Archives: Mineral commodities

Vale has begun commissioning the Gelado Project in Carajás, in the state of Pará, Brazil, which will produce high-quality pellet feed by reusing the iron ore tailings that have been deposited in the Gelado dam since 1985, when Vale began operating in the region. In addition to providing a sustainable destination for the tailings, the[…]

It is well known in the mining industry that the biggest mining concentrators, with the highest throughputs and largest mills, have long used gearless mill drives (GMDs). Since their introduction into the market in the 1960s, the GMD installed base has increased steadily, both with respect to cumulative install power and individual drive power. Gearless[…]

Teck Resources Ltd has announced today the reorganisation of its business to separate Teck into two independent, publicly-listed companies: Teck Metals Corp and Elk Valley Resources Ltd. The separation it said “will create two world-class resource companies and provide investors with choice for allocating investment between two businesses with different commodity fundamentals and value propositions.”[…]

Fordia Powered by Epiroc is set to unveil the DiscovOre Prime coring system at the PDAC 2023 global mineral exploration & mining conference, being held at the Metro Toronto Convention Centre from March 5-8. The new product is said to be safer, faster, and lighter. Following the 2018 launch of the DiscovOre head assembly and[…]

Saudi Arabia is using its investment power to create a more diverse and sustainable economy through its Vision 2030 initiative. This includes transforming Saudi Arabia into a leading industrial powerhouse and a global logistics hub, by maximising the value of its mining and energy sectors while unlocking the full potential of local content and the[…]

On January 30, Zijin Mining released its revised Three-Year (2023-2025) Plan and 2030 Development Goals. Among others, highlighted targets include building a largely complete global operation and management model and striving to catch up with first-rate international metal miners by 2025; and pushing up performance across the board to the top tier of the global mining industry by[…]

As of January 24, 2023 Marubeni Corporation has become a partner of the Copper Mark, it says to support the vision and goals of this framework and it will also encourage its own suppliers to participate in the Copper Mark Assurance Processes. The Copper Mark, founded by the International Copper Association (ICA), is a comprehensive,[…]

General Motors Co and Lithium Americas Corp have announced they will jointly invest to develop the Thacker Pass mine in Nevada, which is the largest known source of lithium in the United States and the third largest in the world. Under the agreement, GM will make a $650 million equity investment in Lithium Americas, which[…]

A Komatsu Joy 7LS5 shearer recently began production at Arch Resources’ West Elk thermal coal mine in Colorado, making it the sixth operating Joy 7LS5 shearer in the US. Komatsu states: “The reliable 7LS5 model shearer was introduced in 1999 to Peabody Energy Shoal Creek mine as a solution in mid-to-high seams in some of[…]

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[…]