Tag Archives: Weir Minerals

Weir Minerals completes Enduron HPGR first at mine site

Comminution of minerals, Mineral processing, Mining equipment, Mining services, , , ,

Weir Minerals continues to make inroads in the comminution market, with the company having achieved a major high pressure grinding roll (HPGR) milestone during 2023, Weir Group’s 2023 financial year results confirmed.

In a Weir Group report that highlighted flat year-on-year orders and a 16% increase in adjusted profit, the Minerals division noted a significant increase in its aftermarket solutions.

“This reflects growth in our installed base, and our increased strategic focus on this area,” Weir Group said in the results. “A particular highlight was an order from a large copper mine in South America, where our customer ordered Enduron® rollers for their HPGR.”

The installation will be the first instance of Weir Minerals’ rollers being fitted to a competitor’s HPGR, enabling the company to showcase the performance and reliability benefits of its technology, it said.

It concluded on this area: “More generally, the pipeline for our HPGR remains strong with a number of projects advancing materially throughout the year.”

Weir Minerals says the Enduron HPGR is a market proven model with the mechanical design to support efficient and durable skewing thanks to its unique bearing arrangement and control philosophy. It has a unique roll diameter-width ratio, which maximises throughput at the desired product grind. Self-adjusting cheek plates provide equal sealing distance as flanges at minimum costs, according to the OEM.

Alongside this, Weir Minerals also gained further market share in 2023 in mill circuit pumps, converting over 85% of its competitive field trials.

Weir Group marks Minerals and ESCO progress in H1 results

Base metals, Comminution of minerals, Equipment maintenance, IoT, Mining equipment, Mining finance, Mining services, Mining software, Steel and iron ore, Sustainable mining, Water management, , , , , , , , , , , , , , , , , , ,

The Weir Group has issued its half-year results to June 30, 2023, noting some significant achievements across its Minerals and ESCO divisions.

Headline numbers for the six-month period included a 19% year-on-year jump in revenues to £1.3 billion ($1.67 billion) and a 26% rise in operating profit to £212 million.

Weir Minerals continued to execute on key strategic growth initiatives, and during the first half gained market share in its core mill circuit product categories, it said.

The company said: “We converted 100% of our competitive field trials for large mill circuit pumps, and also rolled-out our latest cyclone technology.”

One highlight in the period came at a large Brazilian iron ore mine, where Weir Minerals upgraded the cyclones to its latest Cavex® 2.0 solution. The new cyclones, which are Synertrex®-enabled, have improved separation and increased mineral recovery by more than 400,000 t/y, according to the company.

Cavex 2 cyclones were launched in 2020, introducing new geometric features to offer performance unmatched by any cyclone in operation at that point, the company claimed. The advanced LIG+ design (patent pending) enables the Cavex 2 hydrocyclones to classify up to 30% more feed slurry, while occupying the same footprint as competitor hydrocyclones, according to Weir.

Weir Minerals says it also made good strategic progress in sustainable solutions during the six-month period and delivered year-on-year growth in comminution. New orders included a pebble crushing plant for a large copper mine in South America and a crushing solution for a potash mine in Canada.

The company also said it saw “very encouraging interest” from customers for its Redefined Mill Circuit, securing orders from large copper mines in South America for coarse particle flotation (CPF) pilot circuits, in partnership with Eriez.

“Through this strategic alliance, we have integrated CPF technology with our latest generation Warman® mill circuit pumps and Cavex cyclones to provide significantly improved recoveries and process efficiencies for our customers,” it said. “Once operational in the September quarter, these plants will be important reference sites for the industry.”

Around a year ago, Weir Minerals and Eriez Flotation announced a cooperative agreement to design and develop CPF systems. This allows both companies to better connect the Eriez equipment with the slurry classification and conveying expertise of Weir Minerals, according to Ricardo Garib, Division President of Weir Minerals.

