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Drilling and Tunnelling News

Major Drilling completes Mozambique acquisition

By: Liezel Hill     26th March 2011 TSX-listed Major Drilling Group has bought the drilling operations of Resource Drilling in Mozambique for $9,73-million, the firm said on Friday. The deal allows the company to move into a new region, and adds 15 drill rigs, as well as the related support equipment, inventory and contracts. 

Ian Cockerill joins Peterstow Aquapower board

By: Petronel Smit     22nd March 2011 Water hydraulic drilling systems manufacturer Peterstow Aquapower on Tuesday announced the appointment of Ian Cockerill, a well-known figure in South African and global mining, as a nonexecutive director of its board. Chairperson Douglas Barrows said in a statement that Cockerill knows the... 

Major Drilling investors Ok stock split

By: Liezel Hill     10th March 2011 Shareholders in Major Drilling approved a three-for-one stock split at a special meeting on Wednesday, the firm announced in a statement. The stock split has also received conditional approval from the TSX, “subject to the delivery of certain documents”, Major Drilling said. 

Cash-flush majors are spending more on exploration – Boart CEO

By: Liezel Hill     8th March 2011 Large mining companies are increasing their exploration spending faster than juniors, driven by the need to replace reserves as fast as they are being mined, Boart Longyear CEO Craig Kipp said on Monday. “We're seeing the majors spending a lot more money than they have in the past,” he said in... 

Minotaur says Streaky Bay kaolin output could start in 2012

By: Esmarie Iannucci     4th January 2011 ASX-listed Minotaur Exploration on Tuesday reported that it could start kaolin production at its Streaky Bay project, in South Australia, by the end of 2012. The explorer said in a statement that it would proceed with formal feasibility studies, and subject to board investment approval in early... 

Hawkley says Sorochynska gas production to start soon

By: Esmarie Iannucci     4th January 2011 Oil and gas developer Hawkley said that it expected to start commercial gas production at its Sorochynska asset, in the Ukraine, by mid January. The recently-listed oil and gas company has completed the installation of the pipeline to the gas plant, and has connected the pipeline to the well head. 

ITH targets 2016 production at Alaska mine as interest swells

By: Liezel Hill     29th December 2010 International Tower Hill Mines, which already has more than 13-million ounces gold in resources at its Livengood project in Alaska, aims to have the mine in production by 2016, CEO Jeff Pontius said. Shares in the company have risen more than 50% since September 30, and were trading at around... 

Shaft Sinkers raised £30,6m, lists in London

By: Liezel Hill     23rd December 2010 South Africa's Shaft Sinkers Holdings raised £30,6-million in a share placement, ahead of a listing on the London Stock Exchange on Thursday. Shares in the company were up 8%, at 134p apiece, by 13:07 in London.  

Quadra's DMC unit will build potash shafts for BHP

By: Liezel Hill     16th December 2010 DMC Mining Services, the mining services subsidiary of base-metals producer Quadra FNX Mining, has signed a contract to build two new mine shafts for BHP Billiton at its Jansen potash project in Saskatchewan. The entire contract is valued at about $400-million, and DMC will receive a combination... 

New resin roofbolt used at Amandelbult mine

10th December 2010 Manufacturer and supplier of mining construction products DSI South Africa has supplied platinum-mining company Anglo Platinum's Amandelbult mine, near Northam, in Limpopo, with its new DD 25-mm resin roofbolt for underground rock support. 

Thembelani men and materials shaft at 1 074 m

By: Tracy Hancock     10th December 2010 Platinum-mining company Anglo Platinum reports that the men-and-materials shaft at the Thembelani two project, which is still in the execution phase, is currently 1 074 m deep. The shaft has a planned depth of 1 178 m and is scheduled for completion in July 2011. Its pillar inner core removal... 

R20-million turnkey contract for Mototolo mine

By: Tracy Hancock     10th December 2010 Engineering projects firm TWP has been awarded a R20-million turnkey contract for a new materials handling system at the Mototolo mine's concentrator, scheduled for completion in February 2011. The platinum-group metals mine is a joint venture (JV) between platinum-mining company Anglo Platinum... 

Rio Tinto will spend C$10m on Sudbury underground mining research centre

By: Liezel Hill     26th November 2010 Diversified miner Rio Tinto will invest C$10-million over five years to set up a Centre for Underground Mine Construction in Canada, the group announced late on Thursday. The new facility will be based at the Centre for Excellence in Mining Innovation (CEMI) in Sudbury, Ontario, and will focus... 

Technology seen as key to future of mining – Albanese

By: Esmarie Iannucci     3rd November 2010 Finding easily accessible resources would become increasingly difficult as global demand continued to grow, but Rio Tinto CEO Tom Albanese said that it was premature to speculate about mineral depletion. Albanese, who was speaking at the China Overseas Investment Fair, said that the earth’s... 

Developments imminent in rock breaking methods

By: Beth Shirley     17th April 2009 The Council for Scientific and Industrial Research (CSIR) mining technology research development manager Declan Vogt says that the organisation aims to dedicate research to novel rock breaking methods, such as electric discharge drilling. 

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