Gold and copper miner SolGold has agreed to be acquired by its largest shareholder, Jiangxi Copper, in a deal that values the Ecuador-focused miner at 867 million pounds ($1.17 billion). This was Jiangxi’s third proposal to acquire SolGold.
Read More
Arizona Sonoran Copper Co. and Nuton, a Rio Tinto venture, have mutually agreed to commence discussions in January regarding an amicable early termination of the option to joint venture on the Cactus copper project in Arizona.
Read More
Vermeer has launched the VermeerOne mobile app for iOS and Android devices, extending comprehensive equipment management to smartphones and tablets. Users can access operator manuals and warranty information, track fleets and performance metrics, and connect with dealers anywhere.
Read More
Engineering company Monadelphous Group has won a major construction contract with Rio Tinto associated with the Brockman Syncline 1 mine project, located within the Brockman mine hub in the West Pilbara.
Read More
BEUMER Group has officially inaugurated a new manufacturing facility at Reliance’s Model Economic Township (MET City) in Jhajjar, Haryana, India, on 12 December. The high-tech plant is set to significantly enhance the company’s global production capabilities and long-term presence in the region. “This expansion reflects BEUMER Group’s strategic focus and commitment to long-term success in India. The new production site…
Read More
Critical minerals developer NioCorp Developments Ltd. said its board of directors has approved the company’s Mine Portal project, a major initiative to advance the Elk Creek critical minerals project in Nebraska. Full story.
Read More
Korea Zinc, the leading comprehensive nonferrous metal manufacturer, will invest more than $6.6 billion in new production facilities in Clarksville and Gordonsville, Tenn. This represents the company’s first U.S. locations and the largest single private corporate investment made in state history. Full story.
Read More
Permanent magnet manufacturer Mulberry Industries and miner Ramaco Resources have entered into a non-binding memorandum of understanding to negotiate an offtake partnership that will bolster America’s domestic rare earth and permanent magnet supply chain. Full story.
Read MoreTaruga Minerals has entered into a 12-month option with Exploration & Management Consultants Pty Ltd and Metal Mining PNG Pty Ltd to acquire two projects in Papua New Guinea: the East Normanby gold project on Normanby Island, and the Kol Mountain copper-gold project on New Britain Island. East Normanby covers a tenement package spanning 491 square kilometres across eastern Normanby…
Read More
Sandvik has received a major underground mining equipment order from Northern Star Resources, one of Australia’s leading gold producers. The order, valued at approximately SEK 260 million (US$27 million), consists of underground trucks and loaders, with deliveries expected to begin in the first quarter of 2026 and continue throughout the year. “We are proud to partner with Northern Star on…
Read More