Indonesia Forestry Ministry ices mining permits

The Ministry of Forestry in Indonesia has reportedly frozen some 80 mining environmental permits across the country as part of a compliance review. According to Indonesia Business Report, the agency is evaluating environmental compliance for about 1,358 coal and nickel extraction units across 14 provinces considered, as it said, to be environmentally critical. As of February 25, 250 units had…

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Sandvik breaks ground on Saskatoon facility

Sandvik-Saskatoon, Saskatchewan, Canada.

After first announcing its plans last December, global equipment producer Sandvik has broken ground on its new mechanical cutting and parts and services facility in Saskatoon, Saskatchewan, Canada. The campus, for which the Swedish-based OEM earmarked $51 million in 2025, will be 51,000 quare feet and bring manufacturing work previously performed in Europe over to the SK site. Sandvik president…

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Cribb steps down from Glencore

Glencore Coal Australia has confirmed the departure of its chief executive officer, Ian Cribb, who will retire of at the end of March. Cribb, a 50-year mining industry veteran, had worked with Glencore for more than three decades. Cribb, the company said, was a key contributor to the growth and success of Glencore’s Australian coal business, holding various senior management…

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Hudbay inks deal to acquire Arizona Sonoran

Canadian miner Hudbay Minerals has signed a definitive agreement to buy the remaining stake in Arizona Sonoran Copper Company that it does not already own for $1.48 billion. The deal will create a major copper hub in southern Arizona by adding Arizona Sonoran’s Cactus project to Hudbay’s existing operations, including the Copper World project. Full story.

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Ok Tedi extends ‘Mobile Squads’ engagement

Ok Tedi Mining has signed an extended memorandum of understanding (MoU) with the Royal Papua New Guinea Constabulary to continue the engagement of the Special Services Division (Mobile Squads) at its operations in Tabubil. “This MoU extension and partnership is important for us at Ok Tedi as it emphasises our commitment to community and operational safety. We want to ensure…

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Adavale Resources to expand Parkes project

Combined tenure post-acquisition. Graphic: Adavale Resources

Australian junior explorer Adavale Resources has entered into an agreement with Alkane Resources to acquire a strategic package of exploration tenure adjacent to and complementary with its Parkes gold-copper project in New South Wales. The acquisition expands Adavale’s contiguous Parkes tenement holding from 380 square kilometres to 440 km², consolidating approximately 56 km of strike along the gold-rich Parkes Thrust…

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B2Gold CEO to retire, successor named

Clive Johnson and Mike Cinnamond

As part of B2Gold’s leadership succession planning, President and CEO Clive Johnson is set to retire at the company’s annual general meeting on June 4. He has served in the roles since B2Gold’s founding in 2007. Johnson led the successful transition and growth of B2Gold from a junior exploration company to a responsible international gold producer, with four operating mines…

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