Archives: Precious metals

RCT’s ControlMaster® Line of Sight dozer solution has another customer reference to hand, following a recent deployment at OceanaGold’s Macraes operation in New Zealand. The operation installed and commissioned a RCT solution to its Cat D10T2 dozer, allowing the machine to be remotely operated in higher-risk areas of the open-pit operations, OceanaGold said. RCT confirmed[…]

In its just released 2021 Annual and Sustainability report, Australian gold mining major Evolution Mining reiterated its commitment to Net Zero greenhouse gas emissions by 2050 and 30% reduction by 2030 – aligned with the Paris Agreement. It included some references to Scope 1 emissions reduction through use of battery electric solutions in the medium[…]

IAMGOLD on October 18 reported that heavy mobile equipment orders for owner mining had been placed with Cat dealer Toromont and Epiroc for its Côté Gold project in northeastern Ontario, adding that negotiations on autonomous technology agreements with Caterpillar, Toromont and Epiroc are well advanced. Epiroc had also detailed on October 15 the autonomous drill[…]

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[…]

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[…]

Epiroc says it has won a large order for surface mining equipment from IAMGOLD Corp in Canada that will optimise safety and productivity through advanced automation at its greenfield Côté Gold operation in Ontario. The order includes several Pit Viper 231 and SmartROC D65 drill rigs for the open-pit gold development, which is currently under[…]

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,[…]

Austin Engineering has entered into an agreement with Mexico-based equipment manufacturer Melter to broaden its product delivery and service capabilities in the US and the northern region of South America. This agreement has already delivered a significant new contract with a world-class miner, according to Austin, with Melter set to manufacture Austin-designed truck bodies for[…]

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[…]