Metso Outotec has become the latest company to join the Coalition for Eco Efficient Comminution (CEEC) as a new sponsor, with the OEM’s President and CEO, Pekka Vauramo, noting that the company’s sustainability focus aligns with CEEC’s objective to promote eco-efficient minerals. CEEC’s vision is to accelerate the implementation of eco-efficient comminution practices through promotion[…]
Vale says it has signed a Memorandum of Understanding (MoU) with Jiangsu Shagang Group Co Ltd in which both agree to pursue opportunities to develop steelmaking solutions focused on reducing CO2 emissions. Vale and Jiangsu Shagang intend to develop economic feasibility studies of (i) usage of products with a lower carbon footprint in ironmaking process,[…]
The unique challenges the mining industry will face over its 30-year journey to decarbonisation are still being unpacked as it decides how to use enabling technologies and solutions, according to Nicholas Russell, Senior Mechanical & Mining Engineer at Worley. “The journey to net-zero requires flexibility,” he said. “And we need to incorporate that flexibility from[…]
Following the completion of all construction and commissioning activities, Polymetal’s Nezhda mine successfully produced first gold and silver concentrate on October 16th. This is two weeks ahead of the previously announced target date of November 1st. The concentrator now enters a ramp-up period, and is expected to reach its nameplate capacity of 180,000 oz/y and[…]
Metso Outotec says it has been awarded a contract for the delivery of several horizontal grinding mills and thickeners to a greenfield nickel project in Indonesia. The value of the order is approximately €24 million ($28 million), and it has been booked in the Minerals business Q3 (September quarter) 2021 orders received, the company said.[…]
On October 15, China’s Zijin Mining released its Q3 2021 report, which detailed a net profit of CNY11.3 billion for the first nine months of the year, the first time it has broken through the CNY10 billion mark. This equates to some $1.76 billion, meaning it is rapidly positioning itself among the global Tier 1[…]
Timegate and Sandvik Mining and Construction Oy have performed the world’s first trials of measuring mineralogy of high-speed drill cuttings by using Timegated® Raman spectroscopy. The experiment is part of the H2020 GoldenEye project and was carried out last week in Sandvik’s Test Mine in Tampere, Finland. In total, 18 different samples from six mines[…]
South32 has entered into two binding conditional agreements with Sumitomo Metal Mining and Sumitomo Corporation (collectively Sumitomo) to acquire a 45% interest in the Sierra Gorda copper mine in Chile’s prolific Antofagasta copper region for an upfront cash consideration of $1.55 billion. Sierra Gorda is an operating mine in the prolific Antofagasta copper mining region,[…]
Rio Tinto says it is progressing an innovative new technology to deliver low-carbon steel, using sustainable biomass in place of coking coal in the steelmaking process, in a potentially cost-effective option to cut industry carbon emissions. Over the past decade, Rio Tinto has developed a laboratory-proven process that combines the use of raw, sustainable biomass[…]
Indonesia’s President Joko Widodo on October 12 officiated at the groundbreaking ceremony for PT Freeport Indonesia’s (PTFI) new copper smelter at the Special Economic Zone Java Integrated Industrial and Port Estate (SEZ JIIPE) in Gresik, East Java. The $3 billion smelter will have a 1.7 Mt/y copper concentrate and 600,000 t/y copper cathode capacity plus[…]