Australia, NZ & South Pacific
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RPMGlobal kicks off 2021 with the first major sale of Strategic Design Optimizer
RPMGlobal has announced that it has completed the first sale of its new parametric design product. the Strategic Design Optimizer (SDO) following successful beta testing. The company originally announced its intention to develop and release its new intelligent design solution…
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Kirkland Lake Gold generates 369,434 oz in Q4, meets 2020 guidance
Miner Kirkland Lake Gold produced 369,434 gold oz. in the fourth quarter of 2020, bringing the company’s 2020 production to 1.37 million oz., in line with its guidance of 1.35 to 1.4 million oz. for the year. In the fourth…
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Payload system bolsters mining fleet operations
Gold mining company Silver Lake Resources is now more efficiently managing its earthmoving fleet in Western Australia after implementing RCT’s Earthtrack information monitoring tool. RCT recently started up its EarthTrack Payload Management System on Silver Lake’s mixed fleet, which consists…
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Wartsila, Lihir sign 10-year service agreement for 170 MW power plant in PNG
Technology group Wartsila has signed a 10-year tailored guaranteed asset performance agreement for power plant maintenance and operations advisory services for the Lihir gold mine, part of Australia-based Newcrest. The open pit mine is located on Lihir Island in Papua…
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Kirkland Lake sets 1.3-1.4 M oz production target for 2021
Kirkland Lake Gold (TSX:KL) (NYSE:KL) (ASX:KLA) has set its full-year production guidance at between 1.3 and 1.4 million oz. for 2021, driven by strong growth at its Detour Lake mine in Ontario. This is nearly identical to the company’s 2020…
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Seequent unveils major updates to mining toolkit
Seequent, a geoscience software company, has announced major updates to its mining portfolio, which are focused on improving the productivity of users, helping solve geoscience challenges and enabling connectivity and collaboration between users and their stakeholders. The latest…
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Newmont’s five-year outlook sees steady production growth, improving costs
Gold major Newmont has released a five-year production and costs outlook, which suggests production growth and lower costs through 2025. This most recent guidance, for the first time, includes the Ahafo North and Yanacocha Sulphides projects, which are expected to…
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Newcrest bets big on Greatland’s Havieron gold-copper project
Australia’s largest gold producer Newcrest Mining (TSX: NCM; ASX: NCM) has signed a joint venture (JV) deal with Greatland Gold (LSE: GGP) to continue advancing the Havieron gold-copper project in the Paterson region of Western Australia. The new agreement builds…
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K92 shares up on high-grade drill results at Kora
K92 Mining shares were up Monday morning as the company released results from the ongoing diamond drilling of the Kora deposit at the Kainantu gold mine in Papua New Guinea. The drilling results are highlighted by hole KMDD0261 which recorded…
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Acacia drops coal, embraces graphene
Acacia Coal is moving away from coal and embracing trendy graphene technologies. The company has been acquired via a reverse takeover by Graphene Technology Solutions (GTS) and has re-listed as Sparc Technologies Limited. In a press release, the former miner…
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Barrick denies alleged links to PNG political unrest
Barrick Gold (TSX: ABX; NYSE: GOLD) will take civil and criminal action against those responsible for spreading “irresponsible and false statements” on social media, which tried linking chief executive Mark Bristow’s recent visit to Papua New Guinea (PNG) to attempts…
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Supercritical CO2 power plants may help miners reach renewable energy targets
Australia’s Commonwealth Scientific and Industrial Research Organization CSIRO and U.S.-based GTI, a company that uses technology to address energy and environmental challenges, are joining forces to develop a supercritical CO2 (sCO2) power plant that could assist mining companies to reach…
