Global miner Newmont Corp. has completed the previously disclosed sales of the Musselwhite and Éléonore operations in Canada and the Cripple Creek & Victor operation in the United States, as part of a divestment plan of non-core assets. Full story.
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St Barbara commissions crusher; appoints advisor
St Barbara has successfully commissioned a MMD Sizer at its Simberi operations in Papua New Guinea, an essential part of the site’s pre-expansion growth capital. The company said the crusher exceeded all commissioning targets with product size testing achieving P100 passing 150 mm, compared to the objective of P80 passing 150 mm. It was then handed over to operations and…
Read MoreWind turbines coming to Gold Fields mine
Gold Fields has awarded a contract to renewable energy solutions provider Goldwind to design, manufacture and construct seven wind turbines for its St Ives gold mine, located 80 kilometres south of Kalgoorlie in Western Australia. The turbines will form a 42-megawatt wind farm as part of the miner’s landmark A$296 million St Ives Renewable Energy project, which will become Western…
Read MoreRio2 starts Fenix construction
Canadian-based Rio2 has marked the start of construction at its Fenix gold mine in the Maricunga Gold Belt, Atacama Region, Chile. A ceremony was held 6 February to mark the occasion; the event was attended by the Honorable Aurora Williams Baussa, Minister of Mining; Mario Silva Álvarez, Deputy Governor of Atacama; Jorge Riesco Valdivieso, President of SONAMI (Chilean National Mining…
Read MoreBritish Columbia fast-tracks 18 mining and energy projects
In the face of ongoing tariff threats from the United States, the British Columbia government said it is working to accelerate 18 critical mineral and energy projects worth roughly $20 billion, reported The Canadian Press. Full story.
Read MoreNewmont divests Éléonore gold mine
Newmont has agreed to sell its Éléonore operation in Northern Quebec, Canada, to UK-based Dhilmar for $795 million in cash consideration as part of the miner’s plan to divest its non-core assets. Full story.
Read MoreNewmont offloads Musselwhite to Orla Mining
Newmont has agreed to sell its Musselwhite gold mine in Ontario, Canada, to Vancouver-based Orla Mining for up to US$850 million in total consideration. Full story.
Read MoreFunctionality of Fiber with the Simplicity of Coax
StrataConnect DigitalBRIDGE™ is a multi-functional Power-over-Ethernet (PoE) coaxial cable network that is ideal for extending fiber optic networks into the mine’s working section. Full story.
Read MoreResolute Mining CEO held in Mali amid tax dispute
Photo: Resolute Mining Resolute Mining CEO Terry Holohan and two other colleagues are being held in Bamako, Mali, as the military-led government presses the Australian-based company to pay back taxes on its Syama gold mine, reported Business Insider Africa. The government insists that Resolute allegedly owes 100 billion CFA francs ($162 million) in taxes identified in a sector-wide audit, according…
Read MoreCoeur Mining to acquire SilverCrest Metals
U.S.-based Coeur Mining has entered into a definitive agreement to acquire North American peer SilverCrest Metals, adding the Las Chispas underground mine in Sonora, Mexico, to its portfolio. Under the terms of the agreement, a wholly-owned subsidiary of Coeur will acquire all of the issued and outstanding shares of SilverCrest pursuant to a court-approved plan of arrangement. The transaction is…
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