Southern Copper Corp has been awarded the Michiquillay copper project with an offer of $400 million and 3% royalties, a package which surpassed the offer of its closest rival, Cía. Minera Milpo (Nexa Resources), which offered $250 million and 1.875% royalties, MinerAndina reports. The project auction, under the auspices of ProInversion, was held on February[…]
In times of increasing digitisation of industrial processes, the importance of robust and reliable data communications is becoming more evident. The communication network is often critical to operations and failure to get data from A to B can have serious impact on production. Data networks supporting monitoring and control systems within mining applications require a[…]
Maya Gold & Silver has filed on SEDAR a Technical Report in compliance with NI 43-101 to support the mineral resources estimates declared on January 8 and the PEA declared on February 5 2018. The mine is owned by Zgounder Millenium Silver Mining S.A. (ZMSM), a Maya 85% owned joint venture with l’Office National des[…]
Wood has been selected by Australian-based lithium-boron mine developer Global Geoscience Ltd to complete the PFS for the Rhyolite Ridge lithium-boron project in Nevada, USA. 100% owned by Global Geoscience, Rhyolite Ridge is a large, shallow lithium-boron deposit located close to existing infrastructure in southern Nevada. Wood’s scope of work on the project includes the[…]
It was 18 months ago that the Wildcat JAE42 continuous miner, J.A. Engineering’s first in-house designed miner that is specifically designed for high productivity coal mining operations in South Africa, was launched at Electra Mining. At the time, Danie van Wyk, J.A. Engineering’s Chief Executive Officer said, “The Wildcat JAE42 continuous miner is J.A. Engineering’s[…]
Eriez Flotation Division (EFD) says it continues to make investments in equipment and resources to advance and expand its testing services to meet growing demand. With more than 15,000 square feet of dedicated laboratory space and an array of lab and pilot equipment, EFD has the capability to test and provide detailed analysis and state-of-the-art[…]
Barrick has outlined a series of organic investments to drive long term value. The construction of a third shaft at Turquoise Ridge, with an estimated initial capital investment of $300-$325 million (100% basis) has been approved by the company. Combined with additional processing capacity, this is expected to enable the mine to roughly double annual[…]
Boliden has initiated a pilot and demonstration project for the electrification of in-pit truck transports in Aitik – Sweden’s largest open pit copper mine – together with key partners in industry and academia. The project will develop, install and operate an electric transport route with electric trolley lines and four electric mine trucks. For the[…]
Once a powerhouse of engineering skills to support the local mining industry, South Africa must now work harder to ensure that it retains and passes on this technical capability – especially in fields like mine winder manufacture and refurbishment. Parnis Manufacturing Works Manager Brian Berry says it is a major concern – especially among mining[…]
CSA Global recently announced an investment in, and partnership with industry-leading geophysical consulting group Southern Geoscience Consultants (SGC). The investment and partnership align with CSA Global’s strategy to diversify and broaden the firm’s technical capabilities across the mining value chain. As part of the agreement, Managing Director, Jeff Elliott will join SGC’s Board to assist[…]