Weir Minerals also launched its new, proprietary digital intelli-solutions for pumps, cyclones and high pressure grinding rolls which, coupled with its Synertrex 2.0 platform, captures critical machine health data and enables remote condition monitoring.

It concluded: “We continued to invest in research and development of our core technologies including new materials and polymers, and upgrades and range expansions for our industry leading Warman slurry pumps.”

Weir ESCO, meanwhile, reported that the number of mines using Motion Metrics™ AI-enabled vision technology increased during the first six months of the year, with new orders including a package of five ShovelMetrics™ and five LoaderMetrics™ systems to be deployed across all large mining machines at an iron ore mine in Western Australia.

“The division made excellent progress in growing market share in mining attachments, with a 37% year-on-year increase in orders,” it said. “A particular highlight included converting four cable shovel buckets from competitor products to ESCO technology for a large North American copper miner.”

The division also provided an update on trials of its proprietary ore characterisation technology, which has been leveraging the BeltMetrics™ solution from Motion Metrics positioned above a conveyor directly after the crusher in the flowsheet at an unnamed mine. As well as using the rugged vision technology Motion Metrics has previously used, the company is also incorporating hyperspectral imaging into the mix for this trial.

It reported: “Field trials of our proprietary ore characterisation technology were successfully completed during the first half. Tests enabled critical data to be collected and validated the performance of the technology in a real-world environment.”

Development has now progressed to the next phase focused on exploring “novel illumination” technologies to enhance minerals characterisation, it added.

New Motion Metrics capabilities and functions were launched during the six-month period, including an upgraded lens cleaning solution that enhances machine vision capability and improves response times.

“Other technology investments included development of a new series of mining attachments that, once launched, will expand our addressable market,” it said.

Weir Minerals opens new Salt Lake City distribution centre

Comminution of minerals, Equipment maintenance, Mining consumables, Mining equipment, Mining services, , ,

Weir Minerals says it has opened a new distribution centre in Salt Lake City, Utah, providing proximity to customers in the heart of US mining country.

The new facility boasts over 10,000 high-density pallet storage locations, 16 active docks with full safety features and four assembly bays. It will allow the company to expedite deliveries and significantly reduce lead times for customer deliveries, Weir Minerals says.

At the ribbon cutting ceremony, Jon Stanton, Weir CEO (pictured in the centre), said: “We’re confident that this centre will serve as a hub of productivity and enable us to reach new heights in terms of speed, accuracy, and customer satisfaction.”

Weir Minerals already has a Linatex facility in Salt Lake City, while its ESCO division also has a branch there.

Weir Minerals heralds 100 years of Linatex Premium Rubber

Environmental, Equipment maintenance, Mining consumables, Mining services, Sustainable mining, , , , ,

Linatex® Premium Rubber, manufactured solely by Weir Minerals Malaysia, is celebrating its 100-year anniversary as an industry leader in defence against abrasion.

The distinctive red rubber, renowned for its resilience, strength, resistance to wear and abrasion, offers exceptional performance in the harshest of mining and aggregate environments, according to Weir Minerals.

It has been field-tested in mine sites for a century, starting with the tin industry in Malaysia in the 1920s and continuing to the present day.

“Found in all the leading operations globally, it is the mining industry’s preferred first line of defence and protection against abrasion for expensive capital equipment – delivering best-in-class wear life and overall total cost of ownership,” the company says.

Brandon Greer – Processing Maintenance Supervisor, Pinto Valley Mine, Capstone, said: “I would definitely recommend the Linatex rubbers to really any mine. The life that we’ve seen is just phenomenal in comparison to what we’ve had in the past.”

Akhbayar Enkhsaikhan – Concentrator Maintenance Manager, Oyu Tolgoi Mine, added: “It significantly reduces material costs associated with changing out too frequently. On the cost side, most importantly, it enabled us to produce more copper.”

