In a move to combine two of the top senior gold producers, U.S.-based Newmont has submitted a non-binding proposal to acquire 100% of the issued share capital of Australian peer Newcrest Mining by way of a scheme of arrangement. If successful, it would be the largest mining takeover and the third-largest corporate buyout in Australian history, according to Refinitiv data.…
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The mining industry has long relied on diesel. Cleaner alternatives are however needed if the industry is to successfully decarbonize its mine sites. By Jonathan Rowland The phrase “net zero mining” is fast taking its place in the dictionary of 21st century mining buzzwords, just after the “digital mine” and slotting in ahead of the related term, “sustainable mining.” But…
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Over 100 Years Ago, No One Thought Rio Tinto Kennecott’s Bingham Canyon Mine In Utah Would Be Profitable. Today, It Is Not Only An Economic Stalwart, But Also A Major Charge In Driving The Future Of Responsible Mining.
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Copper Mountain Mining’s flagship operation, the Copper Mountain operation in southern British Columbia, has installed and started the commissioning process for its third ball mill that will increase its milling capacity from 40,000 tonnes per day to 45,000 t/d.
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Rio Tinto said in mid-August that it was experiencing delays in its smelter restart at the Kennecott copper mine outside of Salt Lake City due to “unexpected issues” following planned maintenance.
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