by Gordon Barratt | Dec 3, 2021 | News
Downer has completed the sale of Otraco, its tyre management solutions business, to Bridgestone Mining Solutions for an enterprise value of $79 million. Bridgestone’s acquisition of Otraco is part of a strategic growth investment to accelerate the global expansion of...
by Gordon Barratt | Dec 3, 2021 | News
Golden Point underground mine at the OceanaGold Macraes operation in the South Island of New Zealand has achieved first ore production, with five thousand tonnes being moved to the mill for processing. Development of Golden Point underground began in 2020, alongside a...
by Gordon Barratt | Dec 2, 2021 | News
A new agreement between Komatsu, a global mining equipment manufacturer, and PIMS Group, a North Queensland mining services operator, could help set a benchmark for extending the life of multiple Queensland coal mines. PIMS Group was recently awarded a five-year...
by Gordon Barratt | Dec 2, 2021 | News
Despite the global shift away from fossil fuels, Indonesian coal miners have posted encouraging growth, thanks to a dramatic rise in coal prices throughout the year. Bayan Resources—owned by billionaire Low Tuck Kwong—reported revenues of $1.7 billion for the third...
by Gordon Barratt | Dec 2, 2021 | News
About 7 000 miners will return to work at Bosnia’s seven coal mines after securing a deal with the government and state-owned Elektroprivreda BiH power utility on wages and pensions, officials said on Wednesday, bringing to an end a nine-day protest. The miners...
by Gordon Barratt | Dec 2, 2021 | News
As EVs go mainstream, automakers are planning models that can run longer before recharging and handle different weather conditions. Batteries for such EVs typically are made with a type of lithium known as hydroxide that cannot be stored for long periods of time and...
