U.S. President Donald Trump and Australian Prime Minister Anthony Albanese have signed a critical minerals agreement, which they described as “an $8.5 billion deal between allies,” aimed at curbing China’s dominance of rare earths resources. The Associated Press reported that China announced earlier this month that foreign companies must get approval from its government to export magnets containing even trace…
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Gold and silver producer McEwen and Canadian Gold Corp. have entered into a definitive agreement, under which McEwen will acquire all of the issued and outstanding common shares of the Canadian-based exploration company through a statutory plan of arrangement. Full story.
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Australia-based TerraCom has confirmed that the life of its flagship Blair Athol coal mine in Queensland has been extended to 2033, following an updated JORC Code Resource and Reserve assessment. “Blair Athol continues to demonstrate its strength as a long life, low cost and reliable operation, and remains a cornerstone asset for TerraCom. The 2025 JORC Code update reaffirms the…
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Following a constructive six-week due diligence period, Caterpillar and RPMGlobal have now signed a binding Scheme Implementation Deed. The agreement formalizes the terms under which Caterpillar will acquire RPM via a scheme of arrangement. “RPMGlobal’s culture and agile approach to developing solutions aligns well with Caterpillar’s intense focus on solving customer needs,” said Denise Johnson, group president, Caterpillar Resource Industries. …
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Global technology provider ABB and Swedish mining and minerals group LKAB have signed a memorandum of understanding (MoU) to form a strategic technology partnership to accelerate automation, electrification and digitalization in mining. The partnership will focus on some of the biggest shifts in the mining industry’s journey to the all-electric, automated and digitalized mine, enhancing safety, sustainability and productivity. ABB…
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The Trump administration has approved a proposed 211-mile, industrial access road through Alaska’s Brooks Range to allow mining of copper, cobalt, gold and other minerals. The long-debated Ambler Road project was originally approved during President Trump’s first term but was later blocked by the Biden administration due to environmental concerns. Full story.
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The Robe River Joint Venture, which comprises Rio Tinto (53%) and Japanese partners Mitsui Iron Ore (33%) and Nippon Steel (14%), has agreed to invest $733 million to develop the West Angelas sustaining project in Western Australia’s Pilbara region.
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Subsurface intelligence group Ideon Technologies has formed a partnership with Rio Tinto to solve what the pair calls mining’s hardest problem: geological uncertainty.
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Freeport-McMoRan said the remaining five workers who were missing following the September 8 mud-rush disaster at the Grasberg Block Cave mine in Indonesia have been found deceased. This follows the discovery of two bodies on September 20.
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Weir, a mining technology company, has entered into a strategic collaboration agreement with Viking Analytics, a Swedish-based company specializing in AI-powered vibration analysis and condition monitoring for smarter predictive maintenance.
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