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Category: Global News

FutureCoal adds Coaltech to fold

Miners News

FutureCoal has proudly welcomed The Coaltech Research Association NPC as a new associate member. As a leading research association, Coaltech drives innovation in South Africa’s coal industry, focusing on technology development that ensures competitiveness, sustainability, and safety. The collaboration aligns with FutureCoal’s Sustainable Coal Stewardship (SCS) philosophy, promoting advanced technologies and responsible practices throughout the global coal value chain. Together,…

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Caterpillar, IMA Engineering forge technology pact

Miners News

Caterpillar has entered a new alliance with IMA Engineering to enhance its own Precision Mining initiative. The teaming of the two companies will use cutting-edge technology to provide real-time, detailed information about ore, the raw material extracted in mining, which will help sites improve operational efficiency and accuracy. Cat Precision Mining is Caterpillar’s advanced vision to improve every step of…

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IME presents safety awards to member companies

Miners News

At its 2024 Annual Meeting and Awards Banquet, the Institute of Makers of Explosives (IME) recognized member companies with the Tricia Appleton Award for Safety which is the organization’s highest award given to those member companies with zero recordable safety incidents the previous year. At this year’s awards banquet, the Tricia Appleton Award for 2023 was given to six IME member companies,…

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Rio Tinto confirms Arcadium Lithium deal

Miners News

Rio Tinto has entered a definitive agreement to acquire Arcadium Lithium for $6.7 billion. The transaction, which will be implemented by way of a Jersey scheme of arrangement, is expected to close in mid-2025. “Acquiring Arcadium Lithium is a significant step forward in Rio Tinto’s long-term strategy, creating a world-class lithium business alongside our leading aluminum and copper operations to…

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Polydeck impacted by Helene, but remains operational

Miners News

Officials from plant asset supplier Polydeck have confirmed that it remains fully operational from its headquarters in Spartanburg, S.C., despite the impacts of the recent Hurricane Helene that struck America’s east coast. In a letter to its stakeholders and customers, the company said the storm have a heavy impact on the region’s transportation networks, supply chains, and many of its…

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India, U.S. sign critical mineral supply chain pact

Miners News

The Commerce and Trade Minister of India, Piyush Goyal, and U.S. Commerce Secretary Gina Raimondo signed their names to an agreement last week promising to cooperate on strengthening supply chains in the two countries for lithium, cobalt and other critical minerals. The Commerce Department said in a statement October 3 that the now-inked memorandum of understanding aims to build resilience…

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Rio Tinto eyes potential Arcadium takeover

Miners News

Rio Tinto said it has approached Arcadium Lithium about a potential acquisition. The approach is non-binding. Reuters noted that the deal would strengthen Rio’s rise to become one of the largest producers of lithium behind Albemarle and SQM. The news agency exclusively reported that Arcadium could be valued at $4-$6 billion or higher. Arcadium has extensive lithium reserves across four…

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Coeur Mining to acquire SilverCrest Metals

Miners News

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…

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Caterpillar, Trimble extend long-standing joint venture

Miners News

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…

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Komatsu to acquire mining optimization software developer

Miners News

To expand its artificial intelligence (AI) capabilities and help customers optimize their mining operations, Komatsu announced its intent to acquire Octodots Analytics, a Chile-based digital solutions provider. The announcement comes as the company debuts its new Modular ecosystem, a bold vision for the future of mine site optimization and data sharing, at MINExpo 2024 in Las Vegas. Building upon Komatsu’s industry-leading DISPATCH…

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