ABB has commissioned the world's largest High Pressure Grinding Roll (HPGR) drive system for Newmont Mining's Boddington gold mine expansion project in Western Australia.
The Kalgoorlie Super Pit has received final approvals for expansion.
Australia is once again the world's second largest gold producer and should remain so for the foreseeable future, Surbiton Associates said yesterday.
Newmont Mining Corporation's Boddington gold mine is MINING DAILY's Mine of the Week.
An ABARE report has found gold production will rise nearly 10% in 2010.
Australian gold production is expected to rise in the coming months.
Newmont Mining Corp chief executive Richard O'Brien recently told the Reuters Global Mining and Steel Summit that he sees gold trading in a range between $900 and $1,200 per ounce over the next few years, supported by lower industry output and inflation concerns.
Paul Dowd is the Chairman of South Australia's Resources and Energy Sectors Infrastructure Council. He was, until recently, vice president of Newmont Mining Corporation's Australian and New Zealand Operations and managing director of Newmont Australia Limited. He is currently chairman of the Board
The third and final Bucyrus 495HD Electric Rope Shovel was successfully delivered, constructed, and commissioned at Boddington Gold Mine in Western Australia.
Caterpillar Inc. and Claycrete Ltd. have entered a marking agreement to provide a roadway and pad construction solution to operators of mines and oil and gas sites as well as to owners and builders of roads.