Orion sells minority stake in Capstone

Orion Resource Partners confirmed that it has sold its 8.3% stake in Americas-focused Capstone Copper for gross proceeds of approximately A$592.8 million (US$379 million). Following the transaction, Orion will continue to remain one of the largest shareholders in Capstone, with a 12% stake. The successive stake sell-down transactions, reducing Orion’s stake from 32% in 2022 to 12% today, have enabled…

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CEMI, Lepharo partner to drive tech innovation

The Centre for Excellence in Mining Innovation (CEMI) and Lepharo Incubation Programme NPC recently announced they have solidified a strategic alliance, signing a memorandum of understanding (MoU) January 30 in South Africa to foster collaboration in promoting and supporting mining technologies and innovations. Chamirai Charles Nyabeze, vice president for Business Development at CEMI, and Zenzo Nkomo, CEO of Lepharo Incubation…

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MacKellar wins contract extension in Queensland

North American Construction Group said its subsidiary MacKellar Group has been awarded a five-year contract extension by a major metallurgical coal producer in Queensland, Australia.  The new contract is good through June 30, 2030, and requires the addition of two loading units and one service truck, which will be purchased in Q4 2024. This will bring the total dedicated fleet…

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Coarse Particle Flotation/Recovery Changes EVERYTHING

Eriez HydroFloat® Separator creates coarse particle mineral concentration, delivering the capacity of a density separator while maintaining the selectivity of a flotation device. The aeration system disperses fine bubbles into a fluidized-bed environment significantly increasing the selective recovery of coarse particles by applying flotation fundamentals to gravity separation.  This Coarse Particle Separation can be applied to cooper, gold, iron ore, polymetallic ores,…

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Exploration drilling completed at Ewoyaa

Piedmont Lithium said its partner Atlantic Lithium has completed infill and exploration drilling for the latter’s flagship Ewoyaa project in Ghana.  “The assay results confirm high-grade mineralization, providing further confidence in resource conversion and possible mine life extension,” said the lithium resources developer.  Piedmont is earning a 50% interest in Atlantic Lithium’s spodumene projects in Ghana. The agreement includes an…

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Anglo American Chile’s Puna resigns

The CEO of Anglo American Chile, Aaron Puna, has resigned from his seat and the operator has temporarily named Patricio Hidalgo as his replacement. According to a Reuters report citing a statement from the company, the resignation comes as Anglo is seeking to reverse a May rejection of an environmental permit for the continued operation of the Los Bronces mine.…

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