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Australasia’s leading technology-focused private equity firm, Potentia Capital, has taken a large stake in Micromine, as the software solution provider looks to move into a new growth phase. As part of the deal, Alan Broome AM and Claire Tuder will remain on the board, with Tuder also continuing as Chief Executive Officer. Andrew Gray and[…]

The Native Title Mining Agreement for Kalkaroo has now been signed, opening the way for grant of a Mining Lease over Havilah Resources Ltd’s  copper-cobalt-gold project area. The agreement was executed between the Ngadjuri Adnyamathanha Wilyakali Native Title Aboriginal Corp (NAWNTAC) and Havilah. This took place at the conclusion of a special sitting of the[…]

Proof of concept has been established for in situ recovery (ISR) of copper at the Kapunda copper project, in partnership between Thor Mining and Environmental Copper Recovery SA (ECR). The project, in which Thor Mining has a right to earn into a 45% effective interest, holds an inferred JORC compliant resource of 119,000 t of[…]

At its just held 2018 AGM, Alberto Calderon, Managing Director and Chief Executive Officer at Orica stated: “Revenues have returned to growth after some years of decline, reflecting both improvements in the macro-economic environment and new contract wins. Ammonium nitrate sales volumes were up five per cent on last year with particularly strong demand in[…]

Erdene Resource Development Corp has announced the results of an independent Preliminary Economic Assessment (PEA) study for its 100%-owned Khundii Gold Project in southwest Mongolia. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects by RPMGlobal Asia Ltd. The PEA envisions a high-grade, open-pit mine beginning at the[…]

North American Construction Group has announced the acquisition of 31 used ultra-class haul trucks under a long-term purchase arrangement with an existing oil sands client. This is the initial offering made under a recent contract amendment that provides NACG with the right of first refusal to purchase assets the client retires. The transaction includes the[…]

Pybar has recently signed a contract with Aurelia Metals to carry out all underground development and production mining activities at Peak Mines near Cobar, New South Wales, Australia. The mining contractor has been at the operation since October 2017, providing underground development services and then labour hire to support the existing workforce, it said. This[…]

Mine development is now underway on the 850-m level at Ivanhoe’s Platreef platinum-group metals, nickel, copper and gold project in South Africa. Shaft 1’s continuing advance has intersected 29 m of high-grade mineralization from underground mine development beginning at a depth of 780 m. Platreef’s long-term processed wastewater agreement has been finalized to supply most[…]

Dillinger has agreed to continue a partnership with two Germany-based research institutes as it looks to enhance the modelling of microstructures and properties of special steels through microstructure-based material design. The heavy plate producer has, once again, committed €1 million ($1.14 million) of funding for a three-year programme with the University of Saarland and the[…]

Mechel reports that it acquired some 150 railcars in November-December for a total of 467 million rubles ($7 million) as part of its transport fleet upgrade programme at its coal operations in Russia. Most gondola railcars were produced by Altaivagon OJSC and RM Rail Ruzhimmash and were both bought to own and leased, Mechel said.[…]