Piedmont Lithium and Sayona Mining have signed a definitive agreement to combine the two companies and create a leading North American lithium business. Sayona will be the ultimate parent entity. “This merger combines two complementary businesses and will create a larger and stronger company. MergeCo will be North America’s largest lithium producer and will have an attractive growth profile with…
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Newmont offloads Musselwhite to Orla Mining
Newmont has agreed to sell its Musselwhite gold mine in Ontario, Canada, to Vancouver-based Orla Mining for up to US$850 million in total consideration. Full story.
Read MoreUK bans new coal mining licences
The UK government said legislation will be introduced to restrict licences for new coal mines as it embraces a clean energy future. Britain became the first major economy to stop burning coal for power in October, with the closure of the country’s last coal-fired power station at Ratcliffe on Soar, following 50 years of service. This means coal has gone…
Read MoreManitou MHT790 Mining ST5 Telehandler Hits North American Market
Manitou has introduced an entirely new telehandler purpose-built for the mining industry to the North American market: the MHT 790 Mining Telehandler. This telehandler — with a max lift capacity of 19,842 pounds and a max lifting height of 22 feet, four inches — is built to work in a support role in all mining operations from delivering resources and…
Read MoreFunctionality of Fiber with the Simplicity of Coax
StrataConnect DigitalBRIDGE™ is a multi-functional Power-over-Ethernet (PoE) coaxial cable network that is ideal for extending fiber optic networks into the mine’s working section. Full story.
Read MoreTasmania releases Critical Minerals Strategy
Photo: Tasmania Mines The Tasmanian Government has launched a renewed effort to seek, extract and process critical minerals vital for advancing clean technology and driving economic growth through the release of its Critical Minerals Strategy. Minister for Business, Industry and Resources Eric Abetz emphasised that the strategy harnesses Tasmania’s unique geological assets and renewable energy advantages, setting the Australian state…
Read MoreResolute Mining CEO held in Mali amid tax dispute
Photo: Resolute Mining Resolute Mining CEO Terry Holohan and two other colleagues are being held in Bamako, Mali, as the military-led government presses the Australian-based company to pay back taxes on its Syama gold mine, reported Business Insider Africa. The government insists that Resolute allegedly owes 100 billion CFA francs ($162 million) in taxes identified in a sector-wide audit, according…
Read MoreRio Tinto’s Kennecott expands solar power
Rio Tinto has approved construction of a new 25-megawatt solar plant at its Kennecott copper operation in Utah, bringing the mine’s total solar capacity to 30 MW. It will be located next to an existing 5-MW solar plant. Full story.
Read MoreMineral Resources mothballs Bald Hill mine
Following a strategic review, Mineral Resources has decided to place its Bald Hill lithium mine in the Goldfields region of Western Australia on care and maintenance due to market conditions. “Placing Bald Hill on care and maintenance is a prudent decision but one not made lightly. The decision aligns with the work we have done across the company in recent…
Read MoreGreat Divide Mining transitions to gold producer
Queensland explorer Great Divide Mining has entered into a joint venture with Adelong Gold and its subsidiary, Challenger Mines, to recommence operations at the historic Adelong gold mine in New South Wales. “GDM was formed to rapidly evolve into a cash-flow mining business. This agreement sets us squarely on the path to producing our first gold in the near-term,” said…
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