Coeur Mining has released a re-scoped mine plan and PEA for its Rochester silver-gold mine in Nevada. The PEA, which will be included in a NI 43-101 Technical Report expected to be filed on March 5, 2018, incorporates the positive economic impact expected from the potential addition of a high pressure grinding roll (HPGR) to[…]
Whittle Consulting’s founder, Jeff Whittle, has been recognised in the Australia Day Honours for 2018. He has been named an Officer (AO) in the General Division of the Order of Australia for: “Distinguished service to the information technology sector and the mining industry, particularly through the development of industry standard computer programs for strategic mine[…]
Hecla Mining Co has entered into a toll milling agreement with Excellon Resources Inc in which sulphide ore from San Sebastian would be trucked 42 km to Excellon’s Miguel Auza flotation mill facility, in Zacatecas, Mexico, for processing. Under the terms of the agreement, Excellon will provide 440 t/d of milling capacity to Hecla and,[…]
Goldcorp has announced the four finalists and eight semi-finalists for #DisruptMining 2018, an innovation accelerator designed to encourage new technologies and ideas to solve some of the biggest challenges in mining, with a $1 million investment up for grabs. “Over 100 impressive submissions were received, making for a difficult selection process to determine finalists.” The[…]
Caterpillar Inc. is using AT&T Internet of Things (IoT) services to connect and manage heavy machines and engines around the globe. The new multi-year, global deal connects Caterpillar products to the AT&T 4G LTE network. The AT&T network combined with an AT&T Global SIM card and IoT management services helps Caterpillar, its dealers and customers[…]
AngloGold Ashanti’s Maiden Ore Reserve for the Gramalote project consists of attributable 63.7 Mt @ 0.86 g/t Au. This is a Joint Venture between AngloGold (51% and manager) and B2Gold (49%). The Gramalote project is located on the eastern flank of the Cordillera Central near the towns of Providencia and San Jose del Nus in[…]
Newcrest has entered into agreements with TSX listed Lundin Gold to invest in Lundin Gold and farm-in to a selection of its exploration concessions in Ecuador. Lundin Gold is building the Fruta del Norte gold mine in Ecuador which is expected to have first production by the end of 2019.1 Newcrest to invest $250 million[…]
The newest addition to the Fortescue Metals Group ore carrier fleet was greeted by the Fortescue family today, to mark its maiden voyage to Port Hedland. Named for Fortescue Founder and Chairman Andrew Forrest AO’s brother, the FMG David is the sixth vessel in the fleet which is designed to complement the Company’s world-class port[…]
South Africa’s CMTI Group says “cutting-edge locally-developed and patented technologies are providing underground and surface mines with a safer, as well as more reliable and efficient means of testing the braking systems of their mechanised production and transportation equipment.” The technologies are being manufactured at CMTI Group’s factory in Tshwane. This operation is being ramped-up[…]
Kinross Gold Corporation recently announced that its wholly-owned subsidiary, Kinross Brasil Mineraçao, has agreed to acquire two hydroelectric power plants in Brazil from a subsidiary of Gerdau SA for $257 million. The two plants are expected to secure a long-term supply of power for Kinross’ Paracatu mine, resulting in lower production costs over the life[…]