Archives: Base metals

While the situation for some of the major miners in Peru remains challenging, Grupo Mexico-owned Southern Copper Corporation (SCC) has so far avoided being affected at its key operations there, namely Toquepala, Tia Maria, Los Chancas and Michiquillay. SCC’s current capital investment program for this decade exceeds $15 billion and includes investments in the Buenavista[…]

The Indian Institute of Technology (Indian School of Mines), Dhanbad is deepening its relationships with top Indian miners to help further technology solutions to improve mining and mineral processing efficiency, including for lower grade ores. Firstly, Tata Steel has established a Centre for Innovation in Mining and Mineral Beneficiation at IIT (ISM) Dhanbad. The company aims to strengthen its long-term competitiveness through excellence in developing[…]

Aveng has announced that its South African based contract mining subsidiary, Moolmans, has entered into a new five-year contract with its long-standing client Tshipi é Ntle. The new contract is valued at approximately ZAR7 billion (over $400 million). This contract award will result in significant investment in equipment, people, processes and systems and Aveng says[…]

In a first-of-its-kind initiative in the Indian mining sector, Hindustan Zinc Ltd (HZL), a Vedanta group company, has introduced a Normet Agitator SmartDrive EV, into its underground mining operations. The company will soon expand its BEV fleet with Normet’s Explosive Charger (CHARMEC MC 605 V SD) and Concrete Sprayer (SPRAYMEC MF 050 VC SD). Hindustan[…]

Aurubis, the world’s leading supplier of non-ferrous metals and one of the largest copper recyclers in the world, and Codelco, the world’s largest copper producer, have signed a letter of intent. In support of the Chilean-German Raw Materials Partnership, which both governments signed in La Moneda, the agreement includes cooperation and the exchange of ideas[…]

With the shareholder vote on BHP’s proposed acquisition of copper and gold mining group OZ Minerals expected to be held in early April 2023, and with OZ Minerals Directors unanimously recommending shareholders vote in favour, it is a good time to review the miner’s progress in 2022 and plans for 2023 across its main mining[…]

An important milestone was marked by Minera Candelaria after it began to be supplied with electricity from renewable sources on January 1, a fact that materialised when the agreement with AES Andes entered into force. The contract signed with the generating company is valid until December 2035 and establishes that at least 80% of the[…]

Compania Minera Sierra Gorda SCM (KGHM 55%; South32 45%) has announced that it has started to operate from this month with 100% renewable energy. This achievement is part of the company’s sustainability objectives and represents the removal of the emission of around 1 Mt of CO2 per year. The presentation of this important news took[…]

Steering digital transformation with technological intervention in mining operation, India’s Tata Steel Mining Ltd (TSML) has launched its ‘e-Log’ app – which it describes as a complete solution to all kinds of logistical needs in mining operations. The single integrated logistics platform will digitise processes and give real time data with actionable insights plus capture[…]

The Newcrest Mining Board has approved the Lihir Phase 14A feasibility study, endorsing the Papua New Guinea project into full implementation. As part of the study, site investigation and trial works have been completed and a plan has been developed which extends the Phase 14 cutback and safely steepens the walls of the pit using[…]