Canadian producer Monarch Mining has confirmed it is selling its 100% interest in the Croinor gold property in the Abitibi region to Probe Gold. Under the terms of the deal for the property near Val-d’Or, Probe will make a cash payment of $2 million at closing and will issue $2.5 million in common shares, for a total of $4.5 million.…
Read MoreDay: July 17, 2023
Hexagon strengthens portfolio with HARD-LINE acquisition
Hexagon’s Mining division has acquired Canadian-based HARD-LINE, a global leader in mine automation, remote control technology and mine production optimization. The move will enhance Hexagon’s life-of-mine technology stack, and will particularly complement its HxGN Underground Mining, HxGN Autonomous Mining, and HxGN MineProtect offerings. “The pressure to remove humans from dangerous situations where it’s unsafe to operate a manned vehicle is…
Read MoreMining PA conference just weeks away
Mine and plant operators, suppliers, government, professional group members and other industry advocates are all set to convene in just weeks at Mining PA, being hosted at The Penn Stater Hotel and Conference Center from August 14-16. The event will begin with a reception beginning at 6 p.m. on August 14, and the opening session on health and safety will…
Read MoreAlliance Coal breaks ground on new Kentucky mine
Alliance Coal, a subsidiary of Tulsa-based Alliance Resource Partners, held a groundbreaking ceremony on July 6 for its newest underground mine in Henderson, Ky. Construction of the $35 million operation is scheduled to be completed by the end of 2024. The mine will be operated by River View Coal, a wholly owned subsidiary of Alliance Coal. The coal from the…
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