Archives: Mineral commodities

Coordinating Minister of Economy Airlangga Hartarto and Investment Minister/Head of Investment Coordination Agency BKPM Bahlil Lahadalia, accompanied by PT Freeport Indonesia (PTFI) President Director Tony Wenas, formally launched commencement of PTFI’s new copper smelter recently in the Java Integrated Industrial and Port Estate (JIIPE) Special Economic Zone (SEZ) in Gresik, East Java. “I can only[…]

Navoi Mining and Metallurgical Combine (NMMC), the world’s fourth-largest gold producer and Central Asia’s largest gold miner, has set an ambitious goal to implement 11 projects with a total value of $1 billion in 2024 under its ongoing Investment Program. The program, designed to boost gold production, highlights NMMC’s commitment to growth and innovation in[…]

Weir, a global leader in innovative mining technology, has launched the all-new ENDURON® Orbital range of vibrating screens. Engineered for sand and aggregate, construction, and small tonnage mining operations, the new screens it says are designed to meet the most demanding of applications. Featuring an all-bolted construction, the screens “significantly improve reliability by eliminating welding[…]

All conditions have now been satisfied for Rio Tinto’s investment to develop the Simandou high-grade iron ore deposit in Guinea, including the completion of necessary Guinean and Chinese regulatory approvals. The transaction is expected to complete during this week. Along with the recent approval by the Board of Simfer, this allows Simfer to invest in[…]

Escondida | BHP has submitted an Environmental Impact Statement (DIA) to Chile’s Environmental Impact Assessment System (SEIA), to advance its project ‘Implementation of the Mining Truck Electrification System in Escondida Norte’ which seeks to assist the transportation of mining trucks to the interior of the mine using a trolley system. The project considers the construction of[…]

The global market for quartz has been growing steadily and this trend is set to continue, demanding increasingly high purity levels. This demand comes from different industries, which have varying requirements, so that the most precise mineral sorting is needed. This can be achieved with sensor-based colour and laser sorting technologies – applied individually or[…]

Sandvik Mining & Rock Solutions has announced the delivery of the latest 63 t class TH663i truck as part of an order for six units that was awarded last year by customer Grupo Minero Carola-Coemin in Chile. The OEM says this truck stands out for its ability to raise sustainability, safety and technology indexes. “The[…]

Liebherr is growing in the Australian market and has been making some really significant investments to reflect that. This includes expanding its Perth mining facility, adding 47,000 m2 of workshop, office and build space to the complex. Perth is Liebherr-Australia’s second largest branch after the company’s head office in Adelaide, South Australia. Ahead of The[…]

Latrobe Magnesium Ltd has announced the completion of commissioning for the first phase of its 1,000 t/y, Stage 1 Demonstration Plant, successfully producing the world’s first environmentally sustainable MgO from fly ash – a waste resource from brown coal power generation. It says this marks a significant milestone in pioneering a sustainable magnesium extraction method,[…]

Caterpillar Inc has released its 2023 Annual Report, Sustainability Report, Diversity & Inclusion Report and Lobbying Report. Starting with the full annual report and looking at Caterpillar’s overall 2023 results, the numbers are good, but don’t actually represent overall increased sales volume, rather better achieved pricing. Resource Industries’ total sales were $13.583 billion in 2023,[…]