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[…]
Newmont says it has delivered over $1 billion in annual synergies, significantly exceeding the initial value commitment of $365 million a year following the company’s acquisition of Goldcorp in April of 2019. All while doing it six months ahead of schedule. More than three quarters of the synergy value has been generated by focusing on[…]
Perenti Limited’s African Underground Mining Services (AUMS) subsidiary, through its UMA joint venture, has been awarded a new, circa-A$630 million ($418 million), 60-month contract at the Newmont Subika underground gold mine in Ghana, the ASX-listed company says. The term of the contract is effective from January 1, 2023. UMA is a joint venture (70:30) between[…]
Eriez says it has won a contract to supply its HydroFloat technology to OZ Minerals’ Carrapateena copper-gold project in South Australia. The project’s goal is to increase the recovery of copper and gold from the ore through a more efficient and sustainable extraction process, Eriez says. James Cooke, Eriez Australia Managing Director, said: “This is a significant milestone[…]
Hudbay Minerals Inc says it has signed a new 10-year power purchase agreement with ENGIE Energía Perú for access to a 100% renewable energy supply to Hudbay’s Constancia operations in Peru. Following the end of the current power supply agreement in Peru, energy will be supplied by ENGIE Energía Perú starting on January 1, 2026,[…]
With the aim of ramping up production at the Detour Lake gold mine in Ontario, Canada, Agnico Eagle Mines has commissioned four Cat® 798 AC haul trucks at the open-pit operation. These trucks, which come with a 372-t payload and are electric drive, were introduced to the market in 2019, joining the mechanical-drive Cat 797F[…]
Hydro has signed an agreement with Glencore, who will acquire 30% of the Brazilian alumina refinery Hydro Alunorte and Hydro’s 5% ownership in the Brazilian bauxite producer Mineracao Rio do Norte (MRN). Glencore will acquire an additional 40% stake in MRN, which is currently owned by Vale. This 40% interest will be acquired by Hydro from[…]
MMG says the new solar farm at its Dugald River operations in Australia has hit the commerical operation milestone, two months after construction was completed. Reporting in its March quarter results, the company said it expected the solar project to reduce the mine’s carbon footprint and provide immediate energy cost savings, with approximately one-third of[…]
It has been all change underground at Sukari for Centamin, with a switch to the owner-operator model – from contractor-led operations – likely to be followed by a transition towards an electric fleet at the gold operation in Egypt. Having successfully grown the underground reserves by 200% in 2021, extending the life of mine in[…]
ArcelorMittal Mining Canada says it has reached another milestone in its energy transition by becoming the first mining company in Québec and the first company on the North Shore to use electric buses to transport its workers. The eight buses that will be used by ArcelorMittal were manufactured in Saint-Jérôme by the Lion Electric Company.[…]