Heavy-duty centrifugal slurry pumps manufacturer and designer KSB GIW Inc. acquired a significant stake of shares in AIMS/PIP360, an electronics designer and specialist in ultrasonic sensors and analysis. Full story.
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Equinox’s Greenstone to ramp up mining, processing
Equinox Gold said it made substantial advancement in establishing the footprint of the first phase of the Greenstone gold mine’s open pit in Ontario, Canada. Full story.
Read MoreGM to help Lithium Americas unlock Thacker Pass
Lithium Americas and General Motors have entered into a new investment agreement, which establishes a joint venture to bring the Thacker Pass lithium mine in Humboldt County, Nev., on line. Full story.
Read MoreOrica introduces AXIS Connect
Orica Digital Solutions has launched its AXIS Connect system, an open, secure and integrated platform that can connect drillers’ measurements with geologists in need of simple, reliable and efficient data. AXIS Connect can serve as a source for directional survey data, fostering confidence between drillers and geologists by delivering reliable data precisely when needed. The software simplifies drilling operations, minimizing…
Read MoreAtlantic Lithium granted operating permit for Ewoyaa
Australian-based and African-focused miner Atlantic Lithium, which has been targeting the delivery of Ghana’s first lithium mine, has received the asset’s mine operating permit. Company officials said the Minerals Commission of Ghana issued the permit for the flagship Ewoyaa lithium project; the MOP is the final regulatory approval required in order to commence construction. The project is comprised of the…
Read MoreGunmen kill 21 Pakistani coal miners
Dozens of armed attackers stormed a cluster of small private coal mines in the mineral-rich province of Balochistan in southwestern Pakistan on 10 October, killing at least 21 and injuring six, reported Reuters. “The armed terrorists remained for around 1-1/2 hours in the mining area,” regional police official Asif Shafi told Reuters. “They fired rockets and hurled grenades at the…
Read MoreMoxico to gain majority interest in Latin Metals’ Argentina projects
Latin Metals has entered into a binding letter agreement with Atlantic Metals, a wholly owned subsidiary of Moxico Resources, a private copper miner. Under the terms of the agreement, Latin Metals granted to Moxico the option to earn a 75% interest in its Esperanza and Huachi copper exploration projects in San Juan Province, Argentina, through staged cash payments in the…
Read MoreKomatsu to upgrade Peoria operations
OEM Komatsu said it will be enhancing its presence in Peoria, Ill., with the construction of a new office building that will include collaborative spaces for engineering, sales, manufacturing, management and other functions. Full story.
Read MoreNewmont offloads Akyem project to Zijin
Newmont said it will sell its Akyem operation in the Republic of Ghana to China’s Zijin Mining Group under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont’s ongoing program to divest non-core assets as the miner makes a strategic shift to focus on its Tier 1 assets. The transaction is expected…
Read MoreRio Tinto confirms Arcadium Lithium deal
Rio Tinto has entered a definitive agreement to acquire Arcadium Lithium for $6.7 billion. The transaction, which will be implemented by way of a Jersey scheme of arrangement, is expected to close in mid-2025. “Acquiring Arcadium Lithium is a significant step forward in Rio Tinto’s long-term strategy, creating a world-class lithium business alongside our leading aluminum and copper operations to…
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