London-based Central Asia Metals has entered into a definitive Scheme Implementation Deed (SID) with New World Resources to acquire the Australia-based, North American-focused company for A$185 million. The acquisition will add the Antler copper project in Arizona (USA) to Central Asia Metals’ portfolio. “The addition of this high-grade copper project in a tier-one jurisdiction will significantly strengthen our portfolio. We…
Read More
The Weir Group and CiDRA Minerals Processing recently signed a global collaboration agreement alongside a strategic investment by Weir in CiDRA’s mining business. This partnership will accelerate the commercialization and deployment of CiDRA’s P29 technology, which introduces an innovative mineral separation solution and unlocks novel flowsheet designs. Under the terms of the agreement, Weir and CiDRA will collaborate globally to…
Read More
National Mining Association EVP and COO Katie Sweeney recently spoke before the U.S. House of Representatives Committee on Energy and Commerce’s Subcommittee on Oversight and Investigations on methods to enhance domestic mineral supply chains. Full story.
Read More
In a push to strengthen U.S. energy and manufacturing security, the U.S. Energy Department confirmed the designation of metallurgical coal as a critical material under the Energy Act of 2020. Full story.
Read More
Epiroc AB said it will consolidate some of its drilling tools manufacturing in North America to increase efficiency. The OEM will move the manufacturing of rotary and raiseboring drilling tools from Langley, Canada, to its factory in Matehuala, Mexico, where rock drills are also currently produced. Full story.
Read More
West Red Lake Gold Mines said its board of directors has approved management’s recommendation to restart its flagship Madsen gold mine in Ontario immediately. Full story.
Read MoreContinental’s group sector ContiTech recently hosted its Total Conveyance Event in celebration of the expansion of its conveyor belt manufacturing facility in Ponta Grossa, Paraná, Brazil. The two-day event featured a ribbon-cutting ceremony and welcomed approximately 100 guests, including customers, industry professionals and local leaders. Attendees received an in-depth look at ContiTech’s integrated material handling solutions through guided tours, technical…
Read More
Perpetua Resources said the United States Army Corps of Engineers has issued the final federal permit needed for its Stibnite gold project in Valley County, Idaho. Stibnite is projected to be one of the highest-grade open-pit gold mines in the country. Full story.
Read More
Solidus Resources said it is the recipient of a Letter of Interest from the Export-Import Bank of the United States (EXIM) regarding the potential financing of up to $835 million for the Spring Valley gold project in Pershing County, Nev. Full story.
Read More
Lynas Rare Earths has confirmed first production of Dysprosium Oxide (Dy) at its Malaysian facility, marking a significant milestone as the world’s only commercial producer of separated heavy rare earth products outside China. “The production of this on spec Dy is a significant step for supply chain resilience and provides customers with the option of sourcing product from an outside…
Read More