Australian Prime Minister Anthony Albanese said he was concerned about a report that China’s state-owned China Mineral Resources Group (CMRG) had taken steps to pause purchases of iron ore cargoes from BHP, reported Reuters. A Bloomberg News report cited that CMRG had asked the country’s steelmakers and traders to pause purchases of BHP’s seaborne iron ore cargoes during annual price…
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Japan Gold said it and Barrick Mining have mutually agreed to end their strategic alliance agreement, effective October 31, 2025. The alliance was established in 2020 with the aim of jointly exploring, developing and mining certain gold mineral properties and projects in Japan, which have the potential to host Tier 1 or Tier 2 gold deposits. “Barrick’s involvement with Japan…
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Freeport-McMoRan said the remaining five workers who were missing following the September 8 mud-rush disaster at the Grasberg Block Cave mine in Indonesia have been found deceased. This follows the discovery of two bodies on September 20.
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Indonesia Investment Minister Rosan Roeslani said he expects the government to soon sign a deal with Freeport-McMoRan, which will give a local partner a 12% stake in its Indonesian unit, PT Freeport Indonesia, reported Reuters. State-owned holding company MIND ID owns 51% of PT Freeport Indonesia, which runs operations at the Grasberg minerals district. “This is just an administrative process…
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India is working to obtain rare-earth samples from Myanmar’s Kachin Independence Army as it seeks to secure alternative supplies of the resource, which is tightly controlled by China, reported Reuters. China has significantly limited exports of processed rare earths to strengthen its geopolitical position amid its trade war with the United States, noted Reuters. Sources familiar with the matter told…
Read MoreNewly completed fieldwork at Ivanhoe Mines and Pallas Resources’ joint venture project in the Chu-Sarysu Basin, Kazakhstan, has identified copper mineralization outcropping on surface with an approximately 20-metre thick zone. Reconnaissance work has identified visible copper mineralization in the form of malachite, azurite and chalcocite on the Merke licence, which includes a 36-kilometre-long, historically identified stratigraphic trend, with multiple samples…
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Metso has secured an order from Fortress Minerals to supply a comprehensive suite of minerals processing equipment for two strategic projects in Malaysia: the Bukit Besi iron ore project and the Mengapur copper project. The order value, which was not disclosed, is booked in Metso’s Minerals’ 2025 third-quarter orders received. At the core of the order are two Metso HRC…
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Rio Tinto said an employee of a contracting company has died following an incident at the SimFer mine site in Nzérékoré, Guinea, on August 22. “We extend our deepest condolences to the family, friends and colleagues impacted by this tragic event as well as the wider community. We will offer all the support we can at this very difficult time…
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Indonesian President Prabowo Subianto has set up a new mineral industry agency that will oversee the development of rare earths and radioactive materials, reported Reuters. “This agency will manage the strategic materials industry that relates to the defence industry, because strategic materials are quite important for the sovereignty of the nation, as well as important for the improvement of our…
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New Age Exploration announced that its maiden reverse circulation (RC) drilling program at the Lammerlaw gold project in New Zealand has intersected shear zone-hosted gold mineralisation analogous to the Macraes deposit. The Australian-based exploration and development company commenced its maiden Phase 1 drilling in April and completed the program in May with five holes drilled for 458 metres. “This is…
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