Finance & business

The Queensland Resources Council has welcomed the Palaszczuk Government’s designation of the proposed US$1.5 billion Glencore Valeria coal mine in central Queensland as a coordinated project.

Weir Minerals has been working with miners in Mongolia for more than two decades, beginning with the Oyu Tolgoi mine.

The corona pandemic drove Sandvik’s tube site in Germany to go fully digital in 2 days.

Monarch Gold Corp. has recently announced the closing of a CAN$5 419 800 private placement with Yamana Gold Inc., Alamos Gold Inc. and other investors.

Wenco International Mining Systems Ltd and Oxbotica Ltd have signed an MOU to develop an Open Autonomy solution for mining.

Technology leader ABB has entered into an agreement with Zijin Mining Group to install its ring-geared mill drives and control systems at Veliki Krivelj Copper Mine – a surface mining operation with an annual ore processing capacity of 2.5 million t.

Monarch Gold Corp. has announced the closing of the sale for the Fayolle property to IAMGOLD Corp. for a total consideration of CAN$11.5 million.

Austmine has announced that Austin Engineering has signed on to another year as an Industry Partner to its organisation.

Greatland Gold plc, a precious and base metals exploration and development company, has announced that various agreements have been executed in order to facilitate a mining lease application at Havieron, Australia.

With Mikko Tepponen now in place as the new Chief Digital Officer (CDO), FLSmidth aims to accelerate both the digital transformation of its own business and its portfolio of digital offerings.

Columbus Gold has recently announced that it has changed its name to Orea Mining Corp, effective 5 June 2020.

Tectonic Metals Inc. has recently announced that the company has launched a non-brokered private placement financing of up to CAN$3 million.

Monarch Gold Corp. has entered into an agreement for the sale of the Fayolle property to IAMGOLD Corp. for US$11.5 million.

Hilco Global APAC and Gordon Brothers have partnered to disperse a fleet of late model Caterpillar 100T-class mobile mining assets located in South Africa.

Teck Resources Limited has announced that Compania Minera Antamina has now resumed operations at the Antamina mine, Peru.