Komatsu Mining’s Post

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On July 17th, Vale Base Metals celebrated the signing of an agreement to begin operations at the Stobie Mine open pit in the City of Greater Sudbury, Ontario, Canada. The agreement fosters collaboration between Thiess Mining, the United Steelworkers (USW) - (L6500 and L2020), and two local Indigenous businesses—Z'gamok Construction LP (ZCLP) and Aki-eh Dibinwewziwin Limited Partnership (ADLP) —to extract critical minerals from the property. This groundbreaking contract aligns with our strategy to increase production from near-surface deposits and involves the direct participation of two very important groups—First Nation peoples and the United Steelworkers. We are proud to work with partners who share our commitment to sustainable mining practices, to move forward successfully and transform the future, together. #Transformtogether #Criticalminerals

Santacruz Silver Mining Ltd. (TSX-V:SCZ, OTC:SZSMF) has reported a quarter-over-quarter jump in productivity in terms of tons of material processed at its Zimapan mine in Mexico, driven by operational improvements at the site. During the fourth quarter, the mine processed 204,507 tons of material, a 6% increase from the previous quarter. “The improved production results in the fourth quarter at the Zimapan mine are a direct result of the comprehensive management and operational restructuring carried out in September and October,” Santacruz Silver’s interim CEO Arturo Préstamo highlighted in a statement. “The objective of this restructuring process was to enhance production tonnage and operational efficiency across both mines and the mill. Further efficiencies are expected to be captured in 1Q 2024." More at #Proactive #ProactiveInvestors #TSXV #OTC #SCZ #SZSMF http://ow.ly/AAjC105ajrw

🌟 We are pleased to share that a major milestone in unlocking the development of the resources at Tennant Creek is underway with the commencement of construction of the Nobles CIL gold processing facility. Our strategic partner Tennant Consolidated Gold Mining Group (Tennant Mining) has done a great job in progressing through the study, planning and financing phases during the last four years. This is an important milestone for a number of key reasons, including: 🔹 Emmerson will receive a low risk 6% gross production royalty on all future gold production from the JV tenements with Tennant Mining 🔹 The JV tenements currently host an Ore Reserve of 79.1 koz and we see good potential to grow this in the coming years 🔹 Emmerson has no exposure to costs from the Mining JV tenements 🔹 The royalty, along with any minimum production payments Emmerson may be entitled to under the JV agreements, will provide an important source of future cashflow We look forward to working closely with Tennant Mining to complete further exploration and development studies across our Joint Venture tenements at Tennant Creek to support future production from the JV assets. Read the full announcement here 🔗 https://lnkd.in/gvB689RB The development will also create around 80 jobs in construction and 160 jobs after operations ramp-up which is an exciting opportunity for the Tennant Creek region and has the strong support of the NT Government 🔗 https://lnkd.in/gyrUPcqP #EmmersonResources #ERM #GoldMining #TennantCreek #MineralResources #GoldExploration #ASX

📢Major Announcement from Macro Metals! We are excited to unveil the launch of our Mining Services Division, alongside the acquisition of an 80% interest in the Wandanya, Disraeli, and Midgengadge Manganese Projects in the Eastern Pilbara region of Western Australia. Mr Simon Rushton, Managing Director says, “I am really pleased to have negotiated Macro’s first joint venture and launch our mining services division. By providing mining services to third parties we can scale our teams quicker than by only providing services as we bring each of our own projects into operation. This means we have more resources, a wider array of skills and experience, redundancy and flexibility sooner; all of which are crucial for safely running a profitable, sustainable diversified mining and mining services business.” This strategic move, in partnership with Firebird Metals Limited (ASX: FRB), allows us to enhance our mining capabilities and provide comprehensive end-to-end services. Under the new Mining Services Agreement, our subsidiary, Macro Mining Services Pty Ltd (MMS), will exclusively manage all operations from pit to customer, ensuring efficiency and quality. Highlights: 📌Acquisition of 80% interest in key manganese projects 📌MMS to exclusively provide mining services 📌Proven in-house exploration and development capabilities We aim to leverage these assets to fast-track development and deliver high-grade Manganese Direct Shipping Ore (DSO) products in the near term. Stay tuned for more updates as we continue to drive growth and excellence in the mining industry. 🗞️Read the full release here: https://lnkd.in/gvrN4xXz #MiningNews #M4M #MacroMetals #Manganese #StrategicGrowth #MiningServices

