Archives: Precious metals

Perenti Limited says its Barminco business has been awarded a new development contract with Spartan Resources Ltd and extensions to four existing projects. The scope of the Spartan Resources contract includes the construction of an underground exploration drill drive at the Dalgaranga gold project in the Murchison region of Western Australia. The drive has been[…]

Coordinating Minister of Economy Airlangga Hartarto and Investment Minister/Head of Investment Coordination Agency BKPM Bahlil Lahadalia, accompanied by PT Freeport Indonesia (PTFI) President Director Tony Wenas, formally launched commencement of PTFI’s new copper smelter recently in the Java Integrated Industrial and Port Estate (JIIPE) Special Economic Zone (SEZ) in Gresik, East Java. “I can only[…]

Navoi Mining and Metallurgical Combine (NMMC), the world’s fourth-largest gold producer and Central Asia’s largest gold miner, has set an ambitious goal to implement 11 projects with a total value of $1 billion in 2024 under its ongoing Investment Program. The program, designed to boost gold production, highlights NMMC’s commitment to growth and innovation in[…]

Centamin PLC has announced early completion of its waste stripping programme at the Sukari gold mine in Egypt. Since production began in 2009 Sukari has produced over 5.7 Moz of gold, and today has a projected mine life to 2035. The operation has completed the 120 Mt volume component ahead of the fixed four year[…]

Serabi Gold is planning for the start-up a second sensor-based sorting solution from COMEX as it looks to commence operations at its Coringa project, in Brazil. The company confirmed in its June quarter results that construction of the classification plant was well underway at Coringa, with the crusher expected to be operational in August and[…]

Newmont Corporation’s Africa Business unit, has deployed the Cat® diesel-electric R2900 XE loader at Subika Underground mine in Ahafo South. The mining equipment, the first of its kind to be used in Africa, marks a significant milestone in Newmont’s commitment to reduce its global environmental footprint, in pursuant of the company’s ambitious goal of zero[…]

Sandvik has received a major underground mining equipment order from Australian-based Evolution Mining. The order was booked in the second quarter and valued at approximately SEK 300 million. Deliveries are scheduled through Q2 2025. The order includes Sandvik’s advanced underground loaders, trucks and development drills, to be implemented in different mines in Australia. “We are very[…]

Swift says it has signed a renewal agreement to provide 24/7 technical support services for 36 months and entertainment services for 12 months to the accommodation village at the Tropicana gold mine in Western Australia (AngloGold Ashanti 70% and manager, Regis Resources Ltd 30%). This contract includes the provision of remote and on-ground technical support[…]

Komatsu says it has completed its acquisition of GHH Group GmbH (GHH), a manufacturer of underground mining, tunnelling and special civil engineering equipment headquartered in Gelsenkirchen, Germany. GHH’s wide range of equipment, focused on loaders (LHDs) and articulated dump trucks, it says “will enhance Komatsu’s growing underground mining product offerings. This includes aftermarket parts and[…]

ISN, a leader in contractor and supplier information management services, has announced that SSR Mining Inc has selected ISNetworld as its primary contractor information management system for its Seabee 0perations, a high-grade underground gold mine in Saskatchewan, Canada. As part of the agreement, ISN will assist SSR Mining’s Seabee operations with enhancing its contractor management[…]