Glencore said it will not spin off its coal business after securing backing from the majority of its investors, according to Reuters. The miner had been debating on whether to keep the coal assets or spin them off after it purchased the majority of Teck Resources’ steelmaking coal business in July. Retaining the coal assets “offers the lowest risk pathway…
Read MoreAuthor: NAM Staff
Movex Innovation showcasing Minidozers at MINExpo
Movex Innovation has announced its participation in MINExpo 2024 with its line that addresses critical worker safety and throughput challenges for mines, quarries and smelters. Those visiting Booth 2235 in North Hall will witness firsthand the groundbreaking capabilities of the Minidozer 27” and Minidozer 48” ultra-compact mini loaders for mines and quarries and the lineup of MINIDOZERs for aluminum smelters.…
Read MoreTsurumi Pump to appear at MINExpo
Tsurumi Pump (West Hall #12155) plays a vital role in various environments where increased reliability and safety is paramount. Engineered to withstand harsh conditions, Tsurumi’s durable pumps excel in dewatering mines, quarries and pits, ensuring uninterrupted functionality. In mines, these pumps often handle high volumes of water containing abrasive particles. Tsurumi’s pumps are designed to meet these challenges, featuring continuous…
Read MoreVale selects Pimenta as CEO
Vale recently announced Gustavo Pimenta as the company’s next CEO. The executive was unanimously elected by the board of directors, after a rigorous selection process supported by an international headhunting company, in compliance with Vale’s bylaws, corporate policies, the board’s internal regulations and applicable legislation. Pimenta is an executive with global experience in the financial, energy and mining sectors, and…
Read MoreCaterpillar expands Indiana large engine facility
An estimated 100 jobs will be added following an expansion of Caterpillar’s large engine facility in Lafayette, Ind., that was taken on to further meet growing customer demand. The multi-year capital investment will increase capacity for both new engines and aftermarket parts, the OEM said, and also allow it to expand its ability to build and test new engines, genset…
Read MoreYukon appoints board to investigate Eagle pad failure
Three experts have been tapped for an independent review board to investigate a heap leach failure in June at Victoria Gold’s Eagle operation in the Yukon province of Canada, CBC News reported. The three members appointed to the board are Jean-Marie Konrad, a geotechnical expert who has consulted for projects related to things such as permafrost engineering and dam construction;…
Read MoreFirst gold pour at Borealis ADR facility
Canadian-based Borealis Mining has completed its first gold pour of 2024 from its on-site ADR facility in Hawthorne, Nev. CEO Kelly Malcolm said the milestone was achieved through stripping of 2.5 of the company’s 10 carbon columns, which were loaded from residual leaching with a highly dilute cyanide solution. The first pour resulted in doré bars weighing about 651 troy…
Read MoreClarke steps down at American Lithium
American Lithium has announced the resignation of Simon Clarke as chief executive officer and director of the company, effective September 1. Alex Tsakumis, who has served on the board of directors since 2022, will assume the role of Interim CEO. The miner said Clarke was stepping down to pursue other interests but will continue to assist the company in an…
Read MoreEquinox Gold celebrates Greenstone opening
Equinox Gold held an official opening of its Greenstone gold mine in Geraldton, Ontario, Canada, on August 29, which included remarks from the mine’s Indigenous Partners, government dignitaries and Equinox Gold’s leadership team. “Today is a pivotal milestone for Equinox Gold. After almost three years of construction and commissioning the Greenstone mine is now a reality and will be a…
Read MoreMSHA completes July impact inspections at 16 mines
The U.S. Department of Labor’s Mine Safety and Health Administration (MSHA) completed impact inspections at 16 mines in 10 states in July 2024, issuing 239 violations and one safeguard. The agency began conducting impact inspections after an April 2010 explosion in West Virginia at the Upper Big Branch Mine killed 29 miners. MSHA’s impact inspections since 2023 have identified 4,314…
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