were also working in the mine made it to…
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