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South32 tops up shareholding in Arizona Mining

By: Mariaan Webb     8th December 2017 Australia-headquartered South32 has bought another C$4.5-million worth of shares in Arizona Mining. Arizona Mining, which is advancing the Hermosa project near Tucson, Santa Cruz, said on Thursday that South32 had agreed to subscribe for an additional 1.43-million shares at C$3.14 a share. 

Four NGOs file federal suit to overturn Hudbay’s Rosemont Forest Service RoD

By: Henry Lazenby     28th November 2017 Four nongovernmental organisations (NGOs) have filed a federal lawsuit in the US District Court seeking declaratory and injunctive relief against the US Forest Service for issuing Canadian miner Hudbay Minerals’ Rosemont copper project, in Arizona, a positive ‘record of decision’ (RoD) in June.... 

Electric cars' success leaves Toyota isolated with hydrogen bet

By: Bloomberg     27th November 2017 Toyota Motor, which has made a big bet on hydrogen-powered cars, is looking more isolated as industry rivals double down on plug-in electric vehicles as the dominant technology in the emerging post-fossil fuel era. Three years ago, Toyota president Akio Toyoda, grandson of company founder... 

South32 ups stake in Arizona Mining

By: Esmarie Swanepoel     15th September 2017 Diversified miner South32 will acquire an additional 15-million shares in TSX-listed Arizona Mining, taking its share in the Canadian company to 19.9%. South32 in May this year acquired an initial 45-million shares, or a 15% interest in Arizona Mining for an investment of C$110.3-million. 

Bacanora to publish Sonora project feasibility study before year end

By: Henry Lazenby     25th August 2017 TSX-V- and Aim-listed lithium explorer Bacanora expects to publish a feasibility study on its Sonora lithium project before the end of the year, the company announced on Wednesday. The explorer is currently targeting first production for 2019/20, following an 18-month build programme. 

Hudbay receives US Forest Service final record of decision for Rosemont

By: Henry Lazenby     9th June 2017 Base metals producer Hudbay Minerals has received a positive record of decision (ROD) from the US Forest Service (USFS) for its 80%-owned Rosemont project, in Arizona. "This decision brings us another step closer to being able to build a modern mine that will fulfil the requirements of its... 

New radar system to be showcased at expo

     23rd September 2016 Mining company Hexagon Mining will showcase the interferometric mine blast radar (IBIS-FB) remote sensing monitoring system, designed to support the assessment of blasting operations and control their impact on both pit slopes and nearby structures, at this year’s MINExpo International. 

Osisko reports 133% cash flow increase in Q2, sees record revenues, gold ounces earned

By: Samantha Herbst     5th August 2016 Precious metals royalty company Osisko Gold Royalties has seen a 133% year-on-year increase in cash flows from operating activities, reporting $15-million in cash flow achieved in the three months to June 30, on the back of record revenues and gold ounces earned. The TSX- and NYSE-listed company... 

Modular Mining Systems Announces Co-Founder Retires

     12th July 2016 Modular Mining Systems, Inc., the global leader in the delivery of real-time computer-based mine management solutions for surface and underground mining operations, announced today that company co-founder and Chairman Emeritus, Dr. James Wm. White, has retired, effective July 1, 2016. In 1979,... 

New imaging technology to potentially disrupt optical industry

By: Henry Lazenby     13th June 2016 Former Vancouver-based rare earths explorer Elissa Resources has in February rebranded as NexOptic Technology and turned its attention to developing cutting-edge imaging technology in cooperation with Calgary-based acquisition target Spectrum Optix. NexOptic CEO Paul McKenzie explained to... 

Event heads back to Swakopmund, Namibia

     13th May 2016 The African leg of mining software developer and provider Hexagon Mining’s MineQuest 2016, the company’s global user event series, will be hosted by Namibia in Swakopmund from June 22 to 24.  

Hexagon Mining Opens Minequest 2016

     19th April 2016 Hexagon Mining today opens MineQuest 2016, its global user event series, in Tucson, Arizona, USA. Shaping the Digital Mine is the theme of the event and featured prominently in President, Hélio Samora’s opening address to attendees. “Shaping the Digital Mine embodies our goal of creating safer,... 

