A study co-led by the University of Michigan says copper needs to cost about twice as much as it currently does to incentivize companies to develop new mines. It found that the copper needed even just to sustain typical economic and population growth far exceeds the amount of copper currently mined.
Read MoreAuthor: Miners News
US Critical Materials, INL to build rare earths pilot plant
US Critical Materials and Idaho National Laboratory have entered into a Phase II Cooperative Research and Development Agreement (CRADA) to establish a pilot-scale processing plant capable of producing rare earths domestically. Read the full story here.
Read MoreVictoria regulator ramps up inspections
After a successful series of inspections across the state’s west and northwest, the Victoria Earth Resources Regulator said it is on its way to sites in the Mitchell, Macedon Ranges and Mount Alexander shires between 18 and 20 June.
Read MoreOyu Tolgoi ramp-up continues under alternative plan
The board of directors for Oyu Tolgoi LLC has approved development work at the Mongolian copper mine to commence under an alternative plan, while engagement continues with Entrée Resources and the government on the transfer of licences to allow mining in a joint venture area.
Read MoreMetso begins construction on Canadian service center
Metso held a groundbreaking ceremony for its new service center in Prince George, British Columbia, on June 4. Situated in the heart of a key Canadian mining region, the center is expected to be fully operational by early 2026. Read the full story here.
Read MoreHudbay, SSR pause operations as Canadian wildfires spread
Canadian miners Hudbay Minerals and SSR Mining have temporarily suspended operations in Western Canada as an outbreak of fires spread across the region’s north. Read the full story here.
Read MoreNSW mine selects RCT for digital future
A New South Wales tin-lead-zinc mine has opted for greater sustainability, safety and efficiency with a digital upgrade to its fleet from RCT, powered by Epiroc. The suppliers said that, for years, the site has successfully operated a fleet of CAT 2900s using RCT’s analogue system. However, recently the operation opted to transition their fleet to a full digital system…
Read MoreMetso receives filtration order for Indonesian nickel mine
Metso has been awarded a repeat order to deliver sustainable tailings filtration technology for the Huayou Group’s laterite nickel mine project in Indonesia. The order value, which was not disclosed, has been booked in the Minerals segment’s 2025 second-quarter orders received. The contract consists of the engineering, manufacturing and supply of 16 Larox FFP3512 filters, as well as advisory services…
Read MoreRio Tinto, PKKP sign landmark agreement
Rio Tinto and the Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation have signed a co-management agreement for the iron ore operations on PKKP Country. It formalises how the miner and Traditional Owners engage on proposals affecting heritage and social surroundings throughout the mine lifecycle. “The destruction of the Juukan Gorge rock shelters on the 24th of May 2020 brought…
Read MoreLynas inks Malaysian MREC deal
Lynas Rare Earths has signed a non-binding memorandum of understanding for the supply of mixed rare earths carbonate (MREC) from Menteri Besar (MB) Inc., the strategic investment arm of the Kelantan state government in Malaysia. “This is a significant step for Lynas and the Malaysian rare earths industry, bringing together Lynas Malaysia’s over a decade of rare earths industry expertise,…
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