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Sandvik Signs Agreement to Divest Its Mining Systems Operations
July 19, 2016
Sandvik has signed an agreement to divest its Mining Systems operations, reported in the Sandvik income statement as discontinued operations, to the private equity company CoBe Capital. Sandvik will maintain ownership of ongoing projects which are close to finalization. The
Lulea University of Technology Invests in Virtalis’ VR Technology
July 19, 2016
With 90 percent of the iron ore in Europe contained within Northern Sweden, it’s not surprising the Luleå University of Technology is a hub of mining and geological expertise. With links to institutions around the globe, including Canada, Australia and
Ivanhoe Mines Reaches Development Milestone at Platreef Underground Project, South Africa
July 18, 2016
Ivanhoe Mines begins permanent sinking work on Shaft 1 at the Platreef platinum-group metals, nickel, copper and gold mine in South Africa. Shaft 1, which will have an internal diameter of 7.25 meters, will provide initial access for early underground
SME Peru Student Chapter Wins 2015 Membership Challenge
July 18, 2016
The Society for Mining, Metallurgy & Exploration Inc. (SME) Student Chapter Fall Membership Challenge is an annual membership contest between SME student chapters to recruit newcomers to join the chapter and become SME members. The SME Student Chapter of the
MMK Employs Yandex Data Factory Solution, Russia
July 18, 2016
A recommendation service, developed by Yandex Data Factory specifically for OJSC Magnitogorsk Iron and Steel Works (MMK), has completed tests at the mill’s oxygen converter plant and was brought into pilot production in late June – early July 2016. Preliminary
Strongbow Completes Acquisition of South Crofty Tin Project in Cornwall, UK
July 14, 2016
Strongbow Exploration Inc. has completed the acquisition, from administration, of a 100 percent interest in the South Crofty Tin Project and associated mineral rights in Cornwall, UK, as reported in March, 2016. Strongbow acquired, from administration, a 100 percent interest
Enirgi Group Completes DFS for Salar Del Rincon Lithium Project, Argentina
July 14, 2016
Enirgi Group Corporation has completed a definitive feasibility study (DFS) for its planned 50,000 tonne per annum lithium carbonate processing plant at its Salar del Rincón development project located in the province of Salta, Argentina. Enirgi Group owns 100 percent
ALROSA Prepares Vehicles for Development of Verkhne-Munskoe Diamond Deposit, Russia
July 13, 2016
PJSC ALROSA has accepted new motor vehicles into service in the run-up to the development of Verkhne-Munskoe deposit. Three new Scania road trains with up to 90t payload capacity each and a Tonar semitrailer with up to 130t payload capacity
President Ali Bongo Inaugurates Moanda School of Mining and Metallurgy, Haut-Ogooué Province
July 13, 2016
The President of the Gabonese Republic, His Excellency Ali Bongo Ondimba, alongside the Prime Minister of São Tomé and Príncipe, Patrice Trovoada, recently inaugurated the Moanda School of Mining and Metallurgy (known as E3M) in the Haut-Ogooué province. “This school
Endeavour Mining Closes C$144 Million Financing to Advance West-African Portfolio
July 12, 2016
Endeavour Mining has closed financing of C$143.75 million. The company issued a total of 7,187,500 ordinary shares in the capital of Endeavour at a price of C$20.00 per share, which includes the exercise of the underwriters’ over-allotment option in full,
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