A U.S. judge said he was ready to approve Rio Tinto’s agreement to pay $138.75 million to settle a lawsuit that accused the mining giant of defrauding investors by concealing problems with the underground expansion of the Oyu Tolgoi copper-gold mine in Mongolia, reported Reuters. Rio Tinto had reached a preliminary settlement with shareholders of the former Montreal-based Turquoise Hill…
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Minespider, a traceability platform, and Australia-based Rare Earth Ventures have formed a strategic partnership to bring traceability to rare earth and critical mineral supply chains in Australia using Minespider’s Digital Product Passports. “Traceability and transparency are no longer optional – they’re the foundation for gaining market access and investment. Through our partnership with Rare Earth Ventures, we’re helping Australian mines…
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The Queensland energy minister said coal-fired power stations will continue to operate in the state until least 2046 as part of the government’s Energy Roadmap – a reversal of the Energy and Jobs Plan launched under former Premier Annastacia Palaszczuk. “The former Labor government’s ideological decision to close coal units by 2035, regardless of their condition, is officially abolished,” said…
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U.S. President Donald Trump and Australian Prime Minister Anthony Albanese have signed a critical minerals agreement, which they described as “an $8.5 billion deal between allies,” aimed at curbing China’s dominance of rare earths resources. The Associated Press reported that China announced earlier this month that foreign companies must get approval from its government to export magnets containing even trace…
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Epiroc’s Underground division has entered a partnership with Swedish-founded Jama Mining Machines AB, which will see Epiroc offer a complementary selection of Jama’s scalers and rescue chambers globally. “This partnership is a natural step in our commitment to providing the most complete and innovative solutions for underground mining. Jama’s expertise in scaling and their strong track record of customer-focused innovation make…
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Gold and silver producer McEwen and Canadian Gold Corp. have entered into a definitive agreement, under which McEwen will acquire all of the issued and outstanding common shares of the Canadian-based exploration company through a statutory plan of arrangement. Full story.
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After obtaining the necessary permits from the Department of Environmental Quality earlier this month, United States Antimony has initiated exploration and bulk sampling operations at Stibnite Hill, which is located adjacent to the company’s Thompson Falls, Mont., smelter. Full story.
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Metso has opened a new Separation laboratory and pilot area at its Research Center in Pori, Finland, bringing expanded research and development services for its customers. “Our new Separation laboratory in Pori encompasses our latest flotation technologies for the beneficiation of fine and ultrafine but also coarse particles. It has been expanded with a Concorde Cell laboratory unit, which can…
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Eriez, which is reinforcing its commitment to expanding across southeast Asia while delivering more responsive support for local industries, has named Chien Dang Tran as country manager in Vietnam. In this newly established position, Tran will shape Eriez’ strategy in Vietnam by cultivating lasting partnerships, uncovering emerging opportunities, and collaborating with regional representatives to provide separation technologies tailored to market…
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EnerMech has been awarded a multi-million-dollar asset integrity management services contract with South32 at its Worsley Alumina Refinery in Western Australia. The scope of work covers inspection, non-destructive testing (NDT), rope access and insulation services at the refinery near Collie. The three-year agreement, with extension options, sits under EnerMech’s Infrastructure and Industrial Solutions business line, which specializes in all aspects…
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