Water reduction efforts in mining operations create high pressure, highly abrasive slurries that require a new class of severe service knife gate valve designs. By Nick Farran One of the major financial drivers of any mining enterprise is the efficiency of tailings disposal. Tailings are the remaining unwanted components of the mine ore once extractable minerals have been recovered. Composed…
Read More
The North American Mine Ventilation Symposium is back in the Black Hills for its 19th annual gathering – with delegates getting to return to in-person networking and learning. By Donna Schmidt The North American Mine Ventilation Symposium, better known as NAVMS or Mine Vent, is returning to the South Dakota School of Mines from June 17-23, with hundreds headed to…
Read More
Canadian-based, global-focused gold miner Mandalay Resources has appointed Frazer Bourchier to lead the company as its new president and CEO, effective April 3. Bourchier, who was also appointed to the Mandalay board, will work closely with current CEO Dominic Duffy to ensure a smooth transition. Outgoing Duffy will remain on the board as a non-executive director. Bourchier has 32 years…
Read MoreThe transaction to sell U.S.-based Coeur Mining’s Crown and Sterling holdings in Nevada to a subsidiary of AngloGold Ashanti has closed. Under the terms of the previously announced deal, Coeur received cash consideration of $150 million at closing. The precious metals producer will receive an additional deferred cash consideration of $50 million upon Crown Sterling attaining a total resource of…
Read More
Citing financial and operational challenges – and just weeks after announcing it would slow down operations at the mine due to technical, mechanical and procurement issues – Monarch Mining has confirmed it is suspending mining at the Quebec gold mine and is placing it on care and maintenance. Monarch officials said the halt will be for an “undetermined period” and…
Read MoreColorado-based miner Fortitude Gold said in July in its preliminary second quarter production results that it met 10,980 gold ounces during the period. The company said it will maintain its 2022 annual production outlook of 40,000 gold ounces (a range of 36,000 to 40,000 ounces). Fortitude Gold, a gold producer, developer, and explorer with operations in Nevada, has been offering…
Read More
By Donna Schmidt There’s a meme in the social media universe that depicts someone consuming a theater bucket of popcorn and looking on, with the words, “I’m just here for the comments.” Well, grab that real-life bucket and consider this: AMC, the American chain of movie theaters that, in recent years and thanks to pay-per-views, streaming services and the pandemic…
Read More
Canadian-based Calibre Mining has confirmed the completion of its takeover of Fiore Gold and the operating Pan gold mine in Nevada. Under the transaction arrangement, former Fiore shareholders received 0.994 of a Calibre common share and a cash payment of C$0.10 in exchange for each share held. In aggregate, Calibre issued 101,321,923 Calibre shares and made a cash payment of…
Read More