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…
Read MoreJennmar, on behalf of its Jennmar Services (JMS) subsidiary, has acquired maintenance and repair services group Rohrig Heavy Equipment Maintenance. The transaction will expand the offerings of JMS, it said, bolstering its existing capabilities as a contract labor and customized industrial solutions that provides plant maintenance, trucking, excavation, reclamation, water transfer, fabrication and welding, steel erection, concrete services, and operations.…
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The United States and Ukraine have reached a deal to create a reconstruction and investment fund that will give the U.S. access to Ukraine’s reserves of critical minerals and natural resources.
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Normet has been awarded a contract for an ancillary underground equipment fleet by South32 for its Hermosa project in Santa Cruz County, Ariz. Full story.
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The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) has appointed Randy Smallwood as its incoming president-elect for 2027-2028. Full story.
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Newmont said May 2 that Natascha Viljoen, executive vice president and chief operating officer, has been promoted to its president and chief operating officer.
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