News

Perenti subsidiary and hard-rock underground miner Barminco has received a letter of intent (LoI) from Barrick Gold to provide underground contract mining services for Barrick’s Hemlo gold mine in Canada. Hemlo gold mine is located in the Marathon mining district...

Australia-based lithium miner Altura Mining has secured a new financing package valued at A$305m ($202m), which it expects will strengthen its operations in a weak lithium market. Under the financing package, the company’s current lenders have extended an existing loan...

Horizon Minerals has secured debt and equity funding of A$6m ($3.6m) for its Boorara gold project in Kalgoorlie, Western Australia. The package includes an A$4m ($2.4m) loan facility from a German investment company Sparta and an A$2m ($1.2m) equity...

Sandvik has released an autonomous truck haulage system, which provides unmanned truck haulage in both underground environments as well as on the surface. The company’s AutoMine for Trucks is a first for autonomous ramp haulage applications in the underground mining...

Nevada Copper is continuing production ramp-up from its Pumpkin Hollow underground mine in Yerington, Nevada, despite the significant macro headwinds, the company said in its latest corporate update. Against the backdrop of the recent decline in copper prices and global...

Terreno Resources Corp. George A. Brown, President & CEO, is pleased to announce the proposed plans for 2020 fieldwork at the Las Cucharas Gold and Silver Project in Nayarit, Mexico, which are subject to financing. Las Cucharas represents a historic...

Newmont’s Australian Boddington operation will be the world’s first open pit gold mine with an autonomous haul truck fleet when its Autonomous Haulage System (AHS) is fully online in 2021. “Not only does Boddington continue to deliver strong performance, our...