Hitachi Construction Machinery Co Ltd (HCM) has acquired an approximately 12% equity holding in Envirosuite Ltd for A$10 million and as such has become its largest single entity shareholder. This investment will be made in two instalments, with the first investment in September acquiring approximately 11% of the company’s shares, followed shortly by another investment[…]
Next year, 2025, will be the 35th year in business for Amalgamated Mining and Tunnelling, based in Edmonton, Alberta. What started out as a simple rebuild/refurb facility in 1990 has become a global player in underground machine rebuilds, new equipment sales and rentals, parts supply and other services. IM Editorial Director Paul Moore sat down[…]
Normet, looking to lead the electric tranformation in the industry, has announced that it has acquired the full ownership of Lekatech. Earlier in 2023, Normet announced its minority investment in Lekatech, a Finnish start-up company founded in 2018 with the ambition to revolutionise hammering technologies by introducing linear electric technology for hammering applications. Lekatech calls[…]
ABB is working on a new fast charging solution under its eMine™ ecosystem that will represent a 10-fold increase in capacity compared with its previous 600 kW solution, Nic Beutler, Global eMine Solutions Manager, told IM this week. Speaking on the sidelines of a trip to Boliden’s Rävliden mine in northern Sweden, Beutler said ABB[…]
BQE Water Inc, a leader in mine water management, has announced that Elsa Reclamation & Development Company Ltd (ERDC) has contracted the company to design, supply, install and commission a new water treatment plant (WTP) for the closure of legacy Valley Tailings Facility (VTF) near Mayo, Yukon, on the traditional territory of the First Nation[…]
Rio Tinto’s Iron Ore Company of Canada (IOC) is celebrating its 70th anniversary, marking seven decades as a leading North American producer and exporter of premium iron ore pellets and high-grade concentrate. Over its history, IOC has been a pioneer in responsible iron ore production, making substantial contributions to the economy and local communities. This[…]
South32 says a commitment to improving its safety performance is at the heart of the latest initiative at Cerro Matoso (CMSA) – the first remotely operated Caterpillar D9 bulldozers in Colombia. Cerro Matoso is a major ferronickel producer, consisting of an open pit nickel laterite mine and ferronickel smelter. Through a partnership with RELIANZ, the Colombia[…]
MacLean has entered into a dealer agreement with ULE Equipment Company, the full-service heavy equipment specialists based in Mongolia, that, it says, will improve MacLean parts support and field service capabilities at the Rio Tinto majority-owned Oyu Tolgoi copper-gold mine in the Southern Gobi Desert. The partnership between MacLean and ULE offers Oyu Tolgoi a[…]
Earlier this year, IM Editorial Director Paul Moore had the chance to visit the Remote Monitoring Center for Gold Fields’ Salares Norte gold mine in Chile with Reynaldo Martinez, Asset Management and Operational Performance Manager. The centre is in downtown Santiago, some 1,500 km from the mine and plant. The first gold was produced on March[…]
Anglo American-owned iron ore miner Kumba says it has now completed a full technical review of its ultra-high-dense-media-separation (UHDMS) processing technology project at its Sishen mine in the Northern Cape of South Africa. Following this review Kumba has announced board approval for a further ZAR7.6 billion investment in the UHDMS project, in addition to the[…]