Rio Tinto and BHP are set to become the biggest spenders in the mining industry this year. According to a recent report by GlobalData Plc, the combined capex of the top 19 mining companies is expected to reach $71bn in 2024, with Rio Tinto and BHP each planning to invest $10bn. While some miners are ramping up spending, others are taking a more cautious approach. The report suggests a 10.6% rise in capex compared to 2023. Read more here: https://lnkd.in/gSsWxutB #minemagazine #mine #miningtechnology #mininginvestment #bhp #riotinto #QME #MINExpo #bradwtaylor

Drive productivity and performance in your underground hard rock mining operations with Komatsu’s 7-tonne class LHD loader. The WX07 is ideal for small and narrow vein mines, particularly operations using cut-and-fill methods. Up to 10% more breakout force of any machine in its class* Up to 15% faster operating speed with loaded bucket** 14% more productive than the competition*** ( based on a comparison of published competitor information of similar LHDs in the 7-tonne class) These innovative products are now available in Southern Africa. For more information on Komatsu`s underground hard rock solutions for mining, go to www.komatsu.co.za # Komatsu #creatingvaluetogether #undergrundmining #mining #innovation #WX07.

Drive productivity and performance in your underground hard rock mining operations with Komatsu’s 7-tonne class LHD loader. The WX07 is ideal for small and narrow vein mines, particularly operations using cut-and-fill methods. Up to 10% more breakout force of any machine in its class* Up to 15% faster operating speed with loaded bucket** 14% more productive than the competition*** ( based on a comparison of published competitor information of similar LHDs in the 7-tonne class) These innovative products are now available in Southern Africa. For more information on Komatsu`s underground hard rock solutions for mining, go to www.komatsu.co.za # Komatsu hashtag #creatingvaluetogether #undergrowndmining #mining #innovation # WX07

Did you know that there are 7 companies within the TSX60 classified in the Mining/Metals subsector? Here are some compensation trends from Laulima Consulting Inc.’s analysis of this year’s proxy circulars: - Year-over-year total direct compensation for same incumbent CEOs of Mining/Metals companies increased more than the increase for same incumbent CEOs of other companies on the index. - Short-term incentive payouts as a percentage of the target awards were more conservative for executives in Mining/Metals companies relative to executives of other companies on the index. - CEOs of Mining/Metals companies have less emphasis on long-term incentive compensation and more emphasis on short-term incentive compensation in their total direct compensation pay mix relative to CEOs of other companies on the index. - The majority of Mining/Metals companies deliver long-term incentives using a combination of RSUs and PSUs. A minority of these companies use stock options in their mix compared to 2/3 of the other companies on the index that use stock options in their LTI mix. Stay tuned for more findings from Laulima Consulting Inc.’s TSX60 analysis!

🚨 Major Leadership Shakeups in Australian Mining 🚨 🌍 Big Changes at Patronus Resources, Black Cat Syndicate & True North Copper! 🌍 The Australian mining sector is buzzing with executive shifts, as these industry giants reposition for future growth! Here's the scoop: 📈 Patronus Resources – Fresh leadership to drive new exploration milestones! 🖤 Black Cat Syndicate – Power moves to boost production and market presence! 🪙 True North Copper – CFO transition as the company gears up for its next big operational phase. 🔧 These shifts reflect the evolving landscape of the Australian mining industry, as companies prepare to lead in exploration, production, and critical minerals development. Stay tuned for exciting progress! 🌟 Visit - https://lnkd.in/g7vjTRBv #MiningNews #LeadershipChange #AustralianMining #ExecutiveTransitions #PatronusResources #BlackCatSyndicate #TrueNorthCopper #MiningIndustry #CFOTransition #MiningExploration #CriticalMinerals #StrategicGrowth #OperationalLeadership #ResourceDevelopment #MiningExecutives #IndustryRealignment #MineralProduction #MiningSectorUpdate #LeadershipShift #GrowthAmbitions