Metso continues to strengthen its footprint and proximity to customers by investing in a new service center in Prince George, British Columbia – one of the emerging mining regions in Canada. Full story.
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Miner Rio2 said its Chilean subsidiary, Fenix Gold, has received the principal sectorial permits it requires to begin construction at its Fenix gold project in the Maricunga Gold Belt of the Atacama Region, Chile. “The team at both Rio2 and Fenix Gold have done a great job in obtaining these permits, which will allow the company to complete its debt…
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Southern Cross Gold said it is acquiring multiple properties directly surrounding its Sunday Creek project, 60 kilometres north of Melbourne, Australia. The company is acquiring two residential holdings for A$1.9 million, and has also entered into a Share Swap Agreement to acquire all the shares in Sparr Nominees Pty. Sparr holds substantial agricultural properties near Sunday Creek and approximately $18.75…
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Metso has signed a contract with Beijing Shougang International Engineering Technology (BSIET) for the delivery of a traveling grate pelletizing plant for Ruifeng Iron and Steel Group in Tangshan, Hebei province, China. “We are delighted to support Ruifeng in achieving their decarbonization targets with our advanced technology. The increasing interest in our compact-sized pellet plants in China is very encouraging,”…
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U.S.-based Coeur Mining has entered into a definitive agreement to acquire North American peer SilverCrest Metals, adding the Las Chispas underground mine in Sonora, Mexico, to its portfolio. Under the terms of the agreement, a wholly-owned subsidiary of Coeur will acquire all of the issued and outstanding shares of SilverCrest pursuant to a court-approved plan of arrangement. The transaction is…
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Caterpillar Inc. and Trimble announced the extension of their long-standing joint venture. The agreement includes expanded distribution of grade control solutions in the construction sector to accelerate innovation and customer adoption. Since 2002, the Caterpillar Trimble Control Technologies (CTCT) joint venture has led the industry in grade control solutions, delivering products that contribute to jobsite safety and productivity. The renewed agreement will…
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XCMG Machinery has delivered a batch of electric autonomous mining trucks – the ZNK95 Intelligent Mining Dump Truck – to an undisclosed open pit mine in Inner-Mongolia. The operation aims to deploy 300 units by 2026, leading to a reduction of 149,000 tons of carbon emissions and 47,000 tons of diesel consumption. The ZNK95 utilises vehicle, cloud and network collaborative…
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Century-plus-year-old Kohler Energy has officially rebranded under a new corporate name, Rehlko. Under the rebranding, announced September 17, Rehlko will continue operating as an independent enterprise. The company became a stand-alone entity in May 2024 when Platinum Equity completed a transaction with Kohler Company to establish then-Kohler Energy as a standalone business. Platinum Equity is the majority owner of Rehlko…
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It’s been 50 years since workers began building heavy construction equipment at a plant in Shippensburg, Pa. Back then, the site was owned by Ingersoll-Rand and employed about 50 people. Today, it’s the North American headquarters of Volvo Construction Equipment and employs more than 650 people. Full story.
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Endeavour Mining has achieved commercial production at both its Sabodala-Massawa BIOX expansion in Senegal and at its Lafigué mine in Côte d’Ivoire, effective as of 1 August. Both projects have been completed on budget and on schedule, with the full ramp up to nameplate capacity underway. “The completion of this phase of growth is a significant milestone for Endeavour,” said…
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