Vale SA and BHP, along with the pair’s Samarco iron ore joint venture, must pay 47.6 billion reais, or US$9.67 billion, for damages sustained in the Samarco Fundao tailings dam burst in Mariana, Brazil more than eight years ago. According to reports from Bloomberg and Reuters, the legal decision regarding the November 2015 incident that killed 19 was made 25…
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Australia’s Fortescue Metals Group said it will cooperate with Chinese authorities to resolve unusual customs delays of two iron ore shipments at the Caofeidian Port in Tangshan, reported Reuters. “We will just work through with the relevant port authorities to understand what they need, such that we clear the cargoes as soon as possible,” Vivienne Tieu, director of Sales, Marketing…
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Air-core motor creator Infinitim and U.S. miner Alliance Resource Partners’ (ARLP) Matrix Design Group have inked a deal to jointly develop and distribute high-efficiency and reliable motor and advanced motor controllers specifically for mining. Under the agreement, Matrix will integrate Infinitum’s smaller, lighter motor technology into mining equipment of ARLP’s operating subsidiaries to provide performance validation in production environments for…
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Strata Worldwide has signed equity partnership and global distribution agreements with Australia-based industrial network and cybersecurity innovator Vernetzen. The partnership will expand Strata’s range of offerings that are specifically designed for underground mining and tunneling. “Vernetzen provides Strata and our customers a high-end network and Wi-Fi solution that is fit for purpose and designed specifically for our target underground markets,”…
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A study by Rice University researchers found that graphene derived from metallurgical coke could serve not only as a reinforcing additive in cement but also as a replacement for sand in concrete.
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The Michigan Strategic Fund has approved support and incentives for Fortescue to establish a U.S. Advanced Manufacturing Center in Detroit. The Piquette Avenue site will become a major hub for Fortescue’s production of automotive and heavy industry batteries, fast chargers, and electrolyzers. Full story.
Read MoreThe U.S. Department of Labor announced that its Mine Safety and Health Administration (MSHA) completed impact inspections at 16 mines in 11 states in December 2023, issuing 247 violations. Full story.
Read MoreA tunnel collapse at an artisanal gold mine in Mali has taken the lives of more than 70 workers, per an AFP report. The incident occurred on 19 January but was confirmed by a local gold mining group leader on 24 January. Local media have said 73 bodies have been recovered from the operation in the southwestern town of Kangaba,…
Read MoreSouth32 revealed in its quarterly production and earnings report this week that it will be placing its Cerro Matoso nickel operation in Colombia under a strategic review following a reduction in prices paired with a production shortfall. The complex’s payable nickel production in 2H23 was 18.3 million tonnes, down 10%, despite the miner’s outlook of 40.5Mt full-year while eyeing higher…
Read MoreCanadian-based Latin Metals has confirmed its acquisition of the 68,000-hectare Terraza copper project in the Juyay province of Argentina. Latin Metals’ is a first mover in exploring sediment-hosted copper deposits in this emerging belt and, with this acquisition, increases its ground holding to more than 500,000 hectares. “Latin Metals’ exploration efforts in northwest Argentina are focused on understanding and unlocking…
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