Dedicated to meeting customer demand and providing the most advanced solutions, Weir Minerals says it is continually working to modernise the manufacturing process for Linatex. The rubber manufacturing facility, located in Batu Caves, Malaysia, has recently been expanded to include a new Continuous Rubber Process (CRP2) facility, a new Banbury mixer to manufacture masticated dry rubber and additional rubber presses to support the growth within this area of the business.

The proprietary formula of Linatex Premium Rubber includes a unique liquid compounding phase which maintains the natural state and characteristics of the 95% natural rubber product, the company explains. The formula has remained unchanged since it was developed and patented in 1923 by Bernard Wilkinson. To ensure a consistent high-quality product, Linatex Premium Rubber routinely undergoes rigorous testing throughout the entire manufacturing and delivery process.

“Linatex Premium Rubber is the most sustainably manufactured rubber on the market,” Weir Minerals says. “The natural and renewable resource (pure latex is 100% sap of the rubber tree) is complemented by sustainable processes, minimal waste and a renewable solar energy system at the site.”

Brownfield expansions and sustainable mining projects boost Weir Group Q1 orders

Base metals, Comminution of minerals, Environmental, Mining equipment, Mining finance, Mining services, Sustainable mining, Water management, , , , , , , , ,

Weir Group continued to benefit from relatively high commodity prices, tightness in physical inventories of metals and minerals, and strong end market demand for commodities in the March quarter, registering a 22% boost in original equipment order growth in the three-month period.

The company said brownfield activity and sustainability projects were behind this leap in orders.

“Customers are ordering Weir solutions to debottleneck, expand and improve the sustainability of existing mines, while also increasingly engaging on new sustainability driven technologies, such as our redefined mill circuit and the Motion Metrics digital offering,” the company said in its results.

Weir Group’s “redefined mill circuit” encompasses Weir Minerals’ Enduron® high pressure grinding rolls, along with the additions of technologies from Eriez and Swiss Tower Mills (STM) Minerals, which are part of specific partnerships. These solutions are enabling it to redefine the mining mill circuit so customers can use less energy, use water wisely and create less waste during minerals processing, it says.

Weir Minerals recently announced the completion of the STM Minerals AG vertical stirred mill commissioning at the Weir Technology Hub in the Netherland. Regarding Eriez, the combination of pumps, cyclones, classification equipment, and other mill circuit products supplied by Weir Minerals, along with Eriez’s HydroFloat, StackCell®, columns and sparging systems, allows owners to take advantage of well-matched equipment designed and tested as a system, Weir says. This makes Weir a natural fit for contributing to Coarse Particle Flotation flowsheets, it added.

In terms of the Weir’s outlook, it said in its March quarter results: “The business is executing well and conditions in our mining markets are positive. High levels of activity and demand for our aftermarket spares and brownfield original equipment solutions are driving order book growth. Our guidance for 2023 is reiterated and we expect to deliver growth in constant currency revenue, profit and operating margin. We are on track to deliver our target of 17% operating margin in 2023, supported by operational efficiencies and early benefits from Performance Excellence.

“Further out, the long-term fundamentals for mining and our business are highly attractive, underpinned by decarbonisation, GDP growth and the transition to sustainable mining. We have a clear strategy to grow ahead of our markets, with specific growth initiatives underpinning our ambition to deliver through-cycle mid-to-high single digit percentage revenue growth.”

MotionMetrics-BeltMetrics

Weir eyes game-changing energy intensity reductions with ore characterisation project

Base metals, Comminution of minerals, Environmental, IoT, Mineral processing, Mining equipment, Mining software, Sustainable mining, , , , , , , , , , , , , , , , , , ,

With an extensive footprint from the rock face all the way through to tailings, it was only a matter of time before the Weir Group decided to enter the ore sorting game.

In recent years, the company has re-focused as a pureplay mining and aggregates company that can provide value throughout the flowsheet.

The company ditched its oil & gas exposure and added to its process plant and tailings remit with the acquisition of ESCO, a front-end-focused mining technology company with leading market share in the ground engaging tool (GET) segment.

