Victory Metals and Curtin University have formed a strategic partnership to accelerate the development of Victory’s North Stanmore heavy rare earth (HREE) and strategic defence metal project in Western Australia. “Victory, Curtin and the Resources Technology and Critical Minerals Trailblazer [initiative] create an unbeatable industry-academia powerhouse,” said Victory Metals Chief Executive Officer and Executive Director Brendan Clark. “This partnership delivers…
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Faraday Copper in talks for BHP mine in Arizona
Faraday Copper and a BHP subsidiary have signed a non-binding letter of intent to explore a potential transaction whereby Faraday would acquire BHP’s San Manuel property in Arizona. Full story.
Read MoreNSW had record mining jobs in FY2025: Minerals Council
NSW Minerals Council CEO Stephen Galilee has confirmed, via the group’s annual member expenditure survey, that 29 participating NSW mining companies in the last financial year supported record levels of mining jobs and near-record levels of direct spending in the Australian state.
Read MoreFortescue commissions B-E locos in Pilbara
In a move the company has called a Real Zero milestone, Fortescue confirmed it has commenced commissioning of two new battery-electric locomotives on its rail network for its Pilbara iron ore operations.
Read MoreSandvik acquiring ThoroughTec Simulation
Sandvik has signed an agreement to acquire South African-headquartered simulator and training company ThoroughTec Simulation in a deal with undisclosed terms.
Read MoreGreenbrier Minerals to close several WV operations
Greenbrier Minerals, a subsidiary of Coronado Global Resources, has announced plans to idle seven mining operations in southern West Virginia, eliminating 530 jobs, reported West Virginia MetroNews. Full story.
Read MoreCenturion mine longwall comes online
Peabody Energy announced last week that the longwall panel at its Centurion hard coking coal operation in Queensland’s Bowen Basin has commenced operation about two months ahead of its initial target date.
Read MoreRio Tinto, Glencore merger talks collapse
Rio Tinto has walked away from merger talks with Glencore, as the two miners couldn’t strike a deal that delivered sufficient value to shareholders, reported Reuters.
Read MoreEldorado Gold acquiring Foran
Canadian miner Eldorado Gold confirmed on February 2 that it has reached an agreement to acquire Foran Mining, in a deal that the two said will create strong copper growth in the near-term as well as significant cash flow generation, long‑life assets, and a diversified portfolio.
Read MoreHecla Mining sells Casa Berardi to Orezone Gold
Silver producer Hecla Mining has agreed to sell its subsidiary, Hecla Quebec, to Orezone Gold for up to $593 million in total consideration. Through the transaction, Orezone will acquire the operating Casa Berardi gold mine and a portfolio of exploration properties in Quebec. Full story.
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