Subsurface intelligence group Ideon Technologies has formed a partnership with Rio Tinto to solve what the pair calls mining’s hardest problem: geological uncertainty.
Read MoreIdeon, Rio Tinto ink global intelligence tech partnership
Author: Miners News
USA Rare Earth secures link in supply chain with LCM deal
USA Rare Earth has entered into a definitive agreement to acquire UK-based LCM (Less Common Metals), a rare earth metal and alloy producer, for $100 million in cash and 6.74 million shares of USAR common stock. The acquisition represents a significant acceleration of USAR’s mine-to-magnet strategy, establishing an end-to-end rare earth supply chain. “The acquisition of LCM is a bold…
Read MoreB2Gold declares commercial production at Goose mine
B2Gold’s Goose mine, part of the Back River Gold District in Nunavut, Canada, achieved commercial production on October 2. From September 3, the mill achieved an average throughput of 2,652 tonnes per day, or 66% of design capacity, over 30 consecutive days. Full story.
Read MoreFreeport confirms missing miners dead
Freeport-McMoRan said the remaining five workers who were missing following the September 8 mud-rush disaster at the Grasberg Block Cave mine in Indonesia have been found deceased. This follows the discovery of two bodies on September 20.
Read MoreCruz Battery Metals renews Nevada claims
Cruz Battery Metals has renewed all of its lithium claims in Nevada, including the Solar lithium project. The renewed claims maintain Cruz’s foothold in one of the most active lithium districts in the United States. Full story.
Read MoreBrookwood-Sago grants recipients named
The U.S. Department of Labor has awarded $250,000 in Brookwood-Sago grant funding to three organizations in three states to support education and training initiatives that will help identify and prevent unsafe working conditions in and around the nation’s mines. Full story.
Read MoreWeir partners with Viking Analytics to enhance digital offerings
Weir, a mining technology company, has entered into a strategic collaboration agreement with Viking Analytics, a Swedish-based company specializing in AI-powered vibration analysis and condition monitoring for smarter predictive maintenance.
Read MoreFreeport, Indonesia close to divestment deal
Indonesia Investment Minister Rosan Roeslani said he expects the government to soon sign a deal with Freeport-McMoRan, which will give a local partner a 12% stake in its Indonesian unit, PT Freeport Indonesia, reported Reuters. State-owned holding company MIND ID owns 51% of PT Freeport Indonesia, which runs operations at the Grasberg minerals district. “This is just an administrative process…
Read MoreU.S. government obtains stake in Lithium Americas
U.S. Department of Energy (DOE) Secretary Chris Wright announced the Loan Programs Office has restructured its deal with Lithium Americas with support from General Motors. Full story.
Read MoreKincora regains Mongolian copper-gold portfolio
Kincora Copper has resecured the full rights of its Mongolian copper-gold portfolio following the withdrawal of Orbminco, formerly Woomera Mining, from a 2024 earn-in agreement as it shifts its focus to Australian gold exploration. The portfolio includes three extensive and underexplored copper-gold intrusive complexes at the Bronze Fox project, a year-round field camp and a proprietary Mongolia-wide project generation database.…
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