ABx Group Limited has secured approvals from the government and landholders for drilling 39 holes to expand the high-grade T8 rare earth elements (REE) mineralisation in Tasmania that the company’s scout drill campaign discovered in May. Drilling will commence on 10 November. “ABx is excited to be drilling for extensions of this shallow, high-grade rare earth mineralisation, which confirmed that…
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Rio Tinto and China’s State Power Investment Corporation (SPIC) Qiyuan have launched a trial of battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia. This is the miner’s first use of battery swap electric haul trucks in surface mining operations. Battery swapping technology allows the battery of an electric mining truck to be replaced at…
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A U.S. judge said he was ready to approve Rio Tinto’s agreement to pay $138.75 million to settle a lawsuit that accused the mining giant of defrauding investors by concealing problems with the underground expansion of the Oyu Tolgoi copper-gold mine in Mongolia, reported Reuters. Rio Tinto had reached a preliminary settlement with shareholders of the former Montreal-based Turquoise Hill…
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Eriez, which is reinforcing its commitment to expanding across southeast Asia while delivering more responsive support for local industries, has named Chien Dang Tran as country manager in Vietnam. In this newly established position, Tran will shape Eriez’ strategy in Vietnam by cultivating lasting partnerships, uncovering emerging opportunities, and collaborating with regional representatives to provide separation technologies tailored to market…
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Ok Tedi Mining has officially commissioned its new Mine Operations Workshop, named “Workshop 50” in honor of Papua New Guinea’s 50th independence anniversary. The facility is purpose-built to support the maintenance of the miner’s recently introduced fleet of XDE 260 XCMG electric trucks. Workshop 50 represents a major step forward in strengthening Ok Tedi’s mining operations, offering increased capacity and…
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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…
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