South Africa’s Petra Diamonds (LON:PDL) has swayed bondholders to receiving an interest payment due Friday to a later date, which would allow it to borrow R400 million ($21m) in new debt, a key move to keep the miner afloat. Petra, which has been hit by a triple whammy of weakContinue Reading
The restart plan and guidance on key economic parameters for Australia-listed uranium company Paladin Energy’s Langer Heinrich uranium operation, in Namibia, are expected to be released during the fourth quarter of the year. Care and maintenance (C&M) activities at the mine continued during the period, ended March 31, and aContinue Reading
In the drilling industry there are many techniques and equipment that have been used over the years to conduct drilling operations, but one of the more exciting and innovative pieces of equipment has been the sonic drilling rig. What Is Sonic Drilling? Sonic drilling is a more efficient method ofContinue Reading
In underground mining environments, gas boosters are often working behind the scenes to pressurize gases for recharging rebreather cylinders, fire suppression, environmental cooling or gas scavenging. Traditional pneumatic and hydraulic gas boosters have some inherent limitations. Pneumatic units work well to boost pressures at intermittent, low-flow rates, but are noisyContinue Reading
ince its launch in 2016, Epiroc’s Minetruck MT65 has held its position as the highest payload capacity underground truck in the world. Recent design modifications have further optimized this unit for even better value for end users. A new engine dramatically lowers emissions for more sustainable operations. The company’s latest engine technologyContinue Reading
At Hitachi, our iron will is to continuously improve so your iron will be even more efficient, reliable and durable. The result? Our new EX-7 Series excavators feature reduced fuel consumption and optimized productivity. The EX2600-7 is part of this new line of mining excavators, which highlights Hitachi’s focus on continuous improvement throughContinue Reading
Ivanhoe said underground development at Kakula had accelerated ahead of schedule, with 13.5km completed – 4.2km ahead of plan. The company said a new development record of 1.7km could be set in April, 562m ahead of its plan. The project is said to be on track for initial concentrate productionContinue Reading
The GHH Group brand wil include GHH Fahrzeuge GmbH of Germany, GHH Mining Machines in South Africa and Poland’s Mine Master, including various partner companies. The main focus of GHH’s activities is the production of specialised load haul dumpers, dump trucks, scalers and other utility vehicles for underground mining and tunnelling inContinue Reading
The country’s mines have been allowed to ramp up to 50% as the nation’s lockdown continues to April 30, although the matter is being challeged in court by the Association of Mineworkers and Construction Union which wants binding regulations put in place to protect mineworkers. The restart has also brought confusion overContinue Reading
Global mining giant Rio Tinto has signed an earn-in and joint venture agreement with Vancouver-headquartered Midnight Sun Mining. Under the agreement, Rio Tinto can buy up to a 75% interest in the Solwezi licences in Zambia for a total of $51m. The Solwezi licences consist of two individual exploration licences.Continue Reading
