Recent News

  • Caledonia appoints Mufara

    Caledonia appoints Mufara

    Caledonia Mining Corporation has tapped James Mufara as its chief operating officer, effective May 1. Mufara was previously at Harmony Gold Mining where, as Regional General Manager, he headed a complex portfolio of operations consisting of five mines and 15,000 staff, mining 450,000 ounces of gold annually. He has over 25 years of experience in…

  • Corum produces new KPD Roadheader

    Corum produces new KPD Roadheader

    The Corum Druzhkovka Machine-Building Plant (Corum DrMZ), part of the Corum Group, has completed the production of a new KPD Roadheader for the Pavlogradska coal mine in Ukraine. The new roadheader is distinguished by its innovative design. Like its predecessor, it has a new visualization system – a user-friendly and intuitive interface that clearly shows…

  • Peabody closes Wards Well deal

    Peabody closes Wards Well deal

    Coal miner Peabody has completed its acquisition of Wards Well coal deposit immediately next to its Centurion mine complex in Queensland, Australia. The transaction was with seller Stanmore Resources, and carried a cash price tag of $136 million as well as a contingent royalty of up to $200 million payable after recovery of the related…

  • Multotec makes global mark with SACEEC Exporter of the Year award

    Multotec makes global mark with SACEEC Exporter of the Year award

    Multotec recently announced it has won the South African Capital Equipment Export Council’s (SACEEC) Exporter of the Year Award in the category for companies with a turnover of R2-R5 billion (US$105-262 million) per year. Processing MD Bheka Majola said the award is not only an indication of the company’s growth over the years, but also…

  • Orion sells minority stake in Capstone

    Orion sells minority stake in Capstone

    Orion Resource Partners confirmed that it has sold its 8.3% stake in Americas-focused Capstone Copper for gross proceeds of approximately A$592.8 million (US$379 million). Following the transaction, Orion will continue to remain one of the largest shareholders in Capstone, with a 12% stake. The successive stake sell-down transactions, reducing Orion’s stake from 32% in 2022…

  • AIP acquires Boart Longyear

    AIP acquires Boart Longyear

    American Industrial Partners Capital Fund VIII, an investment fund managed by AIP, has completed its purchase of Boart Longyear Group through a court-approved plan of arrangement. “The closing of this acquisition marks a new chapter in Boart Longyear’s 134-year history,” said Zac Carson, AIP. “Boart Longyear has been an industry leader for more than a…

  • Metso releases cone crusher, addition to screen line-up

    Metso releases cone crusher, addition to screen line-up

    Metso has added some serious heft to its processing equipment line-up, recently unveiling its new Nordberg HP350e cone crusher and its TSE Series triple shaft screen, the latter of which will be new to the North and Central American markets. The Nordberg HP350e is brand new to its Nordberg HPe crusher series, which launched in…

  • Macmahon sells Dawson South equipment

    Macmahon sells Dawson South equipment

    Macmahon has executed an equipment sale agreement to sell a substantial portion of its remaining mobile equipment fleet at Anglo American’s Dawson South project in Queensland.  The mobile equipment was sold at market rates, which Macmahon said were at or above book value, for cash consideration. The sale is expected to result in A$44 million…

  • BHP extends Thiess contract at Mt Arthur South

    BHP extends Thiess contract at Mt Arthur South

    Thiess has secured a six-year mining services contract extension with BHP for the Mt Arthur South coal operations in New South Wales, Australia. The A$$1.9 billion contract will see Thiess continuing to operate and maintain mining equipment to support BHP’s production requirements, and working with the miner and local community toward the planned 2030 mine…

  • BME adds centralised blasting system to AXXIS range

    BME adds centralised blasting system to AXXIS range

    BME, an Omnia company, has filled out its popular AXXIS electronic detonation range with the AXXIS Centralised Electronic Blasting System (CEBS), designed for use in both general and specialised underground mining environments. “AXXIS CEBS is a premium digital detonator system for initiating explosives, augmenting our popular AXXIS Titanium system for large deep-hole surface operations, and…