Anglo American has released a statement in regards to American coal producer Peabody Energy reviewing options related to its acquisition of Anglo American’s coal assets in Australia. The miner said it does not believe that the stoppage at its Moranbah North mine on 31 March constitutes a Material Adverse Change in accordance with the definitive agreements with Peabody. A small…
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In what its executives have called a world first, The Metals Company (TMC) has submitted applications to the National Oceanic and Atmospheric Administration (NOAA) for two exploration licenses and one commercial recovery permit under the Deep Seabed Hard Mineral Resources Act (DSHMRA). CEO Gerard Barron said the company made the move after last month’s executive order from U.S. President Donald…
Read MoreJennmar, on behalf of its Jennmar Services (JMS) subsidiary, has acquired maintenance and repair services group Rohrig Heavy Equipment Maintenance. The transaction will expand the offerings of JMS, it said, bolstering its existing capabilities as a contract labor and customized industrial solutions that provides plant maintenance, trucking, excavation, reclamation, water transfer, fabrication and welding, steel erection, concrete services, and operations.…
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The United States and Ukraine have reached a deal to create a reconstruction and investment fund that will give the U.S. access to Ukraine’s reserves of critical minerals and natural resources. The White House said the fund will be governed by three board members from each country, where each country will receive half of royalties, license fees and other proceeds…
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Normet has been awarded a contract for an ancillary underground equipment fleet by South32 for its Hermosa project in Santa Cruz County, Ariz. Full story.
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The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) has appointed Randy Smallwood as its incoming president-elect for 2027-2028. Full story.
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Newmont said May 2 that Natascha Viljoen, executive vice president and chief operating officer, has been promoted to its president and chief operating officer.
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Canadian-based MineHub Technologies has introduced its Trade Insights Dashboard analytics tool designed to drive operational efficiency, transparency, and data-driven decision-making across global non-ferrous metal trades. Full story.
Read MoreThe Government of South Australia’s Department for Energy and Mining is seeking feedback on a range of potential improvements to the state’s Mining Act. The consultation seeks to ensure the Mining Act is fit for purpose and helps meet the demand in a way that, as it noted, “supports industry, community and environmental expectations.” The Mining Act 1971 and its…
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Komatsu Australia will now be serving Papua New Guinea customers after its acquisition of distributor UMW Niugini Limited. The business has been renamed Komatsu Niugini Limited (KNL). Sean Taylor, Komatsu Australia Managing Director, said the acquisition succeeded a change in ownership structure of the joint venture parties that previously owned UMW. The acquisition was completed on 1 May. “As a…
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