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Sandvik has signed an agreement to acquire DSI Underground, a global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries, from owner Triton. The OEM has agreed a purchase price of approximately €943 million ($1.15 million) on a cash and debt free basis, it said, adding that[…]

CIMIC Group says it has signed all relevant material documentation including financing agreements for the sale of 50% of Thiess, one of the world’s largest mining services providers, to funds advised by Elliott Advisors (UK) Ltd. This encompasses the satisfaction of a number of conditions precedent, including the required regulatory approvals, CIMIC noted. Back in[…]

Global Atomic Corporation has announced that The Presidential Decree granting the Mining Permit has been approved by the Council of Ministers for the Company’s Dasa Uranium Project in Niger. The Dasa Project exploration operations are located in the north central part of the Republic of Niger, West Africa, approximately 120 km north of the city[…]

BHP and Vale have confirmed their joint venture Samarco iron ore business has restarted operations in Brazil, more than five years after the failure of the Fundão dam led to its suspension. Samarco’s gradual restart of operations incorporates concentrator 3 at the Germano complex in Minas Gerais and pelletising plant 4 at Ubu in Espírito[…]

VivoPower International and its 51% subsidiary, Tembo e-LV BV, have entered into a non-binding Heads of Agreement with GB Auto Group Pty Limited and GB Electric Vehicles Pty Ltd in Australia that will confirm and expand GB Auto’s position as the exclusive distributor within Australia for Tembo’s electric Toyota Land Cruiser, Hilux, and electric vehicle[…]

A change in management and direction is revitalising a more than 150-year-old drilling company serving the mineral exploration, water well, geotechnical, geothermal and offshore sectors. Established in 1867, Dando Drilling International has made a name for itself with robust and customised drill rigs built to withstand the harshest of environments. Mark Jones, Managing Director of[…]

MineSense, having continued the introduction of its transformative technology into mines in 2020, says it is well positioned to dramatically ramp up commercialisation of its sensor-based ore data and sorting solutions in 2021. The company’s solutions are focused on improving mine profitability by taking advantage of the maximum heterogeneity at the face to increase ore[…]

WestStar Industrial’s engineering construction contracting business, Alltype Engineering, has been awarded contracts to a total value of circa-A$8 million ($6 million) across multiple clients and projects, including A$5 million of contracts in gas transmission. APA Group has contracted Alltype to deliver multiple gas offtake and metering facility projects throughout the Midwest region of Western Australia.[…]

The Board of Directors of Russian gold mining major Polyus has made a final investment decision on the construction of Mill-5 at the Blagodatnoye gold mining complex in Krasnoyarsk region, 25 km away from its Olimpiada operation. The company has successfully completed the Feasibility Study (FS) for the construction of a new mill at the[…]

CIMIC Group’s minerals processing company, Sedgman, has been awarded an extended operations and maintenance services contract at the MACH Energy-owned Mount Pleasant coal mine in New South Wales, Australia. Sedgman will operate and maintain MACH Energy’s 1,500 t/h Mount Pleasant Coal Handling and Preparation facility for an additional three years, with the extension generating revenue[…]