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Sandvik Delivers AutoMine Loading Solution to Codelco’s El Teniente Copper Mine, Chile
February 18, 2021
Sandvik Mining and Rock Solutions is delivering its AutoMine Fleet system to automate a new fleet of Sandvik loaders at Codelco’s Pacifico Superior and Pilar Norte GTI, which are part of the El Teniente mine in Chile. This partnership supports
Ivanplats Arranges $420 Million Financing for Platreef Project, South Africa
February 18, 2021
Ivanhoe Mines’ South African subsidiary Ivanplats is arranging project-level financing of around $420 million to boost the development of Platreef palladium, platinum, rhodium, nickel, copper and gold project in Limpopo province. The company has entered into a non-binding term sheet
Global Gold Production to Bounce Back in 2021 Following Coronavirus-Hit Year
February 18, 2021
Global gold production is set to bounce back in 2021 after the coronavirus pandemic caused a drastic drop in output last year, says an analyst. The crisis led to lockdowns being imposed across key gold-producing regions all over the world
Nine Miners Found Dead Amid Gold Mine Rescue Effort in China
January 26, 2021
Chinese rescuers on Monday discovered the bodies of nine workers who were killed in explosions after getting stuck about 2,000 feet down a gold mine, increasing the death toll to 10, officials said. Just a day earlier, rescuers hauled up
Trapped for Two Weeks, 11 Workers Rescued from Gold Mine in China
January 25, 2021
Eleven workers trapped for two weeks inside a gold mine in China were brought safely to the surface on Sunday, a landmark achievement for an industry long blighted by disasters and high death tolls. State broadcaster CCTV showed workers being
Rescuers in Phone Contact with Workers Trapped in China Gold Mine
January 19, 2021
Workers trapped for more than a week in a Chinese gold mine asked for pickles and porridge to be dropped to them while they wait to be rescued, state media reported Tuesday. The website of the People’s Daily said the
China Launches Yearlong Coal Mining Safety Checks Campaign
November 19, 2020
China has launched a safety inspection effort targeting all working coal mines and coal-mining projects after several recent fatal accidents, a statement by its State Council, or cabinet, showed on Tuesday. The world’s largest coal miner and coal consumer reported
Endeavour Mining to Acquire West Africa-focused Teranga Gold in C$2.4 Billion Deal
November 19, 2020
Endeavour Mining Corporation is acquiring West Africa-focused gold miner Teranga Gold Corporation in a C$2.4 billion deal to form a top 10 gold producer. The news confirms speculation last week that Endeavour would buy Teranga, a low-cost, mid-tier gold producer
OZ Minerals to Invest $34 Million for Prominent Hill Mine Expansion, Australia
November 17, 2020
Mining firm OZ Minerals is planning to invest A$47 million ($34.1 million) for the expansion of its Prominent Hill copper-gold mine in South Australia. A significant part of the investment is planned to be used for the further infill drilling
Storm Wreaks Havoc at BHP’s Peak Downs Mine, Queensland
November 17, 2020
A central Queensland mine is in the process of a big clean-up after a storm flattened a workshop and a large shed, prompting calls from the mining union for a safety audit of all structures on mine sites. The
