Ivanhoe Electric received a Letter of Interest from the Export-Import Bank of the United States (EXIM Bank) outlining the potential to provide up to $825 million in debt financing for the development of the Santa Cruz copper project in Arizona. Full story.
Read MoreAuthor: Miners News
Piedmont-Sayona merger forms Elevra Lithium
Upon completion of the Piedmont Lithium and Sayona Mining merger announced last November, the combined North American lithium business will be named Elevra Lithium. Full story.
Read MoreAustralia’s first underground lithium mine starts stoping
Liontown Resources said underground stoping has commenced on schedule at its Kathleen Valley lithium operation in Western Australia with the first blast fired at the Mt Mann orebody. “This achievement was made possible by advanced planning, the dedication of our team and the support from our mining partner, Byrnecut, ensuring the first stope blast at Mt Mann proceeded as planned,”…
Read MoreMetso completes Swiss Tower takeover
Metso has completed the acquisition of its long-time partner Swiss Tower Mills Minerals, strengthening its position as a leading comminution technology and services supplier for the mining industry. “Swiss Tower Mills Minerals was founded in 2011 with the vision of achieving outstanding grinding performance and unparalleled energy efficiency with vertical stirred mills. Our joint journey with Metso began a year…
Read MoreKomatsu expands presence in Southwest
Komatsu recently broke ground on a 215,000-square-foot facility in Mesa, Ariz., marking a significant milestone in the company’s commitment to mining customers in the southwestern United States. Full story.
Read MoreL&H installs one of the biggest vertical turning lathes in North America
L&H Industrial has officially commissioned one of the largest Vertical Turning Lathe (VTL) in North America, significantly expanding its precision machining capabilities to support the mining, oil and gas, power generation and heavy equipment industries. This groundbreaking investment, installed at L&H’s Tempe, Ariz., facility, is designed to machine some of the largest industrial components in the world, ensuring optimal performance…
Read MoreMetso launches Sustainable Flowsheet Explorer
Metso has unveiled the Sustainable Flowsheet Explorer (SFX) to enable the assessment, simulation and comparison of technological alternatives on circuit and full flowsheets within minutes instead of weeks. “For our mining customers, the Sustainable Flowsheet Explorer streamlines the evaluation and comparison of technological alternatives with a focus on the Metso Plus solutions. It significantly reduces the time needed for initial…
Read MoreDatamine launches Studio Geo
Australian software firm Datamine has introduced Studio Geo, its premier geological modelling platform. Studio Geo, designed to revolutionize the way mining professionals interpret and utilise geological data, is ideal for mine geologists and resource modelling teams, helping them optimise workflows, improve data accuracy, and make informed decisions, the company said. “Studio Geo is built on a deep understanding of the…
Read MoreEmerson releases AMS Machine Works asset management software
Emerson is helping reliability teams eliminate data silos and expand their capabilities with the release of AMS Machine Works version 1.8. This latest software update unites all modern AMS condition monitoring hardware data under a single platform to help organizations simplify management and increase cybersecurity of their reliability programs in a wide range of process industries, including mining, metals, minerals,…
Read MoreWestgold completes sale of Lakewood Mill
Westgold Resources Limited has successfully completed the divestment of its non-core Lakewood milling operation in Western Australia to Black Cat Syndicate Limited for $85 million in cash and shares. Under the deal’s terms, Westgold will retain priority access to process up to 200ktpa of ore at Lakewood via a toll-treating agreement for a period of two years. Details on a…
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