Women in Mining UK’s biennial list and publication of WIM100 “100 Global Inspirational Women in Mining” has been released for 2024. The 100 winners were selected from 570 individual nominations, and were the culmination of six months of evaluations and shortlisting. They are from 41 different countries in 2024, up from 40 in 2022 and 32 in 2020. When the…
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Sandvik completes acquisition of Universal Field Robots
Sandvik has completed its previously announced acquisition of Universal Field Robots (UFR). The newly added company, an Australia-based provider of autonomous interoperable solutions for the surface mining and underground mining markets, will be reported in Digital Mining Technologies, a division within the Sandvik Mining and Rock Solutions business area. UFR has approximately 40 employees and is headquartered in Brisbane. The…
Read MoreChina bans export of critical minerals to U.S.
The Chinese Commerce Ministry announced a ban on exports of gallium, germanium, antimony and other key high-tech materials to the United States, effective immediately, in response to recent chip sanctions, reported The Associated Press. In its latest move, the U.S. Commerce Department added 140 companies to a so-called “entity list” subject to strict export controls on computer chip-making equipment, software…
Read MoreMotion acquires ICR
Motion Industries Inc. has signed a definitive purchase agreement to acquire the operating assets of U.S.-based International Conveyor and Rubber (ICR). The transaction is expected to close at the end of December 2024, subject to customary closing conditions. ICR services commercial and industrial customers in the eastern United States. Headquartered in Blairsville, Pa., the company has seven locations, offering sales,…
Read MoreHexagon forges ahead with autonomy, acquires indurad
Hexagon recently announced the acquisition of indurad, a global leader in radar and real-time location systems (RTLS) technologies, along with its autonomous haulage subsidiary, xtonomy. This strategic move, the financial details of which were not disclosed, is proof of Hexagon’s commitment to advancing mine productivity, safety, and autonomy through cutting-edge technology, it said. It also gives it the benefits of enhanced…
Read MorePeabody purchases Australian coal mines from Anglo American
Anglo American has agreed to sell its portfolio of steelmaking coal mines that it operates in Australia to Peabody Energy for a cash consideration of up to US$3.775 billion. The acquisition includes four metallurgical coal mines – Moranbah North, Grosvenor, Aquila, and Capcoal – located in the Bowen Basin. It is expected to transform Peabody’s metallurgical coal segment, increasing production…
Read MorePiedmont Lithium, Sayona Mining to merge
Piedmont Lithium and Sayona Mining have signed a definitive agreement to combine the two companies and create a leading North American lithium business. Sayona will be the ultimate parent entity. “This merger combines two complementary businesses and will create a larger and stronger company. MergeCo will be North America’s largest lithium producer and will have an attractive growth profile with…
Read MoreResolute Mining CEO held in Mali amid tax dispute
Photo: Resolute Mining Resolute Mining CEO Terry Holohan and two other colleagues are being held in Bamako, Mali, as the military-led government presses the Australian-based company to pay back taxes on its Syama gold mine, reported Business Insider Africa. The government insists that Resolute allegedly owes 100 billion CFA francs ($162 million) in taxes identified in a sector-wide audit, according…
Read MoreCodelco partners with Toyota, Mitsui to reduce emissions
Chile’s state-run Codelco has signed an agreement with local units of Japan’s Toyota and Mitsui to explore mobilization options to reduce emissions at its operations, reported Reuters. The news agency said the world’s largest copper producer has been seeking to improve its productivity and reduce emissions amid increased customer demand. “The project contemplates the intention of sharing knowledge, conducting studies…
Read MoreH-E Parts acquires Brake Supply’s mining remanufacturing business
Hitachi Construction Machinery subsidiary H-E Parts International reached an asset purchase agreement with Brake Supply on November 1 for its mining machinery component remanufacturing business. Through the acquisition, which is expected to be completed in early December, H-E Parts will utilize Brake Supply’s North American remanufacturing bases, parts warehouses, and human resources, thereby strengthening the structure of the remanufacturing business…
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