The mining industry briefing

The latest news, trends, and data from the mining industry

News in Numbers

16

16 mining and exploration projects will share in roughly $780,000 in grants from the fifth round of the Tasmanian Government’s Exploration Drilling Grant Initiative programme.

60

Vale is considering using remote-controlled trains near a tailings dam that Brazilian authorities say risks collapsing, a solution that would take around 60 days to implement.

2

Global crude steel demand has exceeded two billion tonnes for the first time ever.

100,000

A new study has found that despite formalisation of small-scale mining, or perhaps because of the poor implementation of it, mining-related deforestation rose by 100,000 acres at the Tambopata National Reserve between 2001 and 2014.

10

Equipment manufacturer Sandvik expects to be producing more electric-powered underground mining vehicles in 10 years than diesel-powered units.

Project updates

ALX Resources has received a permit for an exploration programme at its 100%-owned Gibbons Creek uranium project in Saskatchewan, Canada. The Gibbons Creek project comprises seven mineral claims spread over 13,864ha.

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Kalamazoo Resources has secured exploration licence EL007323, known as the Myrtle gold project, in Victoria, Australia, for an initial five-year period. The project is located 30km south of the high-grade Fosterville Gold Mine, and 15km north-east of Kalamazoo’s Castlemaine gold project.

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Outback Goldfields has secured an exploration licence for its Ballarat West tenement located 5km from the Ballarat gold mines in Victoria, Australia.

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Anglo American has restarted longwall mining operations at the Moranbah North mine in Queensland, Australia. The mine was closed on 20 February 2021 after identification of increased gas levels in the goaf, an area behind the longwall area that caves in behind the face post-mining.

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FURTHER READING

Is the mining sector seeing the beginnings of an AI investment boom?

The mining industry is seeing an increase in artificial intelligence (AI) investment across several key metrics, according to an analysis of GlobalData data.


AI is gaining an increasing presence across multiple sectors, with top companies completing more AI deals, hiring for more AI roles and mentioning it more frequently in company reports at the start of 2021.

Source: Mining Technology

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