AUSTRALIA – Rio Tinto has approved a US$749 million (A$1 billion) investment in its existing Greater Tom Price iron ore operations to sustain production capacity at the mine in the Pilbara of Western Australia. The funds will be invested in…
The …
IRON ORE: Rio Tinto okays US$749M investment in Pilbara mine Read More »
OTTAWA – The short-lived strike at Canadian National Railway is over. The company and the Teamsters Canada Rail Conference reached a tentative agreement on Nov. 26, 2019, after only nine days of labour action. There were real fears from the…
The …
TRANSPORTATION: CN Rail, unions reach tentative settlement Read More »
Swedish drilling powerhouse Epiroc AB has named Helena Hedblom its new president and CEO, a promotion from her previous role as senior executive VP mining an infrastructure. She is the holder of a MSc in material technology from the Royal…
The po…
MINING PEOPLE: Epiroc, Golden Star, Guyana Goldfields, and Maverix Metals Read More »
NORWAY – Lucara Diamond Corp. owns the Karowe diamond mine in Botswana, one the foremost producers of very large, high quality Type IIA diamonds in excess of 10.8 carats. Historic recoveries include the 1,109 carat Lesedi La Rona – the…
The post …
DIAMONDS: Tomra sorter boosts Lucara’s exceptional finds Read More »
The Guigues kimberlite pipe in northern Quebec, 10 km from Notre-Dame-du-Nord, was discovered by De Beers in 1983. But despite its long history, it has never seen modern microdiamond testing. Tres-Or Resources (TSXV: TRS) is hoping to change that this …
Tres-Or drills Guigues kimberlite in Quebec Read More »
CHILE – Orestone Mining just kicked off an exploration program on the Resguardo property in northern Chile. In a press release, the miner said the program will further define the potential for porphyry and manto-style copper-gold mineralization at a sh…
COPPER-GOLD: Orestone kicks off exploration campaign at Resguardo Read More »
PERU – Vancouver-based Tinka Resources has intersected several zones of high grade zinc mineralization in the final hole of this year’s drill program at its 100% owned Ayawilca zinc project, 200 km northeast of Lima in the Pasco region. Drill hole A19-…
ZINC: Tinka cuts high grade at Ayawilca Read More »
DENVER – Newmont Goldcorp of Denver, Colo., has agreed to sell Red Lake Mines Ltd. to Evolution Mining of Australia. Evolution has agreed to make a cash payment of $375 million (all U.S. dollars) upon closing in Q1 2020, plus…
The post GOLD: Newm…
GOLD: Newmont Goldcorp sells Red Lake mines to Australia’s Evolution for $475M Read More »
ONTARIO – Toronto-based Moneta Porcupine Mines has updated the mineral resource for the South West gold deposit at its Golden Highway project 110 km east of Timmins. The results of recent drilling show increased numbers in all categories. Here are̷…
GOLD: Moneta updates South West deposit resources at Golden Highway Read More »
BRISBANE – Deswik, the leading Australian mining software developer, has launched a new set of tools for geological mapping and sampling. Deswik.Mapping is a Windows tablet application which digitizes the traditional, paper-based geological mine mappin…
SOFTWARE: Deswik launches new GeoTools to take geological mapping into the digital era Read More »
