Following a constructive six-week due diligence period, Caterpillar and RPMGlobal have now signed a binding Scheme Implementation Deed. The agreement formalizes the terms under which Caterpillar will acquire RPM via a scheme of arrangement. “RPMGlobal’s culture and agile approach to developing solutions aligns well with Caterpillar’s intense focus on solving customer needs,” said Denise Johnson, group president, Caterpillar Resource Industries. …
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ABB, LKAB enter technology partnership
Global technology provider ABB and Swedish mining and minerals group LKAB have signed a memorandum of understanding (MoU) to form a strategic technology partnership to accelerate automation, electrification and digitalization in mining. The partnership will focus on some of the biggest shifts in the mining industry’s journey to the all-electric, automated and digitalized mine, enhancing safety, sustainability and productivity. ABB…
Read MoreAdministration approves controversial Alaskan mining road
The Trump administration has approved a proposed 211-mile, industrial access road through Alaska’s Brooks Range to allow mining of copper, cobalt, gold and other minerals. The long-debated Ambler Road project was originally approved during President Trump’s first term but was later blocked by the Biden administration due to environmental concerns. Full story.
Read MoreRobe River JV invests millions to extend West Angelas
The Robe River Joint Venture, which comprises Rio Tinto (53%) and Japanese partners Mitsui Iron Ore (33%) and Nippon Steel (14%), has agreed to invest $733 million to develop the West Angelas sustaining project in Western Australia’s Pilbara region.
Read MoreIdeon, Rio Tinto ink global intelligence tech partnership
Subsurface intelligence group Ideon Technologies has formed a partnership with Rio Tinto to solve what the pair calls mining’s hardest problem: geological uncertainty.
Read MoreFreeport confirms missing miners dead
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.
Read MoreWeir partners with Viking Analytics to enhance digital offerings
Weir, a mining technology company, has entered into a strategic collaboration agreement with Viking Analytics, a Swedish-based company specializing in AI-powered vibration analysis and condition monitoring for smarter predictive maintenance.
Read MoreU.S. government obtains stake in Lithium Americas
U.S. Department of Energy (DOE) Secretary Chris Wright announced the Loan Programs Office has restructured its deal with Lithium Americas with support from General Motors. Full story.
Read MoreKincora regains Mongolian copper-gold portfolio
Kincora Copper has resecured the full rights of its Mongolian copper-gold portfolio following the withdrawal of Orbminco, formerly Woomera Mining, from a 2024 earn-in agreement as it shifts its focus to Australian gold exploration. The portfolio includes three extensive and underexplored copper-gold intrusive complexes at the Bronze Fox project, a year-round field camp and a proprietary Mongolia-wide project generation database.…
Read MoreABB to help modernize Renison mine’s hoist system
Bluestone Mines Tasmania Joint Venture has selected ABB to deliver a significant modernization of the main production hoist at the Renison mine – Australia’s largest tin mine. With the mine now operating at greater depths, hoist modernisation became essential to maintain reliability, maximise productivity and extend the life expectancy of critical machinery. The upgrade from ABB will replace a legacy…
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