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BHP partners with Toyota for electric vehicle trial at Nickel West
By: Donna Slater 8th January 2021 Diversified miner BHP and automotive manufacturer Toyota Australia have partnered on a new light electric vehicle (LEV) trial at BHP’s Nickel West operations in Western Australia. Under the partnership, a LandCruiser 70 has been converted from running on diesel to being fully electric through... →
Capital restraint, lower mine site costs to drive down gold AISC in 2021
By: Marleny Arnoldi 4th January 2021 Research agency S&P Global Market Intelligence says that, on a by-product basis, all-in sustaining costs (AISC) for gold will continue to decline this year, on the back of a weak foreign exchange environment and tight control of sustaining capital and exploration spending. In 2019, AISC was up by... →
Caledonia secures an option over another gold prospect in the Zimbabwe Midlands
By: Creamer Media Reporter 17th December 2020 Aim- and NYSE American-listed Caledonia Mining Corporation announces that, in addition to having entered into an option agreement over the Glen Hume project, in Zimbabwe, earlier this months, it has entered into another option agreement in respect of an additional area in Zimbabwe. The latest... →
Resolute sells Bibiani for $105m to Chinese group 
By: Esmarie Iannucci 15th December 2020 Gold miner Resolute Mining has struck a $105-million sales agreement with China’s Chifeng Jilong Gold Mining Co for its Bibiani gold mine, in Ghana. The project was acquired by Resolute in 2004, and was placed on care and maintenance shortly after, to allow exploration activities to enable the... →
Cigar Lake uranium mine idled as Covid-19 risks increase
By: Mariaan Webb 14th December 2020 Canadian uranium major Cameco on Monday announced that it would temporarily suspend production at its Cigar Lake uranium mine over the coming weeks, citing increased risks posed by the Covid-19 pandemic. With Covid-19 cases rising in Saskatchewan, the company is having difficulty in accessing... →
Issues arise at Aurelia's Peak mine
By: Esmarie Iannucci 14th December 2020 Equipment failure has been detected at ASX-listed Aurelia Metals’ Peak gold and base metals project, in New South Wales, causing interruptions to the shaft operations. The company on Monday said that an operational fault was detected when the haulage system tripped as a skip was positioned for... →
Northern Endeavour to be decomisisoned - Minister
By: Esmarie Iannucci 14th December 2020 Federal Resources Minister Keith Pitt on Monday announced that the government had taken the decision to decommission the Northern Endeavour floating production storage and offtake facility and associated oil fields to remove potential risks to the environment. Pitt said the government had... →
Pilbara launches A$240m raise for Altura buy
By: Esmarie Iannucci 14th December 2020 Lithium miner Pilbara Minerals has launched a A$240-million equity raising to fund the acquisition of fellow-listed Altura Mining’s lithium project in the Pilbara. Pilbara Minerals earlier this month entered into a share sale agreement with the administrators of fellow listed Altura Mining to... →
Anglo forecasts higher output, lower costs for 2021
By: Creamer Media Reporter 11th December 2020 Diversified miner Anglo American expects its production for 2021 to increase by 14% year-on-year and its unit costs to decrease by 3% year-on-year. In an investor update published on December 11, the miner said it had maintain a strong performance this year, despite Covid-19-related and other... →
Bigger not always better with gensets – OEM
By: Marleny Arnoldi 4th December 2020 Bigger is not always better when considering generators (gensets) and standby power, and it is vital that site-specific power requirements and conditions are taken into account during the design phase of these power supply products, says local manufacturer Zest WEG. →
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