Pantoro to increase gold production with Central Norseman restart

Pantoro has acquired a 50 per cent share in the Central Norseman gold project (CNGP), giving the company assets in two high-grade gold regions in Western Australia. The transaction will be funded through existing cash reserves, ongoing cash-flow from its Halls Creek operations and a $43 million fully underwritten placement. It will result in Pantoro forming an unincorporated joint venture (UJV) with Central Norseman Gold Corporation and its subsidiary, Vendor, with Pantoro aiming to return CNGP to production in the near term. Pantoro has also declared a trading halt, indicating…

SKF solution delivers benefits of condition monitoring to wider applications

Historically, online condition monitoring has been restricted to the most critical assets. However, the new generation SKF Multilog On-line system IMx-16Plus, which is based on the proven new generation SKF Multilog On-line system IMx-8, allows condition-based maintenance to be integrated in applications that would previously have been too costly to consider. With the ability to monitor everything from a single machine to an entire plant from a central location, the SKF Multilog IMx-16Plus integrates seamlessly with other devices (such as the IMx-8) to allow more extensive deployment. The machine intelligence…

Breaker builds on Bombora gold discovery

Breaker Resources continues to gain momentum with its Bombora gold resource in Western Australia following a $6.3 million raising to fund a pre-feasibility study (PFS). The company identified the Bombora resource in March 2016 following three phases of reverse circulation (RC) drilling along a six-kilometre long gold system within the Lake Roe gold project. Breaker secured a mining lease for the Lake Roe project from the Department of Mines, Industry, Regulation and Safety (DMIRS) in March. The project is adjacent to Saracen Minerals’ Carosue Dam mine, 100 kilometres east of…

Ramelius plans at Edna May blocked by environmental watchdog

Ramelius Resources’ proposed expansion of its Greenfinch open pit operation at the Edna May gold mine has been rejected by the Western Australian Environment Minister Stephen Dawson. The rejection was motivated by the removal of four threatened native plants, Eremophila resinoa and its associated habitat. Greenfinch’s expansion will now be delayed for up to six months. It’s been facing environmental hurdles since Ramelius’ purchase of the adjacent Edna May mine from Evolution Mining in October 2017. The Minister’s dismissal adds to the Western Australian Department of Mines, Industry Regulation and…

Lincoln Electric fume solutions improve safety and productivity for welders

Lincoln Electric has served the welding industry by delivering industry leading welding and cutting solutions since 1895. The company recognises the challenges faced by companies regarding productivity, quality and safety and strives to respond to them with innovative and dependable solutions. Arc welding is a safe occupation when sufficient measures are taken to protect the welder from potential hazards. When these measures are overlooked or ignored, however, welders can encounter such dangers as electric shock, overexposure to fumes and gases, arc radiation, and fire and explosion; which may result in…

Liebherr loads productivity into latest excavators

Liebherr is ready to strengthen the reputation of the R 9100/R 9150 excavators when its B versions of the machines arrive at Australian mines this year. As the R 9100 has proved to be a worthy successor to the R 984 C excavators over the past seven years, Liebherr is convinced the B versions will add further benefits. Liebherr delivered widespread improvements on the R 984 C with the R 9100 and R 9150, and set similar expectations during development of the new models. The original versions have, however, provided…

St Barbara expands into North America with Atlantic Gold acquisition

St Barbara is targeting Canada for growth through a takeover of gold producer Atlantic Gold for C$722 million ($768 million). Melbourne-based St Barbara intends to raise $490 million through an underwritten entitlement offer to partly fund the ‘friendly’ deal, which will be executed through subsidiary Nord Pacific. St Barbara plans to fund the balance of the acquisition through existing cash reserves and it has also secured a $200 million three-year revolving loan facility with Westpac to support the combined company. The company will acquire 100 per cent of all outstanding…

Kal Tire takes tyre management into the future

Tyre management is developing into a proactive maintenance activity that provides consistent and useful data to mining companies wherever their operations are based around the world. Historically, tyre management has involved periodical reporting that created a large amount of data on performance, inventory, consumption, repairs and condition. The data, while a useful way to evaluate the past, didn’t provide opportunities to look ahead and improve future tyre performance or help manage fleet availability. Mine sites around the world have also generally used a number of different tyre management systems to…

Rio Tinto builds focus on lithium, copper to supply battery materials

Rio Tinto is strengthening a commitment to become a key supplier of materials for battery and electric technologies at the Jadar lithium project in Serbia and at its copper ventures around the world. The company has made no decision on the approval of Jadar, but is progressing the lithium-borates project through to the pre-feasibility study (PFS) stage for a proposed 2023 production start. Jadar has been ranked as one of the largest lithium deposits in the world. If developed, it has the potential to supply a significant percentage of global…

Civmec boosts order book as strength returns to WA resources sector

Engineering contractor Civmec has recorded a 51 per cent increase to its order book in the March quarter on the back of major contract wins with BHP and Albemarle. The leap in fortunes (to an $840 million order book) on the previous quarter is reflective of what Civmec refers to in its quarterly statement as “a pickup in Western Australia’s resource sector”. Civmec secured two large Western Australian contracts in February that helped it to the significant increase. The company was drafted to construct a lithium hydroxide plant for Albemarle…