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…
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Rio2 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…
Read MoreLandslide collapses illegal gold mine
At least 15 were killed at an illegal gold mine in Indonesia’s province of West Sumatra, following a landslide caused by heavy rains, reported Reuters. Three people are confirmed injured, while several others are still missing. Irwan Efendi, the head of the provincial disaster agency, estimated there were probably 25 people in the mine at the time of the incident.…
Read MoreDozens dead as violence erupts near PNG gold mine
Violent attacks between illegal settlers and local landowners near Barrick Gold’s Porgera mine in Papua New Guinea has killed at least 20 people, reported Reuters, with other news outlets citing at least 30 dead. The government has granted police emergency powers, including the use of lethal force, to contain the violence. Local media has reported that Barrick has temporarily halted…
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