Rio Tinto and Sumitomo Metal Mining have signed the final joint venture agreements to deliver the Winu copper-gold project in Western Australia following a December announcement of the partnership. Under the agreements, Rio Tinto will continue to develop and operate Winu, and Sumitomo will pay Rio Tinto up to $430.4 million for a 30% equity share of the project. This…
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Pan American Silver has entered into a definitive agreement to acquire all of the issued and outstanding common shares of fellow Canadian miner MAG Silver for $2.1 billion. Full story.
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Andy Eidson, chief executive and director of Alpha Metallurgical Resources, will give the keynote address at the 2025 Bluefield Coal & Mining Show, September 10-12 at the Brushfork Armory in Bluefield, W.Va. Full story.
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Metso has introduced systems designed to cost-effectively facilitate the fast and safe handling of stirred mill media during shutdown processes for mill maintenance activities. The pre-engineered solutions deliver rapid, safe and scalable options for customers’ grinding applications. Full story.
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Following shareholder approval, Toronto-headquartered Barrick Gold has completed its name change to Barrick Mining Corporation and Société minière Barrick in French. Full story.
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C29 Metals, through its local subsidiary, has executed a binding heads of agreement (HOA) with Kazakhstan-based Bask International Group Ltd. that sets out the framework for an incorporated Joint Venture between the companies. The purpose of the JV is to enable the companies to work collaboratively to identify or acquire and develop advanced exploration projects across Kazakhstan. It will be…
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Saudi Arabia’s cabinet said it is set to discuss a potential agreement with the United States about cooperation in the mining and mineral resources sectors, reported Reuters. U.S. President Donald Trump has a planned trip to the Middle Eastern kingdom next week. Saudi Arabia has been rapidly expanding its mining sector as part of its Vision 2030 economic diversification program,…
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Rio Tinto’s Diavik diamond mine has been awarded the Towards Sustainable Mining (TSM) Environmental Excellence Award for its solar power plant – the largest off-grid solar installation in Canada’s territories. Full story.
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Anglo American has released a statement in regards to American coal producer Peabody Energy reviewing options related to its acquisition of Anglo American’s coal assets in Australia. The miner said it does not believe that the stoppage at its Moranbah North mine on 31 March constitutes a Material Adverse Change in accordance with the definitive agreements with Peabody. A small…
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In what its executives have called a world first, The Metals Company (TMC) has submitted applications to the National Oceanic and Atmospheric Administration (NOAA) for two exploration licenses and one commercial recovery permit under the Deep Seabed Hard Mineral Resources Act (DSHMRA). CEO Gerard Barron said the company made the move after last month’s executive order from U.S. President Donald…
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