Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete recently announced that an agreement has been reached to replace the outstanding convertible loan balance owed to Ivanhoe Mines by High Power Exploration (HPX) into an equity investment in I-Pulse Inc (I-Pulse), HPX’s parent company. Founded by Robert Friedland and Laurent Frescaline in 2005, I-Pulse[…]
Vale, one of the world’s biggest iron ore producers, has approved the SpectraFlow Crossbelt Analyzer for online measurement of iron ore material at its ports and mines, the technology provider says. After a rigorous trial that tested the stability of the hardware and measurement accuracy of the analyser, SpectraFlow Analytics is now the chosen provider[…]
Capital has announced the award of a new mining services contract with Ivindo Iron SA, majority-owned by Fortescue, at its namesake project in Gabon. The earthmoving and crushing services contract has been announced at the same time as the company has extended its revolving credit facility. Ivindo is in the northeast of Gabon and is[…]
Metso says it has signed a two-year Life Cycle Services (LCS) contract with Ma’aden’s Base Metals and New Minerals company’s new gold processing plant at the Mansourah & Massarah site in Saudi Arabia. Metso will support the customer in commissioning, ramping up and optimising the new greenfield site, covering both maintenance and plant operations, it[…]
Metso has been awarded orders for a gyratory crusher and apron feeders including related services and spare parts to support a mining customer project in the Americas. The value of the orders is approximately €20 million, of which 80% were booked in Minerals segment’s first-quarter orders received and the balance in Minerals segment’s second quarter.[…]
FLSmidth has, as of June 1, 2023, acquired the American company Morse Rubber. Based in Iowa, Morse Rubber manufactures and markets specialised, heavy-duty rubber products for mineral processing and other industries. Morse Rubber was formed more than three decades ago and has 23 employees. All employees will be transferred to FLSmidth as part of the acquisition.[…]
Metso has signed an agreement for the supply of metallic mill linings for SAG mills and Megaliner™ mill linings for ball mills to a copper and gold mine in South-East Asia. It says the customer selected Metso’s metallic mill lining solutions after a performance test. In the test, Metso’s linings achieved better grinding efficiency, higher[…]
FLSmidth says it has received an order to supply several grinding mills to a copper mine in northern Chile. This order will expand the grinding capacity at the mine, where the existing production lines already are successfully built with FLSmidth mineral processing technology. The order is valued at approximately DKK 270 million and was booked in[…]
Metso says it has been awarded an order for key concentrator plant equipment by Zijin Mining Group for its Julong copper project in the Tibetan Autonomous region. The value of the order is approximately €85 million ($93 million). The comminution circuit will be one of the highest powered in China, including a Superior™ MKIII primary[…]
Leading technology and products have been added to the FLSmidth stable with the TK Mining acquisition, strengthening FLSmidth’s comminution portfolio even further. Craig Brickhill, FLSmidth’s Regional Product Line Manager – Milling and HPGR, highlights that the FLSmidth brand now encompasses the best solutions, equipment and expertise from across the flowsheet. He comments: “On the grinding[…]