by Gordon Barratt | Apr 1, 2025 | News
Canada-headquartered Lucara Diamonds has terminated its engineering, procurement, and construction management contract with JDS Energy & Mining (JDS), effective March 31, as it transitions to owner-managed operations at the Karowe underground expansion project...
by Gordon Barratt | Apr 1, 2025 | News
Gold prices hit a record peak on Tuesday, as concerns that US President Donald Trump’s reciprocal tariffs might fuel inflationary pressures and impede economic growth drove safe-haven demand. Spot gold was up 0.6% at $3 142.83 an ounce, as of 03:10 GMT, after...
by Gordon Barratt | Apr 1, 2025 | News
Oskar Lewnowski has a good claim to be the poster boy for private capital in mining. A former investment banker who quit the legendary London-based commodity hedge fund Red Kite to start out on his own a decade ago, Lewnowski’s company Orion Resource Partners is now...
by Gordon Barratt | Apr 1, 2025 | News
ABB has launched an artificial intelligence (AI)-powered assistant called the GMD Copilot, designed to optimise the operation of gearless drives (GMDs). The innovation gives the user context-specific information instantly and provides a complete overview of the system...
by Gordon Barratt | Apr 1, 2025 | News
Whitehaven has officially formed a 70:30 joint venture at its Blackwater coal mine with Nippon Steel Corporation and JFE Steel Whitehaven. Nippon Steel owns a 20 per cent interest in Blackwater, with JFE Steel owning 10 per cent. Whitehaven has retained a 70 per cent...
