Czech-based investment group Sev.en Global Investments said it will acquire a 51% stake in Coronado Global Resources from the Energy & Minerals Group as it continues to expand its portfolio, reported Reuters.
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Epiroc, Newcrest deepen strategic partnership
Epiroc has signed a memorandum of understanding (MoU) with Newcrest on a collaboration that aims to take a holistic approach toward the entire mining process at several of the miner’s operations by utilizing Epiroc’s automation, digitalization and electrification solutions.
Read MoreNormet discontinues lift models
Normet, after more than two decades in production of more than 200 units, has ceased production of its Charmec 1610 B and 1614 B model boom lifts. The models’ successor, the MC 605 emulsion charger, has established itself well in the community with its ergonomic enclosed cabin, improved electrics and upgraded monitoring system. The final 1514 B was recently delivered…
Read MoreMetal mining contamination impacts millions: Global study
A study by researchers at the University of Lincoln, UK has found an estimated 23 million people are affected by potentially harmful concentrations of toxic waste from metal mining activity. Published in Science, the study offers a comprehensive understanding of the environmental and health challenges associated with metal mining activities. By using a new georeferenced global database of active and…
Read MoreSunrise Dam hosting trial for largest-ever BEV underground truck
An Australian operation is serving as the testing ground for the Sandvik TH665B, the largest battery-electric underground mining truck, thanks to a new three-party deal between the OEM, AngloGold Ashanti and Barminco. Full story.
Read MoreBoosting orebody knowledge with Minalyze takeover by Veracio
Veracio said it is “pioneering a transformative leap in geosciences” with its new binding agreement to acquire scanning and data group Minalyze in a US$29.3 million deal. With the takeover, Veracio said it will be combining its AI and advanced analytics solutions with Minalyze’s geological data visualization technology. Together, the benefits will transform how the industry captures, analyzes and interprets…
Read MoreNETL backs tech for nanomaterial from coal, waste
The National Energy Technology Laboratory (NETL) in the U.S. has confirmed it is supporting the advancement of a technology that can turn coal and coal wastes into nanomaterial that is 2,000 times stronger than steel. The development is from international research company Universal Matter, the research facilities of which are in Houston, Texas, and the backing has come from the…
Read MoreIndonesia seeks critical minerals deal with U.S.
Indonesia has requested trade talks with the United States to ensure that its exports of critical minerals are covered under the U.S. Inflation Reduction Act as it seeks to become a major EV manufacturer, reported Reuters. Under guidelines of the law, a certain amount of critical minerals in electric vehicle (EV) batteries are required to be produced or assembled in…
Read MoreICMM provides direction on Scope 3 emissions disclosure
ICMM has published “Scope 3 Emissions Accounting and Reporting Guidance,” which provides a standardized framework for mining and metals companies to calculate and disclose their value chain emissions. The Guidance was developed with support from experts on Scope 3 from ICMM’s membership, and in consultation with investors and standard owners. It aims to improve transparency and accelerate collaborative action with…
Read MoreTata Steel, ABB team up on sustainable steel production
Photo: ABB India-based steelmaker Tata Steel has signed a memorandum of understanding (MoU) with ABB to co-create innovative models and technologies to help reduce the carbon footprint of steel production. The two companies will focus on system-level assessments of Tata Steel’s manufacturing plants and production facilities for evaluation and co-development of short and long-term options for energy efficiency, decarbonization and…
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