Agnico Eagle Mines Limited (AEM) has unveiled a whitepaper outlining its findings on the efficiency and environmental impact of implementing a Railveyor system at its Goldex mining complex in Val-d’Or, Quebec, Canada. The report has detailed the system’s influence on reducing operational costs, enhancing safety, and cutting greenhouse gas emissions. Goldex, an underground gold operation, had faced logistical challenges due to…
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DoD awards millions to Montana Tech for upskilling
The Department of Defense recently said it issued a $6.56 million award via the Defense Production Act Investment (DPAI) office to Montana Technological University, also known as Montana Tech. The award will fund the development and delivery of a critical workforce development program that will allow trainees to upskill their capabilities in metallurgical, geological, mining, and environmental engineering. The project…
Read More‘All-of-the-above’ strategy crucial to meet U.S. copper demand: report
The Copper Development Association has released a new report, “Copper in the US: Opportunities and Challenges”, that explores opportunities the United States has in sourcing copper, along with the need or a strategy to keep it front and center. The report was commissioned by the Copper Development Association (CDA) and conducted by S&P Global Market Intelligence. The study found that…
Read MoreFirst Majestic to acquire Gatos
First Majestic is making inroads for its silver expansion mission in Mexico with a confirmation it has inked a definitive merger agreement with Gatos Silver. Gatos has a 70% interest in the Los Gatos joint venture, which owns the producing Cerro Los Gatos underground silver mine in Chihuahua, Mexico. The proposed transaction implies a total equity value for Gatos of…
Read MoreHow advanced control valves, regulators and relief valves improve mining operations
Efficient and reliable mine operations rely on carefully specified automated valves and control equipment. By Steve Brewer and Mark Nymeyer, Emerson Mining processes have always been brutal on control equipment. Abrasive and corrosive slurries are present throughout the facility, and many of the ore extraction steps involve corrosive chemicals. Recent initiatives to recover and reuse water from tailings have only…
Read MoreMasaba to showcase conveying, material handling equipment
Masaba Inc. | Booth #8893 | masabainc.com Masaba Inc. (Booth #8893) was formed in 1962 with a mission to design and build rugged equipment that will reliably and productively operate within the demanding environments of the mining and aggregate industries. Its wide range of products comprises conveying and material handling equipment, including the patented Magnum Telescoping Conveyor; overland conveyor systems; ship-loading systems and truck unloaders;…
Read MoreRumors of merger untrue: Metso
Metso has denied recent reports of a merger between it and the mining business of Sandvik, releasing a statement confirming its position on August 19. The initial report alleging a tie-in between it and the Swedish equipment producer came from Swedish news outlet Dagens Industri. “Market rumors have been made public regarding Metso and Swedish Sandvik’s mining business. Metso has…
Read MoreGoodyear to sell off-the-road tire unit to Yokohama
U.S.-based Goodyear Tire & Rubber Co. has signed a definitive agreement to sell its off-the-road (OTR) tire business to the Yokohama Rubber Co. for $905 million in cash. The transaction follows a previously announced strategic review of the OTR tire business in connection with the Goodyear Forward transformation plan. “The sale of the OTR business marks an important milestone as…
Read MoreMintak retiring, Park taking over at Standard Lithium
September 1 will be a day of transition for the executive cabinet at Canadian miner Standard Lithium: it is the effective date of the retirement of CEO Robert Mintak and the start date for his replacement, David Park. In a transition that it said aligns with the company’s growth strategy and next steps in value creation, Standard confirmed Mintak will…
Read MoreGold Fields buys Osisko Mining
South African-based Gold Fields has agreed to acquire Canadian miner Osisko Mining for C$2.16 billion ($1.57 billion), reported Reuters. The cash deal will help Gold Fields expand its presence in the Americas region, where it already has mines in Chile and Peru. Gold Fields said Osisko’s projects in Quebec would also help it “firmly solidify” its footprint in one of…
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