Southern Cross Gold said it is acquiring multiple properties directly surrounding its Sunday Creek project, 60 kilometres north of Melbourne, Australia. The company is acquiring two residential holdings for A$1.9 million, and has also entered into a Share Swap Agreement to acquire all the shares in Sparr Nominees Pty. Sparr holds substantial agricultural properties near Sunday Creek and approximately $18.75…
Read More
Metso has signed a contract with Beijing Shougang International Engineering Technology (BSIET) for the delivery of a traveling grate pelletizing plant for Ruifeng Iron and Steel Group in Tangshan, Hebei province, China. “We are delighted to support Ruifeng in achieving their decarbonization targets with our advanced technology. The increasing interest in our compact-sized pellet plants in China is very encouraging,”…
Read More
U.S.-based Coeur Mining has entered into a definitive agreement to acquire North American peer SilverCrest Metals, adding the Las Chispas underground mine in Sonora, Mexico, to its portfolio. Under the terms of the agreement, a wholly-owned subsidiary of Coeur will acquire all of the issued and outstanding shares of SilverCrest pursuant to a court-approved plan of arrangement. The transaction is…
Read More
Caterpillar Inc. and Trimble announced the extension of their long-standing joint venture. The agreement includes expanded distribution of grade control solutions in the construction sector to accelerate innovation and customer adoption. Since 2002, the Caterpillar Trimble Control Technologies (CTCT) joint venture has led the industry in grade control solutions, delivering products that contribute to jobsite safety and productivity. The renewed agreement will…
Read More
XCMG Machinery has delivered a batch of electric autonomous mining trucks – the ZNK95 Intelligent Mining Dump Truck – to an undisclosed open pit mine in Inner-Mongolia. The operation aims to deploy 300 units by 2026, leading to a reduction of 149,000 tons of carbon emissions and 47,000 tons of diesel consumption. The ZNK95 utilises vehicle, cloud and network collaborative…
Read More
Century-plus-year-old Kohler Energy has officially rebranded under a new corporate name, Rehlko. Under the rebranding, announced September 17, Rehlko will continue operating as an independent enterprise. The company became a stand-alone entity in May 2024 when Platinum Equity completed a transaction with Kohler Company to establish then-Kohler Energy as a standalone business. Platinum Equity is the majority owner of Rehlko…
Read More
It’s been 50 years since workers began building heavy construction equipment at a plant in Shippensburg, Pa. Back then, the site was owned by Ingersoll-Rand and employed about 50 people. Today, it’s the North American headquarters of Volvo Construction Equipment and employs more than 650 people. Full story.
Read More
Endeavour Mining has achieved commercial production at both its Sabodala-Massawa BIOX expansion in Senegal and at its Lafigué mine in Côte d’Ivoire, effective as of 1 August. Both projects have been completed on budget and on schedule, with the full ramp up to nameplate capacity underway. “The completion of this phase of growth is a significant milestone for Endeavour,” said…
Read More
Integrated Power Services (IPS), which specializes in the servicing, engineering and remanufacturing of electrical, mechanical, and power management assets, has finalized the acquisition of ABB’s Industrial Services business for an undisclosed amount, effective August 31. The business includes a U.S. and Canadian service shop network with locations in Tucson, Ariz.; Evansville, Ind.; Charlotte, N.C.; Edmonton, Alberta, Canada; and Burlington, Ontario,…
Read More
West Virginia coal preparation engineering group The Daniels Company has tapped John Casey II as its chief operating officer, effective October 1. Casey brings over 28 years of experience in the coal and mineral processing sectors, having held various roles at Tabor Machine/Elgin Separation Solutions, ranging from engineering to management. Since 2015, he has served as vice president of sales…
Read More