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Aeris hits Cracow production target

The Cracow gold mine. Image: Evolution Mining. Aeris Resources has achieved its production goal at the Cracow gold operations in Queensland in the first year since its acquisition of the site from Evolution Mining. The operations were bought from Evolution for around...

Altrad targets Asia Pacific with Valmec acquisition

French engineering company Altrad plans to take ownership of Valmec with ambitions to grow the ASX-listed contractor’s presence in the Asia-Pacific region following the acquisition. The scheme implementation deed will see Valmec valued at around $52 million, as Altrad...

Perenti contract extends AngloGold Ashanti relationship

Perenti chairman Ian Cochrane and managing director Mark Norwell. Image: Perenti Global. AngloGold Ashanti has awarded a $470 million contract for mining services to a Perenti Global joint venture (JV) at the Iduapriem gold mine in Ghana. AMAX is a 60:40 JV between...

Sandvik to acquire metrology and automation company

Sandvik has signed an agreement to acquire US based DWFritz Automation, a manufacturer of non-contact metrology solutions and automation systems. The company will become part of Sandvik’s Metrology division, within Manufacturing and Machining Solutions. DWFritz...