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…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read MoreBHP has reportedly opted to place part of its Kambalda nickel concentrator in Western Australia on care and maintenance. Asset president Jessica Farrell told Reuters that it made the decision after its ore supplier Wyloo Metals announced it would pause mining operations on low nickel pricing. About 20 jobs will be impacted by the transition. BHP has not indicated how…
Read MoreAustralian miner Whitehaven Coal is reportedly looking at options to sell a 20% stake in the Blackwater mine to global steelmakers as it works to finalize a US$3.2 billion deal for the asset and fellow Bowen Basin mine, Daunia, according to Bloomberg. “Interest is very, very strong” in relation to a stake in Blackwater, CEO Paul Flynn recently told analysts.…
Read More
The New South Wales Resources Regulator has prohibited Wollongong Resources’ Russell Vale Colliery to mine coal due to ongoing safety concerns, reported ABC News. The Mining and Energy Union told the news service that there have been at least five significant frictional ignition events at the underground mine in the past eight months. “The prohibition notice will remain in place…
Read More