Software solution for underground mining activity gains popularity

Mining software solutions developer, Micromine’s software application that allows mining companies to track and manage the underground movement of personnel, vehicles and ore, has been positively received by the mining industry Micromine Africa...

Newcrest lifts Dec quarter gold output

Australia’s largest gold miner Newcrest on Tuesday reported a 3% quarter-on-quarter increase in gold production, as mill throughput increased at the Gosowong and Lihir operations. During the three months to the end of December, Newcrest...

Merged Catalpa and Conquest entity to be named Evolution Mining

The merger between gold miners Catalpa Resources and Conquest Mining was moving ahead, with Catalpa on Tuesday announcing that the merged entity would be known as Evolution Mining. The name Evolution Mining had been selected to embody the...

Harmony to offer strategic guidance on Wednesday

Gold miner Harmony, whose stock has been under pressure since it released worse-than-anticipated results earlier this month, would release a statement on its future strategic plans on Wednesday. Spokesperson Marian van der Walt told Mining Weekly...

Blackrock, Baker Steel invest A$50m in Catalpa-Conquest entity

Merging gold miners Catalpa Resources and Conquest Mining on Tuesday reported that they had already secured A$50-million in equity from investors. The companies announced a merger of equals to create one of Australia’s five largest gold miners...

Merged Catalpa and Conquest to rank as a top-five Australian gold miner

Gold miners Catalpa Resources and Conquest Mining on Wednesday came out of a trading halt to announce that the two companies had signed a binding transaction to merge. In a joint statement, the miners said that the merger would create a leading...

Newcrest cuts FY gold guidance to 2.7Moz

Australian miner Newcrest has downgraded its full-year gold production guidance to 2.7-million ounces, from 2.82-million ounces, after a power failure disrupted output at its Lihir mine in Papua New Guinea. The power outage was caused by a...

Newcrest to resume Côte d’Ivoire operations in June

Gold miner Newcrest on Tuesday said that it was taking steps to resume its Bonikro operations, in Côte d’Ivoire, after post-election conflict have quieted down. The miner suspended its gold operations in the Côte d'Ivoire in March and...

Papua New Guinea’s copper/gold opportunities evoking geological superlatives

Geologists regard Papua New Guinea (PNG) as a rousing copper-gold province. “It’s a place where geologists have great fun,” says Harmony Gold CEO Graham Briggs, who is eager to build Harmony’s second PNG mine in joint venture with...

Newcrest suspends Côte d'Ivoire mine, evacuates expatriates

Australia’s largest gold producer Newcrest has once again suspended operations at its Bonikro mine, in Côte d'Ivoire, as the security situation in the country deteriorated further. The gold miner told shareholders on Thursday it had evacuated...

Improved production control management system increases logistics productivity

Mining and exploration software provider MICROMINE has added a new shift-planning module to its Pitram production management and control system, which enables the user to implement a production plan within a real-time environment.

Catalpa posts A$1,9m maiden profit

Gold junior Catalpa Resources has declared a maiden A$1,9-million after-tax profit for the first full six months of production. The company reported a loss of A$3,7-million in the corresponding six months of 2009.