Western Australia-based miners Red 5 and Silver Lake Resources have entered into a merger of equals, creating a diversified gold producer with a significant ore reserve and mineral resource inventory of 4 million ounces and 12.4 million oz., respectively. Under the terms of the transaction, Red 5 will acquire 100% of the shares in Silver Lake and each Silver Lake…
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Hitachi Construction Machinery will start full-scale operation of a remote support center in April that will monitor mining sites using its autonomous haulage system 24 hours a day, 365 days a year to help increase overall operational efficiency. Dubbed the “Technological Centre of Excellence (TCoE),” the operation will monitor the dump truck AHS used at mines. Hitachi will initially utilize…
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China’s Premier Li Qiang has signed off on a new regulation, effective 1 May, that aims to improve production safety at the nation’s coal mines. The new regulation emphasizes on making production safety a top priority. It calls for sound management and strict checks to identify various risks and hidden dangers. Coal mine operators will be required to conduct self-checks…
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Bougainville Copper has confirmed that the Bougainville government awarded a five-year extension of the company’s exploration licence for the Panguna copper project in Central Bougainville, an autonomous region of Papua New Guinea. The extension clears the way for the miner to increase its activities in the Panguna project area in accordance with the Bougainville Mining Act of 2015. “Panguna promises…
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UK-based AB Dynamics subsidiary ABD Solutions has announced the newest step in its strategic expansion: expansion of its international footprint with the formation of an operation in Perth, Western Australia. ABD Solutions, which specialises in aftermarket autonomy tailored for fleets in mining, construction, materials handling, defence and agriculture, said it launched the new operation in response to growing demand for…
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Future Element Operations, a 50/50 joint venture between Clean TeQ Water and mine tailings management company Future Element, has joined Unearthed’s Think and Act Differently (TAD) program. TAD is powered by BHP and allows innovators to engage in short experiments designed to de-risk ideas and fast-track technological breakthroughs. Future Element is part of the Essentials Minerals Cohort and will receive…
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State-run Korea Mine Rehabilitation and Mineral Resources (KOMIR) is seeking 1 trillion won (US$747.1 million) from the government of Panama over expected losses from the shutdown of the Cobre Panama copper mine, reported The Korea Economic Daily. KOMIR had acquired a 10% stake in Minera Panama, a subsidiary of First Quantum Minerals, in 2009. Minera Panama is the operator of…
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After nearly two decades, the Dartbrook mine in New South Wales, Australia, will resume operations after Australian Pacific Coal and JV partner Tetra Resources finalized a three-year, US$60 million (A$90 million) funding package with Vitol Asia. The companies said the funding will cover forecast restart capital expenditure at Dartbrook through to first coal and the acquisition of additional mining systems…
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Australia’s Fortescue Metals Group said it will cooperate with Chinese authorities to resolve unusual customs delays of two iron ore shipments at the Caofeidian Port in Tangshan, reported Reuters. “We will just work through with the relevant port authorities to understand what they need, such that we clear the cargoes as soon as possible,” Vivienne Tieu, director of Sales, Marketing…
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Global ground control supplier Jennmar has confirmed that its Jennmar Australia business, including Jennchem Australia and Harness Pro Australia, recently achieved 12 months without a lost-time injury (LTI). The company said the milestone is a testament to its “unwavering commitment to the well-being of our employees” as well as the communities it serves. “Our exceptional safety culture demonstrates our resolve…
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