Australian and American companies VERIDAPT and FUELHUB have formed a new global alliance to deliver digitally advanced fuel management and reconciliation solutions to the North American mining sector, as well as for rail, agriculture, and commercial transportation.
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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.
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Family-owned BEUMER Group said it is celebrating its 90th anniversary, all while also reporting that 2024 was the most successful financial year in its history thanks to its innovations and partnerships. The company said its order intake for all of least year was 1.39 billion euros, which it attributed to a long-term independent strategy that it has scaled globally. “Rather…
Read MoreThe shareholders of Anglo American and Teck have approved the proposed merger of equals to form Anglo Teck. The vote was held at a special meeting, and Anglo American CEO Duncan Wanblad said the plan received “strong support” from shareholders and stakeholders alike. “Today marks a major milestone towards forming Anglo Teck – a global critical minerals champion, headquartered in…
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IMDEX confirmed January 12 it will wholly acquire Advanced Logic Technology and its subsidiary, Mount Sopris Instruments. The milestone marks a significant extension of IMDEX’s global leadership in subsurface data, which will create the industry’s most advanced subsurface intelligence system. ALT, headquartered in Luxembourg, is the global leader in high-performance downhole rock property sensor systems and geoscience data processing software.…
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Israel-headquartered predictive maintenance firm Odysight.ai has confirmed it successfully wrapped up a proof of concept (POC) project in the global mine truck segment alongside a major international automotive OEM. Together with the undisclosed partner, Odysight.ai said its solution was installed on an 8×4 heavy-duty mine truck chassis, which was also fully integrated into the vehicle’s structural framework to enable continuous…
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Hitachi Construction Machinery Co., Ltd. has made a minority strategic investment in mobile mining equipment analytics group Rithmik Solutions under the latter’s current financing round. The investment, the specifics of which were not disclosed, is “a significant milestone” for the collaboration between the two, Hitachi officials said. Together, the companies aim to advance the next generation of smart mining by…
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Weir launched a new report, “Untapped: Mining’s Opportunity To Unlock Value Through Strategic Water Management And Innovative Technology.” The report highlights the critical role of water in mining and sets out a strategic vision for elevating water stewardship across the industry. As the world accelerates towards a low-carbon future, demand for metals and minerals is surging. Yet, mining operations are…
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The board of directors for Barrick Mining has raised the possibility of splitting the company into two separate entities, one focused on North America and the other on Africa and Asia, according to Reuters sources. A split could also include the outright sale of Barrick’s African assets as well as of the Reko Diq mine in Pakistan, once it has…
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Rio Tinto has signed a joint development agreement (JDA) with Australian environmental technology company Calix to support the construction of Calix’s Zero Emissions Steel Technology, or Zesty, demonstration plant in Western Australia. The move, which could enable Pilbara iron ores to be used in lower-emissions steel making, will be located at a site in Kwinana, south of Perth. That property…
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