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Archive of industry news from the global mining industry

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September 2016

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Siemens unveils new drive system for underground mining vehicles 29 September 2016 Siemens has launched a new drive system for underground mining vehicles as part of its expanding portfolio of automation and digitalisation solutions for the industry....

Goldrich reveals huge rise in gold yield from Little Squaw placer mine 29 September 2016 Goldrich Mining has announced a 95% increase in gold gained from its Little Squaw placer mine in the Chandalar district, 190 miles north of Fairbanks, Alaska, US....

GE Mining introduces Digital Mine to improve operations 29 September 2016 GE Mining has launched a suite of technologies to improve performance, reliability, safety and operations in mines....

Probe Metals signs MoU deals for West Porcupine Project in Canada 28 September 2016 Probe Metals has signed a memorandum of understanding with Mattagami and Flying Post First Nations in relation to its West Porcupine Project near Foleyet, Ontario, Canada....

Philippines recommends suspension of 20 mines for environmental breaches 28 September 2016 The Philippines' Department of Environment and Natural Resources has recommended the suspension of 20 mines after completion of a government audit....

Australia's Iron Mountain Mining buys 50% interest in Au Capital Mining 27 September 2016 Australian mineral explorer Iron Mountain Mining (IRM) has completed the acquisition of a 50% interest in Au Capital Mining (ACM), which owns the entire Nendo Bauxite project in the Solomon Islands....

Teck Resources submits social and environmental impact assessment for QB Phase 2 27 September 2016 Canada-based diversified resources company Teck Resources has submitted the social and environmental impact assessment (SEIA) for its Quebrada Blanca Phase 2 (QB Phase 2) mine project in...

Scania unveils site optimisation solution for mine operators 27 September 2016 Swedish company Scania is showcasing its new solution to help mine operators create efficiencies by identifying savings in their work processes....

GRES wins contract to upgrade Eastern Goldfields' Davyhurst Gold Processing Plant 26 September 2016 Eastern Goldfields has awarded a A$12.5m ($9.1m) contract to Australian engineering, consulting and contracting firm GR Engineering Services (GRES) to refurbish the Davyhurst Gold Processing Plant....

Goldcorp and Sandvik team-up to convert Borden Lake project into all-electric mine 26 September 2016 Sandvik Mining and Rock Technology are to convert Canadian company Goldcorp's Borden Lake project into an all-electric mine....

Northwest Arm releases discovery report of Altius Resources 23 September 2016 US-based Northwest Arm (NWA) has released Altius Minerals’ discovery report, which includes several new high-grade gold occurrences in Wilding Lake Gold Project, central Newfoundland, Canada....

Deals this week: Royal Gold, Hinterland Metals, PloyMet Mining, Peel Mining 23 September 2016 Royal Gold has reached a $70m agreement to acquire a 3.75% net value royalty (NVR) from a major area of Barrick Gold Corporation's Cortez-Pipeline mining complex....

Ferus NGF to supply LNG to Casino and Selwyn mine projects 23 September 2016 Canada-based Ferus Natural Gas Fuels (Ferus NGF) has signed a memorandum of understanding (MoU) to supply liquefied natural gas (LNG) to the proposed Casino Mining and Selwyn Chihong mine...

M&As this week: Abbot Point Operations, TomaGold Corporation 23 September 2016 Adani Ports and Special Economic Zone’s (APSEZ) subsidiary Abbot Point Operations (APO) has reached an agreement to acquire Glencore Coal Queensland’s shares in Abbot Point BulkCoal (APB),...

Adani to buy Australia's Abbot Point Coal Terminal operator from Glencore 22 September 2016 India-based Adani Enterprises has signed a $14.52m agreement to acquire the company that operates Australia's Abbot Point Coal Terminal from Glencore....

De Beers opens Gahcho Kué diamond mine in Canada 22 September 2016 De Beers has opened the Gahcho Kué diamond mine 280km north-east of Yellowknife in Canada's Northwest Territories (NWT). ...

Bushveld receives IEA for Mokopane vanadium project in South Africa 22 September 2016 The South African Mineral Resources Department has granted an integrated environmental authorisation (IEA) to Bushveld Minerals' Mokopane vanadium project in South Africa’s Limpopo Province....

Berkeley to sell uranium concentrate from Spain's Salamanca mine to Interalloys 21 September 2016 Berkeley Energia has signed a letter of intent (LoI) with commodity trading company Interalloys Trading regarding the sale of up to one million pounds of uranium concentrate from the Salamanca...

UK’s ICMM launches new guidance for mining companies 21 September 2016 The UK-based International Council on Mining and Minerals (ICMM) has released new guidance on the way mining companies can help achieve the United Nations 17 sustainable development goals (SDGs)....

Universal Coal gets water use licence for Brakfontein coal project in South Africa 20 September 2016 Universal Coal has secured a water-use licence for its 50.29%-owned Brakfontein coal project from the South African Department of Water and Sanitation....

ACF appeals Adani’s Carmichael coal mine ruling 20 September 2016 Adani's Carmichael coal mine is facing another setback after the Australian Conservation Foundation (ACF) lodged an appeal against the Federal Court's decision that found the approval lawful....