Having more recently incorporated Motion Metrics into the mix – now within the ESCO division – it is embarking on a project that could have positive ramifications throughout the wider Weir Group offering.

Motion Metrics is a developer of artificial intelligence (AI) and 3D rugged machine vision technology. Its smart, rugged cameras monitor and provide data on equipment performance, faults, payloads and rock fragmentation (read: particle size distribution (PSD)). This data is then analysed using embedded and cloud-based AI to provide real-time feedback to the mining operation.

Initially developed for GET applications, these technologies have recently been extended into a suite of products and solutions that can be applied from drill and blast through to primary processing. Motion Metrics has, in the process, built up an impressive customer base and income stream, performing well since the acquisition.

Weir has outlined a £500 million-plus ($604 million-plus) emerging digital market opportunity for the entity, with much of this hinged on rugged machine vision technology, its sophisticated digital platform and the ability to add ore sensing to its offering.

This became clear at the company’s recent Capital Markets Day during a presentation from Chris Carpenter, VP of Technology for Weir ESCO.

Sensing, not sorting

At this event, Carpenter said the company was combining Motion Metrics’ PSD capability with ore characterisation technology to explore high-value opportunities for its clients.

“Looking further out, we believe ore characterisation…has the potential to transform mining by moving less rock, using less energy and creating less waste,” he said during his presentation. “Ore characterisation technology, which is underpinned by sophisticated sensing systems, captures critical data on properties and composition of rock, including rock hardness and mineral and moisture content.”

“When coupled with Motion Metrics fragmentation analysis technology, it has the potential to be a game changer, giving miners a full picture of the size and characteristics of rocks.”

Weir has outlined a £500 million-plus emerging digital market opportunity for Motion Metrics, with much of this hinged on rugged machine vision technology, its sophisticated digital platform and the ability to add ore sensing to its offering

This concept is not new. Measuring the quality of ore has been spoken of for decades and, more recently, has become a reality with the likes of MineSense, NextOre, IMA Engineering, Scantech, Malvern Panalytical and Rados International, among others, all having trialled technology or deployed commercial solutions across multiple commodities and sites.

Metso Outotec, one of Weir Minerals’ big competitors in the plant and tailings arena, has also spoken of the potential for bulk ore sorting by using its existing portfolio of material handling modules, crushing stations, mobile crushing equipment and bulk material handling solutions as the basis, while incorporating sensors from other vendors.

Weir believes it is one step ahead of its OEM counterpart in its pursuit of ore sorting, even if Carpenter is only referring to the trials currently being conducted at an unnamed copper mine as “ore characterisation” studies.

“With the acquisition of Motion Metrics, what we essentially bought was the ruggedised vision systems used in both mobile and fixed applications,” he told IM in January. “While the ore sensing piece is by no means trivial, the integrated AI capabilities and digital infrastructure that allows the data to be transported via a variety of avenues is incredibly important.

“Being able to pick up the data is one thing but being able to transport that data to the right people in a secure, accurate and timely manner is something different altogether.”

With a portfolio that includes LoaderMetrics™, BeltMetrics™, TruckMetrics™ and CrusherMetrics™, Motion Metrics and the Weir ESCO R&D team had several potential applications to start its ore characterisation journey with.

The company has settled on a BeltMetrics installation for its first trial, with Carpenter confirming the sensing solution under the microscope is currently positioned above a conveyor that is directly after the crusher in the flowsheet.

“We feel we will learn quickest over a conveyor belt, so it is really an expansion of the existing BeltMetrics solution that we will start with,” he said.

The sensing options open to Motion Metrics for this trial were also vast, with the aforementioned ore sorting vendors using the likes of X-ray Fluorescence, magnetic resonance, prompt gamma neutron activation analysis, pulsed fast thermal neutron activation, and others within their solutions.

Motion Metrics has chosen to incorporate hyperspectral imaging into its PSD mix.

