Archives: Mineral project development

Ferrexpo’s decarbonisation and electrification plans in Ukraine are continuing to accelerate, with the company confirming it will make a decision by the end of the year on the selection of a provider for the installation of pantograph network to enable trolley assist haulage at the group’s iron ore mines. The iron ore pellet producer previously[…]

Mastermyne Group has been selected by Constellation Mining Pty Ltd, a subsidiary of QCoal Group, to operate its Cook Colliery metallurgical coal mine in Central Queensland, Australia. The project will be restarted over two distinct phases with the first phase commencing immediately, according to Mastermyne. The Stage 1 works will see the company re-commence the[…]

Freeport Indonesia’s (PTFI) Grasberg Block Cave (GBC) operations in Indonesia, together with strong Redpath support, have successfully attained the milestone of constructing and blasting the 300th drawbell. The milestone, which occurred on June 30, 2021, came in a record time of only 2.5 years from the production start date, according to Redpath. The same production[…]

FLSmidth and thyssenkrupp Industrial Solutions AG (a fully owned subsidiary of thyssenkrupp AG) have reached an agreement that FLSmidth will acquire thyssenkrupp’s Mining business (TK Mining) for a total consideration (enterprise value) of €325 million, corresponding to approximately DKK 2.4 billion. Closing of the transaction is expected in H2 2022 and is subject to customary[…]

Anglo American in its just released Interim Results for 2021 has given an update on its FCEV (hydrogen fuel cell-battery hybrid) mining truck project development, which is in its final stages. The results presentation showed an image of the Komatsu 930E 291 t class truck ready for conversion and the mining group said that final[…]

Nouveau Monde Graphite has launched civil construction works at its flagship Matawinie graphite mining project in Saint-Michel-des-Saints, Québec, having steadily advanced detailed engineering and engaged in the procurement of key service providers, long-lead equipment and contractors to deliver the project, billed as a “zero-emission mine”, in Québec by the end of 2023. One of these[…]

Rio Tinto has committed $2.4 billion to the Jadar lithium-borates project in Serbia, one of the world’s largest greenfield lithium mining and processing projects. The project remains subject to receiving all relevant approvals, permits and licences and ongoing engagement with local communities, the Government of Serbia and civil society. The Jadar project would scale up[…]

Rio Tinto has approved a $108 million investment in underground development to enable early orebody access and undertake orebody characterisation studies for underground mining at the Kennecott copper operations in the US located in Utah near Salt Lake City. The mine is also commonly known as Bingham Canyon. The investment builds on $25 million approved[…]

Yamana Gold has reiterated a plan to minimise the amount of carbon emissions generated with the development and operation of the Wasamac gold project in Quebec, Canada, in its first study since acquiring the asset from Monarch Gold. Monarch, prior to being taken over by Yamana Gold, had laid out plans for an underground mine[…]

Metso Outotec has signed a major engineering and technology contract as well as licence agreements for the delivery of what it says is a landmark copper smelter complex to be built in Gresik, East Java, in Indonesia. The project owner is PT Freeport Indonesia, with PT Chiyoda International Indonesia being the engineering, procurement and construction[…]