Lynas produces second heavy rare earths product

Lynas Rare Earths has confirmed first production of terbium oxide (Tb) at its advanced materials plant near Kuantan, Malaysia. This is the second separated heavy rare earths oxide to be produced at Lynas Malaysia this year.  “Together with dysprosium oxide (Dy), which was first produced on our new heavy rare earths production line in May, Lynas can now supply customers…

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Dry commissioning underway at Blackjack gold project

Australia-based Native Mineral Resources said it remains on track for first gold pour by the end of July at its Blackjack gold project in Charters Towers, Queensland, following staged commissioning.  “We are approaching a major operational milestone as the Blackjack project moves closer to production. Key activities across the site – from plant energisation and commissioning to mining readiness –…

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FLSmidth sells historic corporate headquarters

FLSmidth has entered into a share purchase agreement with Nrep and AG Gruppen to sell the land and buildings located at its corporate headquarters in Valby, Denmark, for DKK 730 million. The company has been based at Vigerslev Allé since 1899. Since 1956, the iconic red-brick buildings, designed by architect Palle Suenson, have served as home to the global business. …

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Dundee Precious Metals gains Vareš mine in Adriatic deal

Canadian miner Dundee Precious Metals has agreed to purchase UK-based Adriatic Metals for US$1.3 billion, adding the underground Vareš silver operation in Bosnia and Herzegovina to its portfolio. “Vareš is a logical fit with our portfolio, as it significantly increases DPM’s mine life while adding near-term production growth, a highly prospective land package, and cash flow diversification,” said David Rae,…

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Copper SA strikes logistics deal with Aurizon

BHP’s Copper SA has partnered with Australia’s largest rail freight operator Aurizon to deliver an integrated rail, road and port logistics solution through four contracts, supporting its copper operations in South Australia over the next decade. The contracts are valued at approximately A$1.5 billion. Under the arrangements, the transport of copper concentrate and cathode from BHP’s Olympic Dam, Carrapateena, and…

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Endeavor mine achieves commercial production

Polymetals Resources said concentrate production is underway at its Endeavor silver-zinc mine in New South Wales. First shipments of zinc concentrate are planned for early July with silver-lead concentrate to follow. “Bringing the substantial Endeavor mine back to life over these past nine months at modest cost has been both challenging and rewarding for all involved,” said Polymetals Executive Chairman…

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Resolution Minerals enters U.S. critical minerals market

Australian mineral exploration company Resolution Minerals has entered into a binding agreement to acquire the Horse Heaven project in central Idaho. It hosts two highly prospective gold-antimony-tungsten prospects known as the Antimony Ridge and the Golden Gate fault zones. Under the terms of the agreement, Resolution Minerals will pay an aggregate cash payment of $1,000,000 and issue an aggregate of…

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