Category: Breaking News

Nolia Hosts Successful Euro Mine Expo

The Euro Mine Expo conference, hosted by Nolia, concluded on Thursday, June 14. The event, which took place in Skellefteå, Sweden, attracted more than 1,800 people. It focused on new business opportunities and future visions for...

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Katanga Reaches Agreement With Gécamines

Katanga Mining Ltd., together with its 75% operating subsidiary in the Democratic Republic of the Congo (DRC), Kamoto Copper Co. (KCC), has entered into an agreement, effective June 14, with joint venture partner, DRC...

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Sandvik Agrees to Fully Automate Africa Gold Mine

Sandvik Mining and Rock Technology has signed a strategic framework agreement with Resolute Mining Ltd. to fully automate the company’s large scale Syama gold mine in Mali, Africa. Under the agreement Sandvik will develop...

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Mitsubishi Increase Stake in Quellaveco

Anglo American has agreed to Mitsubishi Corp.’s proposed $600 million acquisition of a 21.9% equity interest in Anglo American Quellaveco S.A., which owns the Quellaveco copper project in Peru. Mitsubishi already holds an 18.1%...

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Matrix Introduces UVision Lighting

Matrix Design Group has an advanced technology mine lighting product, UVision, which combines LED and safe spectrum UV for the first time in a mine-duty lighting system. This patent-pending technology not only delivers 50%...

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Eriez Earns Award for Exporting Products to Chile

U.S. Ambassador to Chile Carol Z. Perez presented Eriez with the Export Leadership Award during Expomin in Santiago, Chile. This prestigious award recognizes Eriez’ exemplary leadership in exporting U.S.-made products and...

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Fortescue Acquires Stake in Atlas Iron

Fortescue Metals Group has agreed to acquire 15% of the ordinary shares in Atlas Iron Ltd. at a price of A$0.04 per share. In addition, Fortescue has an economic interest through a cash settled swap relating to notional shares...

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DRC Puts Mining Industry on Notice

By Gavin du Venage The Democratic Republic of Congo (DRC) is unlikely to roll back its contentious mining code reforms, in spite of vehement objections from the industry. At the recent Katanga Business Meeting (KBM) held in the...

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