by Gordon Barratt | May 11, 2022 | News
Surging inflation is eating into gold miner Gold Fields’ contingency cost buffer for its Salares Norte project in Chile, CEO Chris Griffith said on Monday, adding that the South Africa-listed company is seeing at least 10% inflation in the regions where it...
by Gordon Barratt | May 11, 2022 | News
Today’s Cat 7495 and 7495 HF Electric Rope Shovel (ERS) models feature multiple design enhancements to the lower structures that increase machine reliability and significantly lower overall total cost of ownership. These upgrades cover the track (crawler) frames,...
by Gordon Barratt | May 11, 2022 | News
The Cummins Tier 4 QSK60 delivers up to 5 per cent fuel savings. Hidden in the frame of a massive mining machine, a 60-litre V16 diesel engine rated at 2500hp may not appear significant in a physical sense. Yet its contribution to lower cost of production – and...
by Gordon Barratt | May 10, 2022 | News
The minister of mineral resources and energy has long defended South Africa’s continued use of coal “Everyone is telling us to get out of coal but they are still demanding coal from us.” These were the words of Mineral Resources and Energy Minister Gwede Mantashe at...
by Gordon Barratt | May 10, 2022 | News
First Quantum Minerals’ board of directors has given the go-ahead for the immediate roll-out of two projects in Zambia – the S3 expansion at its Kansanshi copper/gold mine, as well as the roll-out of the Enterprise nickel project. “First Quantum has been working...
by Gordon Barratt | May 10, 2022 | News
Ivanhoe Mines has announced the completion of the Shaft 1 production changeover at the company’s Platreef platinum group metals (PGMs) and copper project in South Africa’s Bushveld Complex. Shaft 1 will serve at Platreef’s initial production shaft and is about 450 m...
