The company bought 85% of Worcester-based Materials Solutions in 2016, describing the business as a pioneer in the use of selective laser melting (SLM) technology for the manufacture of high-performance metal parts. The business had "grown considerably over the last two years".Siemens' new investment is expected to increase the number of engineers, metallurgists and manufacturing specialists at th...Read More
The company said an electrical technician was injured while working on an underground voltage regulator. It said he was immediately transported to hospital, where he later passed away.Capstone said it was committed to the highest safety standards at its operations and sincerely regretted those efforts did not prevent the incident."Our heartfelt sympathy goes out to our miner's family and our entir...Read More
That is at least the opinion of Fitch Ratings, which affirmed the miner's long-term issuer default rating (IDR) at ‘B', saying its long-term outlook was stable and its operational profile was consistent with a ‘BB' rating. It was only its debt level and credit metrics holding it back.Read More
The Union No1 went on strike at the BHP (AU:BHP) majority-owned mine in February 2017 for 44 days, then exercised its right to extend the existing contract for 18 months.Sindicato No 1 confirmed it had received a formal invitation to start talks ahead of the mid-year deadline.In a translated statement, it said it had been asked for a negotiation period of three weeks but said committing to a deadl...Read More
The Indonesian government is forcing Freeport to sell up after years of back and forth about in-country beneficiation, although the US company will likely stay operator of the mine as it moves to a block cave model. Read More
The Antofagasta action, the first time miners would have gone on strike in the over 17 years it has been operating, is likely to lead to tighter supply and higher prices.Read More
Nevada Copper has had both its Pumpkin Hollow copper underground mine project in Nevada and its balance sheet re-engineered over the past 12 months, putting it in somewhat rare space in the sector. Gill says the development pipelines of both major copper producers and aspirants are bereft of significant new projects in any sort of position to respond to surging copper prices.Majors are not yet rea...Read More
RESOURCEStocks: Christian, the Hot Chili consolidation strategy continues apace with your latest deal to acquire 90% of another highly prospective copper property, Valentina, near the company's Productora project. Like the other two new additions to the portfolio, San Antonio and Lulu, Valentina has had limited drilling and mining that has underlined its potential as an attractive copper explorati...Read More
The improvements at its copper and tin operations are coinciding with an uptick in commodity prices and the surge in cobalt has prompted a fresh look at its Wingellina project, which remains one of the world's largest undeveloped nickel-cobalt-scandium assets.Its tin business is going from strength to strength, however managing director Warren Hallam sees the Nifty copper operation in Western Aust...Read More
Valor heads into a busy 2018 drilling and study schedule with plenty of wind in its sails after boosting the total resource tonnage by 80% at the Berenguela copper, silver and zinc project, and expanding estimated copper and silver resources to more than 770 million pounds and 127 million ounces, respectively, both up 37% on previous estimates.Total contained zinc in the latest JORC mineral resour...Read More
US Army Corps of Engineers' acceptance of wholly-owned Pebble Limited Partnership's Clean Water Act 404 permitting documentation in January 2018 for Pebble, provides a basis for the Alaska copper-gold company to move into a long-awaited objective and transparent Environmental Impact Statement (EIS) phase for an actual project in the state's Bristol Bay region - a process under which it can d...Read More
Certainly CEO Rob Henderson thinks the company's circa-18% gain since the start of 2018, taking its market capitalisation to around US$174 million (C$219 million), is just a step in the right direction."I believe that investor awareness of Amerigo is improving and our recent Q3 earnings of US$7.9 million demonstrate that we can generate good cash flow at a copper price of US$3.00/lb [now about US$...Read More
Kovacevic is a well-known commentator in the mining industry; his bullish copper talks are in demand on the conference circuit where he promotes the red metal as the energy- and technology-agnostic material for which demand will continue to rise however humans decide to power and transport themselves.Read More
The new study should be considerably more palatable to shareholders than Nevada Copper's last take on the Yerington, Nevada-located project, which was a 70,000 tonnes per day integrated underground/openpit operation with a US$1 billion initial price tag and an after-tax internal rate of return of 15.6%. Released in May 2015 as copper prices were in free fall, it went over like a lead balloon.Read More
In this podcast, you'll find information on a variety of mining ventilation systems and how they are used in the underground mining process. We will also touch on several other service features that are critical to underground mining.Read More
With the release of the latest version of MICROMINE's market leading data management solution Geobank 2018 imminent, Geobank Product Strategy Manager Mark Gabbitus gives us an exclusive preview of some of the key enhancements of the software and how it will benefit the user."The focus of Geobank 2018 is on usability. We believe that the changes we have made will have a positive impact on our users...Read More
Highlights• LiDAR elevation survey scheduled during the June quarter • Mobilisation to occur in March, drilling to commence in April • Long term diamond drill contract awarded for Misima Gold Project • Study of structural controls to mineralisation nearing completion • Mapping and channel sampling program ongoingKingston Resources Limited (Kingston or the Company) is pleas...Read More
MICROMINE, the leading provider of intuitive mining solutions, is set to release the latest version of its market leading 3D modelling and mine planning software Micromine, in Q2 2018.MICROMINE has maintained its market leading reputation by regularly releasing new software versions which build upon the strengths of its solutions. This ensures MICROMINE's software continues to meet evolving user n...Read More
Valor Resources Limited ("VAL" or the "Company") is very pleased to report the first results of the previously announced surface sampling campaign. VAL has identified significant high grade mineralisation at surface, approximately 1,500 metres southwest of Berenguela Central, within the Berenguela concession package, in an area called ‘Corona'.Highlights:• This discovery indicates...Read More
KSN is a metals exploration company. Currently the Company's priority is the world-class Misima Gold Project in PNG, which contains a JORC resource of 2.8Moz Au, a production history of over 3.7Moz and outstanding potential for additional resource growth through exploration success. Kingston currently owns 49% of the Misima Gold Project and is earning in to 70%. In addition, the Livingstone Gold P...Read More