Newmont, the world’s biggest gold miner, said it’s on track to raise $2-billion — if not more — from selling smaller mines and development projects. “We’ll get at least that,” COO Natascha Viljoen said Tuesday in an interview on the sidelines of...
Rio Tinto will develop seed farms in Australia to evaluate the potential of Pongamia seed oil as a feedstock for renewable diesel. Pongamia is an Australian legume tree that produces oil-rich seeds which can be processed into renewable diesel, offering a significant...
Caterpillar has introduced an innovative solution designed to address a major challenge in the mining industry’s shift to renewable energy: energy management. The new Cat Dynamic Energy Transfer (DET) system allows for energy transfer to both diesel-electric and...
Bunting has developed three designs of Permanent Crossbelt Overband Magnet (PCB) (PCB), with different magnetic polarity, to suit an ever-expanding range of applications. Overband Magnets are mounted over conveyors to separate ferrous metal from non-magnetic...
Goldman Sachs reiterated its optimistic outlook on gold prices on Monday, citing central bank demand and the imminent interest rate cut from the US Federal Reserve at its policy meeting this week. Gold prices rose to an all-time high at $2 589.6 an ounce on Monday,...
