Perenti says it has signed an agreement to divest MinAnalytical Laboratory Services Australia Pty Ltd, a Perenti subsidiary, to ALS Ltd in a deal worth A$43.6 million ($31.2 million). Of the total consideration for the transaction, A$39 million relates to shares in MinAnalytical, with an additional $4.6 million for prepayments and other financial adjustments. The[…]
New mineral exploration rig use figures released by IMDEX have revealed strong growth in major mining regions across the globe. The rig use snapshot, which account for seasonal factors, were contained in an IMDEX presentation to the Macquarie WA Forum on December 2. They were taken in October and updated a similar assessment conducted by[…]
Canada’s Digital Technology Supercluster has announce the launch of the Earth X-ray for Low-Impact Mining project. This project will deliver a new Discovery Platform that will help mining exploration companies to precision-target deposits beneath the Earth’s surface in a way that changes the economics of discovery and increases the sustainable production of critical mineral resources[…]
The South Australia Government says it will extend its Accelerated Discovery Initiative (ADI) until 2025, committing another A$11.5 million ($8.2 million) to the program. The ADI provides co-financing to mineral exploration activities to attract greater exploration investment, bringing forward new mineral resource discoveries, jobs, Aboriginal employment opportunities and royalties, according to the government. It also[…]
Bemisa Holding SA has awarded Ausenco the Conceptual and Basic Engineering for the second phase of the Água Azul gold project in Pará, Brazil, the mine engineering and consultancy company says. Applying its cost-effective design approach and extensive gold project experience in the country, Ausenco says it will design a 1.5 Mt/y gold processing facility.[…]
Chrysos Corporation says it has reached an agreement with Ravenswood Gold for the installation of a custom-built Chrysos PhotonAssay™ facility on site at its namesake gold mine in Queensland, Australia. Originally developed at Australia’s national science agency, CSIRO, Chrysos PhotonAssay is billed as delivering faster, safer and more accurate gold analysis, and is an environmentally-friendly[…]
Cornish Lithium Ltd, the innovative mineral exploration and development company based in Cornwall, UK, has announced that it has secured a transformational investment package of up to £18 million from TechMet Ltd, a leading technology metals investment company. “Securing long-term investment from TechMet is a significant step forward for Cornish Lithium and allows the company[…]
Burgex Inc Mining Consultants has announced newly acquired in-house capabilities to provide high accuracy mapping of surface and underground mine workings with the addition of the ExynPak from Exyn Technologies to its fleet of mining and mineral exploration solutions. With a gimballed Velodyne LiDAR sensor and the ability to provide real-time 3D mapping with survey-grade[…]
Norwegian deep sea mineral exploration company Adepth Minerals AS has received a NOK11.7 million grant from Innovation Norway – triggering investment in state-of-the art FlexiCore technology and enabling collection of deep sea mineral core samples in 2022. Together with cooperation partners Seabed Solutions and DeepOcean, Adepth Minerals will develop FlexiCore – a core sampling solution[…]
Micromine has revealed a new strategy to improve product clarity, deliver end-to-end, integrated digital solutions, and better serve its clients at Momentum 2021, a virtual conference for geo-professionals and mining specialists. Hosted by international mining software developer Micromine, Momentum 2021 was attended by thousands of mining and exploration professionals hoping for an exclusive first look[…]