Category: Breaking News

Macmahon to Acquire TMM Group

Contract services provider Macmahon Holdings Ltd. has signed an agreement to purchase TMM Group, a Brisbane-based group of companies that provide civil construction and operations and maintenance services to the Queensland coal...

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Boart Longyear Gears Up for PDAC 2018

With the Prospectors & Developers Association of Canada’s (PDAC) annual meeting fast approaching, Boart Longyear said it will introduce several new products to help customers drill better. The event takes place March 4-7 at...

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Polyus Increases Gold Production

Russia’s largest gold producer, PJSC Polyus, reported a 10% year-on-year increase in gold production, taking total gold production for 2017 to 2.16 million ounces (oz). The company said it also moved 27% more ore (nearly 38...

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Randgold Repeats Record

For the seventh consecutive year, Randgold Resources has increased its gold production. In 2017, it boosted output by 5% to 1.315 million ounces (oz), ahead of its guidance, while shrinking total cash cost by 3% to $620/oz....

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QIO Signs Long-term Agreement With Metso

Quebec Iron Ore Inc. (QIO), a subsidiary of a Montreal-based iron development and exploration company, Champion Iron Ltd., has signed a three-year strategic partnership agreement with Metso for the maintenance of Metso equipment...

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Centerra Restarts Mill at Mount Milligan

Centerra Gold reported that its Mount Milligan operation in British Columbia, Canada, initiated the restart of its mill operations at partial capacity on February 5. The mill is using one of three ball mills to minimize water...

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Suncor to Deploy Fleet of Autonomous Komatsu Haulers

Suncor will incrementally roll out a fleet of autonomous haulers at its oil sands mines over the course of the next six years, starting with its North Steepbank mine, the company announced. The move makes Suncor the first North...

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Santa Rosa Mill Ramps Up in Colombia

Red Eagle Mining started the mill successfully at the Santa Rosa gold project, near Antioquia, Colombia, on January 2. Since then, it has been operating continuously, ramping up to 750 metric tons per day (mt/d). The company...

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