Archives: Base metals

MMG Ltd has entered into a Share Purchase Agreement (SPA) to acquire Cuprous Capital, the parent company of the Khoemacau Copper Mine in Botswana, for an effective Enterprise Value of US$1,875 million. Khoemacau is one of the highest quality new copper mines globally. The transaction aligns to MMG’s strategy to build a portfolio of high-quality[…]

MMG has taken delivery of its first Caterpillar R2900 XE diesel-electric loader at its Rosebery mine, in Tasmania, Australia, as part of its strategy to achieve the group’s net zero emission targets. The operation initially put a prototype vehicle to the test at Rosebery over a two-month period as part of Caterpillar field-follow trials conducted[…]

Freeport-McMoRan has awarded Metso an order for the delivery of a state-of-the art tankhouse material handling solution to its El Paso electrorefinery in Texas, USA. The order, which comes with a value exceeding €10 million ($10.9 million), will see Metso deliver Outotec Anode Preparation and Cathode Stripping Machines, both based on proven design, ensuring high[…]

Chinese underground mining contractor JCHX Mining Management has formally secured yet another major new mining services contract in Africa valued at $194.6 million for a zinc and copper project in the Democratic Republic of Congo (DRC). The contract was awarded to Kingko Mining, JCHX’s subsidiary operating in the DRC, by Canada’s Ivanhoe Mines, owner of the[…]

Grinding mill shell specialist CITIC Censa recently shipped three complete SAG mill shells (in six sections) from its facility in Pontevedra, Spain to Lundin Mining’s Josemaria copper-gold mine, located in the province of San Juan in Argentina, on the border with Chile. CITIC Censa is part of Chinese mineral processing equipment major CITIC Heavy Industries, based in Luoyang. CITIC[…]

Metso is expanding its service centre in Mesa, Arizona, to, it says, support the growing needs of mining customers, primarily in the copper segment, which plays a crucial role in supporting a responsible energy transition. In addition to expanding its service and repair capabilities, a cutting-edge training centre will be built to continue to improve[…]

Byrnecut Group’s specialist raise drilling company, Raising Australia, has announced a new Rotary Vertical Drilling System (RVDS) record at the BHP-owned Prominent Hill operation in South Australia. A total of 702.6 m of development over 324.19 hours makes the pilot hole at the Wira Shaft the longest single unit pass, top to bottom using a[…]

Bridgestone Corporation has announced a new mining solution service to estimate tyre durability using a proprietary algorithm originally developed by Bridgestone. The new offering was introduced in July 2023 to the Spence copper mine (Pampa Norte operation) in Chile, which is part of BHP. This service will be used to propose the optimal tyre maintenance[…]

South32’s greenhouse gas emission (GHG) reduction plans were established early on in the company’s life, with a long-term goal of achieving net zero operational GHG emissions by 2050 set in motion within a year of it coming into being. It has since established a medium-term target to halve its operational GHG emissions by 2035, from[…]

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[…]