A record-breaking raise boring achievement in Scandinavia has highlighted the reliability and innovation of Sandvik’s drilling tools. A 700m ventilation shaft was completed in a single pass for Zinkgruvan Mining in Sweden. Drillcon Group commenced the project in April...
Gold prices scaled a record peak above the crucial $3 000-mark for the second time in a week, as investors sought cover from economic concerns fuelled by US President Donald Trump’s tariff policies. Spot gold rose 0.2% to $3 006.88 an ounce as of 0525 GMT after...
New Hope has announced an on-market share buy-back of up to $100 million after posting impressive results in the first half of the 2024–25 financial year (FY25). The news comes as the company declared a fully franked interim dividend of $0.19 per share, up from $0.17...
Sandvik Mining and Rock Solutions is set to deliver another fleet of intelligent underground drills and load and haul equipment to a mine in southeast Asia. The order comprises: Sandvik DS422i development drills that have a hole diameter of 3.44–5.88 m Sandvik DS422i...
The coal industry was supposed to be going the way of the dodo, but it is actually showing no sign of being an endangered species. Coal producer Seriti Resources had the official launch for its Naudesbank Colliery near Carolina, Mpumalanga, on Friday, and Minerals...
