Archives: Precious metals

Newmont says it will sell its Akyem operation in the Republic of Ghana to China’s Zijin Mining Group under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont’s ongoing program to divest non-core assets as the company makes a strategic shift to focus on its Tier 1[…]

Epiroc says it has won a large order for surface mining equipment from Newmont in Australia, with a fleet of Epiroc Pit Viper 231 and SmartROC D65 drill rigs set to be used at the Boddington gold and copper mine in Western Australia. The rigs, which will be operated tele-remotely, will replace an older fleet[…]

NRW Holdings Limited has been awarded a contract by Evolution Mining (Mungari) Pty Ltd, a wholly owned subsidiary of Evolution Mining Limited, for surface mining at Castle Hill. The project is in the heart of the Goldfields, 50 km northwest of Kalgoorlie and 40 km north of Coolgardie, ideally situated to allow NRW to engage[…]

In a significant stride towards sustainable mining, Clean TeQ Water has signed a Letter of Intent (LOI) with Harmony Gold Mining Company Limited and StitchWise Pty Ltd to launch a commercial demonstration of its innovative ATA® Dewatering Technology. The demonstration will take place at Harmony Gold’s St Helena mine tailings storage facility in South Africa.[…]

Cementation Americas has become the latest miner to add a Cat R2900 XE loader to its equipment fleet, with the contractor set to deploy the diesel-electric LHD at New Gold’s Rainy River project in Ontario, Canada. The company made the announcement on LinkedIn, referring to the loader as “Caterpillar’s innovative solution” designed to handle bigger[…]

The Gekko Systems team has announced a major landmark with the sale of its 200th production scale InLine Leach Reactor (ILR) to Marmato Mine in Colombia, operated by Aris Mining Colombia. The InLine Leach Reactor was invented in 1997 by Gekko’s Technical Director and Co-Founder Sandy Gray one year after the start-up of Gekko in 1996.[…]

Wärtsilä will supply the engines and auxiliary equipment for a power plant being installed at the Boto gold mine in Senegal. The order, which was booked by Wärtsilä in the March quarter of 2024, has been placed by Africa Power Services (APS), the France-based main contractor for the engineering, procurement and construction of the power[…]

Metso is expanding its flotation portfolio with a new innovative solution, the FloatForce®+ mixing mechanism. With FloatForce®+, part of Metso’s Planet Positive offering, Metso introduces a plug-and-play solution that it says maximises metallurgical recovery, boosts pumping efficiency, and reduces energy consumption, helping customers recover valuable materials and increase revenue. Launched in 2006, Metso adds that[…]

The Navoi Mining and Metallurgical Company, a major gold producer, is implementing a three-year roadmap toward the expanded use of renewable energy to power its operations, it says. The $450 million program is in line with efforts by the government of Uzbekistan to boost the share of renewable energy to 40% of the country’s total[…]

Sandvik Mining and Rock Solutions has officially opened its newest facility, in the Campbell Heights business park area of Surrey, British Columbia. This strategic addition to Sandvik’s Canadian network comes as part of the company’s commitment to enhance customer service and support amid evolving industry demands. The Surrey facility, spanning nearly 40,000 square feet, will[…]