NEWS

Teck Resources has agreed to sell its entire interest in its steelmaking coal business, Elk Valley Resources (EVR), through a sale of a majority stake to Glencore for an implied enterprise value of $9.0 billion, and a sale of a minority stake to Nippon Steel Corporation (NSC). The sale of Teck’s steelmaking coal business at[…]

Green Gravity and Complexul Energetic Valea Jiului SA (CEVJ) have executed a Cooperation Framework Agreement to explore the application of Green Gravity’s innovative energy storage technology in 17 mine shafts at four mining operations in the Valea Jiului in Romania. The agreement outlines the scope and objectives of a joint study to assess the technical, economic[…]

Exyn Technologies has appointed Brandon Torres Declet as CEO to drive its next phase of growth, overseeing all aspects of Exyn and looking to expand its geospatial product offerings to customers worldwide, the company says. With a career spanning over 25 years, Torres Declet brings an extensive background in the drone industry as a successful[…]

Orica and Caterpillar Inc have confirmed they are teaming up to improve real-time data exchange and integrate workflows across the mining value chain. The collaboration is aimed at providing customers with intelligence to improve decision making and optimise their entire operations, with the announcement following a mention of this tie-up in Orica’s most recent FY2023[…]

On November 11, Chinese mining equipment major XCMG Group held an open-pit mine green and intelligent construction exchange conference in Xinjiang, with the theme of “advancing with wisdom and moving towards new lines” to seek new ideas for the development of the mining industry. Autonomous haulage & loading technology company WAYTOUS, which is closely tied[…]

Rhosonics, a global leader in non-nuclear slurry density meters, has unveiled its third-generation product, the SDM ECO. The SDM ECO is a significant advancement in slurry density measurement technology, according to the company, offering improved accuracy, reliability and user-friendliness. The product preludes a new era of slurry density measurements, Rhosonics says. The SDM ECO uses[…]

Epiroc says it is taking actions to promote efficiency within its Tools & Attachments segment, consolidating its European manufacturing of hydraulic attachment tools to improve competitiveness. As a result of this move, the manufacturing facility in Essen, Germany, will be closed, Epiroc said. Epiroc will consolidate the hydraulic attachment tools manufacturing in Europe to other[…]

Metso is expanding its service centre in Mesa, Arizona, to, it says, support the growing needs of mining customers, primarily in the copper segment, which plays a crucial role in supporting a responsible energy transition. In addition to expanding its service and repair capabilities, a cutting-edge training centre will be built to continue to improve[…]

A bespoke end-to-end switchgear and circuit breaker solution from ABB Electrification is powering up a new solar plant at Kinross Gold’s Tasiast operation in Mauritania, which is looking to significantly reduce emissions via the use of renewable energy. The Tasiast project has recently increased capacity to 24,000 t/d of gold while reducing costs. To help[…]

Ahead of AECI’s 100th anniversary, the South Africa-based company has announced that it aims to double the profitability of its core mining and chemicals business by 2026 and to become a global top three integrated mining explosives and chemicals solutions provider by 2030. These ambitions were laid out at a recent Capital Market Day, where[…]