Category: Contracts

AuTECO Darren Cooke Chief David Masakeyash

AuTECO Signs Pivotal Exploration Agreement with Ontario First Nation

AuTECO Minerals Ltd (ASX: AUT) and the Mishkeegogamang Ojibway First Nation (MOFN) have announced an exploration agreement that significantly expands the area of operation within the Pickle Crow Gold Project in the Uchi sub-province of Ontario, Canada. AuTeco said the agreement provides continued First Nation support for access to tenure for exploration purposes, while providing confidence to the Indigenous inhabitants regarding commercial, social benefit and cultural matters. “Both parties have a strong commitment to create mutual benefits while continuing to respect the traditional territories, activities, values and rights of the MOFN,” AuTeco said. The revised agreement replaces the 2009 exploration Memorandum of Understanding and now incorporates all AuTECO tenure that is located within MOFN traditional territories. The previous MOU covered…

Thiess BMA Caval Ridge Project

Thiess secures contract extension for BMA’s Caval Ridge Project

Thiess’s mining services contract with BHP Mitsubishi Alliance (BMA) for the Caval Ridge operations in Queensland, Australia, has been extended. With a potential term of up to five years, the new contract starting on 1 December 2022 has revenue to Thiess valued up to $600 million. Under this contract, Thiess will continue to provide mining services at the Caval Ridge mine, operating and maintaining mining equipment to move overburden to support BMA’s production requirements. Thiess Executive Chair and CEO Michael Wright said: “Thiess has been providing mining solutions to BMA at Caval Ridge since December 2017. “Importantly, our team continues to have a clear commitment and focus on fostering diversity and respectful workplaces, with almost 30% of the workforce being…

Envirosuite

CompaniesContracts

Envirosuite and SGS enter into strategic alliance partnership agreement

The world’s most advanced environmental intelligence technology company Envirosuite Limited has entered into a strategic alliance agreement with SGS SA (‘SGS’), the world’s leading testing, inspection, and certification company. The strategic alliance agreement sets out terms that will see Envirosuite and SGS work collaboratively to promote, market, and sell bundled services that combine SGS’s testing, inspection, and certification services with Envirosuite’s ‘EVS Omnis’ environmental intelligence platform to provide complete compliance and operational optimisation solutions for companies in a range of sectors globally, including the Mining, Heavy Industrial and Oil & Gas sectors. This partnership and resulting bundled services is expected to expand global market opportunities, accelerate revenue growth, and increase customer value for both companies. Headquartered in Geneva, Switzerland, SGS…

Epiroc Pit Viper 271 XC

Epiroc Wins Large Mining Equipment Order in Australia

CITIC Pacific Mining has ordered a fleet of Epiroc Pit Viper 271 XC blasthole drill rigs with advanced automation features for use at the Sino Iron open-pit mine in the Pilbara region in Western Australia. The powerful Pit Viper drills will be used to drill for magnetite, one of the main iron ores. The equipment order was booked in the third quarter 2022 and is valued at more than MSEK 300. “Epiroc delivered Pit Viper rigs to the Sino Iron site in 2019, and we are proud to continue this productive partnership as CITIC Pacific Mining is expanding the mine while optimizing productivity and safety,” says Epiroc’s President and CEO Helena Hedblom. “In the last three years, Epiroc has provided…

Liebherr Awarded Significant Engine Contract With BHP

Liebherr Awarded Significant Engine Contract With BHP

Liebherr has signed an agreement with BHP to integrate Liebherr engines into the global miner’s existing R 9600 600-tonne excavator fleet at South Flank mine in Western Australia. Liebherr-Australia executive general manager customer service Tony Johnstone and BHP general manager South Flank Steve Campbell recently met in Perth to mark the signing of a deal to repower the South Flank R 9600 fleet with D9812 Liebherr engines and the strong ongoing partnership between the OEM and the miner. Repowering the R 9600 fleet enables reduced maintenance and standardised parts capability. The integration will mark an important step in the partnership, while helping the customer to reduce maintenance and standardise parts capability. The integration follows intensive factory and field validations on…

Boart Longyear’s Polish Manufacturing Plant Completes Large Australian Order

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Boart Longyear’s Polish Manufacturing Plant Completes Large Australian Order

Boart Longyear Group Ltd’s (ASX:BLY) manufacturing plant in Wroclaw, Poland has completed the facility’s largest order ever for twelve LF160 drill rigs and FREEDOM Loaders to be delivered to Mitchell Services Limited, an Australian customer. Pat Nill, Boart Longyear’s Vice President of Global Products, said the achievement included the coordination of teams in Poland, Australia, Germany, and the US. “We are very proud of what our Polish manufacturing team and local Australian teams have achieved, which required strong global coordination between the production, engineering, and R&D teams to meet our customer’s specifications. The multiple teams truly embodied our corporate value of teamwork,” Mr Nill said. Focusing on the customer’s needs, Boart Longyear’s Adelaide-based sales team partnered with the Company’s R&D…

Rio Tinto Going Electric With Pilbara Trains

Rio Tinto Going Electric With Pilbara Trains

Wabtec Corporation (NYSE: WAB) has received an order from Rio Tinto for four FLXdrive battery-electric locomotives to support sustainable operations of the mining company’s rail network in the Pilbara region of Western Australia. The 100-percent, battery-powered locomotive will help Rio Tinto’s effort to achieve a 50-percent reduction in Scope 1 and 2 carbon emissions by 2030. “Our partnership with Wabtec is an investment in innovation and an acknowledgment of the need to increase the pace of our decarbonization efforts,” said Rio Tinto Iron Ore Managing Director of Port, Rail and Core Services, Richard Cohen. “By locking this in now, we are making progress in our efforts to reduce our Scope 1 and 2 carbon emissions by 50 percent by 2030.”…

Eriez Wet Drums Boost Tasmanian Project Iron Ore Recoveries

Eriez Wet Drums Boost Tasmanian Project Iron Ore Recoveries

Australia’s premier producer of iron ore pellets Grange Resources Limited is reporting a 1% increase in production at its Savage River magnetite iron ore mine after upgrading its aging rougher magnetic separators in the concentrator to Eriez Self-Levelling Wet Drum Separators. Following initial test work, this seamless transition to Eriez magnetic separators has improved plant recoveries. Grange Resources Limited’s Interim Financial Report for the Half-Year Ended 30 June 2021 noted: “A project at the Concentrator was completed in the quarter to replace the Rougher Magnetic Separators. This involved design improvements and new technology to replace the 53-year-old magnetic separators that extracts the magnetite from the ore feed. Eight units have now been successfully implemented, with the upgrades improving plant recovery…

European funds for aluminium plant

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European funds for aluminium plant

A $189M new high purity alumina (HPA) plant will be established in Kwinana, WA, by FYI Resources, with about 30pc of the financing secured from a European private fund. Luxembourg’s GEM Global Yield, a US$3.4b alternative investment group, will be financing $80m or about 30pc of the cost to build the proposed Kwinana plant. First production of HPA is targeted in the second quarter of 2022, with the company aiming to produce up to 8000tpa. FYI Resources managing director Roland Hill says the company is pleased to secure significant equity funding, which will de-risk the project by providing funding access at critical development stages. “Our definitive feasibility study outcome was outstanding, with results within five pc of our pre-feasibility study…

Antipa in $60m farm-in deal

Antipa in $60m farm-in deal

ANTIPA Minerals (ASX: AZY) has entered into a $60m farm-in agreement and exploration joint venture agreement with gold miner Newcrest. The agreement covers the southern part of Antipa Minerals’ 100pc-owned exploration ground in the Paterson province of WA, which will now be known as the Wilki project. The Wilki project abuts Newcrest’s Telfer mine for gold and copper and its O’Callaghans deposit. Under the deal Newcrest has the option to acquire a 75pc interest in the joint venture for Wilki. Also, Newcrest has entered into an agreement with Antipa Minerals to acquire a 9.9pc shareholding in the Australian company through a $3.9m share placement. Antipa Minerals chairman Stephen Power said the agreement with Newcrest will ensure a robust exploration program…

Monodelphous award tip top contract

Monodelphous award tip top contract

WA REMA Tip Top has received a bolster to its partnership with Monodelphous as the mining services giant awards it a $1.2m contract in the Pilbara, WA. Rema Tip Top will provide belt splicing capabilities for five conveyors, including overland and run of mine conveyors connecting Rio Tinto’s West Angelas Deposits C and D with its existing process plant and stockyard. REMA TIP TOP Asia Pacific chief executive, Benedikt Schneider, said that Rema Tip Top prides itself on its ability to provide best in class services. “This new contract with Monadelphous speaks to their trust in our ability to get the job done on time, to specification and with safety performance of paramount importance,” he said. Rema Tip Top is…