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[…]
STRACON Group, a leading provider of state-of-the-art underground and surface mining services to the Americas, today announced that its subsidiary, Dumas Contracting Ltd, has been awarded a five year service contract covering all underground development and production activities at SilverCrest Metals Inc’s Las Chispas mine in Sonora, Mexico. “I want to thank SilverCrest for the opportunity to[…]
Weir Minerals Africa has manufactured a 20-way cluster of Cavex® 500 CVX hydrocyclones for a gold project in West Africa. This hydrocyclone delivers exceptional operational efficiencies, reduced wear and consistent metallurgical performance, the OEM said. With a design built for longevity, this unit is anticipated to exceed a 20-year lifespan because of its easily replaceable[…]
Epiroc released its Q4 2023 results today, and the overall trend with regard to mining was very positive. In the quarter, Epiroc’s order intake increased to MSEK 14,388, corresponding to an organic growth of 7%. Within mining specifically, the activity levels were high, and the OEM won several large orders. Mining customers represented 84% (79) of[…]
Sandvik Mining and Rock Solutions and Barrick Gold Corporation have extended a global framework agreement, enhancing the long-term partnership between the OEM and mining major. Sandvik and Barrick will aim to improve safety, productivity and sustainability through implementing the latest technology advancements. The agreement will be guided by operational and relationship key performance indicators, the[…]