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The copper production profile for Lundin Mining’s Candelaria has been improved over the life-of-mine and next ten years says the miner in its latest operational update. Re-phasing of the open pit mine plan, increased planned production from underground mines, mine fleet reinvestment and initiatives to increase mill capacity have all contributed to the improved production[…]

RCT has announced its latest project with Russia’s Caterpillar dealer, Vostochnaya Technica and gold miner Polyus. This extensive project will see RCT’s Custom department design, manufacture and install eight ControlMaster® solutions for five Caterpillar trucks, a shovel, dozer and a drill. Polyus will be utilising these machines equipped with RCT’s Smart Technology at its Olimpiada[…]

Wayne Heili, Managing Director and CEO of Peninsula Energy Ltd (USA) has been confirmed as Keynote Speaker for the ISR Symposium presenting Key Lessons Learned from the Application of ISR to Uranium. The ISR Symposium is a new event this year and is organised in cooperation with CSIRO Minerals.  The full conference runs May 19[…]

Ramelius Resources’ third consecutive annual profit before tax was achieved in the year ended 30 June 2017 at A$25.1 million compared to 30 June 2016 of A$25.3 million. “Although we had a sales increase from A$173.7 million to A$197.4 million, the cost environment consumed any additional margin,” reports . Bob Kennedy, Chairman. “However, cash flows[…]

Andrew Forrest, Chairman Fortescue Metals Group (FMG) says that “under the leadership of Nev Power the company flourished and earned its reputation as one of the largest and most consistent seaborne iron ore suppliers, taking its place as the lowest cost most efficient producer in the world. Fortescue is now rapidly evolving, drawing on the[…]

An Exploration Target of 24 Mt to 34 Mt at 1.1g/t to 1.4g/t Au, comprising between 0.9 Moz and 1.5 Moz of gold has been estimated between 140 and 700 m depth for the Two Mile Hill tonalite deeps deposit at Middle Island’s Sandstone gold project in Western Australia. The potential quantity and grade of[…]

Benetech, is focusing further on conveyor maintenance solutions. Without proper inspection and maintenance, a conveyor system with small problems can develop much bigger ones, leading to lost production and revenue. Curative repair costs also can double or even triple the investment in efficient preventive measures. Benetech’s state-of-the-art conveyor maintenance and repair include audits/inspections, adjustments, installation[…]

Alexander Mining reports that it has received notification that its MetaLeach subsidiary has been granted a patent for a Method of Oxidative Leaching of Sulfide Ores and/or Concentrates in the United States, patent number 9,771,631. The patent has a standard term of 20 years from the effective date of 13 June 2010 (being the date[…]

Two Chinese state-owned enterprises (SOEs) have merged into an energy conglomerate with total assets worth $272.96 billion, says news agency Xinhua. The new company, China Energy Corporation, has become the world’s largest in coal mining, thermal power, renewable energy and coal-to-liquid conversion, according to the founding ceremony held Tuesday November 28. It was formed by the[…]

Another two Roof Master 1.7 bolting rigs from Mine Master were successfully commissioned in late October in one of the underground oil-shale mines in Estonia and are the ninth and tenth rigs respectively of this type sold to the same customer. In total the client currently uses 22 machines from Mine Master production including both[…]