In its latest report, the U.S. Geological Survey (USGS) said that the nation’s mines produced approximately $90.4 billion in nonfuel mineral commodities in 2021 – a $9.7 billion increase over the 2020 revised total of $80.7 billion.
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Orica offloads Minova
After executives alluded to the company’s intention earlier last year, Orica confirmed its divestment of its Minova business to European investment firm Aurelius Group. The transaction is valued at A$180 million. Orica’s MD and CEO Sanjeev Gandhi said the sale of the business was consistent with its “refreshed strategy” that includes classifying Minova, which has a specialty in ground support…
Read MoreRambler’s Ming mine zapped by operator shortage
A “substantial rise” in COVID-19 infections in Newfoundland, Canada, and the region’s prevention mandates are to blame for a contractor shortage that miner Rambler Metals and Mining confirmed has impacted mining at its Ming copper-gold operation in eastern Canada.
Read MoreCopper Mountain weathers the storm in BC
While some of its contemporaries in British Columbia are reporting varied results, Copper Mountain Mining has confirmed positive news from the recent heavy rains, flooding and mudslides in the region: that its flagship operation suffered no material impacts.
Read MoreAEMA’s 127th annual meeting gets started in Reno
The American Exploration and Mining Association’s (AEMA) annual meeting, exposition and short courses event has now begun in Reno, Nev., with “Mining’s Role in Securing America’s Future” selected as this year’s theme.
Read MoreDon’t call it a comeback
By Donna Schmidt News of the obvious: mining is a cyclical business. Some more than others, but one commodity nearly always atop the volatility list is coal. Much of this year has been good to coal; in fact, according to the Energy Information Administration, that is to continue, at least for now. In its Short-Term Energy Outlook, the agency said…
Read MoreBrokk introduces Pedestal Boom
Brokk has introduced a compact, stationary breaker boom system for the mining and aggregates industry. The Brokk Pedestal Boom offers an unrivaled range of motion, pairing Brokk’s revolutionary three-part arm system with 360-degree slewing for maximum versatility in underground applications. The machine can be operated with either a tethered remote or from a control room. Depending on network configuration, the…
Read MoreRio Tinto now sole Diavik mine owner
Rio Tinto is now 100% owner of the Diavik diamond operation in Canada’s Northwest Territories after acquiring the remaining 40% it did not already own from Dominion Diamond Mines.
Read MoreProgress positive at Pumpkin Hollow: Nevada Copper
“Consistent progress” is the name of the game at Nevada Copper’s Pumpkin Hollow mine, with the miner reporting several changes and ramp-up advancements at the flagship complex in a new operational report.
Read MoreGold Mountain received permit, turns to producer
Vancouver-based company Gold Mountain Mining has received its mining permit – the first in the Canadian province in almost 10 years – and is concentrating on recording commercial production this month now that it has gone from explorer to producer.
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