Mining and construction operators in North America can now reduce pump wear by up to 70% and halve maintenance costs with an intelligent monitoring and control solution, according to Xylem. Designed for dewatering in harsh environments, Xylem’s Flygt Pareo solution reduces equipment life cycle costs and improves the reliability and safety of pumping operations by making any traditional dewatering pump…
Read MoreCincinnati Mine Machinery (CMM) Company made quite the splash at MINExpo International 2024, not only for its presentation and 100th anniversary celebration, but for its presentation of a $100,000 contribution to the Tunnel to Towers Foundation. Full story.
Read MoreCanadian producer Cerro de Pasco Resources has entered into a share purchase agreement with Peruvian investment group FIC03 Fondo de Inversión Privado (FIC03), part of Finanzas e Inversiones Corporativas, to sell its Santander zinc mine in Peru. The deal was made for $2 cash and a variable price of up to $10 million. This will be paid from the commercial…
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Weir has been awarded a £53 million (US$58.9 million) contract to provide industry-leading energy efficient, sustainable solutions to the Reko Diq copper-gold project, a 50% owned greenfield development by Barrick Gold in Pakistan’s Balochistan Province. The Reko Diq copper-gold project is a 50% owned greenfield development by Barrick; the tier one copper project is located in the Chagai district of…
Read MoreKomatsu has confirmed that it now has a fleet of more than 750 autonomous haul trucks commissioned across the globe, which have hauled more than 10 billion metric tons – for a total rate of more than 6 million metric tons daily. Additionally, the OEM said, 10 Komatsu autonomous trucks have achieved a benchmark of 100,000 autonomous hours each, a…
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The National Mining Association is spearheading a lobbying campaign to revive and expand the long-dormant Bureau of Mines in an effort to streamline how the government regulates and supports domestic mining, reported Reuters. The American Exploration & Mining Association and the Society for Mining, Metallurgy & Exploration are working alongside the NMA on the effort.
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Tesla Inc. investors have voted down a moratorium on sourcing electric vehicle battery metals from deep seabeds during its annual shareholder meeting, reported Bloomberg. Nonprofit As You Sow filed a proposal in December asking the shareholders to impose a ban on mining in the biodiverse ecosystem. While commercial deep-sea mining has yet to begin, Bloomberg noted that the industry aims…
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Financially troubled miner Nevada Copper has tapped Gregory Martin and Matthew Anderson as its interim president and CEO and interim CFO, respectively. Martin was previously the company’s executive vice president and CEO; Anderson was vice president of Finance for the company. Nevada Copper is entering its second full week after confirming its plan to file for Chapter 11 bankruptcy in…
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Sandvik Mining and Rock Solutions has introduced AutoMine Lifecycle Support Solutions, a scalable service designed to ensure comprehensive aftermarket technology support for existing and new AutoMine customers that can boost uptime and also offer continuous process optimization. Sandvik said its AutoMine Lifecycle Support Solutions is backed by the company’s global network of service centers, giving customers flexible, scalable and customized…
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U.S.-based Critical Metals has signed a binding heads of agreement to acquire a controlling interest in one of the largest rare earth deposits in the world – the Tanbreez project in southern Greenland. Full story.
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