Sibanye-Stillwater – the owner of the only platinum and palladium mines in the U.S. – has plans to lay off 700 employees at its operations in Montana due to declining prices for palladium, reported the Associated Press. Full story.
Read MoreCategory: North America
DoD invests millions in terbium production
The U.S. Department of Defense has announced a $4.22 million award to Rare Earth Salts in Beatrice, Neb., for developing and expanding production of terbium oxide from recycled fluorescent light bulbs. Full story.
Read MoreMotion opens Texas facility
Alabama-based Motion Industries has opened a new repair shop in Houston, Tex., to benefit customers in the state and the region. Full story.
Read MoreDoD awards millions to Montana Tech for upskilling
The Department of Defense recently said it issued a $6.56 million award via the Defense Production Act Investment (DPAI) office to Montana Technological University, also known as Montana Tech. Full story.
Read MoreFirst Majestic to acquire Gatos
First Majestic is making inroads for its silver expansion mission in Mexico with a confirmation it has inked a definitive merger agreement with Gatos Silver. Full story.
Read MorePeru signs critical mineral pact with U.S.
Representatives from Peru and the U.S. have inked a memorandum of understanding (MoU) to strengthen their cooperation regarding critical minerals. U.S. Under Secretary of State for Economic Growth, Energy, and the Environment Jose W. Fernandez and Peruvian Minister of Foreign Affairs Javier González-Olaechea met 29 August at a signing ceremony in Lima during Under Secretary Fernandez’s travel to Lima for…
Read MoreCaterpillar expands Indiana large engine facility
An estimated 100 jobs will be added following an expansion of Caterpillar’s large engine facility in Lafayette, Ind., that was taken on to further meet growing customer demand. Full story.
Read MoreYukon appoints board to investigate Eagle pad failure
Three experts have been tapped for an independent review board to investigate a heap leach failure in June at Victoria Gold’s Eagle operation in the Yukon province of Canada, CBC News reported. Full story.
Read MoreFirst gold pour at Borealis ADR facility
Canadian-based Borealis Mining has completed its first gold pour of 2024 from its on-site ADR facility in Hawthorne, Nev. Full story.
Read MoreEquinox Gold celebrates Greenstone opening
Equinox Gold held an official opening of its Greenstone gold mine in Geraldton, Ontario, Canada, on August 29, which included remarks from the mine’s Indigenous Partners, government dignitaries and Equinox Gold’s leadership team. Full story.
Read More