Carpenter explained: “When you think about ore characterisation, we are just moving from a visual spectrum base with Motion Metrics vision-based systems to the expanded light spectrum for gathering data and making decisions. This is all being built on the established digital platform the company has.”

The company is not alone in using this type of technology. MineSense has spoken of trials using multispectral sensing technologies, while Australia-based Plotlogic has been tapping hyperspectral imaging to provide precision orebody knowledge prior to mining.

Collaborating on energy intensity reductions

Safety, scalability and flexibility were three factors taken into account with the hyperspectral imaging decision, but Carpenter was also aware of the potential limitations in using such technology.

Mines will need to be willing to make some changes and invest in alternative infrastructure to leverage the most value out of the solution the company is putting forward.

“That is where productivity partnerships that we spoke about on the Capital Markets Day are going to be really important,” he said. “It is going to be essential to collaborate with customers.”

The initial collaboration with the trial mine site looks to be extensive, stretching from the back end of December throughout 2023.

The site is already equipped with a significant amount of Weir Minerals and ESCO equipment, so the collaboration appears to have started well before this trial.

“Throughout the year, we will have the opportunity to make enhancements; starting out with an initial system that is upgraded,” Carpenter said. “By the end of the year, we should have high confidence of having something ready to commercialise. It could also be that we have other trials running concurrently with this one to extend the learnings.”

The two primary key performance indicators for the trial surround accuracy and speed, with Carpenter saying the company is targeting to at least meet the metrics competing technologies have been promoting over recent years.

“In both cases, we are well equipped to measure both and – in the initial phase – we are performing well,” Carpenter said.

“Right now, when they (the mine site) carry out an assay, they have to stop the conveyor belt, take a sample off and send it to a lab. At best, the feedback takes hours, if not days. Motion Metrics has done a really good job of building the sensors, algorithms and platforms to process the data coming from above that belt very quickly.”

There are a team of very experienced, PhD-equipped personnel currently working on this trial, monitoring the real-time results from Motion Metrics’ base in Vancouver, however there is a Weir network across the globe watching and waiting for news.

A sensor above a conveyor belt able to provide ore characterisation data is step one. Step two will most likely involve leveraging this data to provide insights as well as initiate downstream actions.

Then, there is the potential to equip these sensors for the pit on an excavator or wheel loader – which introduces many additional challenges both Motion Metrics and ESCO are aware of. Understanding exactly what is in the bank or going in the bucket will be critical to improving operational efficiencies.

These are longer-term goals that Motion Metrics, ESCO, Weir Minerals and Carpenter are cognisant of – and excited about – that may provide the true value to customers throughout the flowsheet.

“What is exciting for us is that – as may be obvious – the further upstream you can make some good decisions, the more energy you can save downstream,” he said. “As you get into some of the other processing elements in the plant, there are sustainability benefits to be had – a more efficient use of reagents to liberate the elements, a more efficient grinding setup based on ore characteristics, a reduction in water use, etc.

“The driver for this has really been sustainability and energy reduction. It is all about reducing the energy intensity associated with ore.

“We feel we are well equipped and in a good position to deliver on this and provide the industry with the step change in sustainability that it requires.”

Weir Minerals offers up slurry pumping advice with updated Warman handbook

Environmental, Mining equipment, Mining services, Water management, , , , , ,

Weir Minerals, manufacturer of the Warman® slurry pump, has released the latest edition of its Warman Slurry Pumping Handbook, with the sixth edition, the company says, featuring detailed engineering data required for most slurry pumping applications.

Drawing on decades of Weir Minerals’ in-house expertise in engineering and slurry pumping technology, the new handbook has updated reference material based on new learnings, improved understanding and technological developments within the mining industry, Weir Minerals says. The handbook aims to empower engineers to achieve optimal performance from their Warman slurry pumps.

An increased global focus on the environment, energy consumption and water conservation will influence slurry pump design and considerations – making this latest handbook an essential tool for all current and future pump engineers, the company added.

