An Indian government source said the country’s federally administered region of Jammu and Kashmir will auction its estimated 5.9 million tonnes of lithium reserves over the next few weeks, reported Reuters. Read full story here.
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Canadian producer Fortuna Silver Mines confirmed 20 September it had met completion of its takeover of Chesser Resources, which it said will boost its presence in a key region, West Africa. The deal was first announced on 8 May. Following completion of the transaction, Chesser now is a wholly-owned subsidiary of Fortuna. Among Fortuna’s new additions in the region: the…
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An Australian operation is serving as the testing ground for the Sandvik TH665B, the largest battery-electric underground mining truck, thanks to a new three-party deal between the OEM, AngloGold Ashanti and Barminco. Full story.
Read MoreVeracio said it is “pioneering a transformative leap in geosciences” with its new binding agreement to acquire scanning and data group Minalyze in a US$29.3 million deal. With the takeover, Veracio said it will be combining its AI and advanced analytics solutions with Minalyze’s geological data visualization technology. Together, the benefits will transform how the industry captures, analyzes and interprets…
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Couer Mining has confirmed a number of crucial milestones for its Rochester expansion project in Nevada, including initial production of silver and gold. Full story.
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A fire reported in August in the second egress of the No. 2 shaft at Hecla Mining’s Lucky Friday silver operation in Idaho has been extinguished, though the company has confirmed it will suspend production for the remainder of 2023. Full story.
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A trio of companies including Eldridge, Brightstar Capital Partners and the Claure Group have inked a definitive agreement to acquire a majority stake in Australian-headquartered engineering firm Ausenco from Resource Capital Fund and other investors. No financial terms have been disclosed. Ausenco said its co-founder Zimi Meka will remain CEO, board member and investor in Ausenco. Mike Burke, former chairman…
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Rio Tinto has reportedly stopped some production at its Nammuldi iron ore mine site in Western Australia after an Indigenous rock shelter was damaged. Read the full story here.
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BHP recently celebrated the shipment of 3 billion tonnes of high-quality iron ore to China by hosting key customer representatives at its Pilbara and Port Hedland operations in Western Australia, and at a gala event in Perth. Read the full story here.
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Komatsu has acquired certain assets of Matfield Machining to support the growth of its national field service teams, which support mining operations at customer sites throughout the United States and Canada. For the full story, click here.
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