Glencore said it will not spin off its coal business after securing backing from the majority of its investors, according to Reuters. The miner had been debating on whether to keep the coal assets or spin them off after it purchased the majority of Teck Resources’ steelmaking coal business last month. Retaining the coal assets “offers the lowest risk pathway…
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ICMM has released a report that benchmarks the 2023 safety performance of its members. Tragically, 36 people from company members lost their lives last year – an increase from 33 in 2022. “There is no higher priority for ICMM members than keeping people safe and healthy at work, and this report is a stark reminder of the work ahead of…
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American Industrial Partners (AIP) has acquired the sulfuric acid regeneration business of Veolia North America, including its sulfuric acid and potassium hydroxide regeneration, sulfur gas recovery, and sulfur-based products production businesses.
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Westgold Resources and Karora Resources have merged to create a leading mid-tier gold producer operating exclusively in Western Australia with a pro forma market capitalization of A$2.5 billion. “Today marks the next phase of Westgold’s evolution into a larger, unhedged and well-funded Australian gold producer,” said Westgold Managing Director and CEO Wayne Bramwell. “Our value proposition is significantly enhanced with…
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The Copper Mark has reached a major milestone: 100 participating sites. Molymex, a molybdenum roaster in México, is the latest active participant of the framework demonstrating its growth and expansion into other metals and along the value chain. “We are proud of this significant milestone for The Copper Mark. Our framework supports sites in demonstrating their ESG performance and committing…
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Motion Industries Inc., a distributor of maintenance, repair and operation replacement parts, and a provider of industrial technology solutions, announced its commitment to Partnership Accreditation in Indigenous Relations (PAIR), a program of the Canadian Council for Indigenous Business (CCIB). Originally established in 2001, the PAIR program includes an online management and reporting tool that supports participating companies’ efforts toward progressive…
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Zenith Energy has entered an agreement with Lynas Rare Earths to design, build, own, operate and maintain a hybrid power station at Lynas’ Mt Weld mine in Western Australia. The total installed capacity of the Mt Weld power station upon completion will be approximately 65 megawatts. The Mt Weld hybrid power station will include a 24-MW wind farm (four wind…
Read MoreMining drill services company Major Drilling Group has inked a new partnership with premier downhole technology company DGI Geoscience and its affiliate company, artificial intelligence-powered core logging tech innovator KORE GeoSystems. This strategic partnership positions Major Drilling at the forefront of AI advancements in the drilling industry, and the combination of Major Drilling’s fleet, skilled drilling teams and its TrailBlazer…
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U.S.-based Goodyear Tire & Rubber Co. has signed a definitive agreement to sell its off-the-road (OTR) tire business to the Yokohama Rubber Co. for $905 million in cash. The transaction follows a previously announced strategic review of the OTR tire business in connection with the Goodyear Forward transformation plan.
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Tsurumi Pump, a pioneering pump manufacturer founded in 1924 in Osaka, Japan, is proud to celebrate its 100th anniversary this year. The company has focused on technical excellence since its inception as an equipment manufacturer, gaining recognition across Asia and expanding to the United States and Europe.
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