In a move to combine two of the top senior gold producers, U.S.-based Newmont has submitted a non-binding proposal to acquire 100% of the issued share capital of Australian peer Newcrest Mining by way of a scheme of arrangement. If successful, it would be the largest mining takeover and the third-largest corporate buyout in Australian history, according to Refinitiv data.…
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Salt Lake City-based private rare earth developer U.S. Critical Materials has revealed it has discovered a billion-dollar “game-changer” for the industry in Montana: the highest-grade REE deposit in the United States. Full story.
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Metso Outotec has announced an expansion to its filter assembly plant in Suzhou, China, citing a rise in global market demand. Full story.
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Papua New Guinea-focused miner Ok Tedi (OTML) has graduated its newest classes from its graduate development scheme (GDS) and preferred area development (PAD) programs. Full story.
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Barrick said Kibali, Africa’s largest gold mine, is on track to replace its reserves beyond the ounces depleted by mining in the prior year, while new growth opportunities will support its 10-year-plus mine plan. Mark Bristow, Barrick president and chief executive, said Kibali’s orebody was continuing to deliver additional value with current drilling focused on converting resources into reserves and…
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Peruvian miner Buenaventura has reported the suspension of operations at its Julcani mine after protesters entered and destroyed part of its facilities. Officials said in a statement to Reuters that, as just the latest miner to be impacted by ongoing and widespread protest activities against the government, the silver mine has been vandalized. The miner did not indicate the specific…
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Canadian miner Lithium Americas has confirmed a favorable ruling from the U.S. District Court for the issuance of a Record of Decision (ROD) for the Thacker Pass operation in Nevada. Full story.
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Australia’s biggest coal exporting state is set to finalise an order that will require all miners to save up to 10% of their production for domestic supply, as part of efforts to curb soaring energy costs, reported Reuters. Full story.
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Caren Hoffman has been appointed to lead the global mining solutions business for BASF, effective January 1. The move is intended to focus the group on the development and marketing of innovative chemistries and digital applications that offer sustainable solutions for the mineral processing industry. “My goal is to increase awareness about what our innovative chemistry, coupled with our scientific…
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California technology provider GroundHog has launched its newest application, GroundHog Construction Crews, designed specifically for construction crews working in underground mines.
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