Mining

Trader Construction Company received the 50 000th articulated truck from Caterpillar.

Four of the mine’s existing loaders will be equipped with RCT's Smart Technology.

Nevsun shareholders will receive CAN$4.75 in cash for each Nevsun share tendered to the offer.

The initiative forms part of Austrade’s Accessing Global Value Chains trade strategy.

Teck and Newmont have agreed to a work plan at Galore Creek with the objective of completing an updated prefeasibility study over the next three to four years to improve overall project understanding and economics.

Rio Tinto has become the first mining and metals company to be awarded the Chain of Custody certification by the Aluminium Stewardship Initiative.

Mitsubishi Corp. has agreed with Anglo American to acquire an additional 21.9% equity interest in their joint venture which is developing the Quellaveco copper mine in Peru.

A measured resource of 366 000 lithium carbonate equivalent has been declared at Pular, along with an inferred resource of 113 000 t.

The Minerals Council South Africa is to launch a national campaign in August promoting Safety & Health Days in Mining 2018.

During the first 10 years of full production, Quellaveco is expected to produce approximately 300 000 tpy at a cash cost of US$1.05 per pound of copper.

QRC has welcomed the Turnbull Government’s AUS$500 000 investments in four projects under the METS Ignited Growth Centre Bowen Basin Cluster programme.

The total capital cost for the concentrate plant project, which includes a crushing plant, three concentrate production trains, an airfield, a gas pipeline and a power plant, is estimated at AUS$610 million.

On Tuesday 24 July, the National Mining Association of Canada (MAC) announced the recipient of the annual Paul Stothart Memorial Scholarship in Mineral Economics.

Queensland’s recourses industry has welcomed the progress that has been made on the Mackay Resources Centre of Excellence.

The first batch of lithium concentrate has been produced at Altura Mining Limited’s lithium mine.