[Bambas copper mine tailings transportation system construction project]Recently, Sinohydro Peru Co., Ltd. received the "Bambas copper mine tailings transportation system I, II construction project" notice of winning the bid, this project is the third project undertaken by Sinohydro in Bambas copper mine. The project is located in the Apurimac region of southern Peru, with a planned construction period of three years. The main engineering content is the pipeline installation of the tailings transportation system of the flotation plant in the mining area, the construction of electrical and instrumentation projects, the construction of emergency pools and other civil works. After the completion of the project, it will effectively save local resources, enhance the safety of the mining area and improve the environment of the mining area, which has far-reaching significance for the sustainable development of the local mining industry. Editor/Xu Shengpeng
The Zhangjialiang coal mine renovation project of Jizhong Energy Zhangkuang Group has officially started construction recently, shifting from the procedural stage to the substantive construction stage. The project started to revitalize the resources of deep 5-1 coal seam to 6-2 coal seam to ensure the continuity of coal mine capacity. The special team completed the approval of the safety facility design after three months, obtained the environmental impact assessment approval on June 26th, and obtained the construction record receipt on July 27th. The project will continue the open-pit mining process and advance from the western boundary of the third mining area. After production, it can activate coal resources and stabilize annual production capacity. After the completion of earthwork stripping, it is expected that coal can be extracted in mid October. Editor/Cheng Liting
Saudi Arabian National Oil Company released its financial report on August 4, 2026, showing a net profit of 32.7 billion US dollars in the second quarter of 2026, higher than the 22.7 billion US dollars in the same period last year and a year-on-year increase of 44%. According to the financial report, Saudi Aramco's average crude oil sales price in the second quarter was $108.1 per barrel, up 41% month on month and 62% year-on-year. Editor/Cheng Liting