Improved mine planning software in spring

     7th April 2016 New Model Interpolation Tool, enhanced functionality in QAQC, and updates in MineSight 3D Hexagon Mining today introduces a bundled update of its mine planning software, MineSight. A new tool for model interpolation, a major usability update for QAQC, and MS3D improvements feature in the spring... 

Modular Mining’s Fleet Management and Machine Guidance Solutions Selected for Implementation at ASARCO Mission Mine

     22nd March 2016 Modular Mining Systems, Inc., the global leader in the delivery of real-time computer-based mine management solutions for surface and underground mining operations, announced today that its DISPATCH® 6 Fleet Management system  has been chosen to replace the current Leica/Jigsaw system at ASARCO... 

Minequest Lineup Takes Shape

     1st February 2016 Presentations/workshops highlight integrated solutions for the digital mine A compelling lineup of engaging presentations unveiled by Hexagon Mining today is heightening anticipation for this year’s MineQuest. The latest in mine planning software combined with innovations in fleet management,... 

Software to assist precision, accuracy of lab samples

     27th November 2015 Mine design, planning, and operations technologies provider Hexagon Mining has launched MineSight QAQC, a flexible, easy-to-use product to validate and determine the precision and accuracy of field samples, thereby enhancing geology methods.  

Brian Barrett

By: Ilan Solomons     21st August 2015 This week we feature Brian Barrett, the president and CEO of AfroCan Resources Gold, a gold producer focusing on small high-grade orebodies in Sub-Saharan Africa and Papua New Guinea 

Oracle Q4 net loss unchanged in Q1 at $2.2m

By: Tracy Hancock     18th May 2015 Dual-listed Oracle Mining Corp maintained a $2.2-million net loss for the quarter ended March 31, having reported the same result for the three months ended March 31, 2014. The Vancouver, Canada-based corporation explained on Friday that the net loss for the period under review included a... 

New partnership generates cutting-edge technology

By: Dylan Stewart     20th February 2015 The June 2014 acquisition of US-headquartered mining software developer MineSight by design, measurement and visualisation technology provider Hexagon AB to form its new division Hexagon Mining (HxM) has created many possibilities, highlighted by MineSight’s new data repository and analytics... 

Oracle Mining announces management change

By: Creamer Media Reporter      21st January 2015 Vancouver-based Oracle Mining’s senior VP and corporate secretary, Jason Mercier, has resigned, effective January 24. Mercier also served on the TSX-listed company’s Disclosure Committee and Environmental, Health and Safety Committee. 

Continental Gold announces positive PEA for Buriticá project

By: Creamer Media Reporter      18th November 2014 JOHANNESBURG (miningweekly.com) – The results of the independent preliminary economic assessment (PEA) at TSX-listed Colombia-focused Continental Gold’s 100%-owned Buriticá project, in Antioquia, Colombia, outlined a future mine that will employ more than 500 people, with the size, cost... 

Start Off Right With Minesight Blast

     11th September 2014 Viewing volume of influence solids and polygons will be among the compelling display features in MineSight Blast. MineSight is bringing precision and dependability to one of mining’s most challenging steps with a new drill and blast management utility. MineSight Blast will revolutionize the... 

Much new about software group Mintec

     29th August 2014 For an established company, there is much that is new about Mintec and its MineSight software in 2014. New products, new training, new clients and new owners mean everyone at the Tucson, Arizona-based company is excited for the future. 

SA office to better serve African clients – Split Engineering

     29th August 2014 US imaging systems, software and services group Split Engineering is hoping to better service the African market with the office that it opened in Johannesburg, South Africa, this year. 

Enhanced drill system increases blast-hole drill productivity

By: Mia Breytenbach     29th August 2014 Global mine management solutions developer and manufacturer Modular Mining Systems announced in the first half of the year that the ProVision 3.5 Drill system is now available on its latest platform of the ProVision Machine Guidance product line. The company’s ProVision machine guidance... 

Augusta Resource Corp to merge with Hudbay subsidiary

By: Henry Lazenby     25th August 2014 Canadian base metals miner Hudbay Minerals on Monday announced that it would amalgamate its newly acquired project development company Augusta Resource Corp with one of its indirect, wholly owned subsidiaries. Following a month-long hostile pursuit of Augusta, the two companies in July agreed to... 

