The mining division of Hexagon will soon be granted access to a real-world underground environment for technology testing, thanks to a new partnership inked with Montana Technological University.
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Jiangxi Copper takes over SolGold in billion-dollar deal
Gold and copper miner SolGold has agreed to be acquired by its largest shareholder, Jiangxi Copper, in a deal that values the Ecuador-focused miner at 867 million pounds ($1.17 billion). This was Jiangxi’s third proposal to acquire SolGold.
Read MoreArizona Sonoran signals end to Cactus project JV
Arizona Sonoran Copper Co. and Nuton, a Rio Tinto venture, have mutually agreed to commence discussions in January regarding an amicable early termination of the option to joint venture on the Cactus copper project in Arizona.
Read MoreVermeerOne mobile app now available
Vermeer has launched the VermeerOne mobile app for iOS and Android devices, extending comprehensive equipment management to smartphones and tablets. Users can access operator manuals and warranty information, track fleets and performance metrics, and connect with dealers anywhere.
Read MoreMonadelphous secures contract for Brockman mine hub
Engineering company Monadelphous Group has won a major construction contract with Rio Tinto associated with the Brockman Syncline 1 mine project, located within the Brockman mine hub in the West Pilbara.
Read MoreBEUMER opens new production hub in India
BEUMER Group has officially inaugurated a new manufacturing facility at Reliance’s Model Economic Township (MET City) in Jhajjar, Haryana, India, on 12 December. The high-tech plant is set to significantly enhance the company’s global production capabilities and long-term presence in the region. “This expansion reflects BEUMER Group’s strategic focus and commitment to long-term success in India. The new production site…
Read MoreNioCorp to begin Mine Portal project at Elk Creek
Critical minerals developer NioCorp Developments Ltd. said its board of directors has approved the company’s Mine Portal project, a major initiative to advance the Elk Creek critical minerals project in Nebraska. Full story.
Read MoreMulberry, Ramaco to bolster domestic RE supply
Permanent magnet manufacturer Mulberry Industries and miner Ramaco Resources have entered into a non-binding memorandum of understanding to negotiate an offtake partnership that will bolster America’s domestic rare earth and permanent magnet supply chain. Full story.
Read MoreWestgold recommences reef mining at Great Fingall
Westgold Resources has successfully fired the first high-grade stope at its iconic Great Fingall mine in Western Australia, now accessing virgin areas of the famous gold reef last mined more than a century ago. “The recommencement of stoping at Great Fingall is a proud achievement for all at Westgold and the Western Australian underground mining community,” said Westgold Managing Director…
Read MoreIndonesia fines 22 mining companies
An Indonesian government task force has ordered dozens of companies in mining and palm oil cultivation to pay fines totalling 38.62 trillion rupiah (US$2.31 billion) for operating illegally in forest areas, reported Reuters. President Prabowo Subianto’s forestry task force has seized 3.7 million hectares of plantations and more than 5,300 hectares of mining operations, with a target to reach 4…
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