by Gordon Barratt | Feb 1, 2021 | News
America has been here and done this before, with a spotty track record. Steel, timber, manufacturing. Market and political forces have reshaped — and in some cases, wreaked havoc on — local economies powered by a single industry. Now as the Biden administration...
by Gordon Barratt | Feb 1, 2021 | News
Fosterville gold mine in Victoria. Image: Kirkland Lake Gold Kirkland Lake Gold president and chief executive officer Tony Makuch has described 2020 as the company’s best year ever despite it withdrawing production guidance in April due to the COVID-19 pandemic. The...
by Gordon Barratt | Feb 1, 2021 | News
The Sandvik Toro LH410. Image: Sandvik Sandvik has unveiled the Toro LH410 loader, which features a superior lift height and revamped technologies for underground mining applications. The company has based the Toro LH410 off the Sandvik LH410 loader, but has...
by Gordon Barratt | Jan 22, 2021 | News
Evolution Mining’s Cowal site. Perenti Global has secured more than $307 million in new work and contract extensions with Evolution Mining, Gold Fields, Western Areas and Consolidated Minerals. The contracts encompass four underground and two surface mining...
by Gordon Barratt | Jan 21, 2021 | News
In 2020, fossil fuel production in the United States declined by an estimated 6% from the 2019 record high of 81.3 quadrillion British thermal units (Btu). Based on forecasts in the US Energy Information Administration’s (EIA) January 2021 Short-Term Energy Outlook...
by Gordon Barratt | Jan 21, 2021 | News
Zambia is buying the Mopani copper mine from Glencore. Glencore is lending the bankrupt – well, it’s in default, anyway – country the money to buy the mine. This is going to be a fascinating experiment. We can’t help but think that the timing’s a little...