Hudbay reports Q2 profit on rising copper sales

By: Henry Lazenby     31st July 2014 Canadian base metals producer Hudbay Minerals has reported a profit for the three months ended June 30, as higher copper sales lifted the bottom line. Hudbay recorded a profit of $252 000, or nil a share, compared with a loss of $52.7-million for the same period in 2013. This was an increase of... 

Hudbay acquires 92% of Augusta Resource

By: Henry Lazenby     17th July 2014 Base metals miner Hudbay Minerals on Thursday announced that it had acquired 92% of project developer Augusta Resource outstanding shares, giving it firm control of the Rosemont copper project, near Tucson, Arizona. Hudbay also announced an extension of its offer to acquire the remaining... 

Column leaching adds new dimension to Newstrike’s Ana Paula flagship

By: Henry Lazenby     26th June 2014 Mexico-focused Newstrike Capital on Thursday revealed that a column leach metallurgical result from a composite sample supported heap leach extraction potential within the low-grade breccia zone at its flagship Ana Paula gold project, located in Guerrero state, Mexico. Despite the project’s... 

Hudbay and Augusta shake hands on sweetened friendly deal

By: Henry Lazenby     23rd June 2014 Following a months-long hostile pursuit of project developer Augusta Resource Corp, base metals miner Hudbay Minerals on Monday said the two companies had agreed to friendly terms for a sweetened all-scrip takeover offer. The C$555-million deal would see Hudbay, which already owned a 16% stake in... 

Hudbay extends Augusta offer

By: Henry Lazenby     27th May 2014 Canadian base metals miner Hudbay Minerals on Tuesday again extended its hostile bid to acquire project developer Augusta Resource Corp until June 9. Hudbay, which had applied to the British Columbia Securities Commission (BCSC) to block the Augusta shareholder rights plan, in March waived a... 

US Forest Service to prepare added biological assessment for Rosemont 

By: Henry Lazenby     26th May 2014 Permitting of project developer Augusta Resource Corp’s flagship Rosemont project would be delayed after the US Forest Service (USFS) decided to restart consultations based on environmental concerns, saying it would prepare a supplemental biological assessment to incorporate new information. The... 

Wild cat sighting may delay Rosemont permitting

By: Henry Lazenby     22nd May 2014 The sighting of a wild cat called an ocelot close to the boundaries of Toronto-based Augusta Resources' proposed Rosemont copper project, near Tucson, Arizona, contributed to a federal environment agency saying it might not be able to give the company an environmental green light to start... 

Hudbay again extends C$450m Augusta bid

By: Henry Lazenby     16th May 2014 Canadian base metals miner Hudbay Minerals on Friday extended its C$450-million takeover bid for project developer Augusta Resource Corp to May 27. The offer was due to expire on Friday. Hudbay said that it continued to monitor developments regarding Augusta's applications for permits required... 

Augusta still looking for alternative deals, 10 potential suitors signed on

By: Henry Lazenby     23rd April 2014 US-focused copper project developer Augusta Resource Corp on Wednesday revealed that it had signed ten confidentiality agreements with potential suitors under its strategic review process, as it sought to maximise shareholder value in dealing with base metals miner Hudbay Minerals’ C$540-million... 

Courts strike down CEO’s attempt to put blame on Grupo Mexico subsidiary

By: Henry Lazenby     20th March 2014 A Mexican district court and a court of appeals have both rejected attempts by billionaire Germán Larrea Mota Velasco, CEO of Grupo Mexico, to compel subsidiary Americas Mining Corporation (AMC), to answer as co-defendant in a long-standing personal breach-of-contract lawsuit brought by UK... 

Modular Mining Systems Expands, Debuts New Facility in Tucson, AZ

     18th March 2014 Modular Mining Systems, Inc., the global leader in the delivery of real-time computer-based mine management solutions for surface and underground mining operations, recently held a ribbon cutting ceremony for its new Integrated R+D and Support Center. To keep pace with continued growth in global... 

Business as usual won’t cut it anymore, says software group Mintec

By: Mariaan Webb     28th February 2014 With uncertain commodity markets, mining software group Mintec has reported a “year unlike any other” in 2013, as resource firms increasingly turned to technological innovation to increase efficiencies and lower costs. 

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