In a push to strengthen U.S. energy and manufacturing security, the U.S. Energy Department confirmed the designation of metallurgical coal as a critical material under the Energy Act of 2020. Full story.
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Epiroc AB said it will consolidate some of its drilling tools manufacturing in North America to increase efficiency. The OEM will move the manufacturing of rotary and raiseboring drilling tools from Langley, Canada, to its factory in Matehuala, Mexico, where rock drills are also currently produced. Full story.
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West Red Lake Gold Mines said its board of directors has approved management’s recommendation to restart its flagship Madsen gold mine in Ontario immediately. Full story.
Read MoreContinental’s group sector ContiTech recently hosted its Total Conveyance Event in celebration of the expansion of its conveyor belt manufacturing facility in Ponta Grossa, Paraná, Brazil. The two-day event featured a ribbon-cutting ceremony and welcomed approximately 100 guests, including customers, industry professionals and local leaders. Attendees received an in-depth look at ContiTech’s integrated material handling solutions through guided tours, technical…
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Perpetua Resources said the United States Army Corps of Engineers has issued the final federal permit needed for its Stibnite gold project in Valley County, Idaho. Stibnite is projected to be one of the highest-grade open-pit gold mines in the country. Full story.
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Solidus Resources said it is the recipient of a Letter of Interest from the Export-Import Bank of the United States (EXIM) regarding the potential financing of up to $835 million for the Spring Valley gold project in Pershing County, Nev. Full story.
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Lynas Rare Earths has confirmed first production of Dysprosium Oxide (Dy) at its Malaysian facility, marking a significant milestone as the world’s only commercial producer of separated heavy rare earth products outside China. “The production of this on spec Dy is a significant step for supply chain resilience and provides customers with the option of sourcing product from an outside…
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An unnamed Indian miner and steelmaker has selected FLSmidth to supply a full flotation technology package for what is set to become one of the world’s largest, most efficient and sustainable iron ore beneficiation plants. The OEM said the plant will be fed with domestic, low-grade iron ore where the FLSmidth flotation system will upgrade it to a final product…
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Barminco, the underground mining subsidiary of Perenti, has signed a new contract to continue underground mining operations at Gold Fields’ Agnew gold mine near Leinster, Western Australia. The new contract, valued at A$500 million, is for three years with an optional one-year extension. Services include underground development, production and related mining services. “We are very pleased to be extending our…
Read MorePeak Rare Earths said that Chinese rare earths producer Shenghe Resources will acquire the Australian firm for A$150.5 million, in addition to the full amount raised under Peak’s proposed A$7.5 million entitlement offer. Under the deal, the state-owned miner’s unit Ganzhou Chenguang Rare Earths New Material will buy Peak for a minimum of A$0.359 per share in cash, if the…
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