Burgundy Diamond Mines has decided to temporarily suspend open pit mining at its Point Lake operation, one of two active sites at its Ekati diamond mine in the Northwest Territories of Canada. The miner said the operation had become “sub-economic” due to a weak diamond market. Full story.
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South Korean steelmaker POSCO Holdings has signed a memorandum of understanding with Anson Resources to establish and operate a demonstration plant to validate its direct lithium extraction (DLE) technology. Full story.
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Last year, Glencore’s George Fisher mine, part of its Mount Isa Mines complex, received three automated Toro TH663i trucks equipped with AutoMine by Sandvik, following the successful implementation of an automated loader fleet with the AutoMine system in 2020. The automated loaders and trucks are now successfully utilised around the clock on separate levels of George Fisher, with major benefits…
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Aclara Resources announced a strategic collaboration between its U.S.-based subsidiary Aclara Technologies and Stanford University to accelerate the development of artificial intelligence (AI) innovations aimed at securing a resilient and sustainable supply chain for heavy rare earth elements (HREE). The agreement establishes the foundation for a strong academic and technological alliance, leveraging advanced AI solutions to optimize the HREE supply…
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BHP closed its fiscal year 2025 (June 30) with record copper production, exceeding 2 million tonnes at the group level. This result marks an 8% increase over the previous year, consolidating three consecutive years of growth. The Escondida mine in the Antofagasta region of Chile was key, recording its highest production in 17 years (1,305,000 tonnes), up 16% from 2024. While Spence, also present in Chile, reached an all-time…
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MP Materials has entered a definitive, long-term agreement to supply Apple with rare earth magnets manufactured in the United States entirely from recycled materials, supporting American manufacturing and circular supply chains. Full story.
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Metso has received an order for sustainable filtration technology for Jindal Steel’s iron ore pellet plant in Angul, India. The order value, which was not disclosed, is booked in the manufacturer’s Minerals’ 2025 second-quarter orders received. “As a long-term supplier of Jindal Steel, we are honored to be selected once again, this time to provide efficient and sustainable concentrate filtration…
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Schlam announced the opening of a new manufacturing facility in Muswellbrook, New South Wales. This is the company’s third facility in Australia and fifth globally. The Muswellbrook facility will provide timely, local resources to support the full lifecycle of Schlam’s products in NSW as part of its global expansion driven by customers’ needs. The new site will assemble Hercules mining…
Read MoreBHP has signed preliminary deals with two Chinese companies to explore battery opportunities for mining equipment and transport across its global operations. Recognizing the need for innovative solutions to tackle Scope 1 and 2 emissions, BHP said it is working closely with Contemporary Amperex Technology Co. Limited (CATL) and FinDreams Battery Co., a fully owned subsidiary of BYD Group, to…
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The board of Rio Tinto has appointed Simon Trott, currently Iron Ore chief executive, to succeed Jakob Stausholm as chief executive, effective August 25. Full story.
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