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Mine Dewatering: An essential process for ensuring Safety and continuity in mining operations Effective dewatering is crucial for ensuring the safety and productivity of mining operations, particularly when extracting minerals below the water table or in open mines prone to rainfall. A strong dewatering plan is not only beneficial – it is absolutely essential. Understanding Mine Dewatering Challenges The process of dewatering in mining plays a pivotal role in maintaining safe and efficient working conditions by extracting water from underground and surface areas. Its primary purpose is to prevent flooding, groundwater seepage, and destabilisation of excavation sites. Additionally, it facilitates access to mineral deposits and extraction processes. Dewatering is essential for both open-pit and underground mining operations to prevent equipment...

Rio Tinto’s (ASX: RIO) Diavik diamond mine in the Northwest Territories of Canada has seen its final day of production after 23 years of operation.

WA resources sector welcomes nearly $20b in funding The WA Government has received almost $20b in funding support for critical minerals processing and resource exploration announced by the Federal Government’s 2024-2025 budget. Critical minerals producers with existing downstream processing activities and those entering production in the future will be supported by a 10% production tax credit of $17.6b over 14 years. A $10.2m investment in pre-feasibility studies to develop critical mineral common-user processing facilities and help small and medium-sized companies become producers. A further $566.1m commitment over 10 years will support the industry in finding new deposits of minerals and sources of energy and...

AUSTRALIAN-BASED Southern Gold has announced a binding agreement for the placement of 71,428,571 ordinary shares in the company at 14c per share. The objective is to raise $10m toward doubling the exploration and drilling program in South Korea. AIM-listed investment group, Metal Tiger PLC, will invest about $3.33m, with an agreement for a cornerstone position in the placement and the right to nominate one director to the company. Southern Gold owns 100pc of several high-grade gold projects in South Korea and has interests in other gold production projects in the region. The nominee for this position will be Terry Grammer, an award-winning geologist with more than 40 years’ experience in mining and mineral exploration across the globe. Mr Grammer discovered...