Vedanta Resources and the Zambian government on Monday sealed an agreement that restores the Indian company’s ownership of Konkola Copper Mines (KCM), ending a protracted ownership battle that stifled investment. Zambia’s Mines Minister Paul...
Despite inflationary pressures impacting the mining sector, Australian resources company Centrex has made a substantial cut to its capital expenditure (capex) guidance for the expansion of the Ardmore phosphate mine, in Queensland. The budgeted capex to complete the...
The leader of the South Pacific island of Bougainville aims to reopen the giant Panguna mine, which holds billions of dollars worth of copper, gold and silver. And he’s visiting the US to rally support. Panguna, formerly operated by Rio Tinto Group, shut in 1989 after...
Vision Blue Resources, led by Sir Mick Davis, will invest $40-million in ASX-listed Mayur Resources’ Central Lime Project (CLP), in Papua New Guinea, for a 49% equity stake. The CLP is Phase 1 of a vertically integrated manufacturing facility with the ability to meet...
Liebherr has expanded its tunnel excavator range by introducing the new R 930 Tunnel crawler excavator globally. The R 930 Tunnel is an excavator that was specifically designed by Liebherr-France SAS in Colmar for underground construction sites, and it will...
