Ukraine said it is open to making a deal with the United States government for continued military aid in exchange for developing Ukraine’s mineral industry, reported The Associated Press.
Read MoreUkraine open to minerals deal for U.S. aid
Author: Miners News
Rio2 starts Fenix construction
Canadian-based Rio2 has marked the start of construction at its Fenix gold mine in the Maricunga Gold Belt, Atacama Region, Chile. A ceremony was held 6 February to mark the occasion; the event was attended by the Honorable Aurora Williams Baussa, Minister of Mining; Mario Silva Álvarez, Deputy Governor of Atacama; Jorge Riesco Valdivieso, President of SONAMI (Chilean National Mining…
Read MoreTyrecycle opens first-ever Australia recycling centre
Port Hedland is the home of Australia’s first OTR mining tyre recycling centre, owner and host company Tyrecycle announced last week. The facility, purpose built for the sector, will be able to recycle end-of-life tyres from across the Pilbara at the rate of more than 30,000 tonnes annually, providing an efficient mine-to-processing service, and enhancing sustainability credentials for operators –…
Read MoreRCT starts up automated excavators in Pilbara
RCT has confirmed that one of its clients in the Pilbara region of Western Australia is now operating Cat 349D excavators equipped with its automation system as well as rock breaker and back scratch attachments.
Read MoreSasol, Anglo American, De Beers make renewable diesel pact
Miners Sasol, Anglo American and De Beers have entered into a joint development agreement (JDA) to pilot the production of feedstock for renewable diesel. The deal, inked during the recent Investing in African Mining Indaba conference in Cape Town, allows all three to assess the technical and commercial viability of feedstock production, starting with Solaris and Moringa plantations to generate…
Read MoreChina restricts exports amid U.S. tariffs
China said it would restrict exports of five metals used in defense, clean energy and other industries in response to U.S. tariffs, reported Reuters. An additional 10% tariff on Chinese imports into the U.S. came into effect last week. The new restrictions stop short of outright export bans and are narrowly targeted in some cases, noted the news agency. Licenses…
Read MoreCummins acquires First Mode assets
Cummins’ Generators and Power Systems arm confirmed February 11 that it has acquired the assets of mining and rail power retrofitter First Mode. Full story.
Read MoreBritish Columbia fast-tracks 18 mining and energy projects
In the face of ongoing tariff threats from the United States, the British Columbia government said it is working to accelerate 18 critical mineral and energy projects worth roughly $20 billion, reported The Canadian Press. Full story.
Read MoreMetso expands screening solutions in China
Metso has agreed to acquire the screening business, operations and key assets of Selm (Beijing) Technology Co., Ltd. for an undisclosed amount. The deal strengthens the OEM’s services to better support mining and aggregates customers in China. “The acquisition is a significant step in advancing our regional strategy in screening of being closer to our customers, fostering a market-focused approach,”…
Read MoreJapan Gold enters royalty deal with Osiko Gold
Japan Gold has entered into an investment agreement with Osisko Gold to sell a 1.5% net smelter return royalty on certain properties and assets in Japan for US$5 million cash. Osisko will also have the option to purchase an additional 0.5% net smelter return royalty for $3 million after the deal’s first anniversary. “The transaction allows us to accelerate our…
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