Komatsu, through its wholly owned subsidiary in the United States, Komatsu America Corp., has agreed to acquire American Battery Solutions Inc. (ABS), a battery manufacturer headquartered in Detroit. U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023, on the condition that all necessary procedures for the closing are completed. The immediate impact on Komatsu’s consolidated business results…
Read More
Freeport-McMoRan’s Bagdad operation in Arizona will become the first copper mine in the United States to implement a fully autonomous haulage system (AHS). The miner will convert its fleet of 33 Cat 793 haul trucks using Cat MineStar Command for hauling. Full story.
Read More
Assay services provider MSALABS has forged a partnership with Barrick Gold and Chrysos to deliver the latter’s PhotonAssay technology to Barrick mine sites across four continents. The partnership will commence with the deployment of three PhotonAssay units to the Nevada Gold Mines complex in the United States.
Read More
Polymetallic producer Buenaventura, owner of the San Gabriel underground gold mine in Peru, said in its earnings report this week the mine will be a heavy focus for it in the coming year in terms of capital spending. In the company’s third-quarter and nine-month 2023 report, Buenaventura said its 9M23 consolidated copper production increased 35% year-on-year; zinc production decreased by…
Read More
Dyno Nobel and Fortescue have agreed on a long-term extension of their supply agreement, which will see Dyno Nobel continue supplying its explosive products and services to Fortescue’s Pilbara mining operations.
Read More
In another bid to control critical mineral supply, top graphite producer and exporter China said it will require export permits for some graphite products to protect national security, reported Reuters. It has already imposed similar restrictions on gallium and germanium since 1 August. Full story.
Read More
Artemis Gold said its Blackwater project in central British Columbia, Canada, remains fully funded and on schedule for first gold pour in the second half of next year despite construction activity being reduced at the beginning of the quarter due to an uncontrolled wildfire. Full story.
Read More
Canadian-based Ero Copper has released the newest update of progress at its Tucumã project in Brazil, confirming that it is over 70% complete and on track for first copper production later next year. Reporting “excellent progress” at the site in Para state, officials said the planned mine’s capex is in line with its current guidance of approximately $305 million. Crews…
Read More
After 60 years of copper mining, Glencore said it will close the Mount Isa Mines’ underground copper operations (Enterprise, X41 and Black Rock) and copper concentrator in the second half of 2025. Full story.
Read More
BHP has reached a preliminary deal with the supervisors’ union at its Escondida operation in Chile, avoiding a strike at the world’s largest producer of copper concentrates and cathodes, reported Reuters.
Read More