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Rio Tinto has today completed the acquisition of Pan American Silver’s stake in Agua de la Falda and entered a joint venture with Corporación Nacional del Cobre de Chile (Codelco) to explore and potentially develop the company’s assets in Chile’s prospective Atacama region. The acquisition, announced on August 1, 2023, comprises a 57.74% operating stake[…]

Codelco has achieved exceptional results through the implementation of Vesconite Hilube wear-resistant bushings on underground LHDs, according to Vesconite. Departing from traditional bronze bushings, the mining company’s adoption of Vesconite Hilube on Sandvik and Caterpillar LHD booms has led to an unprecedented increase in bushing lifespan, exceeding their initial expectations, it says. Previously, the company[…]

FAM, a member of the BEUMER Group, is helping Anglo American keep copper ore moving continuously at the Quellaveco mine in Peru, with a closed-loop ship loading system. One of the world’s largest and best-known deposits with estimated reserves of 1,100 Mt of copper ore, Quellaveco is located near the port city of Ilo –[…]

LKAB is looking to shore up its iron ore rail operations in northern Sweden by acquiring a stake and investing in new facilities for Duroc Rail AB. The iron ore company has acquired a 49% interest in Duroc Rail from the Nasdaq-listed Duroc AB group, which retains majority ownership of 51%. The preliminary purchase price[…]

CEEC International, an independent global not-for-profit committed to accelerating the adoption of eco-efficient minerals and metals production practices, has welcomed both Weir and Agnico Eagle Mines as premium sponsors and early adopters of its Global Water Initiative. Weir, a respected provider of engineered solutions to the resources sector, shares CEEC’s mission to drive the adoption[…]

Thiess says it has demonstrated commitment to expanding its truck and component rebuilding capabilities on a large scale with the execution of a lease for a new facility at Kabil Integrated Industrial Estate on Batam Island, Indonesia. Thiess has an extensive fleet of mining haulage trucks in Indonesia and Australia, including more than 650 that[…]

Gekko has announced the purchase of an InLine Leach Reactor (ILR) for the Bulyanhulu gold mine, in the north-western region of Tanzania within the Kahama district, an operation under the ownership and management of Barrick Gold. The introduction of the ILR to this location is a significant development, building upon the success of its implementation[…]

In a notable achievement, TAKRAF Group has announced the signing of a major contract between Rio Tinto and TAKRAF concerning development of the Simandou iron ore complex in Guinea. The Simandou complex is one of the largest unexploited high-grade iron ore deposits in the world. The contract entails the design, fabrication and delivery of an[…]

Iron ore miner LKAB has awarded ABB a contract to install two ABB Gearless Conveyor Drives (GCDs) on the existing TR020 conveyor belt system at its Malmberget mine near Gällivare, Norrbotten County, Lapland, the most northern province in Sweden. The existing setup already carries up to 15 Mt of iron ore every year, using a[…]

Ten months after its ‘birth’, GHH’s latest LHD, the LF-10 NEO, has received a remarkable acceptance in the market with a significant number of orders in the books, the company says.  At 2.5 m, the loader offers the highest tipping height on the market, according to GHH. This means every 30 tonne dump truck currently[…]