Jennmar and KPS Capital Partners have entered into a definitive agreement for the latter to provide a majority equity investment in Jennmar. FalconPoint Partners and Jennmar’s CEO Tony Calandra will each retain a significant minority ownership position in the company. “This transaction is a significant milestone for Jennmar and a reflection of the dedication of our employees, the trust our…
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Artemis Gold reported an unplanned mill shutdown at the Blackwater mine in central British Columbia, Canada. The miner said it is currently experiencing a production outage at the mine due to the failure of a ball mill gearbox that occurred on March 11. Artemis Gold has a suitable replacement spare gearbox available, but it will take between eight and 10…
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Rio Tinto announced the death of a contractor following an incident at the Bingham Canyon mine, part of the Kennecott complex outside of Salt Lake City, Utah, on March 12. Full story.
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The U.S. Department of Energy’s (DOE) Office of Critical Minerals and Energy Innovation (CMEI) announced a Notice of Funding Opportunity (NOFO) for up to $500 million to expand U.S. critical mineral and materials processing and derivative battery manufacturing and recycling. Full story.
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Australian producer Pantoro Gold will be commencing development of its third producing underground mine at its wholly owned Norseman project in Western Australia in early FY27. Company officials said development will be moving toward the high-grade O’Briens Reef, and that will start after completion of dewatering and rehabilitation of the site’s Bullen Decline. It is expected to produce first ore…
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Lithium battery and energy storage company ROYPOW recently attended Conexpo, where it highlighted its latest line products, including jobsite energy storage systems (ESS), construction machinery batteries, and electric retrofit solutions. With rising costs and tightening environmental requirements, clean, cost-effective, and resilient energy is becoming increasingly critical. Addressing these challenges, ROYPOW said it is innovating energy solutions designed to enhance efficiency,…
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MineHub Technologies has entered into a memorandum of understanding with Spider Labs GmbH (Minespider), a Berlin-based pioneer in traceability software. Together, they will partner on opportunities to drive digitization within physical commodities markets. Initially, collaboration will include cross-selling of products and possible platform integration. By working together strategically, Minespider and MineHub can harness the strength of their combined network of…
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State-run China Mineral Resources Group (CMRG) has widened restrictions on buying new seaborne iron ore cargoes from BHP, as a months-long contract dispute persists, reported Reuters. The iron ore buyer is said to have told several traders to buy fewer BHP flagship grades like Mac fines and Newman fines and lumps, products that have not yet been part of the…
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Australia-based Cohda Wireless has applied its vehicle positioning solution to the Oyu Tolgoi mine in Mongolia to drive safety and productivity. The V2X (Vehicle-To-Everything) technology connects vehicles with each other and roadside infrastructure to create a cooperative and intelligent transport environment. “Cohda’s V2X-Locate allows all equipped mobile fleet, fixed plant, and personnel to be reliably tracked in real-time to sub-meter…
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Rendering: Rio Tinto Rio Tinto and the Western Australian Government have entered into a 50:50 joint venture to complete both Stage 1 and Stage 2 of the Dampier seawater desalination plant. Once fully operational, the plant will deliver 8 gigalitres of desalinated water per year to the West Pilbara Water Supply Scheme, reducing pressure on regional aquifers. The joint venture…
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