miner's life news

Nov 24, 2020
Top mid-tier miners driving recovery

Top mid-tier miners driving recovery

Australia’s top 50 mid-tier miners have kept a steady course in terms of revenue over the past year despite the COVID-19 pandemic and could holdthe key to resourcing Australia’s recovery, PwC says. The company’s Aussie Mine 2020 report provides industry and financial analysis on the mid-tier mining sector – covering the 50 largest ASX mining companies with a market capitali...

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Nov 24, 2020
Copper Mountain cashed up to advance Eva project

Copper Mountain cashed up to advance Eva project

Copper Mountain Mining has earmarked almost $5 million to advance the Eva copper project in North West Queensland after a share offering. The company – which owns the Copper Mountain Mine in British Columbia – has entered an agreement in which Industrial Alliance Securities will buy $C15 million (around $AU15.7 million) worth of shares. Copper Mountain Mining said it planned ...

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Nov 24, 2020
Red River locks in renewed offtake deal

Red River locks in renewed offtake deal

Red River Resources has renewed its lead and zinc concentrateofftake agreements and an extended working capital facility with commodities trading group Trafigura. The company owns the Thalanga base metal operations 55km west of Charters Towers, where it has been producing copper, lead and zinc concentrate since September 2017. Red River said the new offtake agreements would commence in Janu...

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Nov 24, 2020
Avatel brings step change in development charging

Avatel brings step change in development charging

Orica and Epiroc Rock Drills AB have co-developed a prototype of the world’s first semi-automated explosives delivery system. The firms say customers in the underground mining industry can look forward to safer, efficient and more productive development blasting as early as the end of 2021, as they commence commissioning on Avatel. Epiroc underground division president Sami Niiranen said ...

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Nov 23, 2020
Volvo CE unveils mid-size electric excavator concept

Volvo CE unveils mid-size electric excavator concept

Volvo Construction Equipment (Volvo CE) has revealed its first electric prototype in the mid-size excavator range. The concept EX03 electric wheeled excavator – showcased at the China International Import Expo (CIIE) this month – promises low noise, zero exhaust emissions and reduced maintenance. While still in the concept stage with no current plans to bring it to market, the c...

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Nov 23, 2020
Upsurge in major resources projects in the pipeline

Upsurge in major resources projects in the pipeline

A key report shows a 19 per cent increase in the number of major resources and energy projects under development in Australia in 2020 compared to last year. Meanwhile the value of the projects in the investment pipeline increased by 4 per cent to $334 billion over the 12 months from the start of November 2019 to the end of October 2020. The 2020 Resources and Energy Major Projects was comp...

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Nov 21, 2020
Aquila on track for longwall production in early 2022

Aquila on track for longwall production in early 2022

About 500 people are at work on Anglo American’s Aquila project as it heads towards first longwall production of hard coking coal in early 2022. Aquila will extend the life of the Capcoal underground operations near Middlemount by six years and continue to utilise infrastructure at the complex as the Grasstree mine approaches end of life. Anglo American has awarded nearly $200 millio...

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Nov 21, 2020
Jumbo drill and bolter a groundbreaking double act

Jumbo drill and bolter a groundbreaking double act

Komatsu’s new jumbo drill and bolter boast a common platform that allows operators to convert their machine from a jumbo to a bolter, or vice versa. The company says its groundbreaking common carrier and control system for underground hard rock mining is designed to meet the industry’s needs for greater productivity and versatility while helping lower capital costs. The new small-cl...

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Nov 20, 2020
Safety and health focus in automation research

Safety and health focus in automation research

BHP Mitsubishi Alliance (BMA) and Whitehaven Coal are stumping up more than half a million dollars for University of Queensland research on automation in the mining industry. The funding will support several projects as part of the Human Aspects of Mining Automation research program developed by the Sustainable Minerals Institute (SMI) and involving researchers from across UQ. The institute...

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