Archives: Precious metals

Orica has entered into a binding agreement to acquire 100% of the common stock of Cyanco from an affiliate of Cerberus Capital Management for US$640 million. The acquisition of Cyanco, a US-based leader in the manufacture and distribution of sodium cyanide primarily serving the gold mining industries in the US, Canada, Mexico, Latin America, and Africa,[…]

MacLean Equipment USA, the US-based business of the global manufacturer MacLean Engineering, will be sharing its mining equipment innovation expertise at two technical sessions at the upcoming SME 2024 convention in Phoenix, Arizona, from February 25-28. US Branch Manager Tara MacLean will be chairing the Applications and Design Considerations for Battery Equipment in Mining, on[…]

Australian mining company De Grey Mining Ltd has awarded Metso orders for a Superior™ MKIII 50-65 primary gyratory crusher and two 14 MW Premier™ ball mills. The equipment will be installed at De Grey Mining’s Hemi Gold Project located in the Pilbara region of Western Australia. The combined order value of over €20 million is booked[…]

Hexagon’s Mining division has announced a partnership with Rio Tinto to deploy over 200 Hexagon Collision Avoidance Systems (CAS) at the Oyu Tolgoi copper-gold open pit mine in Mongolia, including on the 30-strong 290 t class Komatsu 930E-4SE haul trucks fleet as well as the loading tools which include two Caterpillar 7495HR rope shovels as[…]

Anglo American and Finnish Minerals Group have signed a memorandum of understanding (MoU) to work together to explore opportunities to, they say, further support Finland’s battery strategy. Finnish Minerals Group is a holding and development company that manages the Finnish Government’s mining industry shareholdings and supports the development of the Finnish battery value chain. Among[…]

Agnico Eagle is reflecting on a series of gains it has made on the asset management front, just over three years after beginning a project focused on maximising the value of its assets, ensuring peak performance and building resiliency while managing risk. This journey started at its Arctic gold mining operations in Nunavut. Facing logistical[…]

Ma’aden is among the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East. It pioneered the mining industry in the Kingdom of Saudi Arabia, building a world-class, unique and fully integrated mining value chain. It also recognises the importance of technology and innovation in terms of[…]

GCR Mongolia, a joint venture between Gobi Infrastructure Partners and RUC Mining, says it has reached a depth of 1,000 m on Shaft #4 at the Oyu Tolgoi mine in Mongolia. On the achievement, RUC Mining said: ­“This achievement is a testament to the unwavering dedication and efforts of our exceptional shaft sinking project team.”[…]

It’s home to one of Europe’s deepest mines – and now a small town in central Finland could host the continent’s first full-scale gravity energy store. The community of Pyhäjärvi, with just 5,000 inhabitants, lies 450 km north of Finland’s capital, Helsinki. Nearby lies Pyhäsalmi mine – Europe’s deepest zinc and copper mine – owned by[…]

Artemis Gold Inc has provided an update on Q4 construction progress at the Blackwater mine in central British Columbia. The project remains fully funded, within the guidance for initial capital expenditure, and on schedule for first gold pour in H2 2024. At December 31, 2023, overall construction was 59% complete, and approximately C$389 million of[…]