Since its release in September, ShovelMetrics™ Oil Sands Edition has been well received, says developer and supplier Motion Metrics International. “One of the largest players in the Canadian oil sands market successfully trialled our newest product offering and, after only two months, purchased 10+ ShovelMetrics™ Oil Sands Edition systems for large rope shovels at two[…]
The state-owned Estonian energy group Eesti Energia is planning to start oil shale extraction by means of longwall mining at the Narva mine in late 2020 or in early 2021 and to extract some 3 Mt of oil shale at the mine per year, according to LETA/BNS and reported as follows in The Baltic Course.[…]
Two 130 t BELAZ trucks have been delivered to the Mikhailovsky GOK iron ore mine (part of Metalloinvest). The acquisition of these heavy-duty dump trucks is a continuation of Metalloinvest’s large scale programme to update its mining and transport machinery and increase production efficiency. The cabs of the new vehicles contain all essential conditions to[…]
Seequent, a world leader in visualisation solutions for earth, environment and energy challenges, today launched mineral resource estimation solution Leapfrog® EDGE. Leapfrog EDGE supports and advances industry practices in mineral resource estimation by applying the highly dynamic, intuitive and visual capabilities that Leapfrog 3D geological modelling solutions are world-renowned for. In a streamlined workflow, Leapfrog EDGE[…]
The Deep 1 project at Agnico-Eagle’s Goldex mine in Quebec was declared to be in commercial production in July 2017 and is progressing well. The mining method is long-hole stoping with cemented paste backfill, the same method used in the M and E zones. The mining rate for Deep 1 is approximately 6,000 t/d. Production[…]
Through the development of a third shaft, combined with improvements in mining productivity, Barrick-operated (75% owned) Turquoise Ridge gold mine has the potential to increase output to an average of 500,000 oz/year (100% basis) at a cost of sales of $750-$800 per ounce, and all-in sustaining costs of about $625-$675 per ounce. The project is[…]
In the island state of Papua New Guinea, Ok Tedi Mining Limited (OTML) runs the copper and gold mine Ok Tedi. OTML’s drive train infrastructure at the Ok Tedi mine is in excess of 30 years old. In order to ensure long term profitability, OTML is using Siemens technology to supply and install complete new[…]
TLT ACTOM will be supplying a turnkey ventilation solution to Newmont Mining Corporation’s Subika Mine based at the Ahafo complex in Ghana. The solution will comprise both large surface fans and bulkhead cooler fans to the mine in order to ensure efficient ventilation of their main shaft. TLT ACTOM will be supplying two Axial Main[…]
DRDGOLD Ltd announced today that it is to acquire from Sibanye Gold Ltd trading as Sibanye-Stillwater (Sibanye-Stillwater) portions of the latter’s West Rand Tailings Retreatment Project (WRTRP) assets – to be known as WRTRP Proprietary Ltd – in exchange for approximately 38% of DRDGOLD’s ordinary share capital, valued at approximately ZAR1.3 billion. In addition, DRDGOLD[…]
An 18% growth in underground ore reserves to 39 Mt @ 1.7% copper equivalent has extended OZ Minerals’ Prominent Hill mine life significantly. This will see an expected underground production rate of 3.5-4.0 Mt/y from 2019 to continue through to 2029. Underground ore reserves for copper and gold metal have increased by ~13 and ~27%[…]