BHP, XCMG team for global supply chain resilience

BHP said it is partnering with XCMG Mining Equipment for the delivery of mining fleet solutions across its global operations. Under a new Global Agreement Framework, BHP and XCMG will collaborate on the planning and deployment of mining equipment aligned to its technical, safety and sustainability standards. This includes pathways for joint engineering engagement, localisation of support services, and alignment…

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Weir expands NA footprint with Townley deal

Global mining technology provider Weir has entered into a binding agreement to acquire U.S.-based Townley Engineering and Manufacturing Co. and Townley Foundry & Machine Co. for US$150 million. The deal will strengthen Weir’s market channels and manufacturing footprint in North America, including in the phosphate market. Townley, a provider of mining wear and abrasion solutions, has a foundry and urethane…

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Bunting Magnetics mourns the passing of Bob Bunting

Robert (Bob) Bunting, chairman of Bunting Magnetics and a key figure in the company’s growth into a global supplier and manufacturer of magnetic solutions, died June 17, surrounded by family. He was 76. His father, Walter Bunting, founded the company in 1959. Bob led the company for nearly three decades, overseeing its expansion into international markets and the diversification of…

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Epiroc unlocks economic, environmental sustainability 

Epiroc, a productivity and sustainability partner for the mining and construction industries, has launched a circular solutions portfolio within its Parts & Services divisions. With over 4,000 service technicians and more than 75 workshops worldwide, Epiroc is uniquely positioned to support customers globally with circular solutions. Epiroc consolidates decades of expertise working with maintenance, service and repair to increase the…

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FLSmidth sells historic corporate headquarters

FLSmidth has entered into a share purchase agreement with Nrep and AG Gruppen to sell the land and buildings located at its corporate headquarters in Valby, Denmark, for DKK 730 million. The company has been based at Vigerslev Allé since 1899. Since 1956, the iconic red-brick buildings, designed by architect Palle Suenson, have served as home to the global business. …

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Dundee Precious Metals gains Vareš mine in Adriatic deal

Canadian miner Dundee Precious Metals has agreed to purchase UK-based Adriatic Metals for US$1.3 billion, adding the underground Vareš silver operation in Bosnia and Herzegovina to its portfolio. “Vareš is a logical fit with our portfolio, as it significantly increases DPM’s mine life while adding near-term production growth, a highly prospective land package, and cash flow diversification,” said David Rae,…

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Resolution Minerals enters U.S. critical minerals market

Australian mineral exploration company Resolution Minerals has entered into a binding agreement to acquire the Horse Heaven project in central Idaho. It hosts two highly prospective gold-antimony-tungsten prospects known as the Antimony Ridge and the Golden Gate fault zones. Under the terms of the agreement, Resolution Minerals will pay an aggregate cash payment of $1,000,000 and issue an aggregate of…

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