State-run China Mineral Resources Group (CMRG) has widened restrictions on buying new seaborne iron ore cargoes from BHP, as a months-long contract dispute persists, reported Reuters. The iron ore buyer is said to have told several traders to buy fewer BHP flagship grades like Mac fines and Newman fines and lumps, products that have not yet been part of the…
Read More
Colorado-based NioCorp, owner of the Elk Creek critical minerals project in southeastern Nebraska, has kicked off construction for the site’s main access to the mine’s underground portion. Full story.
Read More
Ohio-headquartered Kodiak Chemical has signed a strategic joint venture with Blackrock Mining Solutions to serve the energy, mining, and primary metal sectors in Australia.
Read More
After first announcing its plans last December, global equipment producer Sandvik has broken ground on its new mechanical cutting and parts and services facility in Saskatoon, Saskatchewan, Canada. The campus, for which the Swedish-based OEM earmarked $51 million in 2025, will be 51,000 quare feet and bring manufacturing work previously performed in Europe over to the SK site. Sandvik president…
Read More
Canadian miner Hudbay Minerals has signed a definitive agreement to buy the remaining stake in Arizona Sonoran Copper Company that it does not already own for $1.48 billion. The deal will create a major copper hub in southern Arizona by adding Arizona Sonoran’s Cactus project to Hudbay’s existing operations, including the Copper World project. Full story.
Read More
Chimera Land is specifically designed to solve the primary challenge for underground mining: maintaining precise vehicle positioning in deep, dark, and unmapped environments where GPS cannot reach. Full story.
Read More
As part of B2Gold’s leadership succession planning, President and CEO Clive Johnson is set to retire at the company’s annual general meeting on June 4. He has served in the roles since B2Gold’s founding in 2007. Johnson led the successful transition and growth of B2Gold from a junior exploration company to a responsible international gold producer, with four operating mines…
Read More
Victory Metals and Curtin University have formed a strategic partnership to accelerate the development of Victory’s North Stanmore heavy rare earth (HREE) and strategic defence metal project in Western Australia. “Victory, Curtin and the Resources Technology and Critical Minerals Trailblazer [initiative] create an unbeatable industry-academia powerhouse,” said Victory Metals Chief Executive Officer and Executive Director Brendan Clark. “This partnership delivers…
Read More
Faraday Copper and a BHP subsidiary have signed a non-binding letter of intent to explore a potential transaction whereby Faraday would acquire BHP’s San Manuel property in Arizona. Full story.
Read More
NSW Minerals Council CEO Stephen Galilee has confirmed, via the group’s annual member expenditure survey, that 29 participating NSW mining companies in the last financial year supported record levels of mining jobs and near-record levels of direct spending in the Australian state.
Read More