Anglo American has agreed to sell its portfolio of steelmaking coal mines that it operates in Australia to Peabody Energy for a cash consideration of up to US$3.775 billion. The acquisition includes four metallurgical coal mines – Moranbah North, Grosvenor, Aquila, and Capcoal – located in the Bowen Basin. It is expected to transform Peabody’s metallurgical coal segment, increasing production…
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Nearly all of the world’s major autonomous mines have implemented Immersive Technologies’ proven autonomous haulage system, and now an undisclosed U.S. mine is set to utilize the company’s simulators and digital learning systems as it sets to fully convert to autonomy. Full story.
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Maintenance, repair and operation replacement parts distributor Motion Industries Inc. promoted Eric Gonzalez to senior vice president of Mexico, Canada, industry segments and business development, effective immediately. Full story.
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The Chamber of Minerals and Energy of Western Australia said it welcomed an announcement of a relief package for the state’s lithium producers. “Falling lithium prices have forced a growing number of lithium operations to suspend or cease operations over the past 18 months,” said CME Chief Executive Officer Rebecca Tomkinson. “However, we know lithium remains a key commodity for…
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Gold miner Spartan Resources has received key regulatory approvals for the mining and processing of underground ores to proceed at its Dalgaranga gold project in Western Australia. “With these final approvals now in hand, we are excited to move ahead with the next phase of development of the Dalgaranga project and advance systematically toward a production re-commencement, in the process…
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Fortescue intends to purchase over 100 pieces of zero emissions heavy mobile equipment under a deal with Chinese manufacturer XCMG with a potential value of more than US$400 million. This marks XCMG’s largest contract outside of China for mining equipment and will see battery electric wheel loaders, wheel dozers, water carts, float prime movers and graders delivered to Fortescue’s Pilbara…
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Newmont has agreed to sell its Éléonore operation in Northern Quebec, Canada, to UK-based Dhilmar for $795 million in cash consideration as part of the miner’s plan to divest its non-core assets. Full story.
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Superior Industries Inc. announced the grand opening of a new crushing manufacturing facility in Morris, Minn., its headquarters and hometown since the company was founded in 1972. Full story.
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Photo: Ceibo Ceibo and Glencore‘s Lomas Bayas Mining Company have entered into a partnership to deploy the former’s proprietary leaching technologies that enable a more effective extraction of copper from low-grade sulfides. Lomas Bayas has validated Ceibo’s technology and is moving toward scaling up to assess this as an alternative to extend the life of their mining operations. The partnership…
Read MoreMiners at Ukraine’s DTEK Energy reportedly put 18 new coal mine faces into operation between January and October 2024, and plan to commission eight more before the end of the year, per an Interfax-Ukraine news agency report. The outlet, which cited the company’s statement, said DTEK was able to accumulate the needed fuel stocks to get through the autumn-winter season…
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