Orexplore Technologies has commenced trading on the Australian Securities Exchange (ASX), following its demerger from Swick Mining Services Limited. As part of this process, the company raised A$2.44 million ($1.76 million) at A$0.25 per share from existing Swick shareholders through a priority offer of shares, in addition to the A$12 million seed funding amount through[…]
Global provider of geochemical laboratory services for the exploration and mining industries, MSALABS, recently signed in October 2021 a Heads of Terms with Modern Mining Testing Company in the Kingdom of Saudi Arabia “which will seek to establish a major hub laboratory in the region for the analysis of mining samples from within Saudi Arabia[…]
Sometimes, turnkey software solutions only partially fulfill a company’s needs and do not always meet its requirements; the company may want to go beyond standard jobs by customising specific processing route. This could see a company engage software developers to come up with in-house solutions that answer their needs – something that is challenging to[…]
Pixxel, an edge earth-imaging technology company, has announced an early adoption partnership with Rio Tinto spanning mineral exploration, active and closed mine site monitoring and ESG metrics. Pixxel’s imaging satellites, capable of 5 m hyperspectral imaging, will help Rio Tinto assess the benefits the technology may provide in these areas, the company said. Rio will[…]
Geodrill Limited says it has been awarded significant multi-rig long-term drilling contracts with Perseus Mining Ltd to carry out exploration work at its projects in Ghana and Côte d’Ivoire. The contracts with Perseus are to be completed by August 2023 using up to 15 drill rigs from the company’s existing fleet, generating revenue in excess[…]
Boart Longyear is updating its LF™160 surface coring drill rig with, among other things, an inner tube that will allow drillers to retrieve a full 6-m inner tube out of the rod string using the wireline winch. In addition, Boart is adding foldable walkways and Cummins Tier 3 engines to add efficiency and safety to[…]
Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina, an undeveloped brine project that, Rio says, has the potential to have one of the lowest carbon footprints in the industry and can help deliver on the company’s commitment to decarbonise its portfolio. The agreement has been signed with[…]
Novo Resources Corp has advised that Phase 2 mechanical sorter trials using a Steinert KSS 100F LIXT fine mechanical sorting unit have commenced at the Nullagine gold project, in Western Australia. Over recent weeks, the sorter infrastructure has been mobilised, constructed and commissioned adjacent to the company’s Golden Eagle processing plant at Nullagine. Fifty samples[…]
Southern Innovation, a developer and manufacturer of state-of-the-art real-time materials analysis equipment for the global mining industry, says it has taken a strategic step forward in sales and marketing with the appointment of Steve Russell as Head of Sales and Business Development. Russell, currently Director of Mining at Scott Automation & Robotics, joins the Southern[…]
Ahead of the Future Minerals Summit set to be held in Riyadh, Saudi Arabia from 11-13 January, 2022, IM Editorial Director Paul Moore had the opportunity to talk with the Vice-Minister of Mining Affairs for the Ministry of Industry and Mineral Resources of the Kingdom Saudi Arabia, His Excellency Khalid Al-Mudaifer, who also happens to[…]