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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Coal production in India recently crossed 900 million tons – an unprecedented milestone, setting the stage for the country to hit 1 billion tons by 31 March. The Indian government said that the country has an ample coal stock of around 85 million tons, with domestic coal-based power plants having around 43.28 million tons in reserves. “The sufficient coal stock…
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Australian producer Core Lithium has announced that Gareth Manderson will step down as chief executive officer, effective 18 March. Current finance chief Doug Warden will assume the role as interim chief executive officer while an executive search is underway. The leadership changes follow a strategic review as the company restructures its business in response to a rapid decrease in prices…
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North American Construction Group said its subsidiary MacKellar Group has been awarded a five-year contract extension by a major metallurgical coal producer in Queensland, Australia. The new contract is good through June 30, 2030, and requires the addition of two loading units and one service truck, which will be purchased in Q4 2024. This will bring the total dedicated fleet…
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PT Mandiri Herindo Adiperkasa Tbk (MAHA) has been named the sole contractor for hauling coal at Indonesia’s largest coal mine – Kaltim Prima Coal in East Kalimantan. The company will transport KPC coal as the mine owner for the next seven years. “[We] will always strive to maintain operational stability through achieving coal transportation targets safely and securely. We ensure…
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In an attempt to further reduce costs, Australian lithium developer Lake Resources said it will cut its global headcount by 50% across its non-core operational and administrative workforce. Furthermore, Lake said it will continue to evaluate the monetization of non-core assets and lithium tenements unrelated to its flagship Kachi project in Argentina. Lake estimates a further 30% reduction in expenditures…
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