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.
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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.
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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…
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An unnamed Indian miner and steelmaker has selected FLSmidth to supply a full flotation technology package for what is set to become one of the world’s largest, most efficient and sustainable iron ore beneficiation plants. The OEM said the plant will be fed with domestic, low-grade iron ore where the FLSmidth flotation system will upgrade it to a final product…
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Barminco, the underground mining subsidiary of Perenti, has signed a new contract to continue underground mining operations at Gold Fields’ Agnew gold mine near Leinster, Western Australia. The new contract, valued at A$500 million, is for three years with an optional one-year extension. Services include underground development, production and related mining services. “We are very pleased to be extending our…
Read MorePeak Rare Earths said that Chinese rare earths producer Shenghe Resources will acquire the Australian firm for A$150.5 million, in addition to the full amount raised under Peak’s proposed A$7.5 million entitlement offer. Under the deal, the state-owned miner’s unit Ganzhou Chenguang Rare Earths New Material will buy Peak for a minimum of A$0.359 per share in cash, if the…
Read MoreMore than 100 employees at the National Institute for Occupational Safety and Health (NIOSH) will be permanently reinstated – a crucial development after months of uncertainty that threatened the agency’s workforce and core safety programs. Full story.
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The U.S. Geological Survey has invited states to compete for $5 million in cooperative agreements to find critical minerals in mine waste at active and legacy sites. The funding opportunity supports the agency’s efforts to build a national mine-waste inventory. Full story.
Read MoreCaterpillar Inc. released its 2024 Annual and Sustainability Reports, showcasing the company’s notable strides advancing the business across all segments. The 2024 reports underscore Caterpillar’s commitment to building a better, more sustainable world, and highlight the collective efforts of global Caterpillar employees in meeting customer needs and achieving the company’s goals. “The reports detail Caterpillar’s investment of more than $30…
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A U.S. federal judge has temporarily blocked the Trump administration from transferring land to Rio Tinto and BHP for their Resolution copper mine in Arizona, citing the Supreme Court’s ongoing deliberations in the complex case, reported Reuters. Full story.
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