Fortune Minerals and Rio Tinto have signed a memorandum of understanding to develop technology that will improve recovery of cobalt and bismuth from Rio Tinto’s co-product streams to expand production of critical minerals. Full story.
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Eriez has appointed Daryl Leach as chief financial officer and treasurer. According to Lukas Guenthardt, president and CEO, Leach brings a wealth of financial expertise and leadership experience to the Eriez corporate team. Read full story here.
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The U.S. Department of Labor has awarded $1 million in grants to nine organizations in seven states to support education and training initiatives that will help identify and prevent unsafe working conditions in and around the nation’s mines. Read the full story here.
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Couer Mining has confirmed a number of crucial milestones for its Rochester expansion project in Nevada, including initial production of silver and gold. Full story.
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A fire reported in August in the second egress of the No. 2 shaft at Hecla Mining’s Lucky Friday silver operation in Idaho has been extinguished, though the company has confirmed it will suspend production for the remainder of 2023. Full story.
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A trio of companies including Eldridge, Brightstar Capital Partners and the Claure Group have inked a definitive agreement to acquire a majority stake in Australian-headquartered engineering firm Ausenco from Resource Capital Fund and other investors. No financial terms have been disclosed. Ausenco said its co-founder Zimi Meka will remain CEO, board member and investor in Ausenco. Mike Burke, former chairman…
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Komatsu has acquired certain assets of Matfield Machining to support the growth of its national field service teams, which support mining operations at customer sites throughout the United States and Canada. For the full story, click here.
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The Essential Minerals Association (EMA) said it is leading a coalition of 18 universities and 28 associations in supporting the Mining Schools Act of 2023 – a bipartisan bill that will increase opportunities for mining and geological programs at universities nationwide. Read full story here.
Read MoreMSHA reported that on Aug. 21, a crusher lid that was being moved into place at Portable Crusher #2, Pueblo Colo., struck a miner when the rigging broke. The miner died from his injuries on Aug. 23. This is the 28th fatality reported in 2023, and the 12th classified as “Machinery.” MSHA recommends the following best practices to avoid this…
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Essential element company Albemarle has received approval from the U.S. Department of Defense for $90 million in grant money to back the restart of the Kings Mountain mine in North Carolina. Full story.
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