Tribe Technology said it has shipped its first autonomous reverse circulation TTDS GC 700 drill rig from its manufacturing site in Belfast, Northern Ireland, to its first customer McKay Drilling, a subsidiary of Major Drilling, in Australia. “We look forward to the demonstration of the operation of the drill rig in the field and this will be a tremendous platform…
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NLC India Limited (NLCIL) has recently awarded TAKRAF India with four new orders for the revamping and maintenance of various bucket-wheel excavators at its three open pit mines in India. NLCIL is a public sector company of the Government of India and one of the country’s largest lignite and power producers. Two of the orders concern the major revamping of…
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The University of Adelaide’s South Australian-based consortium of universities, which has worked with METS partners, mining companies and key stakeholders to unlock significant economic potential, has made an impact to boost copper – an impact that will last after concluding as collaborations continue to advance. The Integrated Mining Consortium, funded by the South Australian Premier’s Research and Industry Fund (PRIF),…
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Zenith Energy has entered an agreement with Lynas Rare Earths to design, build, own, operate and maintain a hybrid power station at Lynas’ Mt Weld mine in Western Australia. The total installed capacity of the Mt Weld power station upon completion will be approximately 65 megawatts. The Mt Weld hybrid power station will include a 24-MW wind farm (four wind…
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Rio Tinto and the Ngarluma Aboriginal Corporation (NAC) have agreed to develop an 80-megawatt solar farm on Ngarluma Country to supply renewable energy to Rio’s iron ore operations in the Pilbara region of Western Australia. The solar farm is the first proposed project the Ngarluma people and Rio Tinto will pursue after a memorandum of understanding was signed to explore…
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Police in Vietnam have arrested former environment deputy minister Nguyen Linh Ngoc and four other former senior officials of the ministry’s mining department for allegedly violating mining regulations, reported Reuters. Ngoc, who was the deputy minister of Natural Resources and Environment in 2010-2018, was accused of “deliberate violations of state economic management regulations, causing serious consequences,” the police-run Ministry of…
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Metso has signed an agreement to acquire Jindex Pty Ltd, a privately owned Australian tech company specializing in valves and process flow control, for an undisclosed amount. “This acquisition is yet another important step in the development of Metso’s Pumps business line offering to bring us closer to being our customers’ lifecycle partner of choice. Flow and isolation control play…
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Rio Tinto said it shipped its four billionth tonne of iron ore from the Pilbara in Western Australia to China after half a century of working together. The shipment was loaded at Dampier Port on 19 July, bound for China Baowu Steel Group – the world’s top steel producer. “China’s strong demand for high-quality minerals such as iron ore has…
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Global miner Fortescue said initiatives are being implemented to simplify its structure, remove duplication and deliver cost efficiencies, including the layoff of 700 people across its global operations. “The company must continually evolve to ensure it remains lean, is best positioned to deliver on its strategy and generate the maximum value for shareholders,” Fortescue said. In addition to the layoffs,…
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Rex Minerals has entered into a scheme implementation deed (SID) with its major shareholder MACH Metals Australia, under which MACH will acquire all of the shares it does not already own for cash consideration of A$0.47 per share. The offer price, which implies a fully diluted equity value of A$393 million, follows a competitive global partnering process, which focused on…
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