Companhia Siderúrgica Nacional (CSN), Shell and Itochu Corporation have signed a Memorandum of Understanding (MoU) for cooperation on decarbonisation. Within the scope of this MoU, teams have been formed. They will proceed with investigations of potential projects, partnerships, and carbon reduction initiatives, in addition to defining areas of possible strategic long-term business collaboration to contribute[…]
DRA Global and KAEFER Integrated Services have executed an agreement for the sale and purchase of the business of G&S Engineering Services Pty Ltd and G&S Support Services Pty Ltd (collectively G&S), comprising selected contracts, assets and liabilities for A$8 million ($5.6 million). The sale is subject to conditions precedent standard for a transaction of[…]
Emerging drill rig manufacturer, Geomagnetic Design has announced results from field trials on its specialty, patented RC and diamond GM1 drill rig. Now in advanced stages of research and development (R&D), field testing in Western Australia’s Pilbara Region has confirmed the drill rig’s ability to halve the carbon footprint of traditional exploration drilling programs, with exceptional[…]
Enerpac has announced the new PP-Series electric- and diesel-powered power packs to supply hydraulic flow to Enerpac portable machine tools, including flange facing machines, clamshell cutters, hot tapping machines and decommissioning tools – tools of which are regularly used on mine sites. The hydraulic power packs are also compatible with other brands of portable machine[…]
SES and AXESS Networks say they are accelerating the digital transition of the mining industry with a collaboration focused on SES’s second-generation medium earth orbit (MEO) system O3b mPOWER. Under this multi-year, multi-million-dollar agreement, mining sector users will be able to benefit from the cutting-edge low-latency Onshore Energy & Mining mPOWERED connectivity service, they say.[…]
Equinox Gold Corp says it is making good headway on its 60%-owned Greenstone project, in Ontario, Canada, with four Cat 793 haul trucks delivered to site and the first Komatsu PC-5500 excavator set for assembly this quarter. The Greenstone project is being developed as a 60/40 partnership, respectively, by Equinox Gold and Orion Mine Finance[…]
The International Council on Minerals and Metals (ICMM) today released a 2021 safety performance report from its member companies that highlighted 43 fatalities among these firms last year. ICMM members, the ICMM says, have an unwavering commitment to the health and safety of workers, and work unceasingly to eliminate fatalities and prevent injuries, towards a[…]
The government of the Republic of Guinea, Winning Consortium Simandou (WCS) and Rio Tinto Simfer have incorporated the La Compagnie du TransGuinéen (The TransGuinean Company) to further progress plans to co-develop the multi-purpose and multi-user infrastructure for the Simandou iron ore project, in the country. The joint venture incorporation is a significant milestone in implementation[…]
RCT says it is partnering with mining services company Develop to deploy state-of-the-art digital automation technology at its recently-awarded Bellevue gold operation in Western Australia. RCT’s digital ControlMaster® solution will empower Develop with the best autonomous technology to safely manage its underground mobile equipment fleet and make consistent production gains, according to the company. Develop[…]
Aspen Technology is looking to expand its industrial software remit with the acquisition of Micromine, a global leader in design and operational management solutions for the mining industry, from private equity firm Potentia Capital and other sellers for A$900 million in cash ($623 million) The two have entered into a definitive agreement that AspenTech says[…]