Rio Tinto has launched its final Beyond Rare Tender, the third in its annual Art Series, featuring 52 lots of rare diamonds. The final collection pays homage to the life of the Argyle diamond mine in Australia, which ceased operations in 2020, and the Diavik diamond mine in Canada that will cease production next year. The collection, weighing 45.44 carats,…
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Global miner Newmont has completed the sale of its common shares of Orla Mining, for aggregate gross proceeds of US$439 million (C$605 million). “Today’s announcement demonstrates Newmont’s ongoing commitment to streamlining our equity portfolio and unlocks significant cash to support Newmont’s capital allocation priorities,” said Tom Palmer, Newmont chief executive officer. “We value the strong relationship we’ve had with Orla…
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Aquatech has acquired Koch Technology Solutions’ (KTS) direct lithium extraction (DLE) business, integrating the Li-Pro Lithium Selective Sorption (LSS) technology and extensive Li-Pro IP portfolio into the PEARL process technology platform. Full story.
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Equinox Gold has poured first gold at its Valentine gold mine located in Newfoundland and Labrador, Canada. Full story.
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Indonesian officials said a task force has seized plots spanning hundreds of acres from PT Weda Bay Nickel and PT Tonia Mitra Sejahtera for lack of relevant forestry permits, reported Reuters. A 148-hectare (366-acre) area at Weda Bay Nickel’s concession has been seized due to the lack of a forestry licence needed to exploit the plot. “They have the mining…
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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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Barrick Mining has reached an agreement to sell its Hemlo gold mine to Carcetti Capital Corp. for up to $1.09 billion. Upon closing, Carcetti will be renamed to Hemlo Mining Corp. Full story.
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Komatsu announced a strategic technology collaboration with Applied Intuition, a Silicon Valley-based company at the forefront of vehicle intelligence. This collaboration aims to provide cutting-edge technologies and real-time adaptability to Komatsu’s next-generation mining equipment, helping customers boost productivity, reduce downtime and operate with greater precision and efficiency. With Applied Intuition’s proven capabilities across vehicle operating systems, autonomy stacks and tooling,…
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Anglo American and Teck Resources have reached an agreement to combine the two companies in a merger of equals, forming the Anglo Teck group. Headquartered in Vancouver, Canada, Anglo Teck will be a global critical minerals champion and top-five global copper producer. Bringing together the strengths of both companies, Anglo Teck will leverage proven capabilities in technical and operational excellence,…
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A year after Pilbara Minerals commissioned the world’s largest lithium ore sorting plant for its Pilgangoora operation in Western Australia, TOMRA Mining’s sensor-based sorting technology is delivering measurable value, contributing to strong production performance, significantly reduced costs, and enhanced resource utilization. In its June quarter FY25 results, Pilbara Minerals reported a 77% increase in production volume and a 10% reduction…
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