Polymetals Resources said concentrate production is underway at its Endeavor silver-zinc mine in New South Wales. First shipments of zinc concentrate are planned for early July with silver-lead concentrate to follow. “Bringing the substantial Endeavor mine back to life over these past nine months at modest cost has been both challenging and rewarding for all involved,” said Polymetals Executive Chairman…
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Bowen Coking Coal announced that its flagship Burton Mine Complex in Queensland will transition to an owner-operator model upon expiration of an existing mining services agreement with BUMA Australia on 30 June 2025.
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Volvo Construction Equipment (Volvo CE) said it is making a strategic investment in crawler excavator production at three key sites in South Korea, the United States and Sweden to meet growing customer demands, mitigate supply chain risks and reduce reliance on long-distance logistics.
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A study co-led by the University of Michigan says copper needs to cost about twice as much as it currently does to incentivize companies to develop new mines. It found that the copper needed even just to sustain typical economic and population growth far exceeds the amount of copper currently mined.
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US Critical Materials and Idaho National Laboratory have entered into a Phase II Cooperative Research and Development Agreement (CRADA) to establish a pilot-scale processing plant capable of producing rare earths domestically. Read the full story here.
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The board of directors for Oyu Tolgoi LLC has approved development work at the Mongolian copper mine to commence under an alternative plan, while engagement continues with Entrée Resources and the government on the transfer of licences to allow mining in a joint venture area.
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Canadian miners Hudbay Minerals and SSR Mining have temporarily suspended operations in Western Canada as an outbreak of fires spread across the region’s north. Read the full story here.
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Rio Tinto and the Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation have signed a co-management agreement for the iron ore operations on PKKP Country. It formalises how the miner and Traditional Owners engage on proposals affecting heritage and social surroundings throughout the mine lifecycle. “The destruction of the Juukan Gorge rock shelters on the 24th of May 2020 brought…
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Hexagon’s Mining division is taking an exciting step forward in AI-based drill automation with the purchase of Drill Assist from Arizona-based Phoenix Drill Control LLC. The Drill Assist technology developed by Phoenix Drill Control uses artificial intelligence to continually optimize the drilling process, resulting in improved penetration rates, greater machine availability and reliable downhole data. Hexagon EVP, Mining, Dave Goddard…
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The Tasmanian government has issued a $7.5 million loan to Group 6 Metals for its struggling Dolphin tungsten mine on King Island, reported ABC News. This dovetails the government recently acquiring 12% of the company’s shares after Group 6 couldn’t repay a previous loan. A government spokesperson said the new loan was approved because the mine is “critical” for regional…
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