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The contract relates to underground development and production stoping from the Beresford and Allanson underground mines, which together comprise the Westralia Mine Area.   BY REUBEN ADAMS    Dacian Gold is on track to be pouring first gold at Mt Morgans within 12 months after conditionally awarding the underground mining contract to WA contractor RUC Cementation Mining (RUC).   The conditional Letter of Intent relates to underground development and production stoping from the Beresford and Allanson underground mines, which together comprise the Westralia Mine Area. The contract – initially 3 years with two discretionary 1 year extensions – includes establishment of a new portal for Beresford; rehabilitation of the existing Allanson portal and decline; all decline and level development; all...

Image: Elliott's proposal included the demerger and separate listing of BHP Billiton's US petroleum business on the New York Stock Exchange (NYSE).     BY REUBEN ADAMS   BHP Billiton shareholder Elliott Advisors has called on the Group to scrap the miner's dual company structure, spin-off its oil assets and return more cash to investors.   Elliott, a hedge fund which holds about 4.1 per cent of the issued share capital of BHP, proposed that BHP merge its UK and Australian entities into a single Australian-headquartered and Australian tax resident listed company, while demerging and separately listing its US petroleum business on the New York Stock Exchange (NYSE). The Value Unlock Plan could to provide BHP shareholders with an increase in...

 Image: GE chief executive Jeff Immelt  (left) & South32 chief executive Graham Kerr (right). BY REUBEN ADAMS GE has signed on to help drive South32’s digital transformation as part of a three-year strategic partnership. GE’s Predix platform – connecting industrial equipment, data analysis and instant insights – will help the miner make fast, informed decisions and optimise entire operations rather than individualised assets and equipment. “Bringing the world of operational technology and information technology together to monitor equipment and systems remotely and predict future behaviour is a game changer,” South32 chief executive Graham Kerr said. “It has the potential to identify and solve a problem before it affects operations.” South32 chief technology officer Ricus Grimbeek added that “if we get this right,...

Image:  Dr  Guthrie said collaboration between METS  and resources companies was vital to maintaining Australia's global economic position, as well as increasing its reach as a net exporter of  leading mining technologies.   BY REUBEN ADAMS   AUSTRALIA’S world-class mining and mining equipment, technology and services (METS) sectors must collaborate better to maintain the country’s global economic position, Minerals Council of Australia chair Dr Vanessa Guthrie has said. Ahead of her talk at the Austmine 2017: Mining’s Innovation Imperative conference, Dr Guthrie said mining and METS companies were drivers of innovation and investment and generated the bulk of Australia’s export earnings. “By collaborating and partnering at an industry level we can ensure that mining and METS continue to innovate and...

The winning Digi-MIN team consisting of three Gekko representatives (graduate process engineer Eliza Craig, graduate metallurgist Barry Tuncks and mechanical designer Matt Kurtze) and Monash University student Daniel Bechaz. By Elizabeth Fabri GEKKO Systems has partnered with Rockwell Automation to develop a metallurgical software program that will account for metal content at various stages of ore processing and provide miners with analytic capabilities to audit and improve performance. In late February the two companies signed a Memorandum of Understanding (MoU), and had now progressed to the development and pilot stage of the project. Gekko global mining and processing services manager Renaldo Maras said the company was pleased to be collaborating with Rockwell Automation; a company it had worked with at...