Page 3 of 863      News per page:1020

07.03.2022 (290 Clicks)

Akobo Minerals lays Foundation Stone as new Mine Development gathers Pace

Akobo Minerals today announced that it has performed a ceremony to lay the foundation stone for its Segele mine in Ethiopia. This marks the start of the company's next phase towards mining and gold production.

04.03.2022 (313 Clicks)

Strategic Cooperation between DMT and MUTAG to jointly implement Turnkey Water Treatment Plants for industrial Users

The age of 'survival of the fittest' is over - the future will be won by companies that cooperate with each other, according to the trend monitor of the German Future Institute. The international engineering and consulting company DMT GmbH und Co. KG has been working on this since 1737, enabling joint progress in complex engineering assignments across the world. A new milestone is the recently signed strategic cooperation with MUTAG, the leading specialist in the field of biological wastewater treatment from Chemnitz, by signing a cooperation agreement. The aim of the cooperation is to jointly implement turnkey wastewater treatment projects for the industrial sector worldwide. To this end, both companies offer individual, customised solutions that are particularly suitable for technologically demanding applications.

04.03.2022 (418 Clicks)

Time to approve New Acland to support global Markets

The Queensland Resources Council (QRC) is calling on the Queensland Government to finalise approvals for the New Acland Mine Stage 3 project, to reinforce Australia’s reputation as a reliable supplier of energy commodities.

03.03.2022 (290 Clicks)

Cemco appoints new President

Cemco Inc., an industry leader in manufacturing portable and stationary VSI crushing systems, appoints Jennifer Hise-Trujillo as its new president. Hise-Trujillo assumes the reins from her father, Neil Hise, who will remain with the company as chairman of the board and assist in an advisory role. She brings more than 23 years of industry experience to the position, with the past 20 years at Cemco.

03.03.2022 (291 Clicks)

Haver & Boecker Niagara names Certified Sales Manager for Northeastern United States

Haver & Boecker Niagara has named Jon Cheladyn the certified sales manager for Northeastern United States. He brings more than 13 years of industry experience with Haver & Boecker Niagara to his role. In his new position, Cheladyn will serve producers in Ohio, Pennsylvania, New York, Michigan, New Jersey, Maryland and Delaware.

03.03.2022 (330 Clicks)

Community-scale Hydrogen Production Project Set to begin in South Wales

Costain has been awarded funding by the Welsh Government’s Smart Living HyBRID SBRI initiative to undertake a project which looks at the feasibility of small scale hydrogen production in South Wales. HyBRID (Hydrogen Business Research & Innovation for Decarbonisation) is a Small Business Research Initiative (SBRI) funded by Welsh Government Smart Living.

03.03.2022 (339 Clicks)

Hexagon introduces next-generation Collision Avoidance Technology for Mines

Hexagon’s Mining division announced that it has introduced a significantly improved version of its collision avoidance system. Version 10 of HxGN MineProtect Collision Avoidance System – known simply as CAS 10 – consolidates powerful technology into just two hardware components: a smart antenna and a five-inch LCD display.

02.03.2022 (281 Clicks)

Second Major Contract awarded for Sydney Metro – Western Sydney Airport

A $538.50 million contract on Greater Western Sydney’s metro rail project will support more jobs for the region, and has been awarded to CPB Contractors and United Infrastructure.

02.03.2022 (329 Clicks)

Berco: New Service Line for Construction Bulldozers

Berco, a global leader in the manufacturing and supply of undercarriages and components to OEMs, today announced the launch of its new Aftermarket Service Line range especially for bulldozers in the construction sector with engine power between 60 kW and 200 kW. With this new entry, Berco completes its Service Line range designed for the sector, which already includes products for 13, 20 and 30-tonne excavators, introduced at the end of 2020.

02.03.2022 (278 Clicks)

Akobo’s hits visible Gold at new Record Depth

Akobo Minerals today announced that it has intersected visible gold at 282 metres vertical depth, as well as seeing signs of further potential gold mineralisation in several sections along this latest hole. All indicators point to a belief that the Segele mine can be sustained for much longer than previously envisaged.

The previous deepest intersection of gold mineralisation was at 239 metres vertical depth. This new intersection is part of an ambitious wildcat resource extension hole and demonstrates that the Segele gold mineralisation is now greater than 400m ‘down plunge’ from the surface outcrops. In essence, this means that there seems to be more gold down to much greater levels than previously believed.

The success of this hole is testament to the excellent predictive skills and structural understanding developed by the company’s geologists. Their competence is allowing detailed prediction of the gold mineralisation for additional discoveries and will be critical to successful production.

Jørgen Evjen, CEO, Akobo Minerals, stated: “These latest results represent a remarkable success for us. And while this gives us good reason to be excited about the production potential of the Segele mine, equally important is the proof that we understand the local mineralization environment. Our geology team has shown that it can use advanced structural techniques to hit gold mineralization depths never before seen in Southwestern Ethiopia and I believe that we can be confident of considerable success in the future.”

Akobo’s mine development activities are based on its scoping study which envisages a 27-month mine life based purely on the first resource estimate from April 2021 determined by independent mining consultants, SRK. As announced previously, since the release of the scoping study, in addition to the visible gold observations the company has encountered bonanza grade intersections and numerous occurrences of potential host rocks which are demonstrably down-dip from the resource estimate.

The combination of the bonanza grade intersections, host rocks and visible gold is in-line with the general plunge of the mineralization as seen in the resource model. These indicators all point to a belief that the Segele mine can be sustained for much longer than previously envisaged.

An updated resource estimate for Segele is expected to be released by end of Q1 and will incorporate as much of the latest drill hole data as possible. The size of the resource estimate increase will be dependent on the estimation process and assay grades, width and thickness, in addition to down-plunge length. However, the result from SEDD99 will not be included in the next mineral resource update as additional drilling will be needed to support an understanding of the mineralization geometry.

Source: Akobo Minerals