Burgundy Diamond Mines has decided to temporarily suspend open pit mining at its Point Lake operation, one of two active sites at its Ekati diamond mine in the Northwest Territories of Canada. The miner said the operation had become “sub-economic” due to a weak diamond market. Full story.
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South Korean steelmaker POSCO Holdings has signed a memorandum of understanding with Anson Resources to establish and operate a demonstration plant to validate its direct lithium extraction (DLE) technology. Full story.
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Hudbay Minerals has enabled a controlled, safe and orderly temporary suspension of operations at Snow Lake following a mandatory wildfire evacuation order for the area in northern Manitoba. Full story.
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Canadian miner Blue Lagoon Resources held an official opening of its Dome Mountain gold project on July 9 with guests from across the country and abroad. The project recently secured its mining permit, one of only nine granted in British Columbia in the past decade. Full story.
Read MoreThe Mine Safety and Health Administration (MSHA) notes that blasting is an essential part of many mining operations, but also carries significant risks. Every stage of the blasting process – from storage and transportation to detonation – requires strict adherence to safety practices to prevent accidents and injuries. Full story.
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MP Materials has entered into a transformational public-private partnership with the United States Department of Defense to dramatically accelerate the build-out of an end-to-end U.S. rare earth magnet supply chain and reduce foreign dependency. Full Story.
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Maintenance, repair and operation replacement parts, and industrial solutions provider Motion Industries Inc., announced the opening of a new sales branch in Quebec, Canada. The new facility, located at 2903 7th Street, Val-d’Or, officially opened on June 2. This strategic location strengthens the company’s ability to better serve and expand its customer base in Northern Quebec. Full Story.
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Core Natural Resources continues ongoing efforts to resume longwall operations at its Leer South mine in Barbour County, W.Va., following a combustion-related event at the mine in mid-January. Full story.
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Canadian miner First Mining Gold and the Mishkeegogamang First Nation have signed a long-term relationship agreement covering the Springpole gold project in northwestern Ontario. Full story.
Read MoreWest Virginia-headquartered Swanson Industries has acquired the off-highway business of TransAxle Holdings, a remanufacturer of transmissions, differentials, hydraulics, axles and brake systems and related industrial products for numerous off-highway verticals. Full story.
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