The digital vein
Australian Mining
by Kelsie Tibben
11h ago
Image: Gorodenkoff/stock.adobe.com Appian resources, energy and utilities account director Justin Grose reflects on how technology can transform mining supply chains for enhanced efficiency. Supply chain disruption strikes at the very heart of mining operations. Given the immense costs tied up in mining infrastructure and the tight timelines on which projects operate, any supply chain delays can come at significant cost. The impact of these disruptions is magnified by the remoteness of mining sites, where alternatives are few and the cost of a workaround is often prohibitively high. The intric ..read more
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Martin Engineering celebrates 50 years of air cannon technology
Australian Mining
by Staff Writer
12h ago
Martin Engineering business development manager Mike Masterson and product manager Sid Dev working at the air cannon test stand at the company’s Center for Innovation. Image: Martin Engineering Martin Engineering, a world leader in bulk handling solutions, is marking the 50th anniversary of its invention of the world’s first low-pressure air cannon. Air cannons have transformed material flows in bulk processing systems, eliminating problematic internal buildups and blockages. After five decades of continuous innovation, Martin Engineering remains at the forefront of air cannon advancements, en ..read more
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MinRes on track for 2024
Australian Mining
by Kelsie Tibben
12h ago
Image: MinRes Mineral Resources (MinRes) has said its 2023–24 financial year (FY24) volume and cost guidance has been maintained across its operations during the March quarter. Iron Ore The Onslow Iron project in Western Australia remains on track for its first shipment in June, which the company expects will be completed on-time and on-budget. Overall iron ore shipments decreased six per cent from the December quarter to 4.5 million tonnes (Mt). The company said mining is operating at full capacity, with 9.4Mt of total material moved during the quarter. Iron ore mined at MinRes’ Yilgarn Hub i ..read more
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Lynas powers through low rare earths prices
Australian Mining
by Olivia Thomson
12h ago
The Mount Weld rare earths project. Image: Lynas Rare Earths. Lynas Rare Earths made strong progress across its growth projects during the March 2024 quarter amid lower rare earths prices. “Sales revenue and sales receipts for the quarter, at $101.2 million and $107.7 million respectively, reflected the low average NdPr price during the quarter and also our decision to hold both NdPr (neodymium–praseodymium) and SEG (mixed heavy rare earths) inventory rather than sell into the low price environment,” Lynas chief executive officer Amanda Lacaze said. Despite the low rare earths prices, Lynas ac ..read more
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Safety and shipments winners for Fortescue
Australian Mining
by Alexandra Eastwood
12h ago
Image: T. Schneider/shutterstock.com Both total recordable injury frequency rate (TRIFR) and shipments improved for Fortescue during the March quarter, with the major achieving a record shipment month in March. The TRIFR for metals saw a 17 per cent improvement from December 2023 at 1.5. This was compared to a TRIFR of 1.8 at 31 December 2023. While iron ore shipments were six per cent lower at 43.3 million tonnes, shipments did recover during the quarter, with a record month for shipments of 18.7 million tonnes achieved in March. “The Fortescue team pulled together to successfully implement o ..read more
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Andromeda completes Wudinna divestment
Australian Mining
by Olivia Thomson
14h ago
Image: Phawat/shutterstock.com Andromeda Metals has finalised the divestment of its 25 per cent stake in the Wudinna gold project in Gawler Craton, South Australia. Wudinna is now wholly owned by Cobra Resources, a gold explorer trading on the London Stock Exchange. For the stake, Cobra paid Andromeda $500,000 in cash and $1 million in Cobra shares. “Andromeda confirms that the sale and purchase has completed and Andromeda’s wholly owned subsidiary Peninsula Resources received $500,000 in cash, in addition to the 52,010,000 Cobra shares that were issued in advance of completion,” Andromeda sai ..read more
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Chalice changes tack at Gonneville
Australian Mining
by Kelsie Tibben
14h ago
Drill rigs at Chalice’s Gonneville deposit in WA. Image: Chalice Mining Chalice Mining has begun steps towards a selective mining campaign at its Gonneville nickel-copper-platinum group element (PGE) project in Western Australia. Recent modelling work has focused on re-interpreting high-grade sulphide zones within the resource at a much more granular level, which the company said will maximise production in the face of weakened prices. “The remodelled high-grade sulphide resource marks the first step in the reset of the development strategy for the Gonneville project,” Chalice managing directo ..read more
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ALLU bucket makes quick work of screening onsite
Australian Mining
by Alexandra Eastwood
14h ago
Image: Total Rockbreaking Solutions Material processing involve a succession of steps that transform industrial materials from raw materials into finished parts or products. Using an ALLU bucket can eliminate a number of steps and make processing jobs more efficient and environmentally friendly, while also minimising transport costs. ALLU Transformer buckets offer the most portable processing solution available by allowing the machine to go to material pile instead of hauling the pile to the machine. ALLU’s range of material processing buckets are designed to screen and separate a wide range o ..read more
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Gold Road exits Greenstone talks
Australian Mining
by Olivia Thomson
1d ago
Image: r.classen/shutterstock.com Gold Road Resources has ended discussions with Orion Resource Partners, a global alternative investment firm, to acquire its 40 per cent stake in the Greenstone Gold Mines. The announcement comes a week after Gold Road responded to media speculation that it would acquire a substantial interest in the operation. The Greenstone Gold Mines are located in Ontario, Canada and is currently held in a joint partnership between Canadian-based Equinox Gold, who owns 60 per cent, and Orion Resource Partners, who holds the balance and is looking to divest its stake. “As p ..read more
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