Tecweigh-Custom engineered weightometers & other weighing solutions

BHP Billiton's Shenzi operations in the Gulf of Mexico. By Elizabeth Fabri BHP Billiton’s will increase exploration expenditure to $US900 million in the next financial year, accounting for 18 per cent of its overall capital budget. A value-focused approach to exploration was announced on 27 June at Citigroup’s Mining Exploration Day in Sydney by BHP Billiton head of geoscience Laura Tyler, who outlined the company’s plan to enhance its tier 1 portfolio by focusing on copper and oil. “We are investing at a time when most in our sector continue to reduce discretionary spend,” Ms Tyler said. “We are also challenging existing paradigms with a scientific based and disciplined approach to exploration.  “We have reduced exploration operating costs by 70 per cent since...

Evolution on track to deliver “over $1.9b operating cash flow” in FY25 Evolution Mining (ASX: EVN) has followed its record FY24 performance, with the company announcing it’s on track to achieve over $1.9b of operating cash flow by the end of FY25. In Q1 FY25, Evolution generated mine cash flow of $429m, with all operations delivering positive cash flow and major contributions coming from the Cowal and Red Lake operations. Looking at production, 193,554oz of gold and 19,059t of copper was produced, and with an all-in sustaining cost (AISC) of $1569/oz, Evolution remains one of the lowest cost producers in the sector. Evolution managing director...

Scooptram ST18 SG is the most powerful loader yet in Epiroc’s growing fleet of battery-electric vehicles. Featuring market-leading battery autonomy and a complete battery safety system, Epiroc’s customers can now go the extra mile when it comes to safety, sustainability, and productivity in the 18-tonne loader segment. “The interest from customers has been extensive and several loaders are already booked. The very first of these machines will be delivered to Boliden’s developing Rävliden mine in Sweden. Scooptram ST18 SG is a great fit for their high ambitions regarding sustainability and automation” says Erik Gert, Global product manager – Scooptram at Epiroc’s Underground division. Scooptram ST18 SG is the answer to the rising demand for large segment loaders in underground operations...

Victoria green lights Goschen & Avonbank critical minerals projects Victorian Planning Minister Sonya Kilkenny has signed off the Environment Effects Statement (EES) for both projects. There have been major milestones for VHM’s Goschen rare earth and mineral sands project (ASX: VHM) and WIM Resources’ Avonbank mineral sands project with the Victorian Government giving the green light, subject to conditions. Victorian Planning Minister Sonya Kilkenny has signed off the Environment Effects Statement (EES) for both projects, with further approval still required for a mining licence and a mine work plan which will involve consultation with the community. The projects also require Environment Protection and Biodiversity Conservation Act 1999 approval from the Federal Government. “It’s crucial that we balance development with the...