Marcus Lane, Director, Slurry Pumping Technology Group, said: “Pumping slurry has many challenges and I’m excited to publish our latest handbook, packed with fundamental theory, application advice, standard practices and latest Warman learnings from the field; all aimed to help our customers, present and future, deliver with excellence.”

Weir Minerals says it is looking to shape the next generation of smart, efficient and sustainable solutions with cutting-edge science and innovation. The handbook includes over 140 pages of detailed information, including performance charts, impeller design, part configuration, assembly and slurry considerations – supported by accurate technical renders and specifications.

John McNulty, Vice President Global Engineering & Technology, said: “The high quality of the reference material in this essential resource reflects the leading status of the Warman slurry pumps. As the industry leader, we have a responsibility to develop our future engineers; we will make the latest version of the Warman Slurry Pumping Handbook available not only to our customers, but also to the leading schools worldwide, so they can learn from the best in the industry.”

As part of Weir Minerals’ commitment to investing in STEM (science, technology, engineering and mathematics) education and developing the next generation of engineers, copies of this resource will be gifted to the leading mining and engineering educational facilities around the world, including the winner of the 2022 Warman Design & Build competition, Deakin University in Australia.

Weir preparing to trial proprietary ore sorting tech by the end of 2022

Automation, Comminution of minerals, Explosives and blasting, IoT, Mineral processing, Mining equipment, Mining services, Mining software, Sustainable mining, Water management, , , , , , , , , , , , , ,

In the Weir Group Capital Markets Event presentation last week, Chris Carpenter revealed that the company was collaborating within its divisions on trials of ore sorting technology in an effort to move less rock at mine sites and optimise processing within the plant.

Carpenter, Vice President of Technology at Weir ESCO, said the company was combining Motion Metrics’ particle size distribution (PSD) capability with ore characterisation technology to explore “in-pit sorting” opportunities for its clients.

“Looking further out, we believe ore characterisation and in-pit ore sorting has the potential to transform mining by moving less rock, using less energy and creating less waste,” he said during his presentation. “Ore characterisation technology, which is underpinned by sophisticated sensing systems, captures critical data on properties and composition of rock, including rock hardness and mineral and moisture content.

“When coupled with Motion Metrics fragmentation analysis technology, it has the potential to be a game changer, giving miners a full picture of the size and characteristics of rocks.”

Motion Metrics, a developer of artificial intelligence (AI) and 3D rugged machine vision technology, was acquired by Weir almost a year ago, with the business incorporated into the Weir ESCO division. Its smart, rugged cameras monitor and provide data on equipment performance, faults, payloads and rock fragmentation. This data is then analysed using embedded and cloud-based AI to provide real-time feedback to the mining operation.

These technologies were initially developed for ground engaging tool applications but have recently been extended into a suite of products and solutions that can be applied from drill and blast through to primary processing.

Carpenter said the added PSD capability from Motion Metrics was expanding the company’s value presence across the mine to the processing plant, where Weir Minerals operates.

“Results from early adoption of Motion Metrics PSD solutions have been extremely encouraging,” he said. “Feedback from customers is positive; data sharing and collaboration have increased.

“Given this early progress, we are really excited about the opportunity and expect fragmentation analysis to be a key growth driver for Motion Metrics in the years to come.”

On the in-pit sorting potential, Carpenter said Weir ESCO had laboratory-validated equipment and field trials of its proprietary solution that were due to start at customer sites before the end of the year tied to these developments.

“If successful, this technology opens the door to in-pit sorting, where miners complete the first stage of crushing in the pit and analyse the outputs to make real-time decisions about which rocks have sufficient mineral content to be moved,” he said. “This is a step change from the current process, where energy is expended in transporting and processing all of the rocks, regardless of mineral content, and with significant waste generated from zero- and low-grade material.”

He concluded: “Our vision is to move less rock, moving only the rocks with sufficient mineral content and using the data that is captured on size and hardness to optimise processing. The natural evolution thereafter will be towards real-time automation control of processing equipment, ensuring the right rocks are processed in the most efficient way, using less energy and creating less waste.”

Weir Minerals expands local presence in Kazakhstan with new service ‘Supercentre’

Comminution of minerals, Equipment maintenance, Mineral processing, Mining equipment, Mining services, , , , , , , , , ,

Weir Minerals says it has opened a new service “Supercentre” in Almaty, Kazakhstan, marking a strategically important milestone that expands local capabilities of its engineering and service expertise to accelerate customer support in the region.

The new facility includes a customer service office; a workshop for maintenance, repair and assembly of Warman® pumps, Cavex® hydrocyclones and Isogate® knife-gate valves; and a warehouse holding strategic equipment and spare parts under Vendor Managed Inventory (VMI) contracts. The 3,300 sq.m Weir Minerals Supercentre is fully equipped to perform rubber lining with premium Linatex® rubber in both cold and hot bonding, the company added.

Weir Minerals service capabilities in Kazakhstan include a complete range of services, such as installation supervision and commissioning, operational support, maintenance and troubleshooting, assistance in developing a maintenance strategy and equipment condition monitoring and analysis.

The official opening of the Supercentre was carried out by Carola Schulz, Managing Director of Weir Minerals NATCA (North Africa, Turkey and Central Asia); Gavin Dyer, Regional Managing Director of Weir Minerals ENACA (Europe and NATCA); and key customers and partners of Weir Minerals in Central Asia.

Schulz said: “Our new Supercentre in Kazakhstan will support our key customers in the region, as well as manufacture Linatex hoses and execute rubber-lining activities. This £1 million ($1.1 million) investment is core to our localisation strategy and we will continue to invest to support our ambitious growth plans in Central Asia. We have a very close strategic partnership with our customers in Kazakhstan; and we have recently been very successful with new projects in Uzbekistan. This facility will initially be supporting our customers in Uzbekistan.”

Dyer continued: “We are guided by the philosophy of supporting the local economy and always being located close to our customers. We strive to be able to contribute to our customers’ value chain and support their success; and for me the local employees are the main pillar ensuring that we are successful. It is our people that create our legacy, and we are heavily investing in the development of our employees to support our growth and the growth of our customers.”

George Sweiha, Group Procurement Director at KAZ Minerals Group, said: “From the very beginning of the mineral extraction projects at the Bozshakol and Aktogay sites, KAZ Minerals Group has been striving to ensure that original equipment manufacturers are represented in Kazakhstan to develop local capabilities; by this I mean hiring and developing local specialists and building best-in-class facilities. I am glad to see that Weir Minerals shares our vision and recognises the huge benefits of localisation for business partners, but most importantly for the country and society in which we operate.”

RG Gold looks to quadruple yellow metal output with new processing plant

Mining equipment, Mining services, Precious metals, Sustainable mining, , , , , , , , , , , ,

RG Gold, majority owned Kazakh private equity group Verny Capital, has launched a new processing plant at its operations in Kazakhstan that is expected to enable the company to quadruple its gold output to circa-190,000 oz in 2023.

The new carbon in pulp plant, worth more than $420 million, has an annual processing capacity of around 5 Mt/y.

The new processing plant deploys modern equipment from global industry leaders, including Metso Outotec, thyssenkrupp, FLSmidth, Weir Minerals, Roytec and Kemix, RG Gold said.

RG Gold operates the RayGorodok deposit in northern Kazakhstan, one of the country’s largest mines with 5.9 Moz of JORC Code gold reserves. Its output is set to exceed 50,000 oz this year.

Bulat Utemuratov, the key investor in Verny Capital projects, said: “The launch of the new processing plant is a key milestone for RG Gold. It is underpinned by the highest global industry standards using the latest innovation and technical expertise from Resource Capital Funds, our strategic partner. The new plant allows us not only to quadruple RG Gold’s overall output, but importantly, it also provides the opportunity to boost investment in the region.”