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Sandvik shows future of mining at MINExpo INTERNATIONAL® 2024 Sandvik will introduce innovative new solutions and showcase its latest technologies at mining’s largest tradeshow, including battery-electric and diesel-electric equipment to help customers improve their sustainability. Sandvik will have its latest innovations on display at MINExpo INTERNATIONAL® 2024 in Las Vegas, September 24-26, including its new Toro™ diesel-electric truck...

Northern Territory signs two MoU’s with JOGMEC The Northern Territory Government has signed two Memorandum of Understanding’s (MoU) with Japan Organisation for Metals and Energy Security (JOGMEC). The MoU’s strengthen economic and strategic trade ties between the Northern Territory and Japan, ties which underscored $7.7b worth of goods exported from the Northern Territory to Japan in 2022/23. Northern Territory Chief Minister Eva Lawler commented on the MoU’s. “By strengthening our collaboration with key trading partners like Japan, we are bolstering the Northern Territory’s emerging critical minerals sector and creating more working opportunities for people across the Northern Territory.” The first MoU, signed by Ms Lawler and...

Anglo American reports promising Q2 results Anglo American reports increased steelmaking coal and copper production for Q2 alongside record performance for the Minas-Rio iron ore mine in Brazil. Anglo American chief executive Duncan Wanblad says the company will continue to embed operational excellence across the asset base. “In May, we announced our plan to accelerate our strategy by simplifying the portfolio and focusing on our world-class assets in copper, premium iron ore and crop nutrients,” he said. “We are working at pace to execute on the asset divestments, including steelmaking coal with the intention of optimising value for our shareholders, while minimising frictional...

Rio Tinto ships 4bt of iron ore to China Rio Tinto (ASX: RIO) has celebrated the shipment of 4bt of iron ore from WA’s Pilbara to China, a milestone reached 51 years after the first shipment. Over more than 50 years, China has become Rio’s largest customer with around 250mt of iron ore shipped there every year. The 4bt of iron ore shipped is enough to produce the steel needed for around 45,000 Sydney Harbour Bridges or more than 23,000 Beijing National Stadiums. Rio iron ore chief executive Simon Trott commented on the milestone. “China has been a critical partner...

Ordell Minerals debuts on ASX following $6m IPO Australia’s newest exploration company Ordell Minerals (ASX: ORD) has debuted on the ASX following a $6m initial public offering (IPO). Ordell’s key asset is an 80% interest in the Barimaia gold project which is located in the Murchison region of WA. Barimaia is an advanced exploration project with significant drilling results of 15m @ 11.4g/t gold from 74m and 5m @4g/t gold from 43m. Exploration by previous owner Genesis Minerals (ASX: GMD) identified an extensive gold system with historical reverse circulation drilling highlighting shallow open pit potential. In addition to Barimaia, Ordell holds the Goodia lithium...

A golden Q2 for Evolution Mining Evolution Mining (ASX: EVN) released its Q2 results, with record group cash flow up 171% from Q2 following strong gold and copper production. FY24 was a foundational year for Evolution’s gold production following its acquisition of the Northparkes mine. The company’s Q2 gold production was up 14% from Q1 to 212,070oz with copper production remaining consistent 20,318t. Sustainability performance was achieved in all key areas, with a 13% improvement from the prior year in total recordable injury frequency. Evolution reports a 14% reduction in emissions from May 31, 2024, showing progress towards its 2030 emissions reduction target...

A new research program from the CSIRO will supercharge critical minerals technology and strengthen international collaboration on critical minerals science.

LECE Simplifies and Streamlines Preventative Electrical Maintenance In mining and industrial operations, fixed plant, material handling, mineral processing, energy generation and storage equipment all have increasing electrical and control maintenance requirements. However, servicing and maintaining these is diverse and spans multiple specialisations.  Currently, the market is facing a lack of quality skilled resources to maintain customers’ electrical, controls and instrumentation assets. Specific maintenance routine requirements for rapidly expanding renewable energy networks and Battery Energy Storage Systems (BESS) is adding a strain to the electrical maintenance industry, increasing costs and inefficiencies.  Since 2019, the Perth-based LECE Group have been growing as a sought-after electrical maintenance partner for the industrial, resources and grain industries. The multidisciplinary team provides specialised electrical maintenance and...

Alcoa Alumina acquisition approved alongside strong Q2 results Alcoa stockholders have approved the Alumina (ASX: AWC) acquisition, as the mining giant today posts strong second quarter results. Alcoa expects the acquisition to be completed by August 1, 2024, subject to approval by the shareholders of Alumina. Alcoa president and chief executive William F. Oplinger says this is an important milestone for the company. “The strong support from our stockholders reflects their recognition of this strategic step to enhance Alcoa’s global position as a leading pure-play, upstream aluminium company," he said. This closes a productive Q2 for Alcoa, that saw a 12% revenue...

FIRB approves Westgold-Karora merger The Foreign Investment Review Board (FIRB) has issued its approval of Westgold’s (ASX: WGX) acquisition of Karora. The enlarged Westgold will have a $2.4b market cap with combined ore reserves of 3.2moz and mineral resources of 13moz, which Westgold says will place it solidly among the top 5 ASX-listed gold producers operating predominantly in Australia. The company will be well funded, with financial resources of about $160m and dual listing on the ASX and Toronto stock exchange (TSX). Westgold expects to complete the